You are viewing:-
you're reading...
1.Market Observations, 2.Strategy, 8.Was Sticky

11 Mar 2017 (AFR) – Rates are rising but dividend yields are still too good to give up – Chase for income drives sharemarket spike in bank stocks

(11 March 2017, AFR, p26, by Philip Baker)

‘Talk to anyone over 60 years of age with one eye on retirement and the conversation quickly turns to income, especially now that interest rates are so low. For sure, it looks like rates are heading higher, but exactly when, and how high they go, is still very uncertain. With the official cash rate at a record low 1.5 per cent, it could double and still be way below its long term average. Which brings us to dividends. One reason why there was such a spike up in the sharemarket on Friday was the hunt for income.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: