With the S&P 500 and the Australian all Ordinaries Index possibly stalling in the terms of the most recent rally at 2,870 points and 5,550 points respectively, I have received a few telephone calls from investors asking, “has the Wave C down-leg commenced?” Continue…

by David Buckland Posted in Global markets, Market commentary.

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When governments around the world shut down travel in order to contain the spread of COVID-19, Flight Centre Travel Group (ASX:FLT) suddenly found itself on its knees. Its share price plummeted, from $40 to around $9. Now, post a capital raising, the business can breathe easy for a while. But is it a good investment? Continue…

by Joseph Kim Posted in Companies, Editor's Pick.

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What do you see when you check under the hood of a ‘balanced’ portfolio managed by some industry funds?  A very long list of assets with varying tail risks. Read on, and you’ll see that comparing balanced, multi-asset portfolio across industry and retails funds is no easy feat. Continue…

by Dean Curnow Posted in Investing Education.

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by Roger Montgomery's Team Posted in Old Content.

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If you’re holding shares in an Australian bank – particularly National Australia Bank (ASX:NAB), Westpac (ASX:WBC) or Australia and New Zealand Banking Group (ASX:ANZ) – then you’re likely feeling less wealthy than you were back before Coronavirus was a household word. In just two months, the market has priced in the impact of loan losses by the banks and the potential need for dilutive equity raisings. And the worst may not be over. Continue…

by Stuart Jackson Posted in Companies, Financial Services.

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Investing in small cap mining services firms is not for the faint hearted given their exposure to the commodities cycle. But with the sector down around 40 per cent year to date (vs Small Ords down 23 per cent), and most major miners continuing to produce, we see value as attractive for the risk. There are four companies we particularly like.
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by Dominic Rose Posted in Companies, Stocks We Like.

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by Roger Montgomery's Team Posted in Old Content.

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Stuck with one per cent returns on cash balances, investors migrated to equities for their superior yields and hoped-for capital gains. What was forgotten in the mad dash for a better return, was that ‘one per cent is better than minus twenty.’ Continue…

by Roger Montgomery Posted in Whitepapers.

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