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FIRSTLINKS News & Analysis

Only 2.4% of companies deliver all net shareholder wealth
Stocks
Only 2.4% of companies deliver all net shareholder wealth
Over decades, relatively few companies generate all the stockmarket's outperformance. Is this an argument for passive investing or does it prove...
Graham Hand | 23 April 2024
7 rules for a happy life from Berkshire's Charlie Munger
Personal Finance
7 rules for a happy life from Berkshire's Charlie Munger
The legendary investor says if you don't relish managing your own investments, leave it to others and find something else to enjoy.
Graham Hand | 16 April 2024
30-year chart is pointer to retirement outcomes
Retirement
30-year chart is pointer to retirement outcomes
A healthy couple entering retirement can expect at least one of them to live for 30 more years. What do the 30-year asset performance charts say...
Graham Hand | 04 April 2024
A capital gains tax discount is legitimate but how much?
Personal Finance
A capital gains tax discount is legitimate but how much?
Like negative gearing, discounted capital gains tax, is criticised for giving investors an edge over first-home buyers. A discount is justified but...
Graham Hand | 27 March 2024
Blending active and passive into a winning portfolio
Markets
Blending active and passive into a winning portfolio
When looking at long-term equity index charts, it’s easy to forget the individual stocks underpinning the indices don’t move as a unified...
Duncan Burns | 12 December 2023
Things I’m thankful for as an investor
Personal Finance
Things I’m thankful for as an investor
Successful investing is grounded in the accumulation of wisdom.
Mark LaMonica, CFA | 22 November 2023
New tax gives incentive to move money out of super
Retirement
New tax gives incentive to move money out of super
The new super tax is a heavy surcharge on long-term investments because most of the gains from growth assets come from value gains which are mainly...
Ashley Owen | 04 October 2023
ETFs vs. managed funds: the Australian David and Goliath
ETFs
ETFs vs. managed funds: the Australian David and Goliath
In Australia, David is ETFs valued at only 3% of the Goliath of managed funds, yet when we report ETF flows and characteristics as representing the...
Graham Hand | 22 June 2023
What you should know about retirement income
Retirement
What you should know about retirement income
Here are five tips to help you better manage your retirement savings.
Kaye Fallick | 15 June 2023
Wealth of Experience Podcast | Season 2, Episode 1
Personal Finance
Wealth of Experience Podcast | Season 2, Episode 1
$3m super tax; Aussie large cap headwinds; Energy transition issues.
James Gruber | 15 June 2023