In emerging countries like China, India and Brazil, there’s plenty of growth for investors. Buying investments with exposure to emerging markets might not just improve your results. It could literally change your wealth!
We get massively excited about the potential for crypto. We believe it will change the world. But we get equally excited about the potential for cannabis too. It will also change the world. Just in a different way. It’s funny because crypto and cannabis actually share a lot in common.
Investors are asking whether they should buy beaten down Telstra Corporation Ltd stock. You can now pick up the famous dividend stock for around $2.76 per share. Many will jump in at this price. Trading at 8-times earnings with more than an 8% dividend yield, what’s not to like?
JB Hi-Fi [ASX:JBH] experienced a slight downgrade in share value at the beginning of the month. But as we approach the end of May, its shares are displaying strong signs of growth, rising by 2.12% at time of writing. Its shares are now valued at $23.72.
In the last five years, the All Ordinaries (largest 500 Aussie stocks) is up. But it’s nothing to write home about. Those that have ‘bought the index’ are up around 25%, before fees. Over a five-year stretch, that’s about 4.6% each year. It leaves a lot to be desired.
The Australian Bureau of Statistics (ABS) says the top 20% of households have a median net wealth of $1,285,600, while the median for the next 80% is $378,600 — a ratio of 68:32. The top 20% has its own hierarchy. At the apex is the ultra-wealthy 0.4%, with a net wealth of more than $10 million.
Right now we know that Australia is opening up the doors to legal medicinal marijuana. We think this is the prelude to a legal recreational market as well. We think that Canada is walking the path to which Australia will follow.
Jack Ma, a young start-up founder, walked into the office of Japanese telecom, SoftBank, in the late 1990s. He wasn’t there to strike a mobile deal for his employees. He was there to find an investor. He had heard the founder of SoftBank, Masayoshi Son, was interested. With millions in cash left over from his telco business each year, Son spent a lot of his time looking for potential investments.
Snapchat [NYSE:SNAP] has had the slowest user growth it’s ever experienced as its shares drop by 3.01%. They went through a new redesign which many users did not favour. Snapchat struggled to attract new users to its platform, which resulted in the app having a hard time keeping up with its figures from last quarter.
We’ve got Telstra Corporation Ltd [ASX:TLS] to consider. Its share price declined 6.6% yesterday, after falling nearly 5% the day before. The trigger for the fall was a profit downgrade, followed by a realisation that the company doesn’t have a strategy to deal with the loss of earnings due to the NBN rollout, or increasing competition in mobiles, which is where Telstra has a dominant position.