Australian shares have outperformed residential investment property to provide the best ‘real’ returns to local investors over the past two decades, according to this year’s Russell Investments/ASX Long-Term Investing Report.Commissioned by the Australian Securities Exchange (ASX) and prepared by Russell’s investment consulting team, the Report investigates the performance of various types of investments over the past ten- and twenty-year periods to 31 December 2009. The Report considers the real-life impact of tax, costs and borrowing on ultimate investment returns. The aim is to provide investors with insight into how different investments have performed over the medium to long-term – in real terms.
Will Wilson, General Manager of Domestic Customer Management at ASX said the global financial crisis tested the resolve of many investors: “This Report offers investors some practical guidance on the benefits of ASX-listed investments compared to other investment types, and, in particular, underlines the importance of investing for the long term.”
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