Can you believe that Google search is 25 years young?
Click on this video link to see what the most “clicked on” searches over the last 25 years. Movies, Sport, News and Fashion.
How did we do in 2023
Big tech is finishing out the year strong.
The Magnificent Seven i.e. Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla and Meta, have collectively watched their stocks soar by 75% this year, according to the Wall Street Journal. The remaining 493 companies in the S&P 500 increased 12%.
This S&P 7comprises 30% of the S&P 500’s market value. Wow!!!
Still, even these behemoths are under pressure to cut costs and tap into new markets to maintain their growth momentum.
The performance of the ETF’s in our tailored portfolios
As you can see from the relative performance of the ETF’s in our model portfolios, being invested overseas and heavily in the US and, in particular the technology space, has helped our investors achieve a very attractive investment return. The Australian Market represented by the VAS (Vanguard Australian share index) and the QRE (Betashares Australian resources) have been added recently to give exposure to the Australian sharemarket.
Anti Hawking Notice. You are receiving this newsletter bulletin because you have subscribed to our services in the past. You have subscribed to our online portal findmysuper.com.au or you were a member of a superannuation or retirement fund that Financial Choice provided advice to it’s members. You may also have registered with selfmanagedsuper.com.au.
Target Market Determination: We always advise clients to carefully consider the appropriateness of the product given their own knowledge of their financial situation, needs and objectives, or terms and conditions. You can read our Financial Services Guide on our website for information about our services, including the fees and other benefits. All information on our website is subject to change without notice. Please consult professional advice before you act on any of this general information.
General Advice Warning: The content of this newsletter is for the clients of Best Interest Advice and it’s other related services like Financial Choice, Find My Super and selfmanagedsuper.com.au. The content is general advice only and has not considered your personal situation or objectives and cannot be relied upon. Please consult a financial adviser to provide you with personal advice. We cannot guarantee the accuracy of this information as it is sourced from third parties and general media. All attempts to verify its contents have been made and we only rely on reputable sources. Best Interest Advice AFSL 292925. Financial Choice is a business name registered to Best Interest Advice P/L. Any advice and information is provided by Best Interest Advice Pty Ltd AFSL No. 292925 and is general in nature. It hasn’t taken your financial or personal circumstances into account. It’s important to consider your particular circumstances and read the relevant product disclosure statement. Please consult our office to provide you with personal advice if you would like. To make an appointment please click on the link financialchoice.com.au5 million Aussies in last 4 months have gone overseas. Should you invest overseas as well?