Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.63% at lunch.
The Telstra Corporation Ltd (ASX: TLS) share price is currently down 5.5% after presenting at its investor briefing day where it announced it would be cutting 8,000 jobs, among other interesting news items.
Another share to fall is fellow telco business Vocus Group Ltd (ASX: VOC), it’s down by 2.85%.
Real estate agent business Mcgrath Ltd (ASX: MEA) is up by 14.7% this morning after receiving a $10.7 million investment by Aqualand.
Did you know Warren Buffett was a millionaire in his late 20’s but ‘only’ worth $300m at his 50th birthday? Now he is a $US84 billion investor.
That means he made 99% of his wealth after turning 50! How does a 50-year-old do that? Download the free Aussie investing ebook, “What Buffett’s Investing Checklist Can Teach Aussie Investors“ when you join the free Rask Group Investor Club Newsletter. You’ll get insights into the 4 steps Buffett uses to pick his investments.