I broadly think what you are saying is true but now is different to the 1980s and 1990s. There are now so many low cost ETFs available that will reliably give you almost the same return as the actual index. Whereas before those options were not available. So now people can genuinely approximate the market return rather than getting robbed with high fees by under-performing fund managers.Very salient story qldfrog. IMV goes to the heart of investing options generally offered to the every day punters.
In the 70's,80's, and 90's in fact all my life I have watched hosts of investment vehicles sold to millions of people as means to watch their money grow simply and painlessly. They were 10 year insurance investment schemes. Education funds for your children. Private Super schemes run by big name companies. I became very interested when I began investigating the charges and outcomes Insurance bonds and Super schemes my friends had been sold. It was clear the only people making big bucks were the sellers not the buyers
The "Financial Planning Industry" was developed in the 1980's as an "independent" advisory organisation ostensibly to help people make good decisions about where to invest their money and "make it grow". Again I saw scores- hundreds of investment opportunities sold to friends and family members as well as the broader community. Pine plantations, Jojoba Farms, Ostrich Investments, Macadamia Plantations. The list is endless. These were the agricultural side. Then there were the multitude of property investment groups promising huge returns on gilt edged mortgages. Scores of investment funds each promising a carefully curated, nimble approach to share-market investment that promised high returns .
It is all BS. Any cursory reading of ASF will throw up scores of examples of how unfit for purpose these financial vehicles have been. They certainly make money. But the money stops with dodgy investment projects sold by "independent" advisors all gaining commissions on the sales. The biggest commissions are offered y the biggest crooks.
VC and others talk of the value of compounding interest and long term investments. I have particular respect for VC and others who analyse businesses with clear eyes and forensic skill and identify quality opportunities. So certainly there are opportunities to invest wisely. But in my experience the success rate is far smaller than we would like to believe.
Share investment promotors endlessly recite the mantra of continualy increasing sharemarket indices to show that investment in shares will almost inevitably create wealth. I believe this is gross misrepresentaion of reality.
Stock Indices only measure successful stocks. All the failures get dropped off the index. Their losses are lost in history. Their place is taken by the next highrising stock. Of course the fact that a share price is $2-5-10-100 is absolutely no indication of actual profitability or long term success. But while that share is selling for $100 it is making the index look good. And a whole industry of buyers and sellers and promotors and grifters take their cut. And then it collapses and folds generally taking the "average" investors money to the grave. The "smart"money of course left years ago to jump onto the next big thing/con.
The smart money starts the company. Gives itself a 50% stake. Promotes and sells the idea. Builds an army of salespeople to sell the vision. It doesn't dirty itself with making the vision actually work or be profitable. The profit is in the sizzle not the steak.
I did that with my daughter. or similar. She worked in restaurants from 15 until uni graduation. She'd bring home superann statements of $25 or so, and every year I put in $1000 as a contribution. At the time it was matched, 1500 by the govt, then 1000 . Now the co-contribution is 500, I think.Can't you just jam $10k in a fund and let it roll for each of them now. Wasn't that the point of compounding interest.
same old bs narrative .. whilst the core story is right, most of those 'advisors' were accountants, they were unlicensed to give planning advice and were trying to spice up a tax return for one year to the client's detriment for years to come.Very salient story qldfrog. IMV goes to the heart of investing options generally offered to the every day punters.
In the 70's,80's, and 90's in fact all my life I have watched hosts of investment vehicles sold to millions of people as means to watch their money grow simply and painlessly. They were 10 year insurance investment schemes. Education funds for your children. Private Super schemes run by big name companies. I became very interested when I began investigating the charges and outcomes Insurance bonds and Super schemes my friends had been sold. It was clear the only people making big bucks were the sellers not the buyers
The "Financial Planning Industry" was developed in the 1980's as an "independent" advisory organisation ostensibly to help people make good decisions about where to invest their money and "make it grow". Again I saw scores- hundreds of investment opportunities sold to friends and family members as well as the broader community. Pine plantations, Jojoba Farms, Ostrich Investments, Macadamia Plantations. The list is endless. These were the agricultural side. Then there were the multitude of property investment groups promising huge returns on gilt edged mortgages. Scores of investment funds each promising a carefully curated, nimble approach to share-market investment that promised high returns .
It is all BS. Any cursory reading of ASF will throw up scores of examples of how unfit for purpose these financial vehicles have been. They certainly make money. But the money stops with dodgy investment projects sold by "independent" advisors all gaining commissions on the sales. The biggest commissions are offered y the biggest crooks.
VC and others talk of the value of compounding interest and long term investments. I have particular respect for VC and others who analyse businesses with clear eyes and forensic skill and identify quality opportunities. So certainly there are opportunities to invest wisely. But in my experience the success rate is far smaller than we would like to believe.
Share investment promotors endlessly recite the mantra of continualy increasing sharemarket indices to show that investment in shares will almost inevitably create wealth. I believe this is gross misrepresentaion of reality.
Stock Indices only measure successful stocks. All the failures get dropped off the index. Their losses are lost in history. Their place is taken by the next highrising stock. Of course the fact that a share price is $2-5-10-100 is absolutely no indication of actual profitability or long term success. But while that share is selling for $100 it is making the index look good. And a whole industry of buyers and sellers and promotors and grifters take their cut. And then it collapses and folds generally taking the "average" investors money to the grave. The "smart"money of course left years ago to jump onto the next big thing/con.
The smart money starts the company. Gives itself a 50% stake. Promotes and sells the idea. Builds an army of salespeople to sell the vision. It doesn't dirty itself with making the vision actually work or be profitable. The profit is in the sizzle not the steak.
Very salient story qldfrog. IMV goes to the heart of investing options generally offered to the every day punters.
In the 70's,80's, and 90's in fact all my life I have watched hosts of investment vehicles sold to millions of people as means to watch their money grow simply and painlessly. They were 10 year insurance investment schemes. Education funds for your children. Private Super schemes run by big name companies. I became very interested when I began investigating the charges and outcomes Insurance bonds and Super schemes my friends had been sold. It was clear the only people making big bucks were the sellers not the buyers
The "Financial Planning Industry" was developed in the 1980's as an "independent" advisory organisation ostensibly to help people make good decisions about where to invest their money and "make it grow". Again I saw scores- hundreds of investment opportunities sold to friends and family members as well as the broader community. Pine plantations, Jojoba Farms, Ostrich Investments, Macadamia Plantations. The list is endless. These were the agricultural side. Then there were the multitude of property investment groups promising huge returns on gilt edged mortgages. Scores of investment funds each promising a carefully curated, nimble approach to share-market investment that promised high returns .
It is all BS. Any cursory reading of ASF will throw up scores of examples of how unfit for purpose these financial vehicles have been. They certainly make money. But the money stops with dodgy investment projects sold by "independent" advisors all gaining commissions on the sales. The biggest commissions are offered y the biggest crooks.
VC and others talk of the value of compounding interest and long term investments. I have particular respect for VC and others who analyse businesses with clear eyes and forensic skill and identify quality opportunities. So certainly there are opportunities to invest wisely. But in my experience the success rate is far smaller than we would like to believe.
Share investment promotors endlessly recite the mantra of continualy increasing sharemarket indices to show that investment in shares will almost inevitably create wealth. I believe this is gross misrepresentaion of reality.
Stock Indices only measure successful stocks. All the failures get dropped off the index. Their losses are lost in history. Their place is taken by the next highrising stock. Of course the fact that a share price is $2-5-10-100 is absolutely no indication of actual profitability or long term success. But while that share is selling for $100 it is making the index look good. And a whole industry of buyers and sellers and promotors and grifters take their cut. And then it collapses and folds generally taking the "average" investors money to the grave. The "smart"money of course left years ago to jump onto the next big thing/con.
The smart money starts the company. Gives itself a 50% stake. Promotes and sells the idea. Builds an army of salespeople to sell the vision. It doesn't dirty itself with making the vision actually work or be profitable. The profit is in the sizzle not the steak.
when it comes to companies in the index going going out of business, generally it doesn’t affect the model of the index, because the company will just leave the index and be replaced by one of a similar value.Very salient story qldfrog. IMV goes to the heart of investing options generally offered to the every day punters.
In the 70's,80's, and 90's in fact all my life I have watched hosts of investment vehicles sold to millions of people as means to watch their money grow simply and painlessly. They were 10 year insurance investment schemes. Education funds for your children. Private Super schemes run by big name companies. I became very interested when I began investigating the charges and outcomes Insurance bonds and Super schemes my friends had been sold. It was clear the only people making big bucks were the sellers not the buyers
The "Financial Planning Industry" was developed in the 1980's as an "independent" advisory organisation ostensibly to help people make good decisions about where to invest their money and "make it grow". Again I saw scores- hundreds of investment opportunities sold to friends and family members as well as the broader community. Pine plantations, Jojoba Farms, Ostrich Investments, Macadamia Plantations. The list is endless. These were the agricultural side. Then there were the multitude of property investment groups promising huge returns on gilt edged mortgages. Scores of investment funds each promising a carefully curated, nimble approach to share-market investment that promised high returns .
It is all BS. Any cursory reading of ASF will throw up scores of examples of how unfit for purpose these financial vehicles have been. They certainly make money. But the money stops with dodgy investment projects sold by "independent" advisors all gaining commissions on the sales. The biggest commissions are offered y the biggest crooks.
