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ALL ORDINARIES Index Drop, CBA Shares Down

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.02% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently down 0.02% at lunch.

The Commonwealth Bank of Australia (ASX: CBA) share price is down 1.11% after announcing that it will divest its Colonial First State business, its financial advice business and mortgage broker Aussie Home Loans.

Metcash Limited (ASX: MTS) shares are up 4% after announcing its full year result and increasing its dividend.

After announcing that it was restructuring its debt, Vocus Group Ltd (ASX: VOC) shares are down 1.2%.

The Australian Pharmaceutical Industries Ltd (ASX: API) share price is up 5.68% after announcing it is making a sizeable acquisition.

Credit Corp Group Limited (ASX: CCP) is up 3.84% after receiving a negative research about it surface last week.

Shares of Ramsay Health Care Limited (ASX: RHC) are down 1.76% after downgrading its profit guidance for FY18.

The worst fall in the ASX200 today so far is Greencross Limited (ASX: GXL), it’s down 2.84%.

Did you know Warren Buffett was a millionaire in his late 20’s but ‘only’ worth $300m at his 50th birthday? Now he is a $US84 billion investor.

That means he made 99% of his wealth after turning 50! How does a 50-year-old do that? Download the free Aussie investing ebook, “What Buffett’s Investing Checklist Can Teach Aussie Investors“ when you join the free Rask Group Investor Club Newsletter. You’ll get insights into the 4 steps Buffett uses to pick his investments.

Click here to join The Rask Group’s Investor Club Newsletter and Download The Ebook!

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account.

(Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

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