The Reserve Bank of Australia’s Statement on Monetary Policy (released 6th February 2009) included the following graph of the largest falls in Australian equities (aka shares). As the RBA note in their report “Historical experience indicates that, following large falls, it can take between three and six years for the share market to recoup losses”.
Read the full report on the RBA website here. The above graph is graph 65 on page 47 of the report.
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Certified Financial Planner professional, Matt Hern has three times been awarded as one of Australia’s Top 50 Financial Planners by The Australian Financial Review Smart Investor.
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Matt Hern is an Authorised Representative of Sentry Financial Services Pty Ltd (AFSL 286786, ABN 30 113 531 034). All information is general advice only.
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