VC and others talk of the value of compounding interest and long term investments. I have particular respect for VC and others who analyse businesses with clear eyes and forensic skill and identify quality opportunities. So certainly there are opportunities to invest wisely. But in my experience the success rate is far smaller than we would like to believe.
Share investment promotors endlessly recite the mantra of continualy increasing sharemarket indices to show that investment in shares will almost inevitably create wealth. I believe this is gross misrepresentaion of reality.
Stock Indices only measure successful stocks. All the failures get dropped off the index. Their losses are lost in history. Their place is taken by the next highrising stock. Of course the fact that a share price is $2-5-10-100 is absolutely no indication of actual profitability or long term success. But while that share is selling for $100 it is making the index look good. And a whole industry of buyers and sellers and promotors and grifters take their cut. And then it collapses and folds generally taking the "average" investors money to the grave. The "smart"money of course left years ago to jump onto the next big thing/con.
The smart money starts the company. Gives itself a 50% stake. Promotes and sells the idea. Builds an army of salespeople to sell the vision. It doesn't dirty itself with making the vision actually work or be profitable. The profit is in the sizzle not the steak.
Why are you not well?And I won't be here to find out.
same old bs narrative .. whilst the core story is right, most of those 'advisors' were accountants, they were unlicensed to give planning advice and were trying to spice up a tax return for one year to the client's detriment for years to come.
The planning and advice side came out of the insurance industry, where trailing commissions were the norm. But clients accepted it, / disclosure was minimal, due to a dislike of paying a fee for service.
This is a good question. However young people today have massive amounts of opportunities that we never had. One of them being the easy access to everyone in the world through various tech platforms..
How would a 20 year old today achieve this financial independence ? The current parameters of life to consider are
Happy New Year everyone
2024 opens with many challenges for most.
Following the discussion on one of the housing threads I feel that there is
a great deal more that needs to be considered by everyone who chooses to live
in western society. Getting a job is generally the first consideration after we finish
our education at what ever level we wish to or are able to attain.
Our aims are to live comfortably.
Own a home, have a family , enjoy the best quality of life we can including all
many of the toys — then retire comfortably enjoying the fruits of our endeavour.
But from experience most don’t consider what they need for retirement
Forced or chosen.
Further often they under estimate what they will need particularly a couple.
So very very few will attain all. Statistically under 5% ( depending on your
opinion of what financial independence is particularly after 10 or so years
of retirement)
These are questions which need serious consideration
Not just pontification but answers —- better still a blueprint.
So how much do we need and how do we get there ?
With housing being unobtainable to many disposable retirement income
is nothing but an impossibility.
To some it will prove to be correct.
But to others it will be possible in fact I believe most —- with a well thought out
blueprint —- you can have it all but not without effort And thinking well out of
your square.
I have a blueprint which I’ll present including the why and how (Many know
I have a lot of property BUT the blueprint goes well beyond that.)
I encourage those here who are living or organising their blueprint to take part
in this thread. You wouldn’t have found your way to ASF unless you wanted to
invest in your financial future! So let’s help build the future we all want our selves
and our families to live.
Let’s make 2024 the start for some and the continuation for others to financial
freedom .
tech
So it turns out, to your surprise – and possibly to your horror – you will be reaching retirement age in about ten year’s time.
You have never really thought about it, you’ve never really done the numbers.
You thought it was miles away and now, well, it’s looming as a financial crossroads and you don’t know where to turn.
Relax, you have time on your side. What’s more, you most certainly do not have to have $1m or any other number the “retirement calculators” come up with in terms of your expected needs in the years ahead.
Rather you need to set your sails to optimise your plans for the coming decade. Here’s your ready made checklist
Unless you’re exceptionally organised you have probably not noticed how the Superannuation Guarantee (SG) has crept up in recent years.
Since July 2023 you have been paying 11 per cent of your salary into super. On the basis you’ve managed it so far with little real struggle, perhaps you could volunteer a little more – money which is ‘salary sacrificed’ will compound in the years ahead, bolstering your retirement savings.
The super tax concessions we have in our market remain very useful, as you can contribute up to $27,500 per annum before tax into super and this money will be taxed at just 15 per cent compared to whatever your income tax rate may be now.
Remember the number – $27,500 – is the total pre-tax contribution allowable. You must subtract whatever the SG was for your salary, and then the gap between this number and $27,500 is how much extra you can contribute per annum.
Go one further and make an after-tax contribution
If you really want to build up your super, you can still get a lot in to your fund post-tax. It may hurt to lose some of the money available to you, but once your post-tax contribution gets inside the super system it will work more effectively towards underpinning your retirement.
Remember, you can still have up to $1.9m in super before the earnings on your savings are hit with tax.
The annual post-tax cap is now at $110,000, and there is no one-off 15 per cent contribution tax attributed to this money, as you have already paid tax on it.
Keep pension access in mind
There is every chance you qualify for some pension payment even if you have a reasonable level of savings, as our system is tiered and the value of your home is not fully assessed when it comes to eligibility tests.
Put it this way, 62 per cent – a solid majority – of Australians have some form of pension access. On top of this, if you do qualify for the pension in any way, even for a tiny sum (let’s say $1 a fortnight) then you qualify for the Commonwealth Seniors Health Card (CSHC), which offers a range of discounts on health-related costs.
It is estimated more than 85 per cent of all senior Australians qualify for the CSHC.
The income threshold for the card has risen substantially in recent times: it is now $95,400 for singles and up to $152,640 for couples.
No wonder it’s available to almost everyone.
Consider downsizing
The popular federal home downsizer scheme is designed to make it more attractive for older Australians to leave the large family home and move to something a little more compact through the provision of a superannuation tax break.
In the past many people were not able to put money from the sale of the family home into super due to certain limits. This has changed and every person who sells their home over the age of 55 can make a one-off $300,000 tax free contribution to super which stands outside all existing super rules.
The deal is per person, so a couple could contribute $600,000.
In reality, the hard part of downsizing is the psychological and logistic toil of moving house – it might seem like a big deal to move house ten years before retirement, but by the time you actually reach retirement it might all just be too hard.
Asset allocation (if a fund manages your money)
If you are an active investor – even if your money is inside an industry or retail fund – then it will make a lot of sense to review your super.
At an elementary level this could simply mean comparing the performance of your fund against other funds to make sure you are not investing each year in a dud fund.
You could begin the process with YourSuper comparisons at www.mygov.au.
Then, if you wish to dig a little deeper, you can review whether the asset allocation of your fund is appropriate for your age – this should be available on your own fund’s website.
The textbooks would suggest your allocation (or distribution of the money) should be 60 per cent “growth” and 40 per cent “defensive” by the time of your retirement. This is a general rule, and it is often debated, but it remains a sound basis to work with a decade before retirement.
Asset allocation (if you do it yourself)
If you have a self-managed super fund then regardless of how well you might think you have managed your fund it might be time to sit down with an adviser and do a general review.
Over the past few years there has been a push inside the finance industry to get independent investors to move more into alternative investments, such as private equity.
Ironically though, as we review 2023, most big fat returns came from public equity – otherwise known as shares – especially the US.
Similarly, despite earnest entreaties for Australian investors to put their money into bonds, there have been disappointing total returns for most of the last three years.
Shares, property and cash have been the backbone of Australia SMSF and it has worked well for most people most of the time.
If you are going to diversify in the ten years before you retire, do it incrementally and very carefully.
Do everything you can to pay off your mortgage
Unfortunately, when we read about how much you should have to finance a comfortable retirement it is always on the assumption that you own your house outright. In its recent review of the perennial question ‘How much should you have in super?’ The Association of Superannuation Funds Australia produced a set of widely debated assumptions.
Put simply, there are two levels:
First is the “modest” retirement. The calculation is $100,000 in savings at age 67 is needed for either a single or couple, in reality most of the retirement income will come from the age pension.
The second level is a ‘comfortable’ retirement. The calculation being at age 67 a couple will need $690,000 of savings for a comfortable retirement, and a single person $595,000.
But here’s the thing. The number of Australians retiring with a mortgage is approaching 30 per cent – remember the value of your home is effectively irrelevant for the assessment of your pension qualification – so pay off that mortgage if possible.
Optimise high deposit rates while you can
Nobody knows where rates are headed to in 2024, but the consensus is they will start to drop in the second half of the year. If that is the case, then it is as good as it gets for cash in the bank.
What’s more, it is difficult to undervalue the peace of mind for a retiree in having “risk-free”, guaranteed money, which is what is on offer when we put cash on deposit in any bank or Authorised Deposit Taking Institution (ADI).
There are still two-year fixed deposit deals in the market at close to 5 per cent – if official rates fall from their current level of 4.35 per cent the banks will cut their own rates very quickly. In that circumstance, today’s deposit rates are going to look relatively attractive.
Rainy day money
Financial advisers call this the financial reserve, or, when they are talking to so-called high net worth individuals, “the liquid account”. It is a store of money you keep for emergencies so the emergencies do not knock out your larger plans when they occur.
As a very general rule you should keep three to six months worth of ongoing expenses free in a separate account.
For pre-retirees, the liquid account is particularly relevant because you may have to retire earlier than planned and you don’t want to be caught with “sequence risk”.
