Register to receive our free weekly newsletter including editorials.
Saturday, 31 October 2020
Recently trending Have the rules of retirement investing changed?18 Aussie names for your watchlistBuffett and his warning about 'virtually certain' earningsHamish Douglass on what really mattersKate Howitt: investing lessons and avoiding the PIPO trade
John Pearce, Chief Investment Officer, Unisuper: "Out of the (many many) investmentrelated emails I get, Cuffelinks is one that I always open."
Ian Silk, CEO, AustralianSuper: "It has become part of my required reading: quality thinking, and (mercifully) to the point."
Reader: "An island of professionalism in an ocean of shallow self-interest. Well done!"
Ian Kelly, CFP, BTACS Financial Services: "Probably the best source of commentary and information I have seen over the past 20 years."
Reader: "Keep it up - the independence is refreshing and is demonstrated by the variety of well credentialed commentators."
Reader: "The BEST in the game because of diversity and not aligned to financial products. Stands above all the noise."
Vishal Teckchandani, Content Editor, nabtrade: "Exceptional investment literature of the highest possible quality."
David Goldschmidt, Chartered Accountant: "I find this a really excellent newsletter. The best I get. Keep up the good work!"
Reader: " Finding a truly independent and interesting read has been magical for me. Please keep it up and don't change!"
Don Stammer, leading Australian economist: "Congratulations to all associated. It deserves the good following it has."
Steve: "The best that comes into our world each week. This is the only one that is never, ever canned before fully being reviewed by yours truly."
Andrew Buchan, Partner, HLB Mann Judd: "I have told you a thousand times it's the best newsletter."
John Egan, Egan Associates: "My heartiest congratulations. Your panel of contributors is very impressive and keep your readers fully informed."
Reader: "Best innovation I have seen whilst an investor for 25 years. The writers are brilliant. A great publication which I look forward to."
Reader: "Carry on as you are - well done. The average investor/SMSF trustee needs all the help they can get."
Eleanor Dartnall, AFA Adviser of the Year, 2014: "Our clients love your newsletter. Your articles are avidly read by advisers and they learn a great deal."
Reader: "It's excellent so please don't pollute the content with boring mainstream financial 'waffle' and adverts for stuff we don't want!"
Reader: "Is one of very few places an investor can go and not have product rammed down their throat. Love your work!"
Rob Henshaw: "When I open my computer each day it's the first link I click - a really great read."
Reader: "I subscribe to two newsletters. This is my first read of the week. Thank you. Excellent and please keep up the good work!"
Scott Pape, author of The Barefoot Investor: "I'm an avid reader of Cuffelinks. Thanks for the wonderful resource you have here, it really is first class."
Reader: "I can quickly sort the items that I am interested in, then research them more fully. It is also a regular reminder that I need to do this."
Reader: "Congratulations on a great focussed news source. Australia has a dearth of good quality unbiased financial and wealth management news."
Reader: "Great resource. Cuffelinks is STILL the one and only weekly newsletter I regularly read."
Australian Investors Association: "Australia's foremost independent financial newsletter for professionals and self-directed investors."
Jonathan Hoyle, CEO, Stanford Brown: "A fabulous publication. The only must-read weekly publication for the Australian wealth management industry."
Noel Whittaker, author and financial adviser: "A fabulous weekly newsletter that is packed full of independent financial advice."
Reader: "Love it, just keep doing what you are doing. It is the right length too, any longer and it might become a bit overwhelming."
Following on from our April 2020 COVID survey, how have your opinions and circumstances changed? Have government policies been effective? How has your portfolio fared? What does 'the other side' look like?
The Future Fund made notable changes to its asset allocation during 2019 as it prepares for difficult markets. In holding a large proportion of unlisted assets, it claims less asset price volatility.
Treasurer Scott Morrison firmly ruled out the introduction of new superannuation taxes on incomes in retirement, but other changes on concessions and negative gearing can be expected in the Budget.
In launching its national 'conversation' about tax reform, the Abbott government is caught between the policy imperative of 'leading' and the political requirement of 'listening'.
Debate around the issues that face Brazil is vigorous and while the government knows what the challenges are, it could instead be Brazil’s social fabric that drives change, with the help of the World Cup.
China is so complex and varied that few people can understand the whole picture, but on a third visit over two decades, it's possible to see changes, many of which are for the better.
* On the day FOFA comes into effect, responsibility has passed to David Bradbury, who is now Assistant Treasurer and Minister Assisting for Financial Services and Superannuation. He will be assisting the new Treasurer, Chris Bowen.
In retirement, we still want to reduce stock volatility while generating cash flows. The two needs have not changed, but the reward expected in the old days from interest payments has gone. What should we do?
A Morningstar stock screener reveals a cross-section of companies with competitive advantages that are trading at material discounts to estimated value. This is a list of 18 highly-rated names worth watching.
While many investors are happy to invest in any online companies, Warren Buffett focusses more on the quality of future growth, buying companies whose earnings are 'virtually certain' in 10 or 20 years from now.
Questions on the stock market/economy disconnect, how to focus long term, technology's growing role, income in a low-rate world, Modern Monetary Theory and endless debt and the tooth fairy.
Kate Howitt identifies the stocks she likes and the disappointments, gives context to the increasing role of retail investors, and explains why the market is more of a 'voting not weighing' machine than ever before.
It is trite and obvious to say the future is uncertain, and while COVID-19 brings extra risks, markets are always unpredictable. However, investing conditions are now more difficult than ever, mainly because the defensive options for portfolios produce little income. We explore whether investing rules have changed with new input from Howard Marks.