Seize the sharemarket opportunities by Paul Clitheroe
Successful investors tend to regard downturns in the same light that most of us view department store sales – a chance to buy something for a lot less than you’d expect to pay normally.
At present the world is on sale. US stocks are currently selling at 1997 prices. A big discount is also available in our market with prices well down on their peak. While disastrous stories dominate the headlines, many companies are actually bigger and better than they were years ago. If you believe, as I do, that we will continue to consume and support the products of quality companies through our daily activities then economies and businesses will continue to grow over time.