Don’t expect your ten year plan to work out perfectly
Everyone in finance gets a lot wrong all the time – it’s not the exception, it’s the rule. The markets, like life itself, are full of surprises. But, if you can get your direction right then the rewards should be well worth it.
JAMES KIRBY
WEALTH EDITOR
I reckon if I had to start again at 14 with zero I would be able to do it again, probably not as high or as fast as I did this time, but I think it’s still not to hard.Its a very interesting thread and certainly posters are sharing their experience at creating financial success and independence.
Obviously "we" , those who are posting, are the success stories. Whether it was starting 60-70 years years ago, developing careful habits, creating successful investment strategies and perhaps a dose of good fortune, at this stage we can talk about the financial success of our lives.
The question posed by Tech/a is more contemporary.
How would a 20 year old today achieve this financial independence ? The current parameters of life to consider are
1) New Housing costs are 7 times average fulltime weekly earnings. ie 7 x $80k $560 k. (and is that even realistic now ?)
2) Rental costs are $300 PW if shared.
3) Actual wages will be much lower than $80k and probably part time
4) If doing a Tertiary course expect to come out with a $50k debt
5) Parents have a job and house and that's about it. They could help with a few k if absolutely necessary. They might be able to keep you at home - unless another sibling (have 2) is also in trouble.
6) You might get an inheritance in the long term future of around 30% of the house value. That assumes nothing goes pear shaped in the next 40 years
I wouldn't like to be facing that scenario.
Why are you not well?
no a similar market cap, the company intrinsic value can be very different as can the expected returns over it's predecessorwhen it comes to companies in the index going going out of business, generally it doesn’t affect the model of the index, because the company will just leave the index and be replaced by one of a similar value.
so how do explain the recent rash of Buy-Now-Pay-Later companies that graced that index,or maybe Linc Energy which at one stage entered the top 200 before moving o the Singapore exchange and fading in obscurityAgain you post misinformation. I don't know if it is deliberate or you a doing it in ignorance. I suspect the latter. The ASX indices are not popularity devices. It depends on the index provider used, under licence, by the index fund. This is from an index provider's published methodology.
View attachment 168441
| S&P/ASX 200 Health Care Equipment & Services (Industry Group) |
| S&P/ASX 300 Health Care Equipment & Services (Industry Group) |
| S&P/ASX SMALL INDUSTRIALS |
| S&P/ASX SMALL ORDINARIES |
| All Ordinaries |
| S&P/ASX 200 INDUSTRIAL |
| S&P/ASX 300 INDUSTRIALS |
| S&P/ASX 300 |
| S&P/ASX 200 |
| SORTDATE INASCENDINGORDER | SORTOPEN $INASCENDINGORDER | SORTHIGH $INASCENDINGORDER | SORTLOW $INASCENDINGORDER | SORTCLOSE $INASCENDINGORDER | SORTCHANGE $INASCENDINGORDER | SORTCHANGE %INASCENDINGORDER | SORTVOLUMEINASCENDINGORDER |
|---|---|---|---|---|---|---|---|
| 05/01/2024 | 92.000 | 92.100 | 89.740 | 90.480 | -0.800 | -0.88 | 123,713 |
| 04/01/2024 | 93.800 | 93.800 | 91.160 | 91.280 | -2.670 | -2.84 | 167,876 |
| 03/01/2024 | 94.690 | 94.900 | 93.890 | 93.950 | -2.350 | -2.44 | 103,073 |
| 02/01/2024 | 95.490 | 96.635 | 95.460 | 96.300 | 0.470 | 0.49 | 81,891 |
| 29/12/2023 | 96.500 | 96.750 | 95.290 | 95.830 | -0.670 | -0.69 | 163,599 |
| 28/12/2023 | 96.000 | 96.690 | 95.570 | 96.500 | 0.890 | 0.93 | 93,765 |
| 27/12/2023 | 95.500 | 96.180 | 94.560 | 95.610 | 0.910 | 0.96 | 138,931 |
| 22/12/2023 | 93.090 | 94.830 | 92.670 | 94.700 | 1.330 | 1.42 | 118,473 |
| 21/12/2023 | 93.340 | 93.940 | 92.550 | 93.370 | 0.290 | 0.31 | 191,997 |
| 20/12/2023 | 95.000 | 95.100 | 92.890 | 93.080 | -0.310 | -0.33 | 211,572 |
| 19/12/2023 | 93.180 | 94.360 | 92.310 | 93.390 | 1.630 | 1.78 | 308,597 |
| 18/12/2023 | 93.890 | 94.530 | 91.680 | 91.760 | -1.680 | -1.80 | 205,252 |
| 15/12/2023 | 93.910 | 95.680 | 93.440 | 93.440 | 0.180 | 0.19 | 806,773 |
| 14/12/2023 | 92.980 | 94.000 | 92.350 | 93.260 | 0.880 | 0.95 | 207,139 |
| 13/12/2023 | 91.680 | 92.400 | 90.600 | 92.380 | 0.810 | 0.88 | 301,627 |
| 12/12/2023 | 90.610 | 91.990 | 90.370 | 91.570 | 0.960 | 1.06 | 272,891 |
| 11/12/2023 | 89.460 | 90.730 | 89.180 | 90.610 | 1.430 | 1.60 | 208,869 |
| 08/12/2023 | 88.990 | 89.860 | 88.570 | 89.180 | 0.000 | 0.00 | 139,843 |
| 07/12/2023 | 89.160 | 90.620 | 88.740 | 89.180 | -0.260 | -0.29 | 190,523 |
| 06/12/2023 | 89.460 | 89.930 | 88.905 | 89.440 | 0.190 | 0.21 | 188,030 |
| 05/12/2023 | 87.990 | 89.380 | 87.570 | 89.250 | 1.070 | 1.21 | 219,065 |
| 04/12/2023 | 88.720 | 88.980 | 87.450 | 88.180 | 0.120 | 0.14 | 127,310 |
| 01/12/2023 | 87.540 | 88.630 | 87.280 | 88.060 | -0.350 | -0.40 | 147,345 |
| 30/11/2023 | 88.510 | 89.130 | 87.890 | 88.410 | -0.320 | -0.36 | 259,913 |
| 29/11/2023 | 87.620 | 89.080 | 87.420 | 88.730 | 1.320 | 1.51 | 149,937 |
| 28/11/2023 | 87.010 | 88.670 | 87.010 | 87.410 | 0.420 | 0.48 | 134,126 |
| 27/11/2023 | 87.960 | 88.800 | 86.750 | 86.990 | -1.090 | -1.24 | 123,220 |
| 24/11/2023 | 88.910 | 89.900 | 88.080 | 88.080 | -0.510 | -0.58 | 211,248 |
| 23/11/2023 | 89.000 | 89.500 | 88.590 | 88.590 | 0.090 | 0.10 | 154,282 |
| 22/11/2023 | 87.680 | 88.970 | 86.770 | 88.500 | -0.570 | -0.64 | 633,355 |
| 21/11/2023 | 88.090 | 89.390 | 87.640 | 89.070 | 1.050 | 1.19 | 2,317,397 |
| 20/11/2023 | 88.290 | 88.690 | 85.800 | 88.020 | 0.480 | 0.55 | 208,708 |
| 17/11/2023 | 87.930 | 88.180 | 86.940 | 87.540 | -0.200 | -0.23 | 181,100 |
| 16/11/2023 | 86.500 | 87.900 | 85.500 | 87.740 | 0.450 | 0.52 | 149,893 |
| 15/11/2023 | 86.900 | 88.360 | 86.650 | 87.290 | 1.730 | 2.02 | 205,067 |
| 14/11/2023 | 86.720 | 86.850 | 84.935 | 85.560 | 0.290 | 0.34 | 133,803 |
| 13/11/2023 | 86.300 | 86.750 | 85.270 | 85.270 | 0.090 | 0.11 | 108,576 |
| 10/11/2023 | 84.270 | 85.660 | 84.200 | 85.180 | -0.440 | -0.51 | 92,091 |
| 09/11/2023 | 85.830 | 86.250 | 84.180 | 85.620 | 0.410 | 0.48 | 189,401 |
| 08/11/2023 | 84.500 | 85.490 | 84.500 | 85.210 | 1.110 | 1.32 | 295,200 |
