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 Telstra Corporation Ltd (ASX:TLS) share price will be on watch today after reporting its FY19 result and cutting the final dividend.
The ASX 200 (XJO) is expected to drop quite heavily today, so we’re likely to see a lot of red in our portfolios today.
Australia’s share market, represented by the ASX 200 (INDEXASX:XJO)(^AXJO) and the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), could take quite a tumble today.
The CSL Limited (ASX:CSL) share price rose by almost 7% today after it reported its FY19 result.
The Pact Group Holdings Ltd (ASX:PGH) share price has dropped 18% in response to its FY19 result.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.12% at lunch.
The Aveo Group (ASX:AOG) share price is up 6% as it gets closer to being taken over.
The Computershare Limited (ASX:CPU) share price is rising in reaction to its FY19 result release.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 1.48% on Tuesday.
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