Australian Investment Blog

Remaining open minded is critical for future investing

OverviewRecently in America companies share prices have been performing in some surprising ways, Amazon is basically at an all-time high while IBM is almost at a 3 year low - see charts 1 & 2. Who would have thought an "online bookseller" would have come so far and be dominating in the new cloud space while IBM an IT company struggles to get traction.

Locally over recent years we have witnessed the big Australian, BHP Billiton, lose its title and fall basically 50% in around 5 years. Conversely over the same time frame the Australian banking sector has rallied 27% - even after the recent +25% correction - plus they paid some great dividends along the way.