The Last Straw

They say that in investing, being too early is the same as being wrong. There’s a lot of truth to that — especially when it comes to things like shorting — but I’m not convinced it applies to growth investing. At least, that is, when the potential upside is large enough. If, after buying a stock, it goes sideways for […]

It wasn’t a great week for the market, with the All Ordinaries dropping a further 3% from its August all-time high. And there’s plenty of reasons to be nervous.  The US Federal Reserve is winding back stimulus and signalling higher lending costs. China — our largest trading partner — is facing a potential credit squeeze and property market slump, while trade […]

I bet you heard the news this week about the China Evergrande debacle. Global markets shedding billions of dollars due to large and small investors fearful of the butterfly effect of an international behemoth in mountains of debt. China making cryptocurrencies illegal certainly didn’t help investor sentiment either, smashing crypto markets and stocks associated with them too. Volatility struck the […]

The last year has been a wild one for stock market investors. Since the March 2020 lows, the ASX200 (ASX:XJO) is up an eye watering 56%, the NASDAQ (ASX: NDQ) has gained 71% and the S&P500 (ASX:IVV) has marched 54% higher. With astronomical gains from these indices, individual investors may have seen similar results. However, if you’re not matching these […]

The Australian stock market is less than 2% of the entire global equities market and doesn’t contain any of the world-renowned high flying stocks like Apple, Amazon or Facebook. So why then is there huge upside potential in investing down under? Three main reasons give us Australians a huge advantage when it comes to buying stocks in our own backyard.  […]

Why higher prices are bad for stocks

Investing won’t make you rich. Not on its own. Done right, it will certainly help grow your money — and, over time, that growth can be considerable. But if you really want to build enduring wealth you should also focus on saving. That’s the fuel on which the fire of compounding burns. If you can scrape together $2,000 and invest that for a […]

Investing is hard*. Success as a stock-picker requires, among other things, a decent understanding of business, accounting, economics, finance & psychology. It requires discipline, objectivity and emotional fortitude. Most important of all, successful investing requires time. A lot of it. Time to educate yourself. Time to do research. Time to manage your portfolio. And, perhaps hardest of all, time to […]

So I’m long Bitcoin. It’s a bit uncomfortable to admit, because there’s such wide scepticism concerning crypto among a lot of smart people. And it’s hard to deny there’s a huge amount of hype and speculation surrounding the whole affair. I’m sure a lot of people will get burnt. Back in 2017 when Bitcoin first came to global attention, I […]