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ALL ORDINARIES Index (XAO) Up, CYBG (ASX:CYB) Share Price Rocketing

Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.82% at lunch.

Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.82% at lunch.

The CYBG Plc (ASX: CYB) share price is going nuts, it’s up another 8% today and it has gone up over 33% in the past week with a Brexit deal seemingly getting closer.

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Annuity provider Challenger Ltd (ASX: CGF) announced its September 2019 quarter update with an increase in assets under management (AUM) of around 3% to $84 billion, sending the share price up almost 5%.

The Rio Tinto Limited (ASX: RIO) share price is up 0.6% with the large iron ore miner announcing higher production than last year in its September quarter release.

Discount retailer Reject Shop Ltd (ASX: TRS) has seen its share price fall 2.3% despite a return to slight growth of its comparable sales.

OZ Minerals Limited (ASX: OZL) shares are up 0.5% after the gold and copper miner increased its FY19 guidance in its September 2019 quarter update.

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$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.

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Picture of Jaz Harrison

Jaz Harrison

Jaz is a Staff Writer for Rask. She is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.
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