Consider shares, property investors told
Chairman Peter Christensen said shares and equities consistently outperformed property as an investment in figures published by Gosvenor Research, which showed investors with a portfolio of shares were more than twice better off than those who focused solely on property.
Data compiled proves equities have consistently outperforming property for almost three decades; even during tough times.”
The Grosvenor data said investors experience 11.2% growth in equities compared to a 9.2%growth in property returns from a $10,000 investment made between 1971 and the end of 2011.
He said: “Figures show that $10,000 invested in NZ Equities in 1971 grew to $787,128 while capital solely invested in property grew to just $367,352. That will surprise many investors who appear easily distracted by the frequent, short term ups and downs of shares.”
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