After years as a successful investment strategy, something has happened to blue chips over the last 5 years. Despite huge gains from global markets, Australia’s biggest companies have experienced zero capital growth since 2013.
In this wire, we discuss why Australia’s favourite companies have ceased generating positive returns, whether we can expect them to improve in the future, and where we might look to find the Blue Chips of tomorrow.
If you own the Big 4 Banks, BHP, RIO, Woolworths, Wesfarmers, or Telstra, this article will provide you with an essential re-evaluation of their prospects.