I like having an occasional tipple on individual shares, but the bulk of my portfolio is in ETFs. Turns out this is a fairly common method of investing known as the core-satellite approach it s even got its own Wikipedia page. But I might be getting ahead of myself a little. For those that don t [ ]
2020 has been a pretty bad year for Australian exports to China. The most recent tariffs on wine follow similar sanctions on barley, beef and lamb, cotton, timber, coal, and even lobsters The ABC has a full rundown. Officially, none of this is politically motivated China would be in breach of WTO rules if [ ]
Turns out there s about 3.1 trillion dollars collectively sitting in our super funds at the moment that s an average of $124,000 for each man, woman, and child in Australia. Of course, this money isn t evenly distributed the median is closer to $65,000 for males and $45,000 for females, though this increases to $183,000 [ ]
Australia is rich. Like, really, really, rich. Despite being only the 55th largest nation in terms of population, we re the 13th largest in terms of total economic output, and the 10th largest on an income per capita basis (based on 2020 IMF data source). This probably doesn t come as a shock. Despite having an [ ]
I wasn t really paying attention, so maybe I m the only one that hadn t noticed, but Tesla s market cap as of December 9th 2020 is a touch over 616 billion US dollars. That makes it kind of a big deal. In fact, it accounts for a full third of the global automaker market cap: Just for [ ]
If you talk to anyone under the age of, say, 50, I don’t think you’d get much of an argument that Australian house prices are completely out of control, and that Gen X’ers, millennials, and zoomers (the poor bastards) have gotten a pretty raw deal when it comes to home ownership. Many boomers, at least [ ]
Believe it or not, the humble ASX is actually pretty damn big as of December 4th, it has a market cap of $2,466,617,359,800. If you find that number to be a little difficult to parse, try writing it in text: two-trillion-four-hundred-and-sixty-six-billion-six-hundred-and-seventeen-million-three-hundred-and-fifty-nine-thousand-eight-hundred-dollars. Below is a bubble chart showing all 2193…