Problem is your asset, cash is depreciating. Over 16% increase in money supply in Australia per year. You can argue cash has a negative real return after tax on the interest and depreciation, whereas a business that holds it's market share is steady or positive in real terms. Another way of holding value in real terms is precious metals.
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Last
8,668.2 |
Change
-89.000(1.02%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,757.1 | 8,757.1 | 8,648.4 |
| XJO (ASX) Chart |