ASX share Ideas
Why Freedom Insurance Group Ltd (ASX:FIG) Stopped Selling Insurance
Freedom Insurance Group Ltd (ASX:FIG) announced it will suspend sales of all new direct insurance products.
October 3, 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.
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.
Australian house prices fell 0.5% in September 2018 and some commentators say Commonwealth Bank of Australia (ASX:CBA) and its Big Bank peers are to blame.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.55% at lunch.
Commissioner Hayne has handed in his Interim Report regarding the inquiry into misconduct of the banking, superannuation and financial services industry.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.56% at lunch.
Westpac Banking Corp (ASX:WBC) has outlined another $235 million of costs due to the Royal Commission.
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