She said the local sharemarket remained a good investment option, with strong returns available over the long-term compared to bonds and bank deposits.
“Over the long run, equities have been worth much more to investors than other investment options. They have returned about 5 percentage points more than long-term bonds on average each year,” she said.
“This accumulates to a very large amount of money over a long period of time. If you had put $100 into the equity market in 1900 in a portfolio that tracked the stock market index, you would have over $100,000 today after adjusting for inflation; this is more than 100 times what you would have earned from a Government bond or a bank deposit.”
More to come.
from A Viral Update https://ift.tt/2LieJDS
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