Big money is not in the buying or selling, but in the waiting.
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 Reserve Bank of Australia (RBA) has hiked the interest rate by another 0.25%, sending the S&P/ASX 200 Index (ASX: XJO) downwards.
The Magellan Financial Group Ltd (ASX: MFG) share price fell again, dropping 3% as the fund manager just revealed more pain.
The Metcash Limited (ASX:MTS) share price is in focus after delivering more earnings and dividend growth in its FY23 first half.
The Premier Investments Limited (ASX:PMV) share price looks very attractive after its FY23 first half update.
The Rio Tinto Limited (ASX:RIO) share price is in focus after the miner told the market about some of its progress on its long-term strategy.
The Temple & Webster Group Ltd (ASX:TPW) share price has jumped after the online retailer revealed a trading update at its AGM.
The Fisher & Paykel Healthcare Corp Ltd (ASX:FPH) share price is up 12% after revealing its HY23 result and outlining some FY23 commentary.
The Woodside Energy Group Ltd (ASX:WDS) share price has dropped around 4% after the energy giant announced a FY23 update.
The Bank of Queensland Limited (ASX:BOQ) share price has sunk 5% after the regional bank announced that its CEO is leaving the bank.
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