Below is a chart of the S&P/ASX 200 for the past ten years:
Source: CMC Markets Stockbroking
Let’s be honest, if you were a buy and hold investor from mid 2000 onwards you’d be pretty disappointed with your return.
Posts tagged as:
australian small cap investigator
Market Having Extreme Reaction to Anything that Happens Overseas
As Kris sets off to work on the next issue of Australian Small-Cap Investigator, I’ve got to be honest, I was scratching my head this morning wondering what to write about.
I thought about tackling property (again), but I’ve only just emptied the Money Morning mailbag from yesterday and so didn’t want to create more work for myself by opening that can of worms.
Then I remembered I went out to dinner recently for my birthday [Ed note: That's the seventh time you've mentioned it today and it's not even lunchtime!]. During the course of the evening, work became a brief discussion.
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Why Australia isn’t so Different to Greece
Your editor is in Australian Small-Cap Investigator mode again this morning, so we may be brief with today’s Money Morning – unless we get carried away…
“Oh stop grumbling and just hand over the money.” That’s in effect what the German government is being told to do with its taxpayer euros.
According to the Associated Press (AP):
“A 45 billion euros ($A64.45 billion) bailout package from other eurozone countries and the International Monetary Fund (IMF) should see Greece through its borrowing needs for this year. But the bailout is complicated by German grumbling, which continued on Monday, about the burden of the bailout on its own finances.”
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Game-changing Alternative Energy Technology that Causes Incumbent Firms to Go Bust
One of our ongoing themes in Australian Small-Cap Investigator is alternative energy stocks. Tiny small-cap stocks that could see you either triple your money stake or lose the lot.
We’re not that fussy over what the alternative energy is, as long as it’s what I like to call a game-changer.
In other words, something like the development of unleaded petrol wouldn’t be considered a game-changer. It’s just taken an existing energy source and modified it slightly.
Funnily enough, we don’t necessarily see solar energy – based on the current technology – as a game-changer either. But more on that later.
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Why You Should Lock in Gains While You Can
Your editor reports in from rainy Frankston this week. While the missus is off supervising a school trip to Canberra we’re stuck at home on school pick-up and drop-off duty.
We’re not sure that being down here in Frankston will add any different perspective to when we normally write from St Kilda, but you never know.
Anyway, we were gobsmacked by this quote we read yesterday afternoon…
“Prices would only suffer a small fall, they wouldn’t crash.”
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