The ASX200 Index is down 559 points, or 10.28% in two years.
The following is nothing new but impressively points out the obvious, especially for the many who believe hugging an index gives them exposure to a broader range of share investments.
Of the downside losses in the last two years BHP accounts for a whopping 276 points; ANZ 78 pts; Woolworths 66, National Australia Bank 57; Rio Tinto 47; Fortescue 46; Woodside 33; Origin 32; Westpac 31 and Santos 28.
Those 10 stocks alone equate to 616 Index points lost.
Continue reading Is the Aussie stock market over-stretched to a point ?
