‘Investing’ Category

Australian home prices and interest rates

Australian home prices and interest rates

Where are we headed?

The interplay between falling interest rates, the Australian dollar and housing demand is a complex one. While the RBA would dearly love to see our dollar fall, rising house prices, particularly in Sydney and Melbourne, isn’t part of the script. So what happens if, as widely expected, interest rates are cut again in the coming months? Another interesting read from AMP’s Dr Shane Oliver.Read more here

Rick Maggi
Westmount Financial
Clear Focus. Better Solutions.

What is risk in investing?

What is risk in investing?

Comments from Dr Shane Oliver…

An interesting, common sense article about investment risk from AMP’s Dr Shane Oliver. An easy read. Click here

Rick Maggi
Westmount Financial
Clear Focus. Better Solutions.

$20 oil could be a reality

$20 oil could be a reality

…if this happens…

Watch video here

Rick Maggi
Westmount Financial
Clear Focus. Better Solutions.

Cast in iron?

Cast in iron?

Protecting your portfolio against investment ‘fashion’

Dimensional VP, Jim Parker, discusses the pitfalls of building investment strategies around “hot” sector stories. Read more here

Rick Maggi
Westmount Financial
Clear Focus. Better Solutions.

China: Boom or Bust?

China: Boom or Bust?

…or something in between?

China’s lack of transparency often sends the wrong signals to the rest of the world. We all know that China’s economy has slowed, but is it heading towards a bust, or is this yet another false alarm? Read more here

Rick Maggi
Westmount Financial
Clear Focus. Better Solutions.

Reasons to be optimistic on Eurozone equities

Reasons to be optimistic on Eurozone equities

Not so bad…

Often written off as a ‘basket case’ region, Europe, particularly European shares have some serious growth potential. Does your super fund have exposure to Europe? Read more here

Rick Maggi
Westmount Financial
Clear Focus. Better Solutions.

Australian economy still in the doldrums…

Australian economy still in the doldrums…

More help needed…

Through 2013-14 it seemed the Australian economy was starting to transition away from a reliance on mining investment to more broad based growth. Unfortunately this transition has wavered a bit recently and growth has remained below trend. Fortunately, the RBA has recognised the problem and resumed cutting interest rates. This note looks at the outlook for growth and rates and what it means for profits and investors. Read more here

Rick Maggi
Westmount Financial
Clear View. Better Focus.

Shares surge to new highs

Shares surge to new highs

Planets aligned…

The share market rallied to a six-year high today due to a positive cocktail of factors, including Rio Tinto’s massive shareholder returns, rising oil prices, decent company earnings, the potential for more interest rate cuts, and optimism over Greece and the Ukraine.

The market’s strongest one day gain in six weeks sent the All Ordinaries and S&P/ASX200 indices to their highest levels since mid-2008.

At the close today, the benchmark S&P/ASX200 index was up 133.9 points, or 2.33%, to 5877.5. The broader All Ordinaries index was up 127.8 points, or 2.24%, to 5835.5.

Interestingly, the big miners led the gains, with BHP up 4.8% to $32.17 and Rio Tinto up 6.5% to $63.79 after announcing a $US2 billion share buyback, while RBA governor Glenn Steven’s comments today that more than one further rate cut may be needed if unemployment continues to rise lifted the banks and Telstra as the desperate search for yield continues.

Rick Maggi
Westmount Financial