On booms, busts and investor psychology

There is a great article by Dr. Shane Oliver on booms, busts and investor psychology where he explains how the psychology affects the boom and bust cycles of the markets. This is just a rehearsal of the same ideas that were so painfully demonstrated during the GFC.

Reading article like this simply reinforces the ideas represented on this blog. Have in mind your long-term investment strategy (if investing for the long term, that is).

Booms, busts and investor psychology (link)

GDP Chart(s)

Google (as usual) has an awesome service to display publicly available data. This time the data comes from World Bank and represents World Development Indicators or the GDP of world's countries. 

I've selected a few to compare the world index, Australia, and India and China, then added Bosnia and Herzegovina. These are some interesting charts!

Link