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My 3 key investor takeaways from the week

The S&P/ASX 200 (ASX: XJO) hit another record high on Friday while US markets closed out their fourth straight month of gains.

As per usual, here are my three key investor takeaways from the week.

Gold back in fashion

Whilst all the attention in 2021 has been on crypto, gold bullion has quietly come back into fashion in recent weeks.

The commodity has rallied from USD$1,780 at the beginning of the month to over US$1,900 today as investors grow wary of clear bubbles in many asset classes and the perceived threat of inflation.

I have long been a proponent of gold for its diversification benefits, which is once again being appreciated by markets.

Featured video: Owning the GOLD, TECH & FANG ETFs

Landmark day for climate

Many are calling the week a ‘landmark’ for the decarbonisation movement, with two significant events occurring.

The first was a Dutch court ruling that Royal Dutch Shell (LON: RDSB), which is said to contribute 2% of all pollution, must abide by the Paris Climate Accords and cut emissions at twice the level they are currently targeting.

Exxon Mobil (NYSE: XOM) on the other hand saw a mutiny at its annual meeting with a small environmental activist group gaining two board seats on the giant company with the aim of pushing for larger investment in renewables.

Rich get richer

Finally, turnover on the world’s richest remained hot last week with the founder of Louis Vuitton Moet Hennessy (EPA: MC) overtaking Amazon (NASDAQ: AMZN) founder Jeff Bezos as his shareholding moved above US$190 billion.

In Australia, it was our two largest iron ore miners, Gina Rinehart and Twiggy Forrest with $58 billion in wealth combined.

The Golden Rules of Investing

We might be experts in retirement, but with combined financial advice experience of 35+ years, we’ve nearly seen it all. 

In mid-2023, our senior team at Wattle Partners Financial Planning put the finishing touches on a brand-new report “The Golden Rules of Investing“.

In this free report, we outline the key principles that determine all of the portfolio construction and investment decisions of Wattle Partners. Collated over decades, this paper should be seen as a work-in-progress, constantly under review in light of the ever-evolving nature of markets. 

You’ll find the free report on my Author page. Simply click the button below to view the Golden Rules.

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Disclosure: At the time of publishing, the author of this article does not have a financial or commercial interest in any of the companies mentioned.

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Wattle Partners is a financial advice firm, servicing clients around Australia, specialising in retirement planning (pre and post retirement). 

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