| 07/11/2023 | 81.450 | 84.300 | 81.450 | 84.100 | 2.480 | 3.04 | 533,541 |
| 06/11/2023 | 82.000 | 82.990 | 81.470 | 81.620 | -0.050 | -0.06 | 108,033 |
| 03/11/2023 | 81.090 | 82.380 | 80.600 | 81.670 | 1.780 | 2.23 | 126,865 |
| 02/11/2023 | 79.400 | 80.320 | 78.830 | 79.890 | 1.490 | 1.90 | 205,994 |
| 01/11/2023 | 75.570 | 78.400 | 74.950 | 78.400 | 3.860 | 5.18 | 361,014 |
| 31/10/2023 | 76.200 | 77.210 | 74.400 | 74.540 | -1.550 | -2.04 | 254,021 |
| 30/10/2023 | 75.200 | 76.890 | 74.500 | 76.090 | 0.060 | 0.08 | 101,652 |
| 27/10/2023 | 75.860 | 78.560 | 74.750 | 76.030 | 0.170 | 0.22 | 124,338 |
| 26/10/2023 | 76.770 | 77.430 | 74.920 | 75.860 | -1.460 | -1.89 | 177,627 |
| 25/10/2023 | 77.800 | 78.520 | 76.870 | 77.320 | -0.480 | -0.62 | 134,224 |
| 24/10/2023 | 79.420 | 79.765 | 77.660 | 77.800 | -1.570 | -1.98 | 104,454 |
| 23/10/2023 | 76.980 | 79.795 | 76.840 | 79.370 | 1.210 | 1.55 | 95,176 |
| 20/10/2023 | 78.410 | 79.090 | 77.730 | 78.160 | -1.410 | -1.77 | 113,998 |
| 19/10/2023 | 79.170 | 79.950 | 77.590 | 79.570 | -0.750 | -0.93 | 187,033 |
| 18/10/2023 | 81.750 | 82.000 | 79.200 | 80.320 | -0.950 | -1.17 | 120,000 |
| 17/10/2023 | 82.990 | 83.000 | 80.910 | 81.270 | -0.990 | -1.20 | 121,807 |
| 16/10/2023 | 82.830 | 84.020 | 81.780 | 82.260 | -1.230 | -1.47 | 147,922 |
| 13/10/2023 | 83.210 | 84.960 | 82.140 | 83.490 | -0.030 | -0.04 | 151,302 |
| 12/10/2023 | 82.970 | 84.210 | 81.890 | 83.520 | 0.380 | 0.46 | 256,336 |
| 11/10/2023 | 82.400 | 83.550 | 81.000 | 83.140 | -0.400 | -0.48 | 179,717 |
| 10/10/2023 | 84.500 | 84.500 | 82.900 | 83.540 | 0.650 | 0.78 | 143,062 |
| 09/10/2023 | 83.300 | 83.400 | 82.390 | 82.890 | 0.050 | 0.06 | 109,570 |
| 06/10/2023 | 82.840 | 83.490 | 82.160 | 82.840 | -0.160 | -0.19 | 118,699 |
| 05/10/2023 | 83.110 | 83.440 | 82.000 | 83.000 | 0.600 | 0.73 | 232,227 |
| 04/10/2023 | 82.000 | 82.700 | 80.420 | 82.400 | -0.280 | -0.34 | 338,569 |
| 03/10/2023 | 83.220 | 84.000 | 82.070 | 82.680 | -1.130 | -1.35 | 313,521 |
| 02/10/2023 | 83.900 | 84.550 | 82.900 | 83.810 | 0.420 | 0.50 | 197,076 |
| 29/09/2023 | 80.890 | 83.810 | 80.630 | 83.390 | 2.220 | 2.74 | 197,592 |
| 28/09/2023 | 80.080 | 82.250 | 80.080 | 81.170 | 0.510 | 0.63 | 370,432 |
| 27/09/2023 | 79.550 | 80.710 | 79.080 | 80.660 | 0.650 | 0.81 | 382,194 |
| 26/09/2023 | 74.840 | 80.160 | 74.565 | 80.010 | 8.820 | 12.39 | 361,444 |
| 25/09/2023 | 71.500 | 71.690 | 70.880 | 71.190 | -0.480 | -0.67 | 82,520 |
| 22/09/2023 | 71.750 | 72.050 | 71.040 | 71.670 | -0.700 | -0.97 | 311,908 |
| 21/09/2023 | 71.320 | 72.650 | 71.140 | 72.370 | 0.360 | 0.50 | 158,108 |
| 20/09/2023 | 71.100 | 72.170 | 70.990 | 72.010 | 0.710 | 1.00 | 154,098 |
| 19/09/2023 | 70.910 | 71.570 | 70.670 | 71.300 | 0.380 | 0.54 | 88,825 |
| 18/09/2023 | 72.560 | 72.720 | 70.890 | 70.920 | -2.420 | -3.30 | 97,007 |
| 15/09/2023 | 73.220 | 73.770 | 72.980 | 73.340 | 1.230 | 1.71 | 275,879 |
| 14/09/2023 | 71.300 | 72.640 | 71.300 | 72.110 | 0.570 | 0.80 | 157,174 |
| 13/09/2023 | 71.820 | 72.610 | 71.290 | 71.540 | -0.800 | -1.11 | 83,122 |
| 12/09/2023 | 73.200 | 73.570 | 70.750 | 72.340 | -0.520 | -0.71 | 259,746 |
| 11/09/2023 | 72.500 | 73.200 | 72.290 | 72.860 | -0.010 | -0.01 | 115,717 |
| 08/09/2023 | 73.500 | 73.500 | 72.540 | 72.870 | -0.300 | -0.41 | 83,642 |
| 07/09/2023 | 72.800 | 73.300 | 72.320 | 73.170 | 0.210 | 0.29 | 119,013 |
| 06/09/2023 | 73.010 | 73.690 | 72.650 | 72.960 | -0.200 | -0.27 | 123,220 |
| 05/09/2023 | 72.080 | 73.160 | 71.570 | 73.160 | 0.360 | 0.49 | 160,745 |
| 04/09/2023 | 73.060 | 73.500 | 72.430 | 72.800 | -0.160 | -0.22 | 81,312 |
| 01/09/2023 | 73.500 | 73.910 | 72.300 | 72.960 | -0.360 | -0.49 | 111,947 |
| 31/08/2023 | 74.750 | 74.910 | 72.900 | 73.320 | -0.760 | -1.03 | 419,055 |
| 30/08/2023 | 74.850 | 74.850 | 73.320 | 74.080 | 0.000 | 0.00 | 118,407 |
| 29/08/2023 | 73.270 | 74.460 | 72.810 | 74.080 | 0.810 | 1.11 | 141,040 |
| 28/08/2023 | 73.140 | 73.270 | 71.790 | 73.270 | 0.750 | 1.03 | 65,496 |
| 25/08/2023 | 71.910 | 72.820 | 71.520 | 72.520 | -0.620 | -0.85 | 108,277 |
| 24/08/2023 | 72.670 | 73.480 | 72.110 | 73.140 | 1.080 | 1.50 | 128,898 |
| 23/08/2023 | 72.070 | 72.540 | 71.380 | 72.060 | -0.670 | -0.92 | 125,748 |
| 22/08/2023 | 71.200 | 72.730 | 71.030 | 72.730 | 1.580 | 2.22 | 161,012 |
| 21/08/2023 | 71.000 | 71.690 | 70.190 | 71.150 | 1.050 | 1.50 | 148,484 |
| 18/08/2023 | 69.750 | 70.600 | 68.750 | 70.100 | -0.780 | -1.10 | 244,479 |
| 17/08/2023 | 69.270 | 70.880 | 68.950 | 70.880 | 0.810 | 1.16 | 202,626 |
| 16/08/2023 | 73.310 | 73.535 | 69.300 | 70.070 | -2.440 | -3.37 | 358,478 |
| 15/08/2023 | 74.050 | 74.990 | 72.120 | 72.510 | 2.890 | 4.15 | 468,387 |
| 14/08/2023 | 68.680 | 69.620 | 68.070 | 69.620 | 0.590 | 0.85 | 176,803 |
| 11/08/2023 | 69.780 | 70.400 | 68.920 | 69.030 | -0.910 | -1.30 | 136,487 |
| 10/08/2023 | 70.760 | 70.760 | 69.260 | 69.940 | -0.980 | -1.38 | 115,409 |
| 09/08/2023 | 70.540 | 71.030 | 70.200 | 70.920 | -0.580 | -0.81 | 140,650 |
| 08/08/2023 | 70.860 | 71.500 | 70.720 | 71.500 | 0.470 | 0.66 | 131,461 |
| 07/08/2023 | 70.700 | 71.170 | 70.300 | 71.030 | 0.790 | 1.12 | 125,634 |
| 04/08/2023 | 69.650 | 70.240 | 69.120 | 70.240 | 0.340 | 0.49 | 160,172 |
| 03/08/2023 | 69.600 | 70.150 | 68.495 | 69.900 | -1.180 | -1.66 | 140,924 |
| 02/08/2023 | 70.350 | 71.600 | 69.920 | 71.080 | 2.060 | 2.98 | 232,764 |
| 01/08/2023 | 68.610 | 69.730 | 68.350 | 69.020 | 0.230 | 0.33 | 156,375 |
| 31/07/2023 | 69.960 | 70.550 | 68.370 | 68.790 | -0.490 | -0.71 | 276,388 |
| 28/07/2023 | 68.880 | 69.870 | 67.690 | 69.280 | 1.340 | 1.97 | 222,769 |
| 27/07/2023 | 67.750 | 68.800 | 67.230 | 67.940 | 0.990 | 1.48 | 156,457 |
| 26/07/2023 | 67.220 | 67.690 | 66.500 | 66.950 | 0.060 | 0.09 | 96,150 |
| 25/07/2023 | 67.500 | 67.900 | 65.890 | 66.890 | -0.120 | -0.18 | 101,144 |
| 24/07/2023 | 66.510 | 67.360 | 66.010 | 67.010 | 0.510 | 0.77 | 134,038 |
| 21/07/2023 | 65.640 | 67.070 | 65.155 | 66.500 | 0.720 | 1.09 | 162,894 |
| 20/07/2023 | 65.750 | 66.500 | 65.480 | 65.780 | 0.030 | 0.05 | 63,566 |
| 19/07/2023 | 65.960 | 66.150 | 65.560 | 65.750 | -0.080 | -0.12 | 70,542 |
| 18/07/2023 | 65.940 | 66.450 | 65.330 | 65.830 | -0.090 | -0.14 | 91,720 |
| 17/07/2023 | 66.060 | 66.500 | 65.480 | 65.920 | 0.430 | 0.66 | 268,965 |
