AMP 2.25% $1.09 amp limited

Considering that 6 months ago a 'conservative' portfolio might...

  1. 106 Posts.
    Considering that 6 months ago a 'conservative' portfolio might have had:

    Property Trusts
    Infrastructure Trusts
    A smattering of Blue Chips
    Cash

    A loss of 14% is actually quite reasonable in the circumstances.

    Try looking at the broader market before you start complaining!!

    The All ords was off 28% (prior to the rally over the last week)
    The Financial index was down 42%
    The Utilities index was down 34%
    The Financial/Property index was down 41%


    So before you start mouthing off, consider that the fund the super was in has actually outperformed many of the 'conservative' indexes by a mile.(Actually, you could argue that you should be writing and congratulating them rather than winging).

    Markets are volatile, and this is a fall that we havent seen since 1987. Unless you just stay in cash, or use some form of expensive portfolio insurance, then there are no guarantees.


    Whilst I hold AMP shares, I have no other interest in the company. However, those who enter the markets should have some idea of what they are talking about.

    DYOR
 
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