 Why Valuation Matters? by Andrew Clifford, Platinum's Deputy CIO
With shares having lost investors money over the last five years (and even 10 years depending on the market), together with the apparent dire state of the world economy today, many investors are asking 'Why invest in the stock market?' Especially so, when you can still receive 5% on a term deposit, and one needn't put up with the day-to-day gyrations of the market. The answer is that valuations of stocks are attractive and are therefore likely to give better returns than other investments.
|
