23 Aug 2024
Friday Tidbit
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
Vanguard have just published their Index Chart for asset class returns to 30 June 2024.
The outcome again confirms just how correct the value investing principles taught by Benjamin Graham are for creating wealth.
Owning a profitable business that sells goods and or services is the investors protection against inflation provided that the business remains profitable.
Click for chart.
This is why remaining invested according to your appetite for volatility is key and when the next panic takes hold, react by buying more quality assets at discounted prices.
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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.
