THERE’S great Warren Buffett quote: “I buy (shares) on the assumption that they could close the market and not reopen it for five years”.
It’s good advice, evidenced by Vanguard’s 30-year index chart, released earlier this month. The chart tracks the growth over a 30-year time frame of a $10,000 investment. So had you invested $10,000 30 years ago and reinvested all income, you could now have:
$268,733 if invested in Australian shares;
$190,702 if invested in US shares;
$168,900 if invested in listed property;
$105,786 if invested in cash.
While the chart demonstrates the value of long-term investing, it also shows the value of following a broad trend rather than focusing specifically on any one fad.
What do I mean? Well the Australian shares result above is calculated on the S &P/ASX All Ordinaries Accumulation index. This index represents the 500 largest companies listed on the ASX – but over the past 30 years the top five hundred companies have changed. Some examples are the float of the Commonwealth Bank, of Woolworths, of Telstra and the various airlines.
Full article here: http://www.dailytelegraph.com.au/money/investing/the-biggest-trend-in-the-decade-ahead/story-fni0csm3-1226703916255
THE suburbs potential buyers are honing in on most have been revealed.
Australia’s largest property site realestate.com.au has named its top ten suburbs with home hunters for the past quarter.
For the second quarter in a row, South Australia has been named the most popular state for potential buyers, with Victoria close behind.
Realestate.com.au receives about 20 million visits every month, providing statistical insight into which suburbs people are wanting to buy and rent in.
Leafy Victorian suburb Surrey Hills has gained popularity, moving from seventh position to second on the national list, over the last three months.
There are six newcomers -Walkerville, Aldgate, Fitzroy North, Oyster Bay, Wantirna and Bondi, with the South Australian suburb of Walkerville re-entering in third position after falling off the top sellers’ list in the March quarter.
Read More: http://www.couriermail.com.au/realestate/australia8217s-most-clicked-on-suburbs/story-fnihpmzi-1226690259208