I'm guessing there's a bunch of reasons there's no confidence in the market right now.
Don's war with China won't be helping - and if Labor gets in it'll be a nightmare for anyone who wants to actually try and make some dosh.
Don't make the mistake of trying to create a nest-egg to retire on - if you're saving it, you're not spending it
If you got it - Labor wants it. You got a house? - you're obviously rorting the system. If you're a baby-boomer you're probably retired so you must be sucking the life out of the economy. How come you're still alive anyway? You got a super fund that isn't a union fund? there's special attention ready to be paid to it. If you accidentally actually make some dosh on shares, Labor wants to effectively double you CGT bill.
And don't make the mistake of dying and trying to leave your ill-gotten gains to members of your family.
And the other crowd isn't much better.
Still, the pollies are OK, and that's the main thing.
VTG Price at posting:
$1.53 Sentiment: Hold Disclosure: Held