Changes are happening - please bear with us while we update our site.

Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.

My 3 key ASX takeaways from the week

The S&P/ASX 200 (ASX: XJO) finished lower over the five days while US markets struggled to another negative week.

Here are my three key investor takeaways from the week.

Money on the sidelines

My first takeaway leans on the comments of ‘Coppo’, the well-known stockbroker in investment circles. In his daily newsletter, he highlighted that as much as $84 billion could be looking for a home on the ASX in the next six months.

The combination of takeovers, share buybacks and special dividends suggests investors will be flush with cash. One of the less appreciated events in markets is the fact that the institutional investors who own a company being taken over are ultimately forced to reinvest that capital into the equity market, which should see some support if the market continues to weaken.

Death of forecasting

The week’s unemployment rate continues to evidence the great divide between the real world and the financial statistics.

It is abundantly clear to those in the ‘real economy’ that there is significant pain, yet economic statistics continue to show incredibly low unemployment rates and a strong economy.

There remains a consensus among ‘experts’ that spending will snap back quickly after lockdowns, but I wouldn’t be so sure.

Reinvesting in yourself

Bramble’s (ASX: BXB) double-digit fall during the week once again highlights the issue of short-term management and a focus on dividends.

The CEO who had been in place for five years admitted to focusing too much on short-term performance targets, leading to higher dividends and buybacks, and not reinvesting in the company. A lesson for many Australian businesses.

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.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.


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

Powered by

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

Skip to content