Share Market Wrap 22nd August 2008

[youtube][/youtube] With the significant pull backs in the market of late, the managed funds have commenced their old clichés’ of ‘time in the market’ rather than ‘timing the market’ in an attempt to allay investor’s fears. The issue I have with this is that ‘time in the market’ is probably the most perpetuated myth in  […read more]

Share Market Wrap 19th August 2008

[youtube][/youtube] Reporting season is always interesting and so far it has not let us down. On Wednesday the Commonwealth Bank announced a $4.7 billion dollar profit, which equates to a massive $90 million dollars per week. Now call me cynical, but over the last 12 months the banks have informed us how hard they have  […read more]

Share Market Wrap 11th August 2008

[youtube][/youtube] This week the reserve bank has hinted at a possible rate cut in the near future, and with oil prices falling heavily over the past few weeks, it appears as though the table may be turning for consumers. While it is still too early to determine whether the worst is over, any reduction in  […read more]