20 Jul 2023
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
The news has been good for investment portfolios heavily weighted to growth assets (specifically Australian listed companies and international listed companies) over the past 12 months to 30 June 2023 with most returning over 10% after costs and before tax.
What is driving this?
Inflation or more precisely inflation is falling in both the developed World and emerging World and is forecast to drop lower but not for the emerging World.
Click for chart.
If this trend proves correct then asset price returns will continue to improve but the future is always an unknown.
This is why we adhere to Benjamin Graham’s value investing principles which teach us to remain invested according to our appetite for volatility and look to buy more quality assets when prices fall.
If you have family, friends or colleagues that want financial advice please ask them to contact us and we will work out how best to help.
At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me or to call me on +61 2 9267 2322.