Author

Drew Meredith

Drew Meredith

Drew is contributor to The Inside Investor and The Inside Adviser. General Advice Disclosure: Where Drew's comments constitute advice, it is general advice only (AFSL383169). They have not considered the readers personal or individual circumstances. Readers should seek professional advice before acting on any comments.

ASX stocks down 0.2%

ASX stocks down 0.2%, ‘Go long’ says star investor Bill Ackman, Ramsay Healthcare (ASX:RHC) reports, positive open ahead The ASX200 (ASX:XJO) fell for the second straight day finishing down 0.2% but managed to add 3.2% for the week.  The reasons

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ASX to open lower, Telstra (ASX:TLS) outperforms

ASX 200 (ASX:XJO) falls 0.5%, Telstra (ASX:TLS) outperforms, US market falls ASX to open lower It was a mixed day for the ASX200 (ASX:XJO) taking a breather after what has been a hectic few days.  Most sectors were down, with

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Six-member SMSFs one step closer

It’s been a long time coming, yet it may finally be here. The arbitrary cap on the allowable number of SMSF members, limiting funds to just four people, appears set to be lifted. The legislation has been delayed due to

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Rotation rally continues, ASX 1.7% higher

Rotation rally continues, ASX 1.7% higher, Commonwealth Bank (ASX:CBA) reports, US markets mixed, ASX to open positive The rotation rally continued on Wednesday as investors adjusted portfolios to what appears to be a sooner than expected return to normal. Every sector

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ASX rallies on vaccine news

ASX rallies on vaccine news, cyclical rotation in full flight, Westfield (ASX:URW) jumps 43.5% The ASX 200 (ASX:XJO) finished just 0.7% above open despite trading as much as 2.5% higher during the day on news of Pfizer’s (NYSE:PFE) successful vaccine

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Optimism abound, ASX up 4.4% for the week

Optimism abound, ASX up 4.4% for the week, Macquarie (ASX:MQG) profit falls 32% The week finished where it began, the ASX 200 (ASX:XJO) adding 0.8% taking the gain to 4.4% with every sector finishing the week higher.  The key driver was real estate (+8.3%)

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Biden now likely to win Presidency

ASX finishes flat, Biden now likely to win Presidency, Woolworths (ASX:WOW) continues to pivot The ASX 200 (ASX:XJO) finished broadly flat for the day, oscillating between a loss of 1.5% to a slight gain as initial election results filtered through. 

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The real value of financial advice is 5.2% p.a.

Delivering value in spades It has been a difficult few years for financial advisers following the Royal Commission. The Commission uncovered some long-standing issues that were predominantly associated with the vertical integration of advice and investment management, resulting in a

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ASX worst week since April, AMP under offer

ASX stumbles to worst week since April, AMP (ASX:AMP) under offer, Resmed (ASX:RMD) upgrades earnings The ASX 200 (ASX:XJO) delivered its worst week since April, falling 3.9% after Friday’s 0.5% weaker close.  That said, it was a strong month given the background

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ASX stocks down 0.2%

ASX stocks down 0.2%, ‘Go long’ says star investor Bill Ackman, Ramsay Healthcare (ASX:RHC) reports, positive open ahead

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