Update- Market Metrics: Global Property
The Australian All Ordinaries Index (AORD) reached a peak end of day close of 5,937 on 25 March 2015 and as at 10 February 2016 had fallen to 4,826.
This is a drop of 18.7% which is officially a correction but looks very much like we are entering a bear market which is defined as a drop of 20% plus from recent peak.
Now comes the hard part, any drop of over 10% always represents an opportunity to buy more quality assets and invest but the question on every investors mind is how much more worse will it get before asset prices start shooting back up.
This is were we can help because the cycles always repeat (see attached).
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 via Contact Us or to call me on +61 2 9267 2322.
12th-February-2016 |