With thanks to CommSec, let’s run through the ripple effect of this week’s Federal Budget 2023 on your share investments. Budget Measure: $14.6 billion cost-of-living relief package. Could boost consumer spending on electronics, clothing and groceries. The measures include welfare payments for the unemployed and single parents ($1.9 billion); one-off energy bill discounts ($3 billion);… Read more »
Compared to the rest of the market, the big four bank shares don’t perform well. A common theme among the experts I talk to on my share investment program The Call is their frustration in talking with clients who seem to marry their big four bank shares… they just won’t even talk about selling them.… Read more »
I read about an interesting sharemarket strategy during the week which got me wondering whether it could apply to the Australian market – it’s called The Dogs of the Dow. The Dow Jones Industrial Average, known as the Dow, is a US stockmarket index made of 30 large US blue chip companies which are well-established… Read more »
CommSec have found the standout stocks of the past decade and there’s one particular company that’s been a real winner. A couple of weeks ago I showed the best performing listed shares for 2023… and the duds of the year. Overall, the winners were resource stocks (coal miners in particular) and the duds were tech… Read more »
Building a long term share portfolio is a lot like coaching an AFL footy team. Stock selection is all about the right companies, playing the right roles and in the right positions. A lot of people have trouble knowing how to build a strong portfolio of shares and I often explain it using the AFL… Read more »
I did warn over the last few weeks that many of the sharemarket experts were stashing away cash to take advantage of another sharp correction down. It came with a bang this week… the biggest one day percentage drop on Wall St since 2020. Why? Inflation. It’s driving global financial markets because inflation determines interest… Read more »
Index investing a considered a lower cost way to diversify your portfolio, but it’s worth noting that these kinds of funds can also have an impact on your other share investments. Many big superannuation and investment fund managers follow strict investing criteria, which is often based around investing in stocks within a certain stock market… Read more »
The manic profit reporting season of our listed sharemarket companies finished this week. Every day we were bombarded with so many results it’s hard to keep track. So now it’s over, what were the big-picture themes? Investment news site FNArena monitored the proportion of companies that had beaten or missed consensus forecasts with their earnings… Read more »
You know it’s tax time when the Australian Tax Office releases its annual ATO hit list of the areas they are targeting for special attention. This year the ATO hit list is focused on: record-keeping; work-related expenses; rental property income and deductions; and capital gains from crypto assets, property, and shares. “The ATO is targeting… Read more »
CommSec research outlining potential sharemarket winners from the Federal Budget 2022 is certainly food for thought. The sharemarket analysts I talk to say they take notice of what’s in the Federal Budget, but it’s only one of a number of considerations behind a decision to invest. Often a budget announcement can be just a short-term… Read more »
