The hardest thing for an investor was trying to find value. Now, things are obviously very different. Stocks look much better value now than they did a month ago, but the backdrop has clearly changed.…
That rates could even go negative was, up until the last few years, not even remotely in anyone’s head. That someone would pay you interest when you borrow money just seems…well, unreal.
Markets always look to the future. Whatever the eventual impact from coronavirus will be, that time is just too far away for the markets.
The higher interest rates are, the less valuable a future cash flow will be. In other words, the higher rates are, the more interest income an investor is forfeiting by handing their money over to…
In my three decades in the markets, I have learned many things. I’m sure I’ve forgotten more than I have remembered. But the overarching thing that has always stuck with me is that word…humility.
With interest rates at 0.75% in Australia (and negative in plenty of other countries), and an inflation rate of 1.8%, investors know that if they stay in cash, the value of their holding will continually…
For income investors, these mega-REITs (and others) have been a reliable source of income, with yields often multiple times higher than those available from term deposits. To cut REITs completely out of your holdings however…
One thing you can be sure of — as sure as you can be, that is, with the markets — is whatever fate awaits CBA’s numbers, you can expect that to be similar, if not…
Come this reporting season, keep an eye out for companies conducting share buybacks. Ask yourself if you were a new investor, would you be buying around these price levels.
There are only two reasons you would swim against the tide of prevailing wisdom. You are so convinced you are right — and that everybody else is wrong — that you are prepared to open…