| 14/07/2023 | 65.000 | 65.680 | 64.000 | 65.490 | 0.590 | 0.91 | 114,433 |
| 13/07/2023 | 64.840 | 65.140 | 64.640 | 64.900 | 1.060 | 1.66 | 115,536 |
| 12/07/2023 | 64.150 | 64.750 | 63.680 | 63.840 | 0.110 | 0.17 | 168,050 |
| 11/07/2023 | 63.260 | 63.730 | 62.190 | 63.730 | 1.280 | 2.05 | 244,592 |
| 10/07/2023 | 62.900 | 62.920 | 61.950 | 62.450 | -0.490 | -0.78 | 161,763 |
| 07/07/2023 | 63.100 | 63.450 | 62.050 | 62.940 | -1.130 | -1.76 | 146,755 |
| 06/07/2023 | 63.770 | 64.700 | 63.360 | 64.070 | -0.130 | -0.20 | 132,302 |
| 05/07/2023 | 65.110 | 65.330 | 64.050 | 64.200 | -1.480 | -2.25 | 103,445 |
| 04/07/2023 | 65.170 | 66.120 | 65.000 | 65.680 | -0.130 | -0.20 | 135,911 |
| 03/07/2023 | 66.710 | 67.140 | 65.750 | 65.810 | 0.170 | 0.26 | 158,105 |
| 30/06/2023 | 65.900 | 66.300 | 65.040 | 65.640 | -0.840 | -1.26 | 159,898 |
| 29/06/2023 | 66.810 | 66.810 | 65.250 | 66.480 | 0.720 | 1.09 | 420,867 |
| 28/06/2023 | 65.770 | 66.930 | 65.300 | 65.760 | 0.450 | 0.69 | 208,970 |
| 27/06/2023 | 65.190 | 65.480 | 64.510 | 65.310 | -0.150 | -0.23 | 213,978 |
| 26/06/2023 | 64.800 | 65.720 | 64.560 | 65.460 | 0.330 | 0.51 | 163,881 |
| 23/06/2023 | 67.000 | 67.230 | 64.730 | 65.130 | -1.890 | -2.82 | 143,065 |
| 22/06/2023 | 68.570 | 68.775 | 66.540 | 67.020 | -2.290 | -3.30 | 205,699 |
| 21/06/2023 | 70.000 | 70.990 | 69.310 | 69.310 | -0.500 | -0.72 | 159,495 |
| 20/06/2023 | 69.360 | 69.890 | 68.340 | 69.810 | 1.320 | 1.93 | 237,447 |
| 19/06/2023 | 69.000 | 69.260 | 67.910 | 68.490 | -0.320 | -0.47 | 166,189 |
| 16/06/2023 | 66.670 | 69.310 | 66.320 | 68.810 | 2.680 | 4.05 | 520,481 |
| 15/06/2023 | 64.770 | 66.520 | 64.770 | 66.130 | 1.370 | 2.12 | 194,861 |
| 14/06/2023 | 65.740 | 65.740 | 64.455 | 64.760 | -0.590 | -0.90 | 179,548 |
| 13/06/2023 | 63.260 | 65.350 | 63.200 | 65.350 | 2.270 | 3.60 | 194,262 |
| 09/06/2023 | 63.500 | 63.500 | 62.470 | 63.080 | 0.320 | 0.51 | 124,987 |
| 08/06/2023 | 62.250 | 63.420 | 62.250 | 62.760 | -0.720 | -1.13 | 151,575 |
| 07/06/2023 | 63.230 | 64.060 | 62.900 | 63.480 | 0.460 | 0.73 | 117,814 |
| 06/06/2023 | 65.260 | 65.490 | 63.020 | 63.020 | -2.120 | -3.25 | 235,851 |
| 05/06/2023 | 63.000 | 65.220 | 62.970 | 65.140 | 2.990 | 4.81 | 294,775 |
| 02/06/2023 | 61.940 | 62.980 | 61.550 | 62.150 | 0.500 | 0.81 | 216,415 |
| 01/06/2023 | 59.910 | 61.980 | 59.820 | 61.650 | 2.300 | 3.88 | 197,266 |
| 31/05/2023 | 59.960 | 60.040 | 58.600 | 59.350 | -1.050 | -1.74 | 597,317 |
| 30/05/2023 | 60.500 | 60.990 | 60.150 | 60.400 | 0.090 | 0.15 | 75,161 |
| 29/05/2023 | 60.750 | 61.210 | 60.260 | 60.310 | 0.430 | 0.72 | 168,597 |
| 26/05/2023 | 59.000 | 59.960 | 58.840 | 59.880 | 0.440 | 0.74 | 209,837 |
| 25/05/2023 | 59.020 | 59.990 | 58.990 | 59.440 | -0.370 | -0.62 | 156,019 |
| 24/05/2023 | 60.460 | 60.500 | 59.810 | 59.810 | -0.690 | -1.14 | 148,313 |
| 23/05/2023 | 60.670 | 61.525 | 60.160 | 60.500 | 0.150 | 0.25 | 178,957 |
| 22/05/2023 | 60.410 | 60.600 | 59.645 | 60.350 | -0.220 | -0.36 | 145,502 |
| 19/05/2023 | 60.380 | 60.810 | 59.460 | 60.570 | 0.600 | 1.00 | 114,828 |
| 18/05/2023 | 59.440 | 60.175 | 58.745 | 59.970 | 0.340 | 0.57 | 189,601 |
| 17/05/2023 | 59.310 | 59.980 | 59.020 | 59.630 | -0.190 | -0.32 | 134,878 |
| 16/05/2023 | 60.350 | 61.040 | 59.320 | 59.820 | -0.380 | -0.63 | 221,867 |
| 15/05/2023 | 60.180 | 60.400 | 59.200 | 60.200 | -0.610 | -1.00 | 123,994 |
| 12/05/2023 | 59.960 | 60.820 | 59.640 | 60.810 | 1.040 | 1.74 | 138,921 |
| 11/05/2023 | 60.200 | 60.200 | 59.370 | 59.770 | 0.060 | 0.10 | 151,701 |
| 10/05/2023 | 59.290 | 60.020 | 59.290 | 59.710 | -0.190 | -0.32 | 135,023 |
| 09/05/2023 | 59.970 | 60.260 | 59.380 | 59.900 | -0.070 | -0.12 | 163,111 |
| 08/05/2023 | 60.380 | 60.380 | 59.270 | 59.970 | -0.310 | -0.51 | 193,475 |
| 05/05/2023 | 60.250 | 60.480 | 59.760 | 60.280 | 0.090 | 0.15 | 112,198 |
| 04/05/2023 | 60.050 | 60.820 | 59.815 | 60.190 | -0.060 | -0.10 | 118,778 |
| 03/05/2023 | 60.250 | 60.320 | 59.040 | 60.250 | -0.580 | -0.95 | 160,713 |
| 02/05/2023 | 61.140 | 62.190 | 60.300 | 60.830 | 0.350 | 0.58 | 163,191 |
| 01/05/2023 | 61.820 | 61.990 | 60.350 | 60.480 | -0.960 | -1.56 | 200,796 |
| 28/04/2023 | 62.270 | 62.660 | 61.380 | 61.440 | -0.250 | -0.41 | 149,537 |
| 27/04/2023 | 62.040 | 62.450 | 61.470 | 61.690 | -0.380 | -0.61 | 65,566 |
| 26/04/2023 | 62.750 | 62.750 | 61.690 | 62.070 | -1.100 | -1.74 | 171,911 |
| 24/04/2023 | 63.510 | 63.670 | 62.835 | 63.170 | 0.370 | 0.59 | 83,091 |
| 21/04/2023 | 62.210 | 62.970 | 61.865 | 62.800 | 0.260 | 0.42 | 152,735 |
| 20/04/2023 | 62.630 | 62.990 | 62.220 | 62.540 | 0.090 | 0.14 | 184,235 |
| 19/04/2023 | 62.060 | 62.580 | 61.590 | 62.450 | 0.000 | 0.00 | 229,529 |
| 18/04/2023 | 62.520 | 62.690 | 61.260 | 62.450 | -1.040 | -1.64 | 249,826 |
| 17/04/2023 | 64.010 | 64.700 | 63.280 | 63.490 | 0.150 | 0.24 | 143,320 |
| 14/04/2023 | 64.010 | 64.250 | 62.980 | 63.340 | -0.500 | -0.78 | 129,014 |
| 13/04/2023 | 63.480 | 63.960 | 62.540 | 63.840 | 0.360 | 0.57 | 126,722 |
| 12/04/2023 | 63.940 | 64.120 | 63.000 | 63.480 | 0.050 | 0.08 | 114,441 |
| 11/04/2023 | 64.220 | 64.220 | 63.430 | 63.430 | 0.030 | 0.05 | 125,087 |
| 06/04/2023 | 64.790 | 65.080 | 63.000 | 63.400 | -1.000 | -1.55 | 121,942 |
| 05/04/2023 | 65.190 | 65.340 | 64.270 | 64.400 | 0.000 | 0.00 | 228,936 |
| 04/04/2023 | 64.670 | 65.140 | 64.170 | 64.400 | -0.220 | -0.34 | 143,414 |
| 03/04/2023 | 64.600 | 65.630 | 64.355 | 64.620 | 0.750 | 1.17 | 166,355 |
| NAME | SHARE HOLDING | SHARES HELD (%) |
|---|---|---|
| Sam Aaron Hupert | 26,137,660 | 25.03% |
| Hall, Anthony Barry | 26,109,000 | 25.00% |
| NAME | LAST NOTICE DATE | DIRECT SHARES | INDIRECT SHARES | OPTIONS | CONVERTIBLES |
|---|---|---|---|---|---|
| Dr Sam Aaron Hupert | 21/11/2023 | 25,072,660 | 65,000 | 0 | -- |
| Mr Anthony Barry Hall | 21/11/2023 | 24,200,000 | 979,000 | 0 | -- |
| Mr Peter Terence Kempen | 13/03/2023 | -- | 629,082 | 0 | -- |
| Ms Alice Joan Morrice Williams | 27/11/2023 | 900 | -- | -- | -- |
| Ms Deena Robyn Shiff | 21/08/2020 | 0 | 1,923 | -- | -- |
| Mr Anthony James Glenning | 19/03/2020 | 0 | 9,525 | -- | -- |
| Dr Leigh Bernard Farrell | 17/03/2020 | 0 | 4,240 | -- | -- |
I think we both thought you were stating you wouldn't see 2025!But I am well @tech/a. Were you meaning to say "Why? Are you not well?"
