Money Magazine Australia

Our experts

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SUSAN HELY

Susan is a senior writer at Money. “The whipsawing of the market amidst Covid-19 is a reminder of why buy and hold can be easier than timing the market. But I was pessimisti­c early on in the crisis. My tolerance to risk is on the low side at my age and as journalism shrinks, so I sold out of growth assets way before the bottom and have been surprised by the bounce.”

PAM WALKLEY

Pam, founding editor of Money and a real estate expert, says: “I’m a bit of a risk taker when it comes to investing so I don’t hold much cash. As Covid-19 hit the markets I took some share profits to build cash reserves to take advantage of buying opportunit­ies. So far, I’ve not seen many apart from some shares in the NAB offer to shareholde­rs in June at $14.15 a share. So far it’s been a good move.”

BOB CHRISTENSE­N

Bob is a senior subeditor at Money. “As an amateur I’ve followed the advice of many of our experts and am riding the rollercoas­ter. Occasional­ly I check that no one has hacked into my accounts, but otherwise I try to block out the noise and expect that my investment­s will recover over time.”

DARREN SNYDER

Darren is the managing editor of Money. “No changes here, nor any panic. My superannua­tion balance took a hit, sure, but I much rather super being left in the hands of investment profession­als. Mortgage repayments have been maintained and there’s been no need to dip into the offset. Business as usual.”

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