Search Results for: property
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Key issues for 2015
Roger Montgomery
January 5, 2015
In December I wrote an article for the ASX Investor Update, I thought I would share my thoughts with you as a welcome back to the year ahead.
What you should be watching out for in 2015 and what to expect with property prices, index funds and shares. Continue…
by Roger Montgomery Posted in Companies, Consumer discretionary, Energy / Resources, Financial Services, Insightful Insights, Investing Education.
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Should you ignore the hype?
Scott Shuttleworth
December 19, 2014
TPG Telecom Limited (ASX: TPM) has been sold off sharply over the past few days presumably post the Government’s response to the Vertigan Panel’s review of the National Broadband Network & telecommunications industry which you can find here.
The report contains a lot of material, an analysis of which could extend for several pages, so below we attempt a more concise review of some of the changes and their potential implications for TPG as we currently see them. Continue…
by Scott Shuttleworth Posted in Insightful Insights, Investing Education, Technology & Telecommunications.
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Navigating 2014 – the winners and losers
Ben MacNevin
December 11, 2014
A key requirement to generating long-term returns is minimising losses, or what we like to call avoiding the landmines. As the latest results demonstrate, The Montgomery Fund has done a superb job at navigating the minefield that was 2014.
There was a clear divergence in the sectoral performances of the S&P/ASX 200 in 2014. Let’s first examine the sectors that are trading below the levels from the start of the year. Continue…
by Ben MacNevin Posted in Insightful Insights, Investing Education.
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Key issues for 2015
Roger Montgomery
December 9, 2014
In this newsletter, Roger talks about what you should be watching out for in 2015 and what to expect with property prices, index funds and shares. Read here.
by Roger Montgomery Posted in On the Internet.
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Coca-Cola shows bubbles barely matter for seasoned investor
Roger Montgomery
November 22, 2014
In this column published in The Australian, Roger takes a look at the current Australian property market; in light of population growth, higher interest rates and a slowing China. Read here.
by Roger Montgomery Posted in In the Press.
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What is happening in the retail sector?
Russell Muldoon
November 20, 2014
Asset prices are well-up on just a few years ago. No matter which way you cut the data, both the property and share markets have performed strongly. And so the economic theory goes: that if you feel wealthy, you’ll act wealthy and go out and spend. Exactly what a low interest rate envrionment – the one we are in now – is supposed to encourage.
But unlike past economic cycles, where the wealth effect has translated into the withdrawal of equity to be used on consumption of new furniture or a stereo for example, our listed retailers tell a different picture about the health of the Australian economy.
by Russell Muldoon Posted in Companies, Consumer discretionary, Insightful Insights, Investing Education.
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How to get value from an hour or so of your time
Roger Montgomery
November 20, 2014
Bruce Greenwald is the Robert Heilbrunn Professor of Finance and Asset Management at Columbia University, a dyed-in-the-wool Graham acolyte and the author of a multitude of books and papers on Value Investing including Value Investing From Graham to Buffett and Beyond.
At the 12th annual Post Keynesian Conference held on September 25th this year at the University of Missouri in Kansas City, Greenwald presented ‘Value Investing and the Mis-measures of Modern Portfolio Theory‘ as the plenary talk.
Instead of spending thousands of dollars learning how to become a “Property Millionaire” overnight, spend an hour or so with Bruce for free. The risk reward payoff is much more attractive.
by Roger Montgomery Posted in Insightful Insights, Investing Education, Value.able.
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Property; be careful! Equities; get ready!
Roger Montgomery
November 17, 2014
It doesn’t seem that long ago, but the Global Financial Crisis-inspired rout in the stock market began in late 2007 and even though it bottomed in March of 2009, the symptoms that triggered the collapse, are even worse today.
But before you go jumping at shadows keep in mind that while interest rates remain low, the status quo is very likely to be maintained. Indeed low or lower rates could trigger an equity bubble before any correction is experienced. Continue…
by Roger Montgomery Posted in Economics, Insightful Insights, Investing Education, Property, Value.able.
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Investors take out more than half of all new mortgages
Roger Montgomery
November 11, 2014
In this interview with Ticky Fullerton, Roger Montgomery takes a look the Australian housing market. He disucsses the possibility of rising interest rates and a flattening of property prices for an extended period of time. Watch here.
by Roger Montgomery Posted in TV Appearances.
