Experts agree that retirees should go for growth if they want to boost their retirement lifestyle. By Sam Powell This article was originally published on smh.com.au Frances White retired six years ago at the age of 63. In addition to a modest super account and share portfolio, the former qualified accountant owns three investment properties in […]
Download PDF Managing risks intelligently — those that can be reasonably anticipated all the way to outliers — to preserve as well as grow clients’ capital, long-term, is the core of investment management. Every investment manager has an investment philosophy and process to make sense of the world and to create order out of it. […]
Key points Significant government support is essential to enable parts of the economy to successfully hibernate. This will be financed by borrowing and is affordable given Australia’s relatively low public debt and low borrowing rates. Central bank support to keep financial markets functioning properly is also essential and quantitative easing is part of this. We […]
Key points Global share markets have fallen into a bear market, but whether this turns out to be long or short depends on how long the hit to the economy from coronavirus lasts. There are big differences between the current disruption to economic activity – which could be very deep in the short term – […]
Key points The Australian housing market is at risk from the coronavirus recession Australia has now entered. A relatively short recession that sees unemployment rise to around 7.5% would likely only set prices back around 5% or so after which prices would bounce back. But a deeper recession with say 10% unemployment risks tripping up […]
Key points Successful investing can be really difficult in times like the present with immense uncertainty around the impact of coronavirus on the outlook. This makes it all the more important to stay focussed on the basic principles of successful investing. These five charts focus on critical aspects of investing that are insightful in times […]
Key points The rout in financial markets has continued, on the back of coronavirus, made worse by a flow on to oil markets. The risk of a deeper hit to economic activity has risen. Key things to watch are the daily number of new cases, measures of economic stress and policy stimulus. Key things for […]
By Grant Mizens, Assistant Portfolio Manager, MLC Download PDF Financial markets, which had until now adopted a ‘wait and see’ attitude to the coronavirus pandemic, seem to have changed course. On Monday, global shares had their worst day in two years and the Australian share market has in recent days seen its biggest sell-off since […]
Key points Shares are vulnerable to a short-term correction. But with inflation low, and as long as recession is not imminent, it makes sense that traditional valuations like PEs are higher than their long-term average. Similarly, it makes sense that property yields are lower than normal, but the fall in Australian housing yields has been […]
This article was originally published on smh.com.au. When Chris Longhurst received a generous redundancy from his position in pharma sales in Canberra at 55, he didn’t take it as an opportunity to retire. Instead, he crafted a part-time gig as a civil celebrant to supplement his retirement income as well as find meaning, connection and […]