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ALL ORDINARIES Index Down, Woodside Shares Fall

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.14% at lunch.

Resource businesses are the main detractors from the index so far today. Woodside Petroleum Limited (ASX: WPL) shares are down 1.42% with the oil price falling. The South32 Ltd (ASX: S32) share price dropped 1.52%, Origin Energy Ltd (ASX: ORG) has fallen 1.04% and BHP Billiton Limited (ASX: BHP) has gone down 1.18%.

Rio Tinto Limited (ASX: RIO) shares are down 0.49% after reporting its second quarter production result with most commodity productions being higher compared to the last year and last quarter.

The shares of Aumake International Ltd (ASX: AU8) have gone up 12.5% after reporting the sales and profit in the June 2018 quarter increased by more than 30% compared to the March 2018 quarter.

Pizza business Domino’s Pizza Enterprises Ltd’s. (ASX: DMP) share price is up 1.24% after the Australian Financial Review reported that CEO Don Meij’s pay was $36.8 million last year, making him the highest paid CEO.

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.

Click here to join The Rask Group’s Investor Club Newsletter and Download The Ebook!

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account.

(Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

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