However, I am over 70 years-of-age and whether I will be on this earth for another 40 years or more is up for debate.
As to the meaning of life is.........
Gee, maybe they should have some directors stock option deal where they can get 50 shares!so how do explain the recent rash of Buy-Now-Pay-Later companies that graced that index,or maybe Linc Energy which at one stage entered the top 200 before moving o the Singapore exchange and fading in obscurity
but let's go more recent like those 'super-liquid ' stocks like BKL ( Blackmores ) or PME( which is still a top 200 stock )
PME
has a P/E ratio of 132.72
a yield ratio of 0.4%
and stuff me , it even makes and index or two
Index Participation
Index Participation Names
S&P/ASX 200 Health Care Equipment & Services (Industry Group) S&P/ASX 300 Health Care Equipment & Services (Industry Group) S&P/ASX SMALL INDUSTRIALS S&P/ASX SMALL ORDINARIES All Ordinaries S&P/ASX 200 INDUSTRIAL S&P/ASX 300 INDUSTRIALS S&P/ASX 300 S&P/ASX 200
Trade History
Download CSV
Trade History table
SORTDATE INASCENDINGORDER SORTOPEN $INASCENDINGORDER SORTHIGH $INASCENDINGORDER SORTLOW $INASCENDINGORDER SORTCLOSE $INASCENDINGORDER SORTCHANGE $INASCENDINGORDER SORTCHANGE %INASCENDINGORDER SORTVOLUMEINASCENDINGORDER 05/01/2024 92.000 92.100 89.740 90.480 -0.800 -0.88 123,713 04/01/2024 93.800 93.800 91.160 91.280 -2.670 -2.84 167,876 03/01/2024 94.690 94.900 93.890 93.950 -2.350 -2.44 103,073 02/01/2024 95.490 96.635 95.460 96.300 0.470 0.49 81,891 29/12/2023 96.500 96.750 95.290 95.830 -0.670 -0.69 163,599 28/12/2023 96.000 96.690 95.570 96.500 0.890 0.93 93,765 27/12/2023 95.500 96.180 94.560 95.610 0.910 0.96 138,931 22/12/2023 93.090 94.830 92.670 94.700 1.330 1.42 118,473 21/12/2023 93.340 93.940 92.550 93.370 0.290 0.31 191,997 20/12/2023 95.000 95.100 92.890 93.080 -0.310 -0.33 211,572 19/12/2023 93.180 94.360 92.310 93.390 1.630 1.78 308,597 18/12/2023 93.890 94.530 91.680 91.760 -1.680 -1.80 205,252 15/12/2023 93.910 95.680 93.440 93.440 0.180 0.19 806,773 14/12/2023 92.980 94.000 92.350 93.260 0.880 0.95 207,139 13/12/2023 91.680 92.400 90.600 92.380 0.810 0.88 301,627 12/12/2023 90.610 91.990 90.370 91.570 0.960 1.06 272,891 11/12/2023 89.460 90.730 89.180 90.610 1.430 1.60 208,869 08/12/2023 88.990 89.860 88.570 89.180 0.000 0.00 139,843 07/12/2023 89.160 90.620 88.740 89.180 -0.260 -0.29 190,523 06/12/2023 89.460 89.930 88.905 89.440 0.190 0.21 188,030 05/12/2023 87.990 89.380 87.570 89.250 1.070 1.21 219,065 04/12/2023 88.720 88.980 87.450 88.180 0.120 0.14 127,310 01/12/2023 87.540 88.630 87.280 88.060 -0.350 -0.40 147,345 30/11/2023 88.510 89.130 87.890 88.410 -0.320 -0.36 259,913 29/11/2023 87.620 89.080 87.420 88.730 1.320 1.51 149,937 28/11/2023 87.010 88.670 87.010 87.410 0.420 0.48 134,126 27/11/2023 87.960 88.800 86.750 86.990 -1.090 -1.24 123,220 24/11/2023 88.910 89.900 88.080 88.080 -0.510 -0.58 211,248 23/11/2023 89.000 89.500 88.590 88.590 0.090 0.10 154,282 22/11/2023 87.680 88.970 86.770 88.500 -0.570 -0.64 633,355 21/11/2023 88.090 89.390 87.640 89.070 1.050 1.19 2,317,397 20/11/2023 88.290 88.690 85.800 88.020 0.480 0.55 208,708 17/11/2023 87.930 88.180 86.940 87.540 -0.200 -0.23 181,100 16/11/2023 86.500 87.900 85.500 87.740 0.450 0.52 149,893 15/11/2023 86.900 88.360 86.650 87.290 1.730 2.02 205,067 14/11/2023 86.720 86.850 84.935 85.560 0.290 0.34 133,803 13/11/2023 86.300 86.750 85.270 85.270 0.090 0.11 108,576 10/11/2023 84.270 85.660 84.200 85.180 -0.440 -0.51 92,091 09/11/2023 85.830 86.250 84.180 85.620 0.410 0.48 189,401 08/11/2023 84.500 85.490 84.500 85.210 1.110 1.32 295,200 07/11/2023 81.450 84.300 81.450 84.100 2.480 3.04 533,541 06/11/2023 82.000 82.990 81.470 81.620 -0.050 -0.06 108,033 03/11/2023 81.090 82.380 80.600 81.670 1.780 2.23 126,865 02/11/2023 79.400 80.320 78.830 79.890 1.490 1.90 205,994 01/11/2023 75.570 78.400 74.950 78.400 3.860 5.18 361,014 31/10/2023 76.200 77.210 74.400 74.540 -1.550 -2.04 254,021 30/10/2023 75.200 76.890 74.500 76.090 0.060 0.08 101,652 27/10/2023 75.860 78.560 74.750 76.030 0.170 0.22 124,338 26/10/2023 76.770 77.430 74.920 75.860 -1.460 -1.89 177,627 25/10/2023 77.800 78.520 76.870 77.320 -0.480 -0.62 134,224 24/10/2023 79.420 79.765 77.660 77.800 -1.570 -1.98 104,454 23/10/2023 76.980 79.795 76.840 79.370 1.210 1.55 95,176 20/10/2023 78.410 79.090 77.730 78.160 -1.410 -1.77 113,998 19/10/2023 79.170 79.950 77.590 79.570 -0.750 -0.93 187,033 18/10/2023 81.750 82.000 79.200 80.320 -0.950 -1.17 120,000 17/10/2023 82.990 83.000 80.910 81.270 -0.990 -1.20 121,807 16/10/2023 82.830 84.020 81.780 82.260 -1.230 -1.47 147,922 13/10/2023 83.210 84.960 82.140 83.490 -0.030 -0.04 151,302 12/10/2023 82.970 84.210 81.890 83.520 0.380 0.46 256,336 11/10/2023 82.400 83.550 81.000 83.140 -0.400 -0.48 179,717 10/10/2023 84.500 84.500 82.900 83.540 0.650 0.78 143,062 09/10/2023 83.300 83.400 82.390 82.890 0.050 0.06 109,570 06/10/2023 82.840 83.490 82.160 82.840 -0.160 -0.19 118,699 05/10/2023 83.110 83.440 82.000 83.000 0.600 0.73 232,227 04/10/2023 82.000 82.700 80.420 82.400 -0.280 -0.34 338,569 03/10/2023 83.220 84.000 82.070 82.680 -1.130 -1.35 313,521 02/10/2023 83.900 84.550 82.900 83.810 0.420 0.50 197,076 29/09/2023 80.890 83.810 80.630 83.390 2.220 2.74 197,592 28/09/2023 80.080 82.250 80.080 81.170 0.510 0.63 370,432 27/09/2023 79.550 80.710 79.080 80.660 0.650 0.81 382,194 26/09/2023 74.840 80.160 74.565 80.010 8.820 12.39 361,444 25/09/2023 71.500 71.690 70.880 71.190 -0.480 -0.67 82,520 22/09/2023 71.750 72.050 71.040 71.670 -0.700 -0.97 311,908 21/09/2023 71.320 72.650 71.140 72.370 0.360 0.50 158,108 20/09/2023 71.100 72.170 70.990 72.010 0.710 1.00 154,098 19/09/2023 70.910 71.570 70.670 71.300 0.380 0.54 88,825 18/09/2023 72.560 72.720 70.890 70.920 -2.420 -3.30 97,007 15/09/2023 73.220 73.770 72.980 73.340 1.230 1.71 275,879 14/09/2023 71.300 72.640 71.300 72.110 0.570 0.80 157,174 13/09/2023 71.820 72.610 71.290 71.540 -0.800 -1.11 83,122 12/09/2023 73.200 73.570 70.750 72.340 -0.520 -0.71 259,746 11/09/2023 72.500 73.200 72.290 72.860 -0.010 -0.01 115,717 08/09/2023 73.500 73.500 72.540 72.870 -0.300 -0.41 83,642 07/09/2023 72.800 73.300 72.320 73.170 0.210 0.29 119,013 06/09/2023 73.010 73.690 72.650 72.960 -0.200 -0.27 123,220 05/09/2023 72.080 73.160 71.570 73.160 0.360 0.49 160,745 04/09/2023 73.060 73.500 