Today's ASX news
ALL ORDINARIES Index Up, Woolworths (ASX:WOW) Shares Rise
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.16% at lunch.
October 5, 2018
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.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.16% at lunch.
Beach Energy Ltd (ASX:BPT) is selling 40% of its Victorian Otway stake for $344 million to OGOG (Otway) Pty Ltd and consequently reduced its FY19 guidance.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.60% at lunch.
Bank of Queensland Limited (ASX:BOQ) has reported its annual result ended 31 August 2018.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.20% at lunch.
Freedom Insurance Group Ltd (ASX:FIG) announced it will suspend sales of all new direct insurance products.
The RBA has decided to leave Australia’s interest rate on hold again for the umpteenth time at 1.5%.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.44% at lunch.
AMP Limited (ASX: AMP) will soon face ASIC in court due to its part in the fees-for-no-service scandal.
Want to level-up your analytical skills and investing insights but don’t know where to start? Join 50,000 Australian investors on our mailing list and we’ll send you our favourite podcasts, courses, resources and investment articles every Sunday morning. Grab a coffee and let Owen and the team bring you the best insights.
Here you go: A $50,000 per year passive income special report
Join more 50,000 Australian investors who read our weekly investing newsletter and we’ll send you our passive income investing report right now.
Simply enter your email address and we’ll send it to you. No tricks. Unsubscribe anytime.
Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.