The S&P 500 index took 4 years to recover to pre-crash levels. Whereas, the ASX 200 index is still 850 points below as at 31 December 2018. This is because ASX 200 index is dominated by financial institutions that are not wealth creators, rather wealth enablers; while the S&P 500 is comprised of companies that produce or deliver solutions.
There is a simple solution to the mortgage broker commission problem that should satisfy both sides of the intense debate triggered by the recommendations of the royal commission...read more
The last 5 year returns for our Simple Portfolios are shown in the diagram above. Call us!
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