7 November 2026

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It’s time for LICs to die Division 296: the initial moves to make before the windows close The retirement scorecard: how many of these questions can you answer?Testamentary trusts: Treasury has picked the wrong reading Higher yields are creating opportunities in global bonds

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Home / 446

Edition: 446

1-8 out of 8 results.

Welcome to Firstlinks Edition 446 with weekend update

17 February 2022

After all the media exposure on Magellan and Hamish Douglass in recent weeks, Geraldine Doogue asked me to discuss fund managers on ABC's Radio National. I thought the subject was something like, "How do you pick a good fund manager?" In fact, she asked me, "What type of person is attracted to stock picking at this level?", which is different.

How can the worst feature of LICs also be the best?

Graham Hand
16 February 2022
47

Apparently, Listed Investment Companies trading at a discount to NTA are both the best and worst of worlds. They are either exciting opportunities or not in the best interests of investors. Which is right?

House prices: are we heading for oversupply from 2022?

Chris Bedingfield
16 February 2022
5

The biggest risk for investing in residential property is not rising rates but excess supply. Rising prices create a supply response, but since the GFC, there has never been excess supply. Is that about to change?

Howard Marks on selling versus staying invested

Graham Hand
16 February 2022
4

Howard Marks writes a regular letter to his clients, but he realised he had not addressed the selling decision. We hear about people who claim they picked a market top but when do they reinvest to enjoy the upside?

Is there any point in holding cash?

Geoff Warren
16 February 2022
5

Cash is a drag on portfolios when the stockmarket is strong but a welcome bulwark when the market sells off. Moving to cash is justified for the plausible scenario where the value of all other assets falls.

Stocks near their 52-week lows: is it time to reconsider?

Gemma Dale
16 February 2022
1

Some of nabtrade’s most popular stocks are trading substantially off their highs, and investors should consider whether the stories that drove their popularity in the early stages of Covid are still intact.

SMSF returns competitive with big funds at $200,000

Peter Burgess, George Mihaylov
16 February 2022
5

The investment performance of a typical SMSF improves as the fund balance approaches $200,000, after which the fund achieves comparable investment returns with APRA- regulated funds, according to new research.

What real estate agents don't tell you (redux)

Graham Hand
16 February 2022
11

The costs of owning an apartment for short-term rental consume most of the income, leaving uninformed investors blind to actual returns until the statements roll in. The practice of marketing gross yields is misleading.

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Most viewed in recent weeks

It’s time for LICs to die

A high-profile dividend cut and a prominent fund manager’s apology have reignited a long-running debate. If investors can access similar exposures more cheaply and efficiently elsewhere, what exactly is keeping LICs alive?

David Tuckwell
30 September 2026

Division 296: the initial moves to make before the windows close

What if the best superannuation strategy isn't about earning more, but acting before your options disappear? Several overlooked planning windows are narrowing, with consequences that can last for decades.

Liam Shorte
28 October 2026

The retirement scorecard: how many of these questions can you answer?

From the maths of retirement, estimating spending and picking the right asset allocation to survive a poor decade, here are the questions every retiree – current or future – should be able to answer for themselves.

Mark LaMonica CFA
14 October 2026

Testamentary trusts: Treasury has picked the wrong reading

A decades-old estate planning tool has survived one tax crackdown only to be caught by another. The surprise isn't who the reform is targeting, but who could end up paying the price for drafting choices made years ago.

Rachael Rofe
21 October 2026

Higher yields are creating opportunities in global bonds

Bond markets are adjusting to a new reality, but not in the ways investors expect. With markets repricing and capital competing for attention, investors may need to rethink where resilience and opportunity lie.

Eric Souders
7 October 2026

Will investors be better or worse off under new housing tax changes?

Housing tax reforms have sparked warnings of market turmoil and promises of greater fairness. But after modelling nearly two decades of property data, the results suggest winners and losers may not be who many investors expect.

Elyse Dwyer, Nick Garvin
30 September 2026

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