"I am still optimistic but I do think there are imbalances which need to be resolved, hopefully in an orderly manner"
There have always been imbalances, problems, issues.
Every day since day dot.
But long-term, you cannot enjoy *stockmarket returns* unless you are invested in the stockmarket.
You must take on stockmarket risk to enjoy stockmarket returns.
You know what happens when you are so cautious and risk-averse that you are frozen into inaction.
You get the risk-free return.
In other words 2.3% pa in a CBA passbook account. No ?
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Last
8,580.1 |
Change
-9.100(0.11%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,589.2 | 8,619.8 | 8,568.2 |
| XJO (ASX) Chart |