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Edition: 115

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Edition 115, 26 Jun 2015

  • 26 June 2015

How bond rates affect share prices, China's property market, rationalising sequence risk, treading carefully with IPOs, advantages of convertible bonds, investing in public ancillary funds before 30 June.

Putting sequence risk in its place

The fear of sequence risk drives investors to take equity and risky asset exposures out of their retirement portfolios, but is this such a good idea? Looking back over the last 40 years provides some perspective.

Rising bond rates should be good for shares

It is widely believed that rising bond yields should be bad for share prices. But is this true in real life? The relationship between government bond yields and the price of shares is more complex than it first seems.

Why China’s property market matters

A credit-fuelled property bubble enabled China to maintain its incredible run of growth through the GFC. But now it has to deal with the implications of a massive excess supply of property, as millions of homes lie vacant.

Beware of investment bankers bearing gifts

Investors face a barrage of glowing research from investment banks trumpeting the blue sky potential of new companies seeking to be listed on the ASX. It’s crucial to ignore the spin and focus on the business itself.

The growing case for convertible bonds

Convertible bonds are an asset class that benefits from a range of characteristics that can be of value to investors. Over the long-term, they can deliver equity-like returns with significantly less volatility than equities.

Last minute tax deductions in a public ancillary fund

Although the end of the financial year is near, there is still time to establish a tax deduction in a sub-fund within a public ancillary fund – a simple philanthropic structure that allows a planned approach to charitable giving.

Bill Gates interview: how the world will change over the next 15 years.

Bill Gates interview: how the world will change over the next 15 years.

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Meg on SMSFs: Clearing up confusion on the $3 million super tax

There seems to be more confusion than clarity about the mechanics of how the new $3 million super tax is supposed to work. Here is an attempt to answer some of the questions from my previous work on the issue. 

The secrets of Australia’s Berkshire Hathaway

Washington H. Soul Pattinson is an ASX top 50 stock with one of the best investment track records this country has seen. Yet, most Australians haven’t heard of it, and the company seems to prefer it that way.

How long will you live?

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Australian housing is twice as expensive as the US

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Welcome to Firstlinks Edition 566 with weekend update

Here are 10 rules for staying happy and sharp as we age, including socialise a lot, never retire, learn a demanding skill, practice gratitude, play video games (specific ones), and be sure to reminisce.

  • 27 June 2024

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