With bank deposit rates at record lows, investors have turned to the stock market for income. And companies have stepped up to the crease.
Early this morning, GWA Group announced it would be giving shareholders a capital return of 28.8c per share.
If the Australian stock market does need another interest rate cut to breach 6,000, then we could be in for a longer than expected wait.
If you’re sick of central bank mumbo-jumbo and you want to get back to pure stock speculation, beaten down stocks in the resources sector are the best place to start.
Investors are scared. They’re buying dividend stocks, not because they’re bullish on the outlook for the stock market, but because they don’t have a choice.
I urge you to develop the ability to read a stock chart and start to listen to what the market is telling you.
The past month and a half has seen the Australian stock market test the 6,000 point level thrice. Each time, it has failed.
What is it with the 6,000 point level? The Australian stock market just can’t seem to crack it. Yesterday, the ASX 200 got within a whisker of it.
The best place to put your money right now, if you want to earn an income, is stocks... The rich have been investing in stocks in a big way since 2009.
Do you find yourself getting all caught up in the financial news anyway? Headlines such as ‘Stocks slump on global concerns’ or something similar.