Most of the posts on the XJO thread tend to focus on the short-term. Yesterday, because it was bitterly cold in Brisbane and the surf at Burleigh Heads was rubbish, I decided to look at the longer term. No - not one day, or one week, or even one year. How about 10 years or so, I said to myself.
Surprise, surprise.
Here is a totally useless graph of how sectors in the ASX have done over the past 10 years or so.
What's the best performing sector since the beginning of 2013. Surprise, surprise. It's Health.
Ok. Let's all pile into Health - buy-and-hold - and make a motza. Looks great, huh?
(Warning - past performance ...... you know the spiel.)
Here's a three-year monthly graph for XHJ.
Tradable? Yes. buy-and-hold, down -2.14%.
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