
How Rio Tinto (ASX:RIO) Plans To Profit From Electric Vehicles
Rio Tinto Limited (ASX:RIO) has announced the latest stage of its expansion plans to take advantage of electric vehicles and batteries.
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.
Rio Tinto Limited (ASX:RIO) has announced the latest stage of its expansion plans to take advantage of electric vehicles and batteries.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open flat today, the USA’s S&P 500 Index (.INX) went up by 0.66% on Friday.
The National Australia Bank Ltd (ASX:NAB) share price could keep falling according to a new report.
The IOOF Holdings Limited (ASX:IFL) share price could drop on Monday after the financials services business was served with a class action.
The Zip Co Ltd (ASX:Z1P) share price went up 12% today, making it one of the best performing ASX shares today.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.69% at lunch.
The GBST Holdings Limited (ASX:GBT) share price is going nuts this morning after the company received a takeover offer.
Choosing ASX shares for your parents can be a difficult task.
The Commonwealth Bank of Australia (ASX:CBA) share price could be a mover today on reports that it has a secret plan to save $2 billion of costs.
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