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Can you please clarify your comment regarding exiting the hybrid if the share price drops (Read, Three high-yield investment options)? This should not impact the yield, but I would have thought it provides the opportunity to buy additional units at a cheaper price, providing even higher yield.
Peter, I know crystallizing loses is never a great idea but my super is all in Australian equities with the balance down substantially in the last few months. I’m 55 years old and like all of us not sure where Europe is going with their issues. Do I bite the bullet and play safe with cash and risk the chance of a strong bounce?