11 May 2024

Recently trending

Five months on from cancer diagnosis Uncomfortable truths: The real cost of living in retirement Is Australia ready for its population growth over the next decade?The public servants demanding $3m super tax exemption 20 US stocks to buy and hold forever

Ian Kelly, CFP, BTACS Financial Services: "Probably the best source of commentary and information I have seen over the past 20 years."

Jonathan Hoyle, CEO, Stanford Brown: "A fabulous publication. The only must-read weekly publication for the Australian wealth management industry."

Reader: "Is one of very few places an investor can go and not have product rammed down their throat. Love your work!"

Rob Henshaw: "When I open my computer each day it's the first link I click - a really great read."

Reader: "Love it, just keep doing what you are doing. It is the right length too, any longer and it might become a bit overwhelming."

Reader: "Congratulations on a great focussed news source. Australia has a dearth of good quality unbiased financial and wealth management news."

David Goldschmidt, Chartered Accountant: "I find this a really excellent newsletter. The best I get. Keep up the good work!"

Professor Robert Deutsch: "This has got to be the best set of articles on economic and financial matters. Always something worthwhile reading in Firstlinks. Thankyou"

Andrew Buchan, Partner, HLB Mann Judd: "I have told you a thousand times it's the best newsletter."

Steve: "The best that comes into our world each week. This is the only one that is never, ever canned before fully being reviewed by yours truly."

Reader: "Carry on as you are - well done. The average investor/SMSF trustee needs all the help they can get."

Scott Pape, author of The Barefoot Investor: "I'm an avid reader of Cuffelinks. Thanks for the wonderful resource you have here, it really is first class."

Australian Investors Association: "Australia's foremost independent financial newsletter for professionals and self-directed investors."

Don Stammer, leading Australian economist: "Congratulations to all associated. It deserves the good following it has."

John Pearce, Chief Investment Officer, Unisuper: "Out of the (many many) investmentrelated emails I get, Cuffelinks is one that I always open."

Reader: "Keep it up - the independence is refreshing and is demonstrated by the variety of well credentialed commentators."

Eleanor Dartnall, AFA Adviser of the Year, 2014: "Our clients love your newsletter. Your articles are avidly read by advisers and they learn a great deal."

Reader: "It's excellent so please don't pollute the content with boring mainstream financial 'waffle' and adverts for stuff we don't want!"

Reader: "I subscribe to two newsletters. This is my first read of the week. Thank you. Excellent and please keep up the good work!"

Ian Silk, CEO, AustralianSuper: "It has become part of my required reading: quality thinking, and (mercifully) to the point."

Reader: "An island of professionalism in an ocean of shallow self-interest. Well done!"

Reader: "Best innovation I have seen whilst an investor for 25 years. The writers are brilliant. A great publication which I look forward to."

Reader: " Finding a truly independent and interesting read has been magical for me. Please keep it up and don't change!"

John Egan, Egan Associates: "My heartiest congratulations. Your panel of contributors is very impressive and keep your readers fully informed."

Reader: "Great resource. Cuffelinks is STILL the one and only weekly newsletter I regularly read."

Reader: "The BEST in the game because of diversity and not aligned to financial products. Stands above all the noise."

Reader: "I can quickly sort the items that I am interested in, then research them more fully. It is also a regular reminder that I need to do this."

Noel Whittaker, author and financial adviser: "A fabulous weekly newsletter that is packed full of independent financial advice."

Home / 357

Edition: 357

1-11 out of 11 results.

Welcome to Firstlinks Edition 357

13 May 2020

There is a remarkable concentration similarity between the Australian and US stock markets that has delivered poor results for Australians and great results for Americans (and global investors). As the share prices of five Australian banks have tanked, the prices of five US technology companies have surged. Each group now represents 20% of their respective indexes, but the journey has been a disaster for many Australians.

Howard Marks on uncertainty, forecasting and doubt

Graham Hand
13 May 2020
6

Global markets are more uncertain today than at any other time in our lives. Nobody knows the future but we must make decisions about it. A solid dose of intellectual humility is essential.

Capital retention will shake dividends in 2020

Dr. David Walsh
13 May 2020
3

Sixty per cent of the ASX200 total return is due to dividends, and for Financials, it rises to more than 70%. Moves to limit dividends could both reduce investor incomes and affect valuations.

Don't invest just for yield: the smarter way to generate income

Rudi Filapek-Vandyck
13 May 2020
13

Investors often overlook the capital risk in high-yielding stocks. It's better to ensure capital grows and investors can sell a portion each year to make up for the shortfall in income from dividends.

How do you pick the right global stocks during Covid-19?

Garry Laurence
13 May 2020
1

The varying degrees of market performance are due to the mix of sectors and stocks in each index. The best plan of attack is to find quality companies in essential services at favourable prices.

It's like opening your best champagne at 5am

Angus Coote
13 May 2020
1

There are heavy clouds on the horizon in the near and medium term, yet risk markets have separated themselves from the economics. Liquidity will not solve the problems of bankrupt companies.

How retail investors are responding to a bear market

Gemma Dale
13 May 2020
1

The traditional notion that retail investors buy high and sell low has not been supported by activity at this broker, who has seen investors looking for bargains after the Covid-19 sell-off.

Bank reporting season scorecard May 2020

Hugh Dive
13 May 2020
4

Uncertainty was the key theme in recent results, but how did they score on loan provisions, capital resources, margins and most importantly, dividends. There's a lot of guesswork going on in banks.

Lessons in oil ETFs, futures and negative prices

Alistair Mills
13 May 2020
1

Anyone considering investing in oil must understand it is a commodity with supply and demand features, and the relationship between spot and futures markets is critical to how an oil ETF is managed.

Short version of future returns article: dreamin' on

Graham Hand
13 May 2020

A summary of an important message on the vibe of future returns. Super balance calculations default to earnings rates of 7.5%, but that's in the past. Planning needs a more realistic view.

Bigger companies have more females on their boards

Donald Hellyer
11 May 2020
2

Female representation on boards is increasing but still low, and they command fewer positions in small companies. Worse, of the 34 CEOs appointed to boards in the last year, only three were women.

Firstlinks is sponsored by:

Alliances

Site Map

About Firstlinks

Disclaimer
The data, research and opinions provided here are for information purposes; are not an offer to buy or sell a security; and are not warranted to be correct, complete or accurate. Morningstar, its affiliates, and third-party content providers are not responsible for any investment decisions, damages or losses resulting from, or related to, the data and analyses or their use. To the extent any content is general advice, it has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Articles are current as at date of publication.
This website contains information and opinions provided by third parties. Inclusion of this information does not necessarily represent Morningstar’s positions, strategies or opinions and should not be considered an endorsement by Morningstar.

Edition: 357

Firstlinks is sponsored by:

Sponsors

Alliances

Site Map

About Firstlinks

Keep updated