I was asked by Jane, a client of mine today "where is the best place to invest $100,000 if I need income?. I'm thinking about shares but given everything I've been hearing in the news lately, maybe I'm better off with my money in the bank". It's a great question and the answer is relevant … Continue reading Where to Invest for Income?
The Dow Jones has swung more than 400 points for the last four days running. It's been a wild ride on the ASX as well. I'd expect this volatility to continue over the next few weeks. The Dow finished 3.95% higher on Thursday after a drop in jobless claims and better than expected earnings. I thought it … Continue reading 5 Most Common Questions in the last 2 Weeks
In the US overnight the Dow jumped almost 4% to finish back above 11,000 points. This came after a Federal Reserve announcement that its benchmark interest rate will remain near zero percent until 2013. The Australian sharemarket closed up on Tuesday afternoon by just over one percent after spending most of the day in the red. Thoughts … Continue reading Further Market Update
We have spoken to leading asset consultant, Russell Investments, who continue to monitor the economic situation and they have provided us with the following information. Market Action A gloomy global economic outlook sent investors on a mass exodus out of risky markets Thursday and into the refuge ofUSgovernment debt, sending yields to yet another round … Continue reading Market Update