Many people believe that it is worth holding blue chip shares through thick and thin for the long term, and that it is not possible to “time the market”. But it will come as a surprise to many to hear that even blue chip stocks can devalue by 50% and more during a bear market, and that market corrections can occur quite frequently — and the market can take 3 years or more to make new highs. If only we could spot these market aberrations and avoid them with little effort, we could greatly improve our portfolio returns.

 Robert will describe the extent to which portfolios were decimated by the last GFC with reference to a specific sample portfolio. He will also describe a simple technical analysis approach to avoid this in future.