Investing Education
-
Why profit is important, but cash is king
Roger Montgomery
March 29, 2023
Cash flow is the money flowing in and out of a business. It’s what a business needs to fund day-to-day operations and investments, and protect it from financial challenges. And, as we’ve seen with all those ‘profitless prosperity’ companies, it can be the difference between success and failure. So, how do you identify a business that is generating real cash flow, and one that is not? continue…
by Roger Montgomery Posted in Editor's Pick, Investing Education.
-
How to manage risk in your portfolio
Sean Sequeira
March 24, 2023
Most of us tend to be better at buying and holding stocks than we are at selling. After all, buying is the fun part – it’s when optimism is kicking in. But knowing how to sell is just as important when it comes to your returns. Because recycling capital into higher quality stocks with a lower downside risk is how you improve the quality of your portfolio. continue…
by Sean Sequeira Posted in Companies, Editor's Pick, Investing Education.
- save this article
- POSTED IN Companies, Editor's Pick, Investing Education
-
What constitutes a quality business?
David Buckland
March 17, 2023
With the demise of Silicon Valley Bank (SVB) and the effect on Credit Suisse – its share price has declined 90 per cent in five years to CHF1.70 – I thought it appropriate to return to basics and dig a bit deeper into what constitutes a “Quality” business, also known as a “Compounding Machine.” continue…
by David Buckland Posted in Investing Education.
- 2 Comments
- save this article
- POSTED IN Investing Education
-
Let down by bonds? Private debt is worth a look
Roger Montgomery
March 10, 2023
For all the doom and gloom being proffered by various analysts it might surprise you to learn the Australian economy is actually growing. And it grew 2.7 per cent over the last year. Sure, the rate of growth might be slowing, but we’re still growing. continue…
by Roger Montgomery Posted in Investing Education.
- save this article
- POSTED IN Investing Education
-
If you are an income investor, it pays to think long-term
Roger Montgomery
February 22, 2023
The past year has seen a distinct switch in investor focus from growth to yield. The irony, of course, is that many so-called ‘dividend stocks’ can be long-term wealth killers. And that’s why we prefer quality businesses – like CSL – which can grow both their market value, and their dividends, over time. continue…
by Roger Montgomery Posted in Companies, Editor's Pick, Investing Education.
-
The behavioural science of markets
David Buckland
February 16, 2023
In this week’s video insight David delves deeper into the behavioural science of investment markets. The global economic environment, according to the consensus, will deteriorate as 2023 progresses, but with that said risk is not necessarily inherent in an investment; it is always relative to the price paid. continue…
by David Buckland Posted in Investing Education, Video Insights.
-
Has Carsales paid too much to buy Trader Interactive?
Roger Montgomery
February 9, 2023
Since its founding in Melbourne in 1997, carsales.com (ASX: CAR) has grown its footprint to now operate in digital marketplaces across Oceania, Asia and the Americas. This has largely been done via acquisitions. However, I’m scratching my head over its recent acquisition of the US marketplace, Trader Interactive. To my mind, they have simply paid too much. continue…
by Roger Montgomery Posted in Companies, Investing Education.
- save this article
- POSTED IN Companies, Investing Education
-
February 2023 reporting season calendar
David Buckland
January 30, 2023
Australia may have fared better than its international peers, but markets still took a pummelling in 2022. With the scoresheet now posted for last year’s returns it is worth considering what may be in store for investors in 2023. Over the next month Australia’s largest companies will report their half-year financial reports.
continue…by David Buckland Posted in Investing Education.
- save this article
- POSTED IN Investing Education
-
The Aura difference
Dean Curnow
November 10, 2022
Given the considerable volatility of markets this year it is no surprise investors are seeking to derive income from areas not correlated to traditional asset classes, namely equities and bonds. continue…
by Dean Curnow Posted in Aura Group, Investing Education.
- save this article
- POSTED IN Aura Group, Investing Education
-
A framework for making good investment decisions
Roger Montgomery
November 7, 2022
Warren Buffet has famously advised that “To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights or inside information. What’s needed is a sound framework for making decisions and the ability to keep emotions from corroding that framework.” In this article, I’ve provided a basic framework to help you make sound investment decisions. continue…
by Roger Montgomery Posted in Investing Education.
- save this article
- POSTED IN Investing Education