What were you hoping to gain from investing into the stockmarket MTR?
6% fully franked set and forget
I expect 9% total return (don't care ratio of CG / Income). I am good enough to manage that aspect. The beauty of shares is I can sell shares to generate income as long as the total overall returns are maintained over the long term.
Don't think there is any other asset class other than broad market based ETF that is passive (set and forget) and returns that are satisfactory over long term > 30-40 years plus.
Both Australian and US markets have returned > 9% in the past over the long term even after you consider how much the World has gone through during that time. There is no reason to doubt the respectable returns from these markets will not continue in the future as well.
Cheers,
Oracle.