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Greenlights & Redlights
Read more: Greenlights & RedlightsA great relationship, a newborn son, and a successful career as an actor. In 2008, Matthew McConaughey was feeling pretty good about his life in California. Then an unexpected family health emergency took him back to his home state of Texas. Of all places, McConaughey and his young family ended up renting a home in a retirement community to be closer to his mother. There he found a motley group of retirees who lived life without pretence and offered plenty of unsolicited advice about good living. The family emergency, the newborn and the experience with the seniors had him reconsidering…
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GameStop Saga Will Have Hangover
Read more: GameStop Saga Will Have HangoverGameStop. Hedge Funds. Wall Street Bets. Robinhood. What is going on? You can read about the story pretty much anywhere at the moment, so we’ll briefly run through it and then take a look at a few other areas we think are important and unlikely to see as much attention. A group of people on ‘Wall Street Bets’, a subsection of an internet forum called reddit, essentially took a dislike to the fact a video game retailer called GameStop was being shorted by a group of hedge funds. Shorting is essentially where you borrow a stock to sell it in…
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The Big Lie of Social Media Trading Coaches
Read more: The Big Lie of Social Media Trading CoachesSocial media has been blamed for being the cause of many ills over the past decade. The ability to analyse our behaviour and micro target us with advertising may become the biggest ill of all. Being able to blatantly tell lies and distort the truth to a narrow group of people is regarded as a serious problem. It’s harder to address than general advertising. If deceptive ads were more widely seen, they would be more likely to be flagged and exposed. Much of the focus to this point has been on political campaigns, but the investment world is quickly catching up.…
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December Quarter & 2020 Review
Read more: December Quarter & 2020 ReviewEconomic Overview 2020 will be a year of note in the history books. The problems started pre Q1 when spring 2019 bushfires seemed to rage endlessly in parts of Australia, extending into Q1 and contributing to one of the country’s worst bushfire seasons on record. Hot on the heels of the bushfires, the COVID-19 pandemic spread globally, becoming the largest global health crisis since the Spanish flu a century earlier. The international policy response was initially staggered and confused, but much of the world put in place some form of containment, social distancing, or economic pause in an attempt to…
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2020 End of Year Wrap
Read more: 2020 End of Year WrapWhat did we learn in 2020? Our views were mostly reinforced. Have a portfolio built for your circumstances and if you have a plan, stick with it! The following chart of the Australian sharemarket speaks for itself. Large and unexpected falls are never welcome, but riding them out remains the best course of action. We may feel panic and revulsion in the moment, but if you press the exit button, you’re liable to miss a turnaround that can emerge much more quickly than expected. As we hopefully illustrated by the message we presented in this video during the worst of…
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