
Westpac (ASX:WBC) share price in focus on $1.3 billion FY22 profit hit
The Westpac Banking Corp (ASX:WBC) share price is in focus after announcing a profit hit of $1.3 billion in the second half of FY22.
Big money is not in the buying or selling, but in the waiting.
Charlie Munger
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.

The Westpac Banking Corp (ASX:WBC) share price is in focus after announcing a profit hit of $1.3 billion in the second half of FY22.

The Pilbara Minerals Ltd (ASX:PLS) share price is up more than 5% after announcing its latest lithium cargo sale.

I think the BHP Group Ltd (ASX:BHP) share price is an attractive opportunity right now after its quarterly production update.

There are a lot of positives in building a diversified portfolio, but also picking businesses with good futures. We can use ETFs to do this.

The Rio Tinto Limited (ASX:RIO) share price is under the microscope after the iron miner released its 2022 third-quarter update.

ASX tech shares have taken a big hit in 2022. Plenty of them are down 50% or more in 2022. I think this could be one of the best times to invest in technology.

There aren’t too many ASX 200 Index (ASX:XJO) shares that I’d gladly buy for my portfolio. But I’d go for the two in this article.

The ASX share market is seeing more ups and downs than a yo-yo. I think this is an opportune time to invest.

The ELMO Software Ltd (ASX:ELO) share price has jumped 30% in trading after coming back to the market. There is takeover interest.
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