Site menu
Menu
The S&P/ASX200 (ASX:XJO) was dragged lower by the materials sector, one of the 10 sectors finishing in the red, as a 4 per cent fall in iron ore prices dragged it down 2.7 per cent.
The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (INDEXASX: XAO) share prices both fell by 0.8% with technology the only sector able to manage a positive result, adding 0.4%.
The iShares S&P 500 ETF (ASX:IVV) could be the best way to passively invest in the stock market, in my eyes.
Elisa Di Marco is the Portfolio Manager of Magellan’s Core International Fund. Elisa Di Marco join Owen Rask on The Australian Investors Podcast to talk Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA).
The information on this website is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) and Target Market Determination before making a decision to acquire any financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide before using this website.
“Rask Invest” is considered a financial product and has a Product Disclosure Statement (PDS) and Target Market Determination (TMD), issued by InvestSMART. These documents can be accessed on the Rask Invest website. Please seek professional advice before making any investment decision with respect to Rask Invest.
© Rask Australia 2024
