Sell with Confidence
Read More
News

Bi Monthly Market Update | Shares? Cash? or Property!

By Simone Raszyk

Shares? Cash? or Property!

  • It has been a wild ride on markets over the last few days with investors uncertain about the nature of the virus, its potential economic impact and the policy response.
  • The oil shock caused by Russia’s refusal to reduce production as recommended by OPEC (and Saudia Arabia’s response to it), has only added to this confusion and uncertainty. Agreement is expected to be reached when Russia and the Saudis meet next week.
  • After nearly hitting the psychological 6,000 level this morning the ASX-200 has retreated and is trading at 5,725 as I type. The Aussie dollar is at US .65c.
  • International financial research houses are suggesting the virus and its impact are temporary.
  • US elections are looming with pundits forecasting a Trump second term which will be good for markets into Christmas. As will Trump’s promise of “very substantial” stimulus.
  • All eyes awaiting our Federal Government’s announcement on stimulus measures due tomorrow.
  • Good news is that investors looking for greater control over their money will look to property.
  • Long term debt is now so cheap for borrowers that it’s having an impact with ABS figures showing home loans growing faster than market consensus according to recent data – 6.4% in WA.
  • Having just sold the highest priced home in Dalkeith in the last 9 years with multiple offers before auction, I am very bullish on the market. Call me for a confident strategy to get your best price.
Authored by Jody Fewster
Please call 0414 688 988 if I can provide you with a current market appraisal and detailed marketing plan for your home or investment property.
Up to Date

Latest News

  • Bi Monthly Market Update | What a year!

    What a year! After a 1.4% rebound yesterday, the S&P ASX-200 ended the financial year down only 10.9%. Although it was the worst year since 2012, it was saved by a great June quarter which is giving analysts hope for a positive start to the new year with higher returns forecast than … Read more

    Read Full Post

  • Bi Monthly Market Update | Equities soar on the Feds private debt buying

    Equities soar on the Feds private debt buying Concerns of a secondary surge C-19 in the US and China agitated markets last week, only to rebound yesterday with news the Federal Reserve increased stimulus measures through the buying of private debt. The S&P ASX 200 closed up 3.9% to 5,942.3 and the Aussie … Read more

    Read Full Post