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Bubble Watch #17 – The Red pill or the Blue pill?
Roger Montgomery
November 5, 2014
Some times you just wake up with a clear view of our current condition. I think my friend Chris Joye, a columnist for the The Australian Financial Review and a director at YBR Funds Management, might be feeling a little like Neo did in the movie The Matrix, when he woke up to see reality for the first time.
In his article today, Why Capitalism Is Not Doing Its Job, Chris makes the observation:
“There is absolutely a role for governments to vouchsafe a minimum level of liquidity when markets temporarily shut tight in crises. I argued this in March 2008 apropos the securitisation market, which the government ended up (very) profitably supporting with $15 billion. Continue…
by Roger Montgomery Posted in Financial Services, Insightful Insights, Value.able.
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Chinese property prices: it ain’t Sydney or Melbourne
Roger Montgomery
October 31, 2014
Hot on the heels of data showing GDP in China is growing at its slowest rates since the GFC, the Chinese property industry displayed signs of continuing deceleration. Housing sales have declined 10.8 per cent by value from a year earlier in the first nine months of 2014, and average city home prices declined 1.3 per cent in September – the first fall in nearly two years. Continue…
by Roger Montgomery Posted in Insightful Insights, Property.
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There’s price and then there’s value
Roger Montgomery
October 29, 2014
In this column published in the Herald Sun, Roger takes a look at property and the current market prices. Apartments are selling for more per square meter than the securely tenanted commercial building. Read here.
by Roger Montgomery Posted in In the Press.
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If you can’t beat ’em… join ’em
Scott Shuttleworth
October 17, 2014
The Hong Kong business of REA Group Limited’s (ASX: REA) Realestate.com has been one of a few dull spots on an otherwise bright canvas for quite some time. Through a well-executed move, they seem to have changed their prospects in the country. Continue…
by Scott Shuttleworth Posted in Companies, Insightful Insights.
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Bubble watch #13 – get ready
Roger Montgomery
September 18, 2014
In recent months, the number of very successful investors doing ‘it’ themselves has surged.
So here’s a question:
Do you think the number of very successful investors will continue to surge when the market falls? Continue…
by Roger Montgomery Posted in Insightful Insights, Investing Education, Value.able.
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House prices to crash? Ask your barber!
Roger Montgomery
September 2, 2014
Writing for Finsia’s InFinance daily report, Robin Christie has quoted the Big Four banks’ head economists speaking at the AB+F Breakfast with the Economists event in Sydney late last week. Continue…
by Roger Montgomery Posted in Economics, Financial Services, Insightful Insights.
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Bubble watch #12 – we’re getting closer
Roger Montgomery
August 27, 2014
Journos are calling it a melt-up; economists are calling it a bubble. Here at Montgomery we’ve been writing since November last year that investors could expect rising asset prices (read: stocks and property) thanks to a regime shift at the US Federal Reserve under Janet Yellen. Continue…
by Roger Montgomery Posted in Economics, Insightful Insights.
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Get ready for a stock market boom!
Roger Montgomery
August 15, 2014
I have just completed my latest monthly column for Money magazine, and it got me thinking about why I think there might just be an almighty stock market boom sometime between now and 2016. Continue…
by Roger Montgomery Posted in Economics, Insightful Insights.
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REA Group’s strategic stake in iProperty
David Buckland
August 14, 2014
Following our recent post on REA Group, I thought it worthwhile to observe the patience in which some companies invest their expansion capital. Continue…
by David Buckland Posted in Companies, Insightful Insights, Property.
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Real estate chess: Buckle up!
Roger Montgomery
July 29, 2014
This is intriguing on so many levels. Game theory is being played out live over at REA Group’s realestate.com.au, and we are glued to our screens. Can a business with possession of several competitive advantages, including monopoly power, network effect and the most valuable competitive advantage – the ability to raise prices without a detrimental impact on unit sales volumes – lose its competitive advantage? Continue…
by Roger Montgomery Posted in Property, Technology & Telecommunications.
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Winter Is Coming
Scott Shuttleworth
July 28, 2014
Ray White Group has thrown its weight behind a group of estate agents called Real Estate Digital Marketing Services (REDMS), to negotiate online ad rates, reported the SMH on Thursday. Continue…
by Scott Shuttleworth Posted in Companies, Property.
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