Where to next?
Having suffered the worst calendar year for the ASX All Ordinaries index over the last century, we can assure ourselves that major falls are usually followed very quickly by some of the most significant sharemarket gains.
The sharemarket falls of 1973-74, 1981-82 and 1990 were all followed by some of the largest rises in sharemarket history.
The sharemarket has already factored in a severe downturn in the economy.
Whether it materialises to the extent
that the market has factored in, remains
to be seen. |
|
|
Annualised calender returns of the ASX All Ordinaries index since 1900
 |
|
|
| |
|
|
 |
Investment Notes |
 |
|
| Funds Focus is issued under general advice only and is not personal advice. The price and value of investments and their income fluctuates: you may get back less than the amount you invested. Past performance should not be seen as an indication of future performance. Exchange rate fluctuations may have an adverse effect on the value of non- Australian funds and shares. Tax benefits and the value of these to you can change at any time and are based on the rate of tax you pay and our current understanding. The savings referred are correct as of 19/02/09. |
|
| |
|
| |
