What is the Average Return of the ASX?

So what is the truth? What is the average return from the stock market? Fourteen per cent, nine per cent, or something else? I have done the calculation for you. If we use the All Ordinaries Total Return index (it used to be called the Accumulation Index) which includes all cash dividends reinvested on the…

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don t short the blue wave

Don’t be short

DEMOCRATIC SWEEP A bit ho-hum today but a major market theme is developing. The Blue Wave chatter has morphed into a new phrase in the newswires – “Democratic Sweep”. This is an image from a US article titled “Wall Street prepares for the blue wave Democratic sweep“. The Bull market is getting ready to emerge.…

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The Problem with ETFs

An important bit of ETF education. Here is an extract from an article by James Kirby in The Australian about the risks of some exchange traded funds. The article highlights one of the major risks of ETFs: “A coalition of the world’s biggest fund managers is pressing for consumer protection reforms in the booming Exchange…

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ASX200 end of September

ASX 200 Ends the Month in Uninspiring Fashion

WEDNESDAY MID WEEK CATCH UP, 30th September 2020 The ASX 200 (ASX: XJO) has ended the month in uninspiring fashion as it oscillated between small gains and losses on Monday to close down 13 points. The banks slid back on some profit-taking after big moves last week on news lending restrictions would be eased.    Tuesday saw a similar pattern evolve; the market closed flat after early optimism evaporated. Another quiet day of indecision…  Wednesday saw the market down 64…

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