How do we play this sell off?

Founder and Publisher of the Switzer Super Report
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The month of October is famous for scary market crashes, such as the biggie of 1929 and then there was the 1987 crash that brought a lot of entrepreneurs undone — Alan Bond, Christopher Skase and Robert Holmes a Court to name a few. And the current one hasn’t been great for our share market, with the AFR telling us that it’s the cheapest since 2015!

J.P.Morgan maths says “the benchmark ASX 200 index is trading on a 12-month forward price-to-earnings ratio of 14.7 after starting the month at 16.” And I can’t help but think that this is a prelude to another great buying opportunity.

Cautious optimism

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