hawkers, I knew nothing of the stock exchange back in the day and I would expect that the average worker knows much about equity markets these days let alone be comfortable with investing in them.
"But there lays the problem-its fine if you bought years ago, but it’s now a dud investment for most entrants."
Based on what? your opinion? and what qualifies your opinion?
Sure property may not double in value in 10 years time, I never thought my $40k property would one day be worth $100 and when it did I never thought it would get to $200k. And if some one had said back then it would be worth over $500k I would have laughed at the suggestion.
Do I think it will be worth $1m in 10 years time? had to imagine but I would not rule it out.
