The importance of having a strong Self managed super fund (SMSF)

ASX Education: Do I need an SMSF?

Thanks to compulsory superannuation most people are invested in managed funds. You didn’t really make a choice to invest in managed funds but courtesy of the cozy relationship between employers and fund managers almost all of you tick that little box that says “put my super in your default fund” when you are employed. The…

Read more
Your guide to surviving the results season

Stock Market News: Your Results Season Guide

NINE SECTORS THAT SHOULD HAVE GOOD RESULTS NEXT MONTH (AND FIVE THAT SHOULDN’T) We had a question on the Marcus Today stock discussion group on Facebook asking whether there was anything on the horizon that could upset the recent recovery in Orora (ORA). The most likely thing to upset any stock at the moment is…

Read more
The story of Ithaca

Stock Market Secrets: Ithaca

I wrote this article a few years ago and I reproduce it for my 50th Birthday.  Ithaca is the island in Greece that Odysseus had so much trouble returning to in Homer’s Odyssey. On his way he survives run ins with the Cicones, Polyphemus (Cyclops to you), Circe, the Sirens, Scylla, the winds of Aeolus,…

Read more
Golden Bull of Wall Street

Stock Market News: Gold Bull

In bull markets (remember those) share prices move gradually in a constant reflection of earnings and value and investors enjoy a rather predictable progression in share prices. Investing is based around research and it’s all pretty straightforward. The current market is nothing like that. The current market is not being priced on value or earnings,…

Read more
Buy and Sell Forex Trading

Stock Market Secrets: Forex Trading

YOU TOO CAN BE A FOREX TRADER So the $A goes through parity, in the other direction this time, and again every Tom Dick and Harry is suddenly a currency expert. The same thing happened when it first rose through parity in October 2010. It’s as if the Aussie dollar hitting the big figure miraculously…

Read more
Tulipomania

Marcus Today on Life: Tulipomania

1623, Tulip Mania. A single tulip bulb sells for a thousand Dutch florins, seven times the average annual wage. The average tulip trader makes sixty thousand florins a month. 400 times the annual wage. 40 bulbs sell for 100,000 florins. You could have bought 3,333 pigs for the same price. People were selling possessions to…

Read more

ASX Education: 11.7%pa for 33 years

From 1941 to the low in 1974, the average annual compound return on the All Ordinaries Index for 33 years was 2.9 per cent per annum. Take off inflation of 4 per cent and you were going backwards. And that doesn’t include 1929 to 1941, which would have pulled it even lower. In the next…

Read more