NAB takes a Hammering

joke really, why invest into the stock market at all? if a 'blue chip' can 1/2 in value in the space of a couple months.

I recon just pay off your mortguage! forget investing..

It was only 12 months ago that you said you hated property and loved shares....

Look at the big picture (and by big picture i mean the past 7 years). Returns are higher than the interest rate costs, so hence you would be worse off if paying off your mortgage was your strategy. Im sure Donald Trump would be just as rich today if he implented paying off his mortgage....

I actually have both, property and shares now, but its dissapointing to see shares 1/2 in value. If your geared at 50%, then you can be wiped out completely!