ASX Education: Listed Investment Companies

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…

ASX Education: What Is The Average Return?

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?” (By the way there are no silly questions – we welcome all questions in the stock discussion group) When I…

Stock Market news: Fear And Greed

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)…

ASX Stock Market Advice: Which Bank

With the major banks accounting for 25% of the ASX 200 you can argue that they also account of 25% of total brokerage available to brokers. Trading banks is an essential part of broking, persuading people to buy and sell banks is a foundation activity for commission generation. Is it any surprise then that the…

ASX Education: Property or Shares

  THE DIFFERENCE BETWEEN EQUITIES AND PROPERTY I cannot tell you how many times I have read that you double your money in Australian property investment every ten years. It is the core assumption in all property marketing it seems. Of course to make any money out of that implied 7 per cent return per…

ASX Education: Full Service Brokers

When I started broking in 1982 there were no personal computers let alone email or online broking. Everyone used full service broking because they had to. Now you don’t have to but the industry still exists and if you talk to most people about full service brokers they will immediately launch into the terrible experiences…