Should I invest in property or shares?
“Property or shares?”
If you have been a Pursue Wealth member since 2018, then you may remember the epic debate that went down between Josh and Sam on our annual member’s day! That night, many of our members had their views on wealth accumulation turned upside down, not to mention, many good laughs and cheerful banter.
Monday Market Madness 26th of February 2018
The Australian stock market continued its upward trajectory following a 1.3% gain last week and a very volatile past couple of weeks as US markets come to grips with potentially higher inflation and higher rates quicker than previously expected.
Monday Market Madness 12th February 2018
The Australian share market turned around a weak start to the day to close higher, as bargain hunters bought stocks beaten up in Monday and Tuesday’s plunge. The benchmark S&P/ASX200 index was up 0.2 per cent at 5,890.7 points at 1630 AEDT, after falling 0.3 per cent in early trade. The Australian dollar is weaker against the US dollar, which is outperforming all major currencies as commodity prices ease. The local currency was at 78.25 US cents at 1630 AEDT, from 78.77 US cents on Wednesday. Ahead of the local open SPI futures were 104 points lower at 5,708.
Monday Market Madness 5th February 2018
The Australian stock market was somewhat volatile last week. The week had a solid start on Monday. This was then followed by a risk sell off, reaching the week lows early Wednesday morning. But, finally recovered into the end of the week. Investors pushed the market back above the 6000 level by Thursday. This was amid ongoing optimism for economic growth at home and overseas and a solid reporting season expected.
Monday Market Madness 29th January 2018
The Australian stock market recorded a steady performance last week. Investors pushed the market back to levels last seen at the middle of January. This is amid ongoing optimism for economic growth at home and overseas. The benchmark S&P/ASX 200 index gained 0.8% to 6055 points after falling by 1.1% last week. All major industry groups finished the week in positive territory. IT, Health Care and Energy were the best performing sectors.
Monday Market Madness 18th December 2017
The Australian market was modestly higher last week, helped by some Mergers & Acquisitions activity. Westfield spiked as the shopping mall giant announced that Europe’s largest listed property group, Unibail-Rodamco, wants to acquire Westfield in a cash and scrip offer valuing the company at A$10.01 per security as at 11 December.