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Edition: 405

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Welcome to Firstlinks Edition 405, with weekend update

  • 29 April 2021
  • 1

Includes weekend market update and Morningstar highlights. According to music scholars, Beethoven became more original and brilliant as his hearing deteriorated late in his life. He could not hear the music of either himself or others, and so became less influenced by the external 'noise'. The clarity and creativity of his music formed inside his head. Good investing is similar.

Five timeless lessons from a life in investing

40 years of investing is distilled into five crucial lessons. An overall theme is to embrace uncertainty to make an impact on how much you earn, how much you spend, how much you save and how much risk you take.

Four fruitful themes show plenty of juice in the market

There are many reasons why 2021 has the potential to be a great year for equities. What are the themes and opportunities most likely to deliver, and how much is inflation a threat?

The economy, bond yields and real estate: where to from here?

The gap between property yields and bond yields is known as the ‘risk premium’, the excess yield from investment in commercial property. The high yield spread signals limited downside to commercial property values.

Dump the short-term churn for better long-term performance

Even the best long-term performing fund managers have shorter-term periods of underperformance. It’s not a failure, it’s a feature of the industry. Investors need patience when backing a good track record.

Super League fascination overlooks the main game in town

The proposed European Super League received enormous media coverage, while the A-League sits in the margins. The most successful club, Sydney FC, has played wonderful football for years, but struggles for fans.

It's not all about interest rates: give me a 1980s petshop galah!

The refusal of both sides of politics not only to adopt ‘microeconomic reform’ but in some cases reverse reforms, looms as a bigger driver of unemployment than any failure to fine-tune macro or monetary policy.

10 quick points on Bitcoin, the wannabe that grew up

Bitcoin is at a tipping point. We could be at the start of massive transformation of cryptocurrency into the mainstream. Here are 10 observations on whether Bitcoin is a vital part on our financial futures.

Most viewed in recent weeks

An important Foxtel announcement...

News Corp's plans to sell Foxtel are surprising in that streaming assets Kayo, Binge and Hubbl look likely to go with it. This and recent events in the US show the bind that legacy TV businesses find themselves in.

Welcome to Firstlinks Edition 581 with weekend update

A recent industry event made me realise that a 30 year old investing trend could still have serious legs. Could it eventually pose a threat to two of Australia's biggest companies?

  • 10 October 2024

The nuts and bolts of family trusts

There are well over 800,000 family trusts in Australia, controlling more than $3 trillion of assets. Here's a guide on whether a family trust may have a place in your individual investment strategy.

Preserving wealth through generations is hard

How have so many wealthy families through history managed to squander their fortunes? This looks at the lessons from these families and offers several solutions to making and keeping money over the long-term.

The quirks of retirement planning with an age gap

A big age gap can make it harder to find a solution that works for both partners – financially and otherwise. Having a frank conversation about the future, and having it as early as possible, is essential.

Welcome to Firstlinks Edition 578 with weekend update

The number of high-net-worth individuals in Australia has increased by almost 9% over the past year, and they now own $3.3 trillion in investable assets. A new report reveals how the wealthy are investing their money.

  • 19 September 2024

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