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ALL ORDINARIES Index Rises, Wesfarmers (WES) Up

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.34% at lunch. 

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.34% at lunch.

One of the largest contributors to the rise of the index is Wesfarmers Ltd (ASX: WES), the conglomerate is up by 1.25%, CSL Limited (ASX: CSL) has also gone up by 1.49%.

Domain Holdings Australia Ltd (ASX: DHG) is up 1.1% this morning after appointing the ex-Google Australia boss as its new CEO.

The Reece Ltd (ASX: REH) share price has fallen 0.5% after announcing it has completed its US acquisition.

A2 Milk Company Ltd (ASX: A2M) shares are 4.63% higher after extending its supply agreement with Synlait Milk Ltd (ASX: SM1), which is up 1.6%.

The share price of funeral business Invocare Limited (ASX: IVC) is up 2.1% after making another regional acquisition.

Another business announcing an acquisition today was Sonic Healthcare Limited (ASX: SHL), it’s expanding in Germany after making a purchase of an operator that serves three German cities with revenue of around 20 million euros.

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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