To be fair, no one could ever have foreseen the devastation that would result from COVID-19. Fast forward just one month and the equities markets tumbled by a reported 36 per cent between 20 February and 23 March. Optimism was no longer the mood of the day. Australian investors have a strong predilection for shares, particularly Australian shares, heightened by a consistently low interest rate environment this century. After a decade of mostly rising share prices and falling interest rates, many investors were increasingly over-confident that shares would continue to provide both capital appreciation and income via dividends. Then the...