Tag: investment

The Power of the Market

A lot of people talk about the market, but what does that mean? The financial market is made up of millions of participants, many just like you. Buyers and sellers who voluntarily agree to trade shares of companies all over the world.  Every year, millions of trades take place each day totalling billions of dollars. […]

What to do about Brexit

Friday was an interesting day for Britain (and Europe) and as we all know, the Brexit vote has had an immediate impact on bond and sharemarkets around the world. These are the very kinds of market events our clients’ portfolios are built for. We never take risks that aren’t worth taking and the portfolios we construct […]

Making sense of stock market roundabouts

Dramatic market swings, US Federal Reserve deliberations and discouraging data from China have made headlines in Australia and around the world in recent months. We asked Vanguard’s global chief economist, Joseph Davis, for his perspective. Since the global financial crisis, economic growth in many developed countries has been modest, while share markets in New York […]

Living on the Investment Edge

Digital innovation has democratised access to financial information to the point where anyone with a smartphone, a few apps and real-time news and data feeds can be like a pro trader. But who wants to do that? And do you need to? In the world of information flows, speed is barely an issue anymore. And […]

Can you bank on Medibank?

Initial public offerings are back. Medibank Private is on the block in Australia. How should you approach IPOs and how can you tell a good one from a bad one? An IPO is when a company first sells stock to the public. Sometimes, these offerings are by smaller companies seeking capital to expand. Other times, […]

Sliding Doors: The Financial Sequel

Sound investing for the long term is not just about sticking to your chosen pathway. It also means staying off those investment paths that can derail your journey. In the 1998 British-American romantic comedy ‘Sliding Doors’, the story revolves around two contrasting life outcomes for the central character, played by Gwyneth Paltrow, all stemming from […]

Investors, Connecting the Dots

Human beings love stories. But this innate tendency can lead us to imagine connections between events where none really exist. For financial journalists, this is a virtual job requirement. For investors, it can be a disaster. “The Australian dollar rose today after Westpac Bank dropped its forecast of further central bank interest rate cuts this […]

The Golden Ticket

In a popular children’s story, the young hero pins all his hopes on finding one of a handful of ‘golden tickets’ hidden among millions of candy bars. It seems many people approach investing the same way. The notion that the path to long-term wealth is in locating secret and previously undiscovered treasures in the global […]