Dear Mr Tan,
When you say long term, what is the time-frame? Is it possible, say after 10 years, the value drops below than the current value?
REPLY
It is possible, but extremely unlikely.
If you look at any period of 10 years in the past, I do not think that you will this situation. Even if the unlikely event happens, you can wait for a few more years for the market to recover.
Remember, if the market continues to go down over 10 years, it will be spell disaster for the economic and financial system. In that case, other investments will perform poorly as well.
COMMENT FROM AN EXPERT
In Singapore, since 1980, there has never been a 10-year period when the stock market has realised negative returns.
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