72.430 72.800 -0.160 -0.22 81,312 01/09/2023 73.500 73.910 72.300 72.960 -0.360 -0.49 111,947 31/08/2023 74.750 74.910 72.900 73.320 -0.760 -1.03 419,055 30/08/2023 74.850 74.850 73.320 74.080 0.000 0.00 118,407 29/08/2023 73.270 74.460 72.810 74.080 0.810 1.11 141,040 28/08/2023 73.140 73.270 71.790 73.270 0.750 1.03 65,496 25/08/2023 71.910 72.820 71.520 72.520 -0.620 -0.85 108,277 24/08/2023 72.670 73.480 72.110 73.140 1.080 1.50 128,898 23/08/2023 72.070 72.540 71.380 72.060 -0.670 -0.92 125,748 22/08/2023 71.200 72.730 71.030 72.730 1.580 2.22 161,012 21/08/2023 71.000 71.690 70.190 71.150 1.050 1.50 148,484 18/08/2023 69.750 70.600 68.750 70.100 -0.780 -1.10 244,479 17/08/2023 69.270 70.880 68.950 70.880 0.810 1.16 202,626 16/08/2023 73.310 73.535 69.300 70.070 -2.440 -3.37 358,478 15/08/2023 74.050 74.990 72.120 72.510 2.890 4.15 468,387 14/08/2023 68.680 69.620 68.070 69.620 0.590 0.85 176,803 11/08/2023 69.780 70.400 68.920 69.030 -0.910 -1.30 136,487 10/08/2023 70.760 70.760 69.260 69.940 -0.980 -1.38 115,409 09/08/2023 70.540 71.030 70.200 70.920 -0.580 -0.81 140,650 08/08/2023 70.860 71.500 70.720 71.500 0.470 0.66 131,461 07/08/2023 70.700 71.170 70.300 71.030 0.790 1.12 125,634 04/08/2023 69.650 70.240 69.120 70.240 0.340 0.49 160,172 03/08/2023 69.600 70.150 68.495 69.900 -1.180 -1.66 140,924 02/08/2023 70.350 71.600 69.920 71.080 2.060 2.98 232,764 01/08/2023 68.610 69.730 68.350 69.020 0.230 0.33 156,375 31/07/2023 69.960 70.550 68.370 68.790 -0.490 -0.71 276,388 28/07/2023 68.880 69.870 67.690 69.280 1.340 1.97 222,769 27/07/2023 67.750 68.800 67.230 67.940 0.990 1.48 156,457 26/07/2023 67.220 67.690 66.500 66.950 0.060 0.09 96,150 25/07/2023 67.500 67.900 65.890 66.890 -0.120 -0.18 101,144 24/07/2023 66.510 67.360 66.010 67.010 0.510 0.77 134,038 21/07/2023 65.640 67.070 65.155 66.500 0.720 1.09 162,894 20/07/2023 65.750 66.500 65.480 65.780 0.030 0.05 63,566 19/07/2023 65.960 66.150 65.560 65.750 -0.080 -0.12 70,542 18/07/2023 65.940 66.450 65.330 65.830 -0.090 -0.14 91,720 17/07/2023 66.060 66.500 65.480 65.920 0.430 0.66 268,965 14/07/2023 65.000 65.680 64.000 65.490 0.590 0.91 114,433 13/07/2023 64.840 65.140 64.640 64.900 1.060 1.66 115,536 12/07/2023 64.150 64.750 63.680 63.840 0.110 0.17 168,050 11/07/2023 63.260 63.730 62.190 63.730 1.280 2.05 244,592 10/07/2023 62.900 62.920 61.950 62.450 -0.490 -0.78 161,763 07/07/2023 63.100 63.450 62.050 62.940 -1.130 -1.76 146,755 06/07/2023 63.770 64.700 63.360 64.070 -0.130 -0.20 132,302 05/07/2023 65.110 65.330 64.050 64.200 -1.480 -2.25 103,445 04/07/2023 65.170 66.120 65.000 65.680 -0.130 -0.20 135,911 03/07/2023 66.710 67.140 65.750 65.810 0.170 0.26 158,105 30/06/2023 65.900 66.300 65.040 65.640 -0.840 -1.26 159,898 29/06/2023 66.810 66.810 65.250 66.480 0.720 1.09 420,867 28/06/2023 65.770 66.930 65.300 65.760 0.450 0.69 208,970 27/06/2023 65.190 65.480 64.510 65.310 -0.150 -0.23 213,978 26/06/2023 64.800 65.720 64.560 65.460 0.330 0.51 163,881 23/06/2023 67.000 67.230 64.730 65.130 -1.890 -2.82 143,065 22/06/2023 68.570 68.775 66.540 67.020 -2.290 -3.30 205,699 21/06/2023 70.000 70.990 69.310 69.310 -0.500 -0.72 159,495 20/06/2023 69.360 69.890 68.340 69.810 1.320 1.93 237,447 19/06/2023 69.000 69.260 67.910 68.490 -0.320 -0.47 166,189 16/06/2023 66.670 69.310 66.320 68.810 2.680 4.05 520,481 15/06/2023 64.770 66.520 64.770 66.130 1.370 2.12 194,861 14/06/2023 65.740 65.740 64.455 64.760 -0.590 -0.90 179,548 13/06/2023 63.260 65.350 63.200 65.350 2.270 3.60 194,262 09/06/2023 63.500 63.500 62.470 63.080 0.320 0.51 124,987 08/06/2023 62.250 63.420 62.250 62.760 -0.720 -1.13 151,575 07/06/2023 63.230 64.060 62.900 63.480 0.460 0.73 117,814 06/06/2023 65.260 65.490 63.020 63.020 -2.120 -3.25 235,851 05/06/2023 63.000 65.220 62.970 65.140 2.990 4.81 294,775 02/06/2023 61.940 62.980 61.550 62.150 0.500 0.81 216,415 01/06/2023 59.910 61.980 59.820 61.650 2.300 3.88 197,266 31/05/2023 59.960 60.040 58.600 59.350 -1.050 -1.74 597,317 30/05/2023 60.500 60.990 60.150 60.400 0.090 0.15 75,161 29/05/2023 60.750 61.210 60.260 60.310 0.430 0.72 168,597 26/05/2023 59.000 59.960 58.840 59.880 0.440 0.74 209,837 25/05/2023 59.020 59.990 58.990 59.440 -0.370 -0.62 156,019 24/05/2023 60.460 60.500 59.810 59.810 -0.690 -1.14 148,313 23/05/2023 60.670 61.525 60.160 60.500 0.150 0.25 178,957 22/05/2023 60.410 60.600 59.645 60.350 -0.220 -0.36 145,502 19/05/2023 60.380 60.810 59.460 60.570 0.600 1.00 114,828 18/05/2023 59.440 60.175 58.745 59.970 0.340 0.57 189,601 17/05/2023 59.310 59.980 59.020 59.630 -0.190 -0.32 134,878 16/05/2023 60.350 61.040 59.320 59.820 -0.380 -0.63 221,867 15/05/2023 60.180 60.400 59.200 60.200 -0.610 -1.00 123,994 12/05/2023 59.960 60.820 59.640 60.810 1.040 1.74 138,921 11/05/2023 60.200 60.200 59.370 59.770 0.060 0.10 151,701 10/05/2023 59.290 60.020 59.290 59.710 -0.190 -0.32 135,023 09/05/2023 59.970 60.260 59.380 59.900 -0.070 -0.12 163,111 08/05/2023 60.380 60.380 59.270 59.970 -0.310 -0.51 193,475 05/05/2023 60.250 60.480 59.760 60.280 0.090 0.15 112,198 04/05/2023 60.050 60.820 59.815 60.190 -0.060 -0.10 118,778 03/05/2023 60.250 60.320 59.040 60.250 -0.580 -0.95 160,713 02/05/2023 61.140 62.190 60.300 60.830 0.350 0.58 163,191 01/05/2023 61.820 61.990 60.350 60.480 -0.960 -1.56 200,796 28/04/2023 62.270 62.660 61.380 61.440 -0.250 -0.41 149,537 27/04/2023 62.040 62.450 61.470 61.690 -0.380 -0.61 65,566 26/04/2023 62.750 62.750 61.690 62.070 -1.100 -1.74 171,911 24/04/2023 63.510 63.670 62.835 63.170 0.370 0.59 83,091 21/04/2023 62.210 62.970 61.865 62.800 0.260 0.42 152,735 20/04/2023 62.630 62.990 62.220 62.540 0.090 0.14 184,235 19/04/2023 62.060 62.580 61.590 62.450 0.000 0.00 229,529 18/04/2023 62.520 62.690 61.260 62.450 -1.040 -1.64 249,826 17/04/2023 64.010 64.700 63.280 63.490 0.150 0.24 143,320 14/04/2023 64.010 64.250 62.980 63.340 -0.500 -0.78 129,014 13/04/2023 63.480 63.960 62.540 63.840 0.360 0.57 126,722 12/04/2023 63.940 64.120 63.000 63.480 0.050 0.08 114,441 11/04/2023 64.220 64.220 63.430 63.430 0.030 0.05 125,087 06/04/2023 64.790 65.080 63.000 63.400 -1.000 -1.55 121,942 05/04/2023 65.190 65.340 64.270 64.400 0.000 0.00 228,936 04/04/2023 64.670 65.140 64.170 64.400 -0.220 -0.34 143,414 03/04/2023 64.600 65.630 64.355 64.620 0.750 1.17 166,355
and all done with 104.40 million shares outstanding ....
