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0.General, 1.Market Observations, 2.Strategy

22 Dec 2015 (AFR) – A year to forget in a decade of shareholder destruction

[COMMENT: How can we not comment on this new story. The Australian market is nwo roughly where it was a decade ago. Anyone with an index tracking investment now has a capital value that is little different to what it was 10 years ago. Some investors might be able to  put their heads in the sand and so “that’s okay, because I have earnt an income from it”. But for many investments this excuse will not apply. There is a lot to be said for carefully choosing our financial adviser, and our investment options. And if any investor casually dismisses this by saying that no one can get it right – we have news for them!!]

(22 December 2015, AFR, p13, by Vanessa Desloires)

‘This year is set to become one to forget on the Australian sharemarket, and few are expecting 2016 to swing from the chandeliers. Chalk it up to one in a lost decade, leading fund managers say. The idea that the past 10 years have essentially been a write-off in terms of creating shareholder wealth has been a big point of discussion in the funds management world in 2015.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

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