“DAD, WHAT IS THE BEST INVESTMENT IN THE WHOLE WORLD?” I have four kids. Three of them are now driving, which means that in the last five years we have gone from a ratio of two taxi drivers being taken for granted by four passengers to five taxi drivers and one passenger. While that has…
I have four kids. Three of them are now driving, which means that in the last five years we have gone from a ratio of two taxi drivers being taken for granted by four passengers to five taxi drivers and one passenger. While that has been a huge burden off our taxi driving duties, it…
WHAT IS SHORTING? Each week ASIC publishes a list of stocks that have been “Sold short”. In basic terms it means stocks that have been sold by people who don’t own them. It is not that easy to genuinely short a stock. You can do something similar through CFD accounts, but we wouldn’t recommend you…
We are into June, and it’s time for financial advisers and accountants to start talking to clients about tax loss selling in stocks, something that we should probably all think about in May rather than June, but whatever. It works like this. Assuming you pay Capital Gains Tax, many of you don’t, on June 30th…
When a market goes up, almost every investment approach will work, and people like me can safely sell almost any old theory on how to make money in the stock market without being wrong. When the market goes up, there is room for all, for both value investors to set and forget and technical traders…
Stock Discussion Group – Join Now! Having had something like four hundred people come through our education classes, one thing is clear, Marcus Today Members, investors, when they actually come face to face, love a chat. Watching you come alive in person has made it an obvious progression of the newsletter to connect you as…
There was a MACD sell signal on the ASX 200 this morning. We have discussed cashing up a bit in the portfolios this morning but decided that this is hardly a Collins Class moment (when Wall Street falls 3% in a night), it is simply a regular short-term loss of the recent very strong upside…
After I first wrote this article in 2009 and published it in The Age on Saturday, the stockbroker I worked for at the time insisted that I include a disclaimer at the bottom of all my articles from then on saying “The opinions in this article are those of Marcus Padley and do not represent…
INEFFICIENT MARKET HYPOTHESIS You may have heard of ‘EMH’, the ‘efficient market hypothesis’. Anyone who’s read the introduction to any text book on financial theory can tell you all about it. EMH basically says that you can’t beat average returns because the markets are at all times “informationally efficient”, that is to say all prices…
