Paying just 15% contribution tax instead of your marginal tax rate sounds like a generous incentive to save for your retirement in a superannuation fund. Looking more closely however, might you be better off paying full income tax, and not… Read More ›
This post is a sequel to two others featuring the leading market index, the All Ordinaries Index, (XAO) written 06/02/18, and five weeks ago on the 08/04/18. https://technicality.me/2018/04/08/all-ordinaries-index-xao-update/ Since the latter post, suggesting that the index was finding support at… Read More ›
The misleading political allegation that since superannuation funds do not pay tax, retirees should not receive cash imputation credits, prompted me to research the accuracy of the statement. I have resourced the information in the summary below from Trish Power’s… Read More ›
There is a memorable trading epigram that although lacking in rationale, seems to often prove empirically to be good advice. “Sell in May and go away” No one knows who coined the saying and why, but it may have come… Read More ›
As shown in the Metastock candlestick chart below, (with ASX data supplied by Paritech), AGL Energy has proved to be an excellent portfolio selection for retail investors, rising from a low of $12.55 on the 12/12/2014, to a high… Read More ›
The first round of hearings of The Banking Royal Commission commenced on the13th March 2018 and in the 6 weeks since then it is finance management company AMP that has been more severely impacted by adverse revelations, than the big… Read More ›
CSL Limited has rarely disappointed retail shareholders with a simple buy and hold strategy, even when other stocks were being savaged as in the Global Financial Crisis (GFC). Yet the share-price trajectory of CSL is not always upwards. Inevitably… Read More ›
The Metastock chart below has been divided into four zones of price action by four perceived horizontal support/ resistance levels. Of the four, only zone 1 could be regarded as constituting a conventional trading zone with about 6 months of… Read More ›
The privatisation of Telstra was a financial bonanza for the Howard/ Costello government. The first tranche alone, selling 33% of the government’s telecommunications enterprises, raised A$14 billion for federal coffers. Presumably the total revenue raised topped $50 billion. Along… Read More ›
It matters little that despite the drawback of incumbency, Malcolm Turnbull has stayed ahead of Bill Shorten as preferred Prime Minister since the last election. Nor is it relevant, it would seem, that the weekly Roy Morgan polls with a… Read More ›
