As the ASX records a new three month high, the Aussie dollar reaches US 70c, and society slowly creeps towards normality, many Australians may be hoping that the ‘she’ll be right’ investment strategy they’ve relied on for so many years, may still be the right one.

And who would blame them? Until last week, we hadn’t seen a recession in 29 years and the success of sectors like mining have meant that as long as your money is in a savings account or invested in property, you’ll be seeing a return, even it is a modest one.

But as the housing market dips with Corelogic predicting a 10 per cent drop, and the government rolls out stimulus after stimulus, one thing is certain – Australia’s economic recovery is going to be a rocky one.

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