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22 February 2025
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Current sharemarket rhyming with post-1973, 32 years of performance data, thinking irrationally and small v large caps.
Who is the greatest market analyst of all time? Towering above all is Mark Twain with his immortal line: “no occurrence is sole and solitary, but is merely a repetition of a thing which has happened before, and perhaps often ...”
Future returns from different asset classes are always uncertain and subject to contrary forecasts, but there are useful lessons from the past. As Shakespeare wrote in The Tempest, "What is past is prologue."
Each day, we respond to problems quickly, automatically and often gullibly, giving undue attention to details that stand out easily. Critical information is often ignored. The best investors are those who can hear through the noise.
There are reasons why small cap stocks have a history of long term outperformance, although recently, the preference for defensive large cap yields has dominated.
This extract from Harvard Business Review looks at how meaningful work for retirees can help avoid the problems that a rapidly rising dependency ratio will cause. In the US, 10,000 baby boomers turn 60 every day.
While encouraging people to draw down on their accumulated wealth in retirement might be good public policy, several million retirees disagree because they are purposefully conserving that capital. It’s time for a different approach.
This examines the performance of key asset classes and sub-sectors in 2024 and over longer timeframes, and the lessons that can be drawn for constructing an investment portfolio for the next decade.
The CIO of Australia’s fourth largest super fund by assets, John Pearce, suggests the odds favour a flat year for markets, with the possibility of a correction of 10% or more. However, he’ll use any dip as a buying opportunity.
Getting regular, growing income from stocks is tougher with the dividend yield on the ASX nearing 25-year lows. Here are some conventional and not-so-conventional ideas for investors wanting to build a dividend portfolio.
Australians are used to hearing dire warnings that they don't have enough saved for a comfortable retirement. Yet most people need to save a lot less than you might think — as long as they meet an important condition.
It’s well documented that many retirees draw down the minimum amount required and die with much of their super balances untouched. This explores the reasons why and some potential solutions to address the issue.