Worst periods for investment returns are usually followed by the best

24 July 2019 - 09:33 By Adriaan Pask

The performance of the local equity market has been rather sluggish over the past few years, with the FTSE/JSE all share index delivering some of its worst returns in more than 40 years. Poor returns usually make investors feel compelled to take drastic action — often incorrectly so.

While the JSE is posting some of the worst rolling five-year annualised returns in over 40 years, historical data suggests that the worst periods are usually followed by the best...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day, Financial Mail or Rand Daily Mail websites? Sign in with the same details.

Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.