Why hasn't the ASX really dropped yet? Of course it may still happen and we may see the 3500's or so. But I have a theory that unlike market crashes of the past including the GFC which was 12 years ago and didn't really affect Australia, that investors and shareholders may be wealthier either in the financial sense and more knowledgeable so in a position to not panic as much and keep a bit of optimism. That is why it hasn't gone down too much.
Today it is easy to DYOR well and get it sorted online, but in the past it was call your broker and rely on heresay and rumour. Have times changed?
Just wondering people's thoughts.
Cheers,
GazDix
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- Are shareholders and investors wealthier and more knowledgeable than in the past?
Are shareholders and investors wealthier and more knowledgeable than in the past?
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