bear market14 Feb 2018 10:38
Indeed. Reinvesting as the sp falls will, over time, accumulate, but the sp falls are more than outpacing the 6%. So it's a question as to how far it will fall. Unless there is a recovery in the short-medium term like 1-3 yrs breakeven is a long way away for me as I bought at 950 on what I thought was a 'dip'. It's therefore all about political risk I assume.