Economy
Economy
trump caracature at the whitehouse
Bitcoin — Keep Your Eyes on the Highs
bitcoin market skyrocketingBitcoin is all the rage at the moment. No wonder…it’s trading around US$4,800, up a gazillion percent or so over the past five years. How do you put a price on the strength of the underlying technology? That’s the market’s job. As it tries to estimate the correct value, it will overshoot and undershoot intrinsic value.
Alphabet: Is This Tech Giant Retreating?
Alphabet smartwatch retreating in the marketJust last week Alphabet or Google as I still tend to call it — released a new suite of products. And although the company dropped the ‘Google’ name for the parent company, they’re clearly not averse to using it to promote their new line of hardware. In amongst this plethora of new products however, there was no new smartwatch.
Why Interest Rates are on Hold for a Long Time
interest rates being heldThe general view has gone from one of another potential interest rate cut, to a question of when the rate rising cycle will start. But the just-completed reporting season didn’t exactly confirm that view. Overall, earnings growth was lacklustre. But that’s what you should expect in a low growth economy.
When Housing Falls, Australia May Fall With It
australian property crisisEven if you’ve taken your profits out of property and invested them elsewhere, you still can’t afford to ignore this issue. With so many Australians holding mortgages, and the big four banks making up such a large part of our economy, any shock that starts in housing could spread across the entire country.
The Dangers of ‘Tax-Led’ Investing
investing incentives for tax breaksAs a former financial planner, some of the greatest value I could add to my clients’ portfolios was by reducing their tax liabilities. Both current taxes and future ones. But there’s a difference between a good tax strategy, and investing because of a tax benefit.
Turnbull Government…Hands Off Our Privacy!
turnbull government new privacy lawsThe Turnbull government yesterday announced a proposal that would see states hand over the identities of all Australian drivers in a bid to strengthen national security laws. It would mean authorities would be able to identify any Australian with a driver’s license in seconds using facial recognition technology.