Officially we are in a bull market again as there has been a 20% gain from the March lows. You could be forgiven for thinking the worst of COVID-19 is over, at least in regards to the sharemarket. However I don’t think this is a prudent position to take.
Shock horror. Whilst talk of the biggest ever fall on the Dow Jones makes for good headlines, a 4.6% drop is far from a ‘crash’.
Morningstar today downgraded their recommendation for Qantas to a sell. I wholeheartedly agree; for a few reasons.
The 2016 Federal Election is now over but we may not know who won for at least a few days. Regardless of your political persuasion, and whatever the final result, it can only be considered a bad one for Australia.
Before you part with your money, it pays to look into the details; or have someone do it for you. Platinum Asset Management (PTM) is a widely respected fund manager and is listed on the ASX. It has recently been announced that they are starting a Listed Investment Company (LIC) called Platinum Asia Investments. In my…
Lowering portfolio costs is an obvious focus for investors, and ETF’s are becoming an increasingly popular investment vehicle to achieve this. Unfortunately the true cost of ETF’s is often more than most investors are led to believe.
Peter, Frank & Stven Lowy (Picture: James Croucher Source: TheAustralian) It’s common to come across clients who have a strong preference towards property investing over share investing. The aversion to shares is borne from the daily volatility that shares exhibit instead of perhaps a more logical reason to shun shares – questionable corporate governance practices. The current Westfield…
I am sure you have heard of Warren Buffett, who is generally considered to be the most successful living investor. He is CEO, chairman and president of the US listed investment company Berkshire Hathaway; which as of last night had a share price of US$187,750. Due to Buffett’s phenomenal investing success, (over the last…
I receive many, many articles on a daily basis and have become quite accomplished in separating the wheat from the chaff. It is rare to come across an article of the calibre I received today though.
I don’t mind that the additional tax on tobacco will take a packet of cigarettes past $25, after all smoking imposes a cost on society. However the reverse is true when people save their money, which is why taxing bank accounts would have to be one of the more bizarre concepts thought up – placing an…