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The article states,
"Statistics continually show that over the long term the best investment returns are found on the share market."
The All Ordinaries Index hit 5000 in 2005.
In 2007 it nearly went to 7000.
In 2008 it crashed down past the 5000 mark to around 3300.
And today, in 2016 it is 5050.
I wonder what the statistics consider as "long term"?
I know that for a more accurate picture I should be using the All Ordinaries Accumulation Index, which includes dividends, but that isn't easily available. However, from a capital appreciation perspective, the All Ords hasn't really cut it in the last 11 years. If one had the misfortune to start investing back in 2006 or or 2007, one may still be struggling to recover.
Regards,
Renato
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