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DON'T flee the NASDAQ! Tesla pops, Zip flops, guess my PE, what is long term? And best sectors to buy in 2023

Australian Investors Podcast

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The Importance of Long Term Investments

Most people, and we saw it with a survey out recently, most people don't understand bonds. So they've usually got a whole heap of cash and turn deposits, maybe 15, 20%, and then 80% in Aussie shares. You forget that when you get to 60, you're actually going to be investing on average for at least another 35 years. I'd say they're all taking more risk in two, in more ways than they should. It shouldn't be the other way around.

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