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Edition: 434

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Welcome to Firstlinks Edition 434 with weekend update

  • 18 November 2021

Is this time different? Every week, we face new challenges to our understanding of how investing works. A Bitcoin is worth about US$60,000 versus $1 only 10 years ago. Rivian makes no revenues and manufactures few vehicles and it's now the second-most valuable car maker in the world. Fill in our 'Living Years' survey and pass on the lessons.

The Living Years Survey: Is this time different?

Many of our readers possess decades of investment experience. Let's share your lessons with those starting out, or is this time different, and your Living Years have left you 'prisoner to what you hold dear'?

Why starting points matter

There have been few times in the past 140 years when investors were willing to pay for more than 30 years’ worth of earnings, yet here we are around 40. This starting point does not augur well for future returns.

10 key investment themes for 2022

The end of the year is approaching fast, when investors consider rebalancing their portfolios. What are the big themes in a market facing the threat of inflation and rising rates for the first time in many years?

Which companies have the pricing power to fight inflation?

Company pricing power will be a crucial competitive advantage in the year ahead. There are signs that inflation could linger, but some companies and industries have the ability to grow their margins.

Tips when taking large withdrawals from super

You want to take a lump sum from your super, but what's the best way? Should it come from you or your spouse, or the pension or accumulation account. There is a welcome flexibility to select the best outcome.

Australia’s major banks go from turnaround to transformation

The major banks played a significant role in supporting Australia’s recovery in 2020, then benefited from the improved economy in 2021. But in 2022, they will need to deliver on their transformation programmes.

Is China’s regulatory reform stifling ‘animal spirits’?

Regulatory tightening has wiped US$1 trillion off China’s stockmarket over the past year, but this is not representative of the whole private sector. It is catching up with global practices of supervision of tech.

Most viewed in recent weeks

Pros and cons of Labor's home batteries scheme

Labor has announced a $2.3 billion Cheaper Home Batteries Program, aimed at slashing the cost of home batteries. The goal is to turbocharge battery uptake, though practical difficulties may prevent that happening.

Howard Marks: the investing game has changed

The famed investor says the rapid switch from globalisation to trade wars is the biggest upheaval in the investing environment since World War Two. And a new world requires a different investment approach.

Welcome to Firstlinks Edition 606 with weekend update

The boss of Australia’s fourth largest super fund by assets, UniSuper’s John Pearce, says Trump has declared an economic war and he’ll be reducing his US stock exposure over time. Should you follow suit?

  • 10 April 2025

4 ways to take advantage of the market turmoil

Every crisis throws up opportunities. Here are ideas to capitalise on this one, including ‘overbalancing’ your portfolio in stocks, buying heavily discounted LICs, and cherry picking bombed out sectors like oil and gas.

An enlightened dividend path

While many chase high yields, true investment power lies in companies that steadily grow dividends. This strategy, rooted in patience and discipline, quietly compounds wealth and anchors investors through market turbulence.

Tariffs are a smokescreen to Trump's real endgame

Behind market volatility and tariff threats lies a deeper strategy. Trump’s real goal isn’t trade reform but managing America's massive debts, preserving bond market confidence, and preparing for potential QE.

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