New Bull Market Means Time To Buy Shares

Investment Clock Shows Recovery Phase Underway The Dawn Of A New Bull Market Means Time To Buy Shares

Investment commentator and author of the recently released book, ‘Understanding The Investment Clock – Your Road to Recovery’, Rod North says:

“There are now very clear signs that the Recovery phase is underway in Australia. Recent survey indicators for retail, consumer and business confidence have all been positive. Growth figures continue to indicate that Australia is the only major trading partner in the world to have avoided a technical recession, with positive growth prospects a reality for the remainder of 2009 and into 2010.”

“The sharemarket peaked in November 2007 at an index high of around 6,800 and dropped to a low of 3109 in March 2009. This represented a decrease of over 50 per cent. The sharemarket is now up 11 per cent over the past week and over 30 per cent from its low point in March. This indicates that the bear market in Australia is over and the early stages of a new bull market has commenced. A bull market is defined as any market that sustains an increase of 20 per cent and above from its low point”, he said.

Rod North says, “Historical reference points can often give you the answers about what to expect next in the sharemarket.” In his book he covers the statistics of past bull and bear markets, some of the key booms and busts in history and why now may be the opportune time to buy shares.

“One of the key pieces of historical data is that, once a bear market ended, it took an average of 33 months to exceed the previous market high. By looking at the performance of the All Ordinaries Index since 1908, it is evident that markets have always recovered and moved to new highs”. At the current sharemarket level, above 4,100, there is still a further gain of 65 per cent, or 2,700 points available to investors to get back to just the previous sharemarket high of November 2007”, he said.

In commenting on the recent release of numerous positive economic indicators and how this affects investment market participants and what action should be taken now, Rod North said:

“This convergence of good news presents a unique opportunity for investors to take advantage of a range of investment options, where share investment provides some of the best value in years. Whilst we can never pick the absolute bottom of the sharemarket, equipped with the Investment Clock, investors can easily identify where they are in the current investment cycle and then consult with their financial adviser who can assist them on their Road to Recovery.”

Rod North’s recently released book ‘Understanding The Investment Clock - Your Road to Recovery’provides a timely and powerful strategy to guide investors on their road to sharemarket and investment success, it’s called – The Investment Clock. ‘Understanding The
Investment Clock- Your Road to Recovery’ sets the scene for wealth creation by demonstrating that the current Global Financial Crisis does not have to be all about doom and gloom, it’s about opportunity. The strategy for investment success is straightforward: Understand The Investment Clock – utilise that knowledge to determine when the best time is to invest in consultation with a financial adviser and then capitalise on an opportunity of a lifetime. Falling markets mean falling prices- which is good news for investors. The key is knowing when to strike and The Investment
Clock will help to pinpoint the best entry point.

Even the Reserve Bank of Australia (RBA) Governor Glenn Stevens commented this week that the financial crisis “may not be as serious as we thought.” He also said “it appears at this stage, that the downturn we are having may not turn out to be one of the more serious ones of the post-War era, in contrast to the experience of so many other countries.”

In navigating the pathway of investment decision making, that can often be quite daunting, Bourse Communications has made this process much easier for the investor by providing detailed information on The Investment Clock and investment cycles and what we can learn from history on the Bourse Communications website- www.boursecommunications.com.au . This website also includes the very popular interactive Investment Clock.

ABOUT ROD NORTH

Rod North has spent his working life in the investment industry. He spent his formative years working in his father’s sharebroking firm in Melbourne. Guided by his dad and his father’s best friend Barry Hutchens he learned at a young age how to pick the right shares and be rewarded.
His knowledge of the financial services sector has been broadened by more than 25 years experience, across all sectors of the industry, ranging from those early years running errands from a broker’s office to high level roles as a corporate adviser to many private and public companies.

Rod North established Northwood Enterprises in 1996 to assist leading fund managers and institutions. His analysis and strategies for product development and marketing is highly regarded and much sought after. His other business Bourse Communications assists ASX listed small, medium and developing companies that want to present their message to the wider market.
Rod North is the author of two previous books produced in conjunction with his financial services clients, ‘Wealth at Your Doorstep’ and ‘Wealth Be In It’.

He is a regular business commentator on radio and television.

ENDS

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