I don’t agree with your article, It’s all about income. People who sat through the 2007 – 2009 massive bear market falls lost 50+% of their capital. It will take them many years to recover. I did far better by moving to cash and bonds for 2 years then returning to the market. I know you will say it is hard to time the market…but the major bear markets are flaming obvious when they happen.
A: Thanks for your email. We’re all entitled to our views and I’m very pleased you mentioned this point.
No so-called economic expert – eg at our RBA or the US Fed – saw the recent GFC coming. If you recognised that and 1987 then, well done!
I have a few questions for you which I very much hope you’ll be able to answer:
- If Aussie shares fell by 50% during the recent correction, what did the ASX 200 All Ords income paid (exclude franking credits if you like) fall by?
- Has your cash investment income increased by at least the inflation level?
- Has the income paid by ASX 200 All Ords company’s retuned to pre-GFC levels?
Best Regards,
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