The cliche No time like the present is overused. You hear it in the context of buying a house too. What is missing and not looked at is the why starting earlier in the context of investing makes a difference and how it allows you to grow more wealth. Reason…
The market this week stayed true to its Australian roots, being Kangaroo-like. Only difference from last week is bouncing around the 6,100 points compared to 6,000 as it has been previously. Signs of recovery? Too early to tell. For our portfolio, it has been an absolute rollercoaster with momentum swings…
After ending July under 5900, the market started off August still cautious on Monday (3rd August) before following the US markets and rallying back over 6000 by lunchtime on Tuesday (4th August). The rising cases in Victoria and stage 4 metro lockdown seemed to have little effect if anything on…
The global lockdown and economic halt due to COVID19 has had a positive impact on the environment. Daily emissions of carbon dioxide levels in comparison to 2019 levels dropped by 17% in April this year. We start August with many countries around the world still in some form of lockdown…
One of the most commonly asked questions is how do taxes work with stock market investing in Australia. It can be hard for people to understand, and the documentation found online is often complex. We break it down for you in this article. Investments are taxed by the Australian Taxation…
After a slow Monday (20th July), the market burst upwards hitting a high of 6,150 points. This was off the back of a similar run in the US market. We’ve moved 1 company from our watchlist into the folio. Purchase entry detailed below. We bought a parcel in 1 other…
There is a growing apathy in the share market. The ASX 200 (Average weighted index of the top 200 Australian companies listed on the ASX), is struggling to make any meaningful breakthrough the 6000 points psychological barrier. Crash or correction? What is the difference? Technically the definition is a downward…
A slow, flattish week overall. The market is treating the 6000 mark like a magnet. We’ve taken the opportunity to buy more shares in companies we already have positions in to bring our average purchase price down. We talk more about this strategy in our member only article: The secret…
People generally use the phrases Bull market and Bear market for the upwards and downwards trends. We recently saw the current market trend referred to as the Kangaroo market. 6000 points seems to be a key zone as the market bounces around in it. We’re quite happy with the companies…