So... Markets are heading down again. Testing the statement from a few days ago how it was ideal time to buy. It is one thing to state that after the index is shooting up and another when it is coming back down. Anyway, I think it's a good time to buy for a long-term investors.
So far, I've only seen modest returns from fund investments. Those would, for sure, be matched by interest returns on savings accounts in Australia. Though, now the rates are lower and that comparison will soon not hold ground. Meaning that even in a falling market (or bear market) the income is still superior to savings accounts. The prices should come back sooner or later, then justifying the investments. I'm talking of long-term investments here, not short-term manipulative trading. The goal is to create a modest income stream to support the low earnings and retirement (even lower). :) So, looking at the index coming down again I expect this is confirming the bottom. Of course, there is always a possibility of it going lower still.
So far, I've only seen modest returns from fund investments. Those would, for sure, be matched by interest returns on savings accounts in Australia. Though, now the rates are lower and that comparison will soon not hold ground. Meaning that even in a falling market (or bear market) the income is still superior to savings accounts. The prices should come back sooner or later, then justifying the investments. I'm talking of long-term investments here, not short-term manipulative trading. The goal is to create a modest income stream to support the low earnings and retirement (even lower). :) So, looking at the index coming down again I expect this is confirming the bottom. Of course, there is always a possibility of it going lower still.
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