Listed Investment Companies, known as LICs, are effectively a managed fund with the main difference being that they are traded on the ASX like a share instead of being unlisted and traded through the fund manager’s administration system. So for one trade, on the ASX, through an LIC, you can buy a portfolio of shares…
Marcus has updated this article for 2020 with the new average return numbers. You can find the updated article HERE We had a question on the Marcus Today Stock Discussion Group on Facebook asking: “Silly question but Marcus mentioned the average market return is about 9%, I assume that is capital growth and dividends included?”…
In response to a question in the Marcus Today Stock Discussion Group we worked out that over the last forty years the average total compound return from the All Ordinaries index per annum including dividends reinvested but not including franking over the last: 40 years was 11.18%. 30 years was 9.48%. 20 years was 8.66%.…
The S&P 500 has recently ticked a couple of sell signals on RSI and MACD (highlighted below). Despite that, fear or volatility is benign – here is the VIX (volatility) index that is used as a barometer of fear and greed – it is not predictive but does highlight when the market is “comfortable” (now)…
Having spent sixteen years in the UK and four years in Australia sitting on the institutional desks of some major brokers, particularly in the UK, one thing becomes apparent, that share prices don’t go up and down because of the fundamental reasons that commentators and the media obsess over in hindsight, they go up and…
I was studying the latest edition of Marcus Today whilst on holiday when my son asked what I was reading. Then came the question, “why do you bother?” Why not invest in some EFTs or in a managed fund and save yourself a lot of time and worry? I’ve been asked that question before and…
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…
