Noel News – a New Financial Year

Noel News – a New Financial Year “It’s okay to celebrate your wins, but remember, wins are milestones, not finish lines.” DAVID MELTZER Welcome to another newsletter and to the start of another financial year. As I write this, the Australian stock-market is at a record highs, and American stock markets are in a similar position. The top 20 performing Australian super funds returned over 18% to their members over the year, a result that nobody would have predicted 12 months ago. I also noticed in my daily diary that exactly two years ago the Australian stock-market was at a six year high. The question that seems to be in everybody’s minds is “when will the big crash come?”. It’s a reasonable question when you think of the amazing 12 months we have enjoyed with our investments, but you need to keep in mind that nobody has the power to accurately forecast what markets will do. This is why you should go back to fundamentals and hang in there for the long…

The post Noel News – a New Financial Year appeared first on eLanka.

Source link

Comments are closed.