Investment: volatility gains

As the global economy resets, the prospects are for lower returns and increased volatility. The US stock market took 25 years to regain its highs after 1929. Japanese stocks (down 75 per cent from their peak) and property markets (down between 50 per cent and 70 per cent) have still not recovered 1989 levels.

Good returns can be earned during periods of uncertainty, but require different investment approaches. Investment theory may fall short in this respect.

via Business feed http://www.scmp.com/business/money/investment-products/article/1089232/investment-volatility-gains