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Edition: 545

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Welcome to Firstlinks Edition 545 with weekend update

  • 1 February 2024
  • 29

It’s troubling that practical skills like investing aren’t taught at schools as it leaves our children ill-equipped to build wealth, and more vulnerable to bad advice. Here are some suggestions to address the issue.

The best strategy to build income for life

Owning quality, dividend-producing industrial shares is key to building a decent income stream. Here is an update on the long-term performance of industrial stocks against indices, listed property, and term deposits.

CPI lowballs the true cost of living

The consumer price index is supposed to reflect the cost of living but no longer does. The ABS publishes other estimates that provide a more accurate picture of our living expenses, and how much they've recently risen.

The latest trends in SMSFs

The average age of UniSuper members rolling out to an SMSF is 50, while the average age of members who roll money in from an SMSF is age 62. With an ageing population, there are more members rolling in from their own SMSF.

4 ASX small caps poised for a big year

Are ASX small cap stocks set to play catch-up and outperform their larger peers this year? No one knows for sure, though here are four small cap companies worth considering for your investment portfolio.

Passive investors exposed to bubbliest market segment

Thanks to the 'Magnificent Seven' stocks, global passive investors thrashed most active peers in 2023. But there's a hitch: these investors' portfolios are now concentrated in the most overvalued segment of the market.

Why is land lease housing booming?

Land lease housing has become increasingly popular in Australia, especially among retirees, as it appears like a way to get cheap housing that is also a good investment. But regulatory quirks mean we all pay.

Challenges for the Magnificent Seven stocks

The Magnificent Seven stocks have driven indices to new highs, yet could face headwinds in the coming year. Challenges include their stretched valuations, inherent cyclicality, and high correlation to each other.

Most viewed in recent weeks

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.

Making sense of record high markets as the world catches fire

The post-World War Two economic system is unravelling, leading to huge shifts in currency, bond and commodity markets, yet stocks seem oblivious to the chaos. This looks to history as a guide for what’s next.

3 ways to fix Australia’s affordability crisis

Our cost-of-living pressures go beyond the RBA: surging house prices, excessive migration, and expanding government programs, including the NDIS, are fuelling inflation, demanding bold, structural solutions.

Is there a better way to reform the CGT discount?

The capital gains tax discount is under review, but debate should go beyond its size. Its original purpose, design flaws and distortions suggest Australia could adopt a better, more targeted approach.

How cutting the CGT discount could help rebalance housing market

A more rational taxation system that supports home ownership but discourages asset speculation could provide greater financial support to first home buyers.

Welcome to Firstlinks Edition 648 with weekend update

This is my last edition as Editor of Firstlinks. I’m moving onto a new role though the newsletter will remain in good hands until my permanent replacement is found.

  • 5 February 2026

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