Originally Posted by
BlackPeter
Depends on which stocks you did hold at that time. Solid companies producing useful products had a good return, even then (well, on global markets, didn't watch NZ at that time)
Quite different to the after inflation and after tax returns of bonds.
As well - it might help to broaden your perspective if you study more than one somewhat inflationary period. Who is saying that this will develop like the 70ķes?
Just looking at the current geopolitical situation it might be more useful to study what happened to bonds vs stocks during in the 1920'ķes ...
Obviously - anybody who managed to pick the peak in 1929, went (short before) that day into cash and went some months later back into stocks, made big money. But what for the majority of people without a working crystal ball?
Anybody who kept their money throughout the 1920'ķes in bonds was a big looser ...