AUSTRALIAN SHAREMARKET HISTORY
Investors should remember that it is critical to take a long-term view when acquiring shares. Best profits are made when shares are held for five to seven years. The secret is to maintain the mental resolve through good times and bad and hold on to shares, rather than sell for a quick profit or to gamble against future rewards by selling to avoid a temporary loss.
Gloom hangs over every bear market leaving investors to struggle with having to face the fact that the market will recover at some point. The good news is that markets always come back and turn bullish. By looking at how the All Ordinaries has performed since 1908, investors can see that it always moves back to its previous highs and eventually sets new records. Patience is a key component in the waiting game of sharemarket investment.
