The first eight months of 2017 have seen global markets continue to go up at a surprisingly consistent rate. However, most investors, particularly those in growth or high growth investments, will be aware that equity markets rarely experience such blissful performance without some form of volatility. This has led many commentators to opine that markets are at record levels and therefore they are primed for a significant sell off. While in growing markets, corrections happen from time to time, they are healthy part of market cycles, and history suggests that record highs are not as uncommon as many investors think.
Actually, 20 years ago was the best time to start investing, which is an adaptation of a Chinese proverb:
The best time to plant a tree was 20 years ago. The second best time is now.
We don’t want your AMP KiwiSaver Scheme members to miss the boat on up to $521.43 worth of Member Tax Credits (MTC).
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