samedi 11 octobre 2014

What was it like to invest in the 90's?

I first stepped into the share market in around 2007 by purchasing JB Hifi shares. If I had more patience, I would've made a bit of money, but as soon as it went down a bit I sold out hehe.



Anyway, I didn't take a real keen interest in the market again until maybe around 2010, and since then I've been following it to varying degrees. One thing I have heard in the last year or two, both here and in the media, is that investing now has a lot of uncertainties. It seems to me that this implies that investing before this 'era' there were less uncertainties?



I always get the image of fat cat stock brokers in the 90's wearing their wide lapel suits and ties smoking a cigar, making money easily from the market, and that maybe there was more certainty back then? Maybe almost everything went up?



So I would like to ask the more experienced here, what was it like investing in the 90 to early 2000's? Was there still the same degree of uncertainty as there is today?




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