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All Ordinaries Trade Flat for the Year.

Discussion in 'The Economy' started by Johny_come_lately, 3rd Sep, 2010.

  1. Johny_come_lately

    Johny_come_lately Well-Known Member

    Joined:
    1st Jul, 2009
    Posts:
    703
    Location:
    SE Queensland
    Hi,

    On the 10th of September 2009, the All Ords traded at 4573.5 points. Today, the 3rd of September 2010 , the All Ords traded at 4578.7 points.

    That means we had zero growth in the last year. Any profits have come from dividends/distributions.




    Johny.
     
  2. Nigel Ward

    Nigel Ward Team InvestEd

    Joined:
    10th Jun, 2005
    Posts:
    1,172
    sadly true, but individual stocks within the market have differed wildly above and below that flatline. And I guess therein lies the difference between active and passive/index investing.

    Index investing has a lot to recommend it, but you have to be prepared for negative or flat periods. Of course the same can happen on any individual stock.

    Cheers
    N
     
  3. Tropo

    Tropo Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    3,394
    Location:
    NSW
    "And I guess therein lies the difference between active and passive/index investing"

    = ..... To be or NOT to be in this business !!!!!!! :cool:
     
  4. Chris C

    Chris C Well-Known Member

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    2nd Apr, 2008
    Posts:
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    Location:
    Brisbane, QLD
    When broad money supply around the world is stagnating and at times falling you should expect such results.

    ie, without inflation prices don't tend to inflate.

    :D
     
  5. TDFawaz

    TDFawaz Tony

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    1st Jul, 2010
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    Location:
    Brisbane, QLD
    sad, but true! cheers
     
  6. Beck99

    Beck99 New Member

    Joined:
    20th Sep, 2010
    Posts:
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    Location:
    us
    sadly herd that. take it easy. everything will be ok.