Time to sell the banks?

The big four banks have delivered an average total return of 42% over the past year. Nathan Bell makes the case for a thorough reassessment of your portfolio weightings.

Look closely at the cavernous walls that enclose Sydney’s Martin Place and you’ll find a small plaque marking the last living moments of the financial advisor that told his clients to sell the big four banks.

His was a Mishima-like death, a man so traumatised by his own mistakes he could face the world no longer. It was a sad, public and bloody end to a decent and well-intentioned man.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles