It's been a wonderful time to be an investor recently. As regular readers of our GainingCHOICE e-mail will know, the current one year numbers for the trio markets we track are all in double digits, with the US index over 30% up on the year, and the Australian and Emerging markets both up around 20%.

So where to from here? Do such large gains over the past year mean we're destined for a fall? Or is this the early days of a new boom?

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