Protecting your Purchasing Power
In the very long run, investing successfully has little to do with picking the tops and bottoms of markets or asset prices. It has instead everything to do with maintaining, preserving or enhancing your purchasing power. Investing some of your assets in carefully selected international companies may just be the best way of preserving your purchasing power against the multitude forces of inflation, global disruptors and further potential declines in the Australian dollar.
Provided you are investing for the long run, today may be as good a time as any to consider the merits of investing globally.
Investors who either do not have the time or the inclination to follow the share market so closely, may want to consider outsourcing some of the management of their funds to Montgomery Investment Management.
To learn more about our funds, please click here, or contact David Buckland, on 02 8046 5000 or at dbuckland@montinvest.com.
Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
Dark Days
:
Hey Roger.
I’m very new to the share market and would like to invest in the next few months. I’m reading your book VALUE-ABLE, have read various posts on your site and watched your interviews.
Not sure if this may come across as some what naive but……
I understand your core values of selection for investing in companies / businesses and what to look for. What I’m having difficulty with is actually identifying how well a company uses investment funds to generate earnings on growth or…. how to identify if a business is getting a high rate of return on equity?
I’ve gone over numerous financials in Annual reports, newsletters and other company related collateral. Unless I’m blind or stupid, I’m drawing blanks.
Where do you actually look? How do you find out those things?
P.S. Just wanted to say I really appreciate your down to earth, realistic and honest approach to investing. It’s very refreshing.
Thank you.
Roger Montgomery
:
We tend to not reply when comments are posted under an alias. Regarding your question: “how to identify if a business is getting a high rate of return on equity” just look at the rate being generated. Think about the risk of running and owning a business and the risk of owning a business listed on a stock market and then ask if the rate of return on equity sufficiently compensates for that risk.
Tony C
:
Hi Roger
Thanks can you send me a application form when they become available
please
Roger Montgomery
:
Will do Tony
Tony C
:
Hi Roger
When will the new Montaka Global Access Fund be available
I am assuming it will be a long shot retail fund and just what i need to complement other investments
Roger Montgomery
:
Stay tuned. The Montaka Global Access fund is on its way and will offer retail access to the Montaka strategy!