Please tell me...!!

....you have purchased shares with the cash you don't want to use for the near term! Since my last piece the JSE all share has moved as high as 22 700 and now stands on 22 015. That is a 10% increase in a couple of weeks.

If you are still in cash, you are earning 1% less than when we last touched base!

The other thing to take note of is the Rand exchange against the US$(R10.00 to R8.30). If you want to invest offshore or buy $ you should consider doing so now.

Something that a lot of investors forget about is their offshore investments. A lot of people have large $ cash portfolios offshore earning almost no interest due to the rates coming down. With the international equity markets also 30% cheaper than 18 months ago, you should consider switching the cash into shares if you deem the cash to be a longer term investment!

How to invest in shares without incurring high costs or admin hassles? Try the range of SATRIX investments. You can get all the info on www.Satrix.co.za

Something that you should start thinking about for the future is the possibility of inflation going up due to all the cash made available by international governments. Now, if you stay in cash, you will be slaughtered! if you are invested in shared you will be protected and if you want to have a lower risk investment you could look at an inflation linked bond like the newly launched product from RMB called "INFLATION-X".