16 Feb 2024
Friday Tidbit
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
It is next to impossible to always pick the winners.
This was the explanation that we gave to one of our clients who asked about making large individual investment bets.
This not only applies to individual investments but also to indices.
For example, how many times has the US stock market posted the highest calendar year return in the past 30 years?
The answer is none, not once did it deliver the highest return for investors.
Click for table.
The message, it is smart to diversify.
Our business is based on referrals, so if you have family, friends or colleagues that want advice please ask them to contact us.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.
