One thing has puzzled me about the ASX over the past 6 years and that has been their poor performance since 2008 in comparison to the Dow Jones . If i remember correctly the DJ was sitting approx 7000 , currently they are 17,150 approx , nearly a 150% increase . The ASX has moved on about 20/25% from memory over the same period .
From memory the DJ was sitting in the 12,000's when the GFC hit , still an increase of 40%
For a country that came through the GFC relatively unscathed why have we failed to move on over this period ? Barring the odd explorer / miner eg Sirius , there has been little confidence in our market .
Please note that i am a novice investor and not a great one at that ! Would be interested in reading the opinions of other investors
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One thing has puzzled me about the ASX over the past 6 years and...
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