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
- Forums
- ASX - By Stock
- their bad advice cost me packets
Considering that 6 months ago a 'conservative' portfolio might...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AMP (ASX) to my watchlist
|
|||||
Last
$1.09 |
Change
-0.025(2.25%) |
Mkt cap ! $2.847B |
Open | High | Low | Value | Volume |
$1.10 | $1.11 | $1.08 | $9.379M | 8.620M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 232291 | $1.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.09 | 145804 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 67011 | 1.085 |
8 | 209061 | 1.080 |
8 | 298305 | 1.075 |
11 | 315036 | 1.070 |
6 | 141331 | 1.065 |
Price($) | Vol. | No. |
---|---|---|
1.090 | 129385 | 4 |
1.095 | 129453 | 5 |
1.100 | 836011 | 14 |
1.105 | 285794 | 3 |
1.110 | 104444 | 5 |
Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
Featured News
AMP (ASX) Chart |