Yeah i always wondered why you would go with an underperforming...

Yeah i always wondered why you would go with an underperforming retail fund rather than an industry fund. They flooded the tv with those ads showing how industry funds are better and cheaper. A no brainer. It took the RC to finally wake everyone up. Final straw. The masses arent so dumb after all. I hope that the exodus is over but i think its going to be extremely hard for AMP now. At the time the RC ripped AMP a new ass hole we had a broker. Sell i said when it was $4. They are in deep shit i said. I was overuled. Our broker has since been dismissed and we do it ourselves. Its not bloody rocket science. To do ok just hold all the big companies long term. Another thing, if you go back to that time when the RC was revealing the skeletons in AMPs closet, all the big brokers were giving it $3 -$4 target price. Now they say $2. Their target prices are a joke.