Business
Australia’s share market is the world’s best since 1900 – The Motley Fool Australia
Investors in ASX shares will be pleased to hear they’re invested in the planet’s best country for stock returns. Here’s why.
Australia has been crowned the best-performing equities market in the world since 1900.
The finding came in the latest Credit Suisse Global Investment Returns Yearbook 2021 report, released Friday.
It reported that Australia came out on top among 23 countries over 121 years in US dollar terms.
In local currency terms, Australian shares returned a real return of 6.8% per year since 1900, to come a close second after South Africa.
“We also rank second lowest in terms of volatility,” said Credit Suisse…
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