Venture Egg Financial Services

More than $1.1 trillion in value was wiped out of the markets in the last 24 hours. Sounds scary right? Context is important though. Right now the world is watching interest rates, watching China show weaker positions each day and watching the US to see which way the elections will swing. This type of behaviour is typical of a herd mentality, everyone watching each other and then panicking as soon as they think they will miss out on an opportunity to get in or out at the wrong time. What we are seeing here, is the markets reacting to uncertainty by reducing their positions in the market and likely switching to something less volatile until the indicators show safety as a more likely outcome. Volatility like this can either be a good thing or a bad thing, depending on your investment horizon. People that have longer left before they want to finish up investing, like superannuation investors may see this as a good chance to buy whilst everything is "on sale" and those with less time may see this as a time to cut their losses and exit too. Context is key. "The time to buy is when there's blood in the streets." - Baron Rothschild ** Please keep in mind this is not financial advice, the information in this post is general in nature and does not take into account any personal situation and you should always consult a licensed financial professional before you make any financial decisions you are unsure about.

That's a wrap on FY24. While artificial intelligence (AI) dominated the disruptive landscape and was a material contributor to return, there were a number of other important companies outside of AI giant Nvidia and the so-called Magnificent Seven. The largest contributors to the Fund were also the two largest holdings; Qualcomm and Taiwan Semiconductor Company (TSMC). The weights in these companies are a function of the investment team’s conviction in the business models, coupled with the comfort provided by the valuation. Holdings continue to be managed with an eye to the disruptive trends at play which have been the touchstone of investment performance over the ten years. Check out the full Article: https://lnkd.in/g3pTW76c

Things are getting tougher all across the board for Australians and the same goes for our friends and families overseas. Whilst we are facing similar situations, not everyone can weather this storm the same.The one thing everyone can do is check in on your neighbour and make sure they have enough in their bowls. It's never a bad time to check in on your financial health and if you have any wisdom to give or take from your interactions you should share that with your loved ones. Finance is complicated enough without gatekeepers making it less accessible for all. Remember to check in with a financial professional to verify anything you hear that you don't understand, the simplest changes can make a massive difference even just in the way you invest your superannuation. Industry funds are celebrating "Growth" investment options hitting double digit returns for a single year whilst your average S&P index ETF is hitting double this for the year and averages this for the last 5 years running. There is better out there, don't be afraid to ask the questions.