Learn to love market declines

The news from the Australian sharemarket was relentlessly negative today. Greek citizens queued in front of their banks as the threat of Grexit intensified. The Shanghai Composite Index fell again, taking losses on Chinese stocks to more than 20% in only a few weeks.Some economists are now tipping that the iron ore price could fall to less than $40 a metric ton. And acquisitive law firm Slater & Gordon (ASX: SGH) saw its share price fall 25% as news broke that the Australian Securities and Investments Commission would launch an investigation into the company.No wonder the All Ordinaries index fell...

The news from the Australian sharemarket was relentlessly negative today. Greek citizens queued in front of their banks as the threat of Grexit intensified. The Shanghai Composite Index fell again, taking losses on Chinese stocks to more than 20% in only a few weeks.

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