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Edition: 542

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Welcome to Firstlinks Edition 542 with weekend update

  • 11 January 2024
  • 6

Investors desperately try to beat the market when it’s time in the market that really matters. In fact, with enough time, anyone can become rich enough that they won’t know what to do with all the money that they have.

Howard Marks on the best opportunities in 2024

In his latest memo, Marks outlines how today’s markets are dramatically different from those of the past 40 years, that equity valuations are mildly expensive, and the most compelling opportunities for investors.

The big questions facing retirees

Retirees are facing financial challenges including dealing with inflation, handling volatile markets, and getting appropriate advice. Building a retirement plan that can withstand these challenges is key for 2024 and beyond.

The tech sector is in vogue, but look elsewhere for value

Every economic cycle has its distinct characteristics where different sectors take up leadership. US tech has led markets higher since 2014, yet that looks stretched now, and other sectors like energy are set to outperform.

Let's ditch the idea of retirement

Retiring at the age of 67 is nice in theory yet outmoded. Increasing life expectancy and technological changes mean we should discard the old idea of retirement, work longer, and create a life that fits individual needs.

Meg on SMSFs: Why a trust deed is still important

Even though SMSF trust deeds are often generic nowadays and almost always easy to change, they’re still vital. They’re definitely not all the same so it’s important that SMSF trustees know what they’ve got.

Opportunities in retail property

While most property segments had a tough 2023,  retail was comparatively resilient. The prospects for large retail assets catering to the likes of furniture and appliance stores look especially attractive for this year.

Podcast: ASX value plays and investing alongside wealthy families

Peter Warnes on 2024 ASX opportunities, East 72's Andrew Brown on why he likes owners with 'skin in the game', including Manchester United, and VanEck's Jamie Hannah explains the increasing popularity of smart beta.

Most viewed in recent weeks

Building a lazy ETF portfolio in 2026

What are the best ways to build a simple portfolio from scratch? I’ve addressed this issue before but think it’s worth revisiting given markets and the world have since changed, throwing up new challenges and things to consider.

Australian stocks will crush housing over the next decade, 2025 edition

Two years ago, I wrote an article suggesting that the odds favoured ASX shares easily outperforming residential property over the next decade. Here’s an update on where things stand today.

Get set for a bumpy 2026

At this time last year, I forecast that 2025 would likely be a positive year given strong economic prospects and disinflation. The outlook for this year is less clear cut and here is what investors should do.

Meg on SMSFs: First glimpse of revised Division 296 tax

Treasury has released draft legislation for a new version of the controversial $3 million super tax. It's a significant improvement on the original proposal but there are some stings in the tail.

Ray Dalio on 2025’s real story, Trump, and what’s next

The renowned investor says 2025’s real story wasn’t AI or US stocks but the shift away from American assets and a collapse in the value of money. And he outlines how to best position portfolios for what’s ahead.

Property versus shares - a practical guide for investors

I’ve been comparing property and shares for decades and while both have their place, the differences are stark. When tax, costs, and liquidity are weighed, property looks less compelling than its reputation suggests.

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