but
Substantial Shareholders List As of 30 Jun 2023
NAME SHARE HOLDING SHARES HELD (%) Sam Aaron Hupert 26,137,660 25.03% Hall, Anthony Barry 26,109,000 25.00%
Director Interest as of Last Notice
NAME LAST NOTICE DATE DIRECT SHARES INDIRECT SHARES OPTIONS CONVERTIBLES Dr Sam Aaron Hupert 21/11/2023 25,072,660 65,000 0 -- Mr Anthony Barry Hall 21/11/2023 24,200,000 979,000 0 -- Mr Peter Terence Kempen 13/03/2023 -- 629,082 0 -- Ms Alice Joan Morrice Williams 27/11/2023 900 -- -- -- Ms Deena Robyn Shiff 21/08/2020 0 1,923 -- -- Mr Anthony James Glenning 19/03/2020 0 9,525 -- -- Dr Leigh Bernard Farrell 17/03/2020 0 4,240 -- --
so chances are the directors aren't short-term trading their holdings much
Its a very interesting thread and certainly posters are sharing their experience at creating financial success and independence.
Obviously "we" , those who are posting, are the success stories. Whether it was starting 60-70 years years ago, developing careful habits, creating successful investment strategies and perhaps a dose of good fortune, at this stage we can talk about the financial success of our lives.
The question posed by Tech/a is more contemporary.
How would a 20 year old today achieve this financial independence ? The current parameters of life to consider are
1) New Housing costs are 7 times average fulltime weekly earnings. ie 7 x $80k $560 k. (and is that even realistic now ?)
2) Rental costs are $300 PW if shared.
3) Actual wages will be much lower than $80k and probably part time
4) If doing a Tertiary course expect to come out with a $50k debt
5) Parents have a job and house and that's about it. They could help with a few k if absolutely necessary. They might be able to keep you at home - unless another sibling (have 2) is also in trouble.
6) You might get an inheritance in the long term future of around 30% of the house value. That assumes nothing goes pear shaped in the next 40 years
I wouldn't like to be facing that scenario.
I disagree, even small savings from PAYE wages compounds into large amounts if you start early enough, and no need to do anything fancy, just dollar cost into the Asx300 index and you will do fine over time.Basilio is correct and this is the crux of my topic.
The question won't go away and it CAN be done.
I've let this thread run some course before putting in my 2 cents worth.
There have been some good responses but like most, they fall short on application.
Hindsight is brilliantly correct. Past case examples in both compounding and opportunity do nothing for Practical application that we can use NOW.
The following is my personal view. Like some others here am fortunate enough to have made the top 1% in this country but not without a great deal of Right Place Right time and a solid understanding and implementation of the following. I refer to myself in actual practical case examples not a look at me exercise.
You are just not going to be able to become financially independent on a wage even two wages. (P.A.Y.E) You need more –some ideas---
(1) Initially you need to understand Scalability. How can you multiply your hourly rate? As a PAYE you are a slave to what it is your employer is offering and what you think you are worth. You need to look at how you can value add to your employer. The first thing you need to do is find a job where you can value add AND find an employer that will reward you for value adding. Simply this means making more MEASURABLE profit for your employer. I did this in my first job at 17 by selling tires, Radiator Flushes, and services to customers when I was Pumping Gas!--- Later when training as a printing estimator I developed a scheduling system that saved 3 wages. I made more from commissions than my wage.
Later again I multiplied my clients in a lawn Round adding an employee so in the same hours I made around another Half of his wage--- PLUS each client was worth $150 in the dollar for re-sale.
Later again I was able to do the similar with a labor force, Earthmoving equipment, and property not to mention stock and index trading. You just need to get creative but------ you need Stage 2
My time and effort is scalable.
(2) Using Other people's Money (Leverage). Money makes money don't ever forget it. The more you can get the more opportunities will be available to you. Lenders want Asset backing and affordability this can be a longer process but with the addition of (1) you can build your way to a stronger position in (2) Eventually you will have lenders coming to YOU! See the beauty of these arrangements is that lenders only want their interest payments NOT your Capital gain you want that often. This leads to the question what first?
Buy a house, Car, Super, Short-term investments, cash at the bank, or Business!!
My goal was and if I did it again would still be freeing up as much as I could for liquidity -why will become clearer in the body of this post.
I wanted to build a capital base quickly and I couldn't do that without taking some risk and without readily available cash.
Young Families often mean one wage for a short term at least. Rent, Saving, or Paying off a home, Super? Time! Where do I get funds to start my Compounding journey. The issue is having enough to make any sort of investment meaningful. Finding an extra $10K-$50K a year is too many unthinkable.
To me cash (Liquidity) is king if you don’t have sizable amounts available then you WILL miss opportunities. I suggest any investment you make has the ability to return on your capital. Loans don’t tend to do that unless you are using them in Business, or you are savvy with leverage. In My case, I bought my first business allowing me to control my income and opening the door to earnings/Profit well above my PAYE hourly wage before a house. For those here on ASF short-term trading can return sizable sums with small amounts. I have turned 10K to $100K on many occasions over the last 30 Years. Right Place right Time and understanding RISK.
(3) Self-Employment or P.A.Y.E ?
Many go on the path of small business. It’s important to understand that in most conventional cases (Save Only Fans net-related businesses). Most only make a wage for themselves with increased working hours and Stress. In My opinion and experience with many in business Small business needs to turn over > $3,000,000 under that and you’re just making a wage for yourself perhaps a healthy wage but often not worth (Seemingly ) The effort. But get to the Breakeven point of Fixed and variable overheads quickly in any one month or quarter and the Profit rises exponentially.
A little more on Scalability.
Now do that with more than one arm of a business or buy multiple businesses---rinse and repeat! The same goes for your wife and or partner. ( take on a partner I had one for 10 years ).
(4) Risk
Preservation of capital TO ME is paramount. I’m happy to put it at risk but not to the point of ruin. In business, if I have a losing month I need to know why if I don’t have an answer then there is a problem. In trading long and in particular short term I have a stop in place. I can’t see the point
Of “Doing the same thing day in and day out and expecting a different result “ if having no plan is destroying my capital base in that allocated investment. Be decisive I’d rather make a hasty call on preserving my capital on multiple occasions than hope and pray on the one occasion I lost all my capital at RISK.
(5) Opportunities
They are around us all the time. Put your risk mitigation in place and take every opportunity you can identify. Just one can change your life. They come and go as quickly as they appear.
(6) Passive income.
Inflation is always a risk. Never more so than when retiring. $3 million Today won’t be as healthy in 20 years. This is why we need to make several investments in the development of passive income. I have quite a few.
Property Rental
Long term Stock investments
I am the equity partner in more than one business.
2 Air B&Bs
All of these established over many years remain in place and regardless of capital invested remain for the most part ahead of inflation and the erosion of capital not geared to combat it. I don't need a pension.
I do hope this is helpful no matter where you are on your journey toward financial independence for you and your family. It can be done ---My son is a Doctor of Physics and I never passed Year 11 (Leaving). Anything is possible all you need to do is MAKE IT HAPPEN.
Tech
VC
Its tougher today than at any past to make it on a wage only
To Own your own home and finally have enough to last tI’ll the end.
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