27 Sep 2024
Friday Tidbit
- Posted by Dejan Pekic BCom DipFP CFP GAICD
The Late Steven Paul Jobs was best known for co-founding the technology company Apple Inc.
If you’re over the age of 50, Steve Jobs offers the following advice-
- You Have Nothing to Lose
- Time is the Most Precious Resource
- Little Things Are Important
- Getting Fired Sets You Free
- You Need a Team
- Have Unique Experiences
- Do Something Wonderful
- Love What You Do
- Time for a Change
- Don’t Be a One-Man Show
Click to read.
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20 Sep 2024
Friday Tidbit
- Posted by Dejan Pekic BCom DipFP CFP GAICD
For decades we have been talking climate change but the fact is that the World climate has been in perpetual change for millions of years.
The real issue is human impact on climate due to the pollution that we create.
The World Resources Institute has just published a report on how an additional 3 degrees Celsius of warming would impact cities and it is horrific.
Click for report.
More than 130 countries are on a path to decarbonisation and the United Nations Framework Convention on Climate Change (UNFCCC) estimates that it will need US$125 trillion in investment to achieve net-zero on a global scale by 2050.
The point is that the required spend is going to be enormous in order to have any chance of slowing the additional 3 degree Celsius of warming which then also creates a megatrend investment opportunity.
Our business is based on referrals, so if you have family, friends or colleagues that want advice please ask them to contact us.
10 Sep 2024
Market Metrics: Listed Companies
- Posted by Dejan Pekic BCom DipFP CFP GAICD
The forward P/E ratio (price to earnings ratio) is a measure of the current share price of a company divided by the estimated future earnings per share of that company.
Meaning, a lower forward P/E ratio is generally better because it implies that you will pay a lower price for the listed company.
Attached is a forward P/E ratio for all 11 market sectors in Australia and a comparison of Australian listed companies against listed companies on other global stock exchanges.
Click for chart.
What is the chart saying?
Technology in Australia is expensive at 91.2 forward P/E ratio and same can be said globally with the NASDAQ at a 27.2 forward P/E ratio.
There are also value buying opportunities such as in German, England and China (DAX Performance, FTSE 100, and Shanghai) with forward P/E ratios measuring between 10 to 12 times.
The message is that investing is hard which is why employing talent, specifically having the right Portfolio Manager working for you is the key to achieving above index performance.
Our business is based on referrals, so if you have family, friends or colleagues that want advice please ask them to contact us.
