ASX Bank Shares
Why Macquarie (ASX:MQG) shares may face slowing banking growth
Macquarie Group Ltd (ASX:MQG) shares have done, it’s up 40% in three years. But, banking competition is now hurting growth.
July 5, 2023
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
Macquarie Group Ltd (ASX:MQG) shares have done, it’s up 40% in three years. But, banking competition is now hurting growth.
Johns Lyng Group Ltd (ASX:JLG) shares are currently in a trading halt as it raises money to make two acquisitions.
After receiving an attractive takeover offer, the Costa Group Holdings Ltd (ASX:CGC) share price has jumped 11%.
The Volpara Health Technologies Ltd (ASX:VHT) share price has gone up after the ASX healthcare share revealed a solid business update.
I think that some ASX shares are going to be able to outperform the ASX 200 (ASX: XJO) in FY24 and the longer-term.
Some great ASX dividend shares are available for Aussies to generate investment income from, including LICs and ETFs.
I reckon that ETFs are one of the easiest and best ways to build financial strength. This is about two ETFs I’d buy in July.
The Telstra Group Ltd (ASX: TLS) share price looks like an effective long-term ASX 200 (ASX: XJO) investment because
We’re about to tick over into the next financial year. It’s a great time to buy ASX growth shares like Volpara (ASX:VHT).
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