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Cash is a terrible long-term asset and I totally agree. However my 3 years is not 5 nor 10 either. Reading the article do you think WB was put up to it? Try and calm a few down?
BUY AMERICAN, I AM
No mistake where to buy!

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Here is a chart which I posted in the XAO thread a year ago.

[ATTACH]27634[/ATTACH]

The graph is the movement in the price of Australian shares less inflation over the past 80 odd years.

Observation by added RED line: Between Approx 1930 and 1980 (50 years) Australian shares as an average was equal to inflation.

Observation by BLACK and White lines: Is the range in the long term trend as I understood it.

We do seem to be in that long term trend range now at 3500.
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We have what 17 years expansion in Australia. (Your first trade was 18 - 19 years ago? WBC? $3-) What does the fine print always say? "Past returns are not any indication of future returns" Not trying to be smart we are both similar in age and I am a little out on a limb here.

Everyone for years has been drumming CASH is a waisted investment. Do many not preach buy "what is out of favour" Everyone keeps accepting leveraging. I never have!

What Financial Planner has ever told you to buy or just keep cash?

As for the invitation to compete with WB I take up the challange.
My 5.5% term deposit for 3 years will outperform the Dow / S&P over the same term from the 16/10/08.

<blockquote data-quote="MR." data-source="post: 392701" data-attributes="member: 8039">Cash is a terrible long-term asset and I totally agree. However my 3 years is not 5 nor 10 either.&nbsp; Reading the article do you think WB was put up to it?&nbsp; Try and calm a few down? BUY AMERICAN, I AM No mistake where to buy!----------Here is a chart which I posted in the XAO thread a year ago.[ATTACH]27634[/ATTACH] The graph is the movement in the price of Australian shares less inflation over the past 80 odd years.Observation by added RED line: Between Approx 1930 and 1980 (50 years) Australian shares as an average was equal to inflation. Observation by BLACK and White lines: Is the range in the long term trend as I understood it.We do seem to be in that long term trend range now at 3500. -----------We have what 17 years expansion in Australia.&nbsp; (Your first trade was 18 - 19 years ago? WBC? $3-) What does the fine print always say? &quot;Past returns are not any indication of future returns&quot; Not trying to be smart we are both similar in age and I am a little out on a limb here.Everyone for years has been drumming CASH is a waisted investment.&nbsp; Do many not preach buy &quot;what is out of favour&quot;&nbsp; Everyone keeps accepting leveraging.&nbsp; I never have!&nbsp; What Financial Planner has ever told you to buy or just keep cash? As for the invitation to compete with WB I take up the challange. My 5.5% term deposit for 3 years will outperform the Dow / S&amp;P over the same term from the 16/10/08.</blockquote>

[QUOTE="MR., post: 392701, member: 8039"] Cash is a terrible long-term asset and I totally agree. However my 3 years is not 5 nor 10 either. Reading the article do you think WB was put up to it? Try and calm a few down? BUY AMERICAN, I AM No mistake where to buy! ---------- Here is a chart which I posted in the XAO thread a year ago. [ATTACH]27634.vB[/ATTACH] The graph is the movement in the price of Australian shares [B]less inflation [/B]over the past 80 odd years. Observation by added RED line: Between Approx 1930 and 1980 (50 years) Australian shares as an average was equal to inflation. Observation by BLACK and White lines: Is the range in the long term trend as I understood it. We do seem to be in that long term trend range now at 3500. ----------- We have what 17 years expansion in Australia. (Your first trade was 18 - 19 years ago? WBC? $3-) What does the fine print always say? "Past returns are not any indication of future returns" Not trying to be smart we are both similar in age and I am a little out on a limb here. Everyone for years has been drumming CASH is a waisted investment. Do many not preach buy "what is out of favour" Everyone keeps accepting leveraging. I never have! What Financial Planner has ever told you to buy or just keep cash? As for the invitation to compete with WB I take up the challange. My 5.5% term deposit for 3 years will outperform the Dow / S&P over the same term from the 16/10/08. [/QUOTE]

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