Our version of this Christmas story is that a long-term bear market began in 2000. This was the fall-out from the dot.com boom and the end of an 18-year bull market in stocks that had begun in 1982. Left to its own devices, the market would have declined to more reasonable valuations and companies would have sorted out real ways to grow earnings.
December 14th, 2009 | Dan Denning | 2 comments | ContinuedAll Posts Tagged With: "Aussie investors"
$2,000 Gold Prediction
The weekend edition of the Australian Financial Review has gold on the cover, incidentally. You can see a picture of it a few paragraphs down. Underneath the giant golden letters it reads, “Why you shouldn’t laugh about gold hitting $US2000 an oz.” But if anyone’s laughing, it’s a nervous laughter.
November 16th, 2009 | Dan Denning | 8 comments | Continued
Your Average Australian Super Fund
Is it down 0.8% for the year (since January) or in the last twelve months? Or is the average super fund down 0.8% from its all-time high? The average super fund fell 21% from its heights to its lows during the GFC. But the Aussie market has rallied 55% this year.
So does this mean super has done well? Average? Above average?
November 9th, 2009 | Dan Denning | 14 comments | Continued
Stocks Better than Bonds When Inflation is a Big Threat
What we make of it is that dividends used to account for a much larger percentage of your total return in stocks than they have in the last twenty years. Times change. There’s no rule that says the future has to be just like the past. But if stocks beat inflation, should you invest in stocks for income or capital appreciation? That’s the second question.
October 19th, 2009 | Dan Denning | 4 comments | Continued
Aussie Gold Price Moves Up
For investors, it means gold is going to have a good solid run at US$1,000. It’s in the neighbourhood already. But in the lead up to the G-20 leader meeting in Pittsburgh later this month, we wouldn’t be surprised to see gold price in a lot more fiat money creation.
September 7th, 2009 | Dan Denning | 15 comments | Continued
The Big Question: What is the Aussie Gold Price Doing?
Speaking of gold, the U.S. gold price jumped up $14.10 to trade back over $900 again. It was the first time old yeller metal has traded there in three weeks. The World Gold Council reported that inflows of gold into exchange traded funds were 456 tonnes for the first quarter of the year. That compared to 321 tonnes for all of last year. ETF demand for gold is definitely one of the short-term drivers of the gold price…
April 24th, 2009 | Dan Denning | 4 comments | Continued
