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Home / Author: Graham Hand

Graham Hand

The returns to expect from gearing into shares

How well must the market perform for a geared portfolio to deliver better returns than a normal, ungeared portfolio? Or put another way, if the market index rises or falls 10%, how much will a geared strategy change in value?

Forecasts - who should you believe?

* The AFR monitors 11 investment bank forecasts for the S&P/ASX200 (currently 5069) at the end of the year. The range is 4000 to 5200.

Warren Buffett's annual letter

* Warren Buffett's annual report to Berkshire Hathaway shareholders was released last week. Here's a link, always worth reading.

ASX100 changes a sign of the times

* Changes in ASX100 show how long term trends benefit or harm companies. Publishers Fairfax and PMP out, online REA and Trade Me in.

Groupon CEO farewell email to staff

* The full text of dismissed Groupon CEO's final email to staff, with main message: "Have the courage to start with the customer."

Latest Updates

Taxation

3 ways to defuse intergenerational anger

With the upcoming budget increasingly likely to include bold proposals to alter the tax code I’ve outlined three incremental steps with fewer unintended consequences.

Economy

Why an extended US-Iran war will punish mortgage holders

The impact of the Iran War is far more than expensive petrol. Higher oil prices have secondary inflationary impacts that reverberate throughout the economy which could be bad news for Australians with mortgages.

Infrastructure

Don’t forget the yield

Global Listed Infrastructure dividends are forecast to grow 5-6% p.a over the next two years. After a hiatus, share buybacks are back on the agenda and will play an integral role in shareholder returns.

Iran war hands politicians free ticket to blame oil prices for inflation

Past oil shocks offer lessons for investors dealing with the fallout from the Iran War and the ongoing impact on inflation.

Economy

Japan 2026: A new PM heralds a new golden age?

Former Australian Prime Minister, Paul Keating, once said "When you change the government, you change the country." We're about to see whether that holds true in Japan.

Investment strategies

Why are central banks moving from US Treasuries to gold?

Central banks now hold more gold reserves than US Treasuries, signalling a shift in safe-haven asset strategy and portfolio diversification as geopolitical risks increase.

Strategy

Has global human wellbeing peaked? What the data reveals

Historically economic progress is measured by GDP growth but there is an increasing body of work that explores quantitative measures of wellbeing.

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