
Fortescue (ASX:FMG) share price rises as production grows in Q1
The Fortescue Metals Group Limited (ASX:FMG) share price is up around 1% after delivering its FY23 first quarter update.
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 Fortescue Metals Group Limited (ASX:FMG) share price is up around 1% after delivering its FY23 first quarter update.

The Australia and New Zealand Banking Group Ltd (ASX: ANZ) share price is in focus after the major ASX bank share reported its FY22 result.

The Coles Group Ltd (ASX:COL) share price went down 2.6% today in reaction to the company’s FY23 first quarter update.

Investors that own Medibank Private Limited (ASX: MPL) shares need to know about the company’s latest cybercrime update.

The Pilbara Minerals Ltd (ASX:PLS) share price is under the microscope today after announcing its production for the September quarter.

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.
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