wages, page-54

"As for investment property, historically the returns are less that stocks but it carries less risk. I doubt that will change"

that's what stock spruikers will have you believe, yet they leave one major factor out of equations.

Rebalancing, the quarterly magic trick

Index returns would be nowhere near property over a long period due to eliminating poor performers and the occasional 100% administration.

Think how many ASX300 folded in the GFC.

Even after all this fudging, the ASX is nowhere near where it was in 2007.