Marcus Padley

2 weeks ago | moneymag.com.au | Marcus Padley

I ask for 'stupid questions' in the Marcus Today newsletter, and I get them. Here's one: "I have $10,000 and want to turn it into $1 million. How do I do it?"You're thinking, 'How stupid', but it's a really good question. So, let's try to answer it. The first thing to do is to accept that you will not achieve this goal without being prepared to lose all your money. You will not achieve it in the bank, in cash, in property or in managed funds.

3 weeks ago | marcustoday.com.au | Marcus Padley

Every time there is a significant market event I have friends ask me the same set of questions. Why is this happening? Is it too late to sell? I don’t have any shares, should I care? The more important question is – how could I have avoided this? Better still – think the stock market doesn’t affect you? Think again. Prerequisite reading: The Matrix. Foreword: In my friendship group there are two types of people. 10% are interested in the stock market. Know what an ETF is and buy and sell shares.

1 month ago | marcustoday.com.au | Marcus Padley

Heikin Ashi charts are a variation on standard Japanese candlestick charts. Heikin means “average” and Ashi means “pace”. Heikin-Ashi charts combine candles over a couple of periods (days or weeks for our purposes) to produce a “combo” candlestick. In so doing, it essentially averages the price action over a couple of periods in one candlestick, which manages to cut out a lot of the noise that you get using one candle a day.

1 month ago | sharesight.com | Marcus Padley

Just a quick one to explain why everyone tells you that you can’t time the market. Spoiler: it’s rubbish. And here’s why. There was a paper (back in the 70s or 80s) written by a couple of academics who, let’s be honest, probably never traded a share in their lives. They concluded that you are better off sitting in the market long term and never making a decision again. The finance industry loved it. “Buy and hold”. “Be long term”. “Time in the market, not timing the market”.

1 month ago | livewiremarkets.com | Marcus Padley

Spooked by the bond market, Trump has walked back Liberation DayWhat's happened? Trump's post on Truth SocialTrump blinked overnight - pausing Tariffs for 90 days on all countries except China. Raised tariffs on China from 104% to 125%. The White House is isolating China. Very dangerous. Keeping a 10% tariff in place for all (?) countries. Sector-specific tariffs (steel, aluminium, autos) are still in place by the looks of it.