If you thought the recent correction was bad, you thought wrong - it pales in comparison to the worst stock market crashes of all time. Warren Buffett once said that the stock market is a device that transfers wealth from the patient to the impatient. What he was implying is that while markets generally go…
Credit Corp (ASX:CCP) was one of the first stocks to release its FY24 results, having done so last week. Its profit came in substantially lower due to an impairment of its US assets. Even though this was not a cash outflow, it has indicated that business was not so rosy for the company and investor…
Investors fear a US recession - there's no denying it and there's no other explanation for the market correction in the last week. But are these fears justified?
Why investors fear a US recession
Because there are data points that are showing markets could be headed that way. There was a very fine tightrope central banks…
If and when the 2023 IPO market opens up, here are 4 red flags in IPO's to watch out for.An IPO is an exciting investment opportunity for investors, but this excitement doesn't always translate into a good return. It can be difficult to tell how an IPO will perform on the day of listing, let…
Do you hold Stock options? If so, you could be in a 'no-lose' situation as an investor.If your company rises, you may have the chance to lock in a healthy capital gain. But even if it doesn't, you may not end up losing a single cent.For the companies, while it is setting a bar quite…
What is a moat? A 20th century dictionary would tell you it is a river surrounding a castle that provided a line of defence against intruders. In relation to stocks, the concept of a moat is somewhat different in practice, but is theoretically similar. This is what was traditionally meant by the term 'moat'
What is…
When will interest rate cuts happen? Seemingly they will occur this year, although there is a disconnect between what investors believe and hope for and what central banks (particularly the RBA) are implying.The RBA has lifted interest rates from 0.1% in April 2022 to 4.10% by June 2023 and a further 0.25% hike came in…
6 ASX Stocks to watch this FY24 reporting season
Nick Scali (ASX:NCK)
Nick Scali has doubled in the last 5 years, and a big part of this growth can be attributed to the furniture boom during the pandemic. Its sales have doubled from ~$250m to ~$500m in that time and its profit has…
Think of ASX stocks working with the US Department of Defence, and investors might imagine defence stocks or perhaps even critical mineral project developers.This is not completely untrue. The list of stocks working with the US Department of Defence includes critical mineral companies such as Lynas (ASX:LYC), which was granted US$258m back in March 2024…
5 ASX Stocks for young investors to buy
If you're a young investor, you are less likely to be a High Net Worth investor. You are less likely to be able to tolerate losses, unless you put in small amounts that you may not be able to make much money from unless you get lucky…
