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Recent Questions & Answers

AMP Capital Notes 2

We have been offered an opportunity to invest in AMP capital notes. What are your thoughts please? We have a SMSF that includes AMP shares.


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AMP Capital Notes offer

Would you kindly give me your considered opinion on the current “AMP Capital Notes Offer”.

I already own 2,000 AMP shares amongst a relatively small portfolio – several options are available to me

a) ignore – do nothing,

b) accept offer

c) spend the equivalent amount of money in buying more AMP shares (or other shares)


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Follow the leader

It seems that lately, every time Wall Street goes up 140 points, we go up 14. When Wall street falls 95, we fall 85. The uncertainty on Wall Street as to whether the Fed will put up interest rates or not, now, next month or next year, seems to be causing all these roller coaster rides.

They are going to do it, so why not do it? After the Fed’s last announcement last week, I looked up Janet Yellen on the net and a whole page of just that came up! Janet Yellen apparently doesn’t believe in a free market and doesn’t seem to have much of a clue on anything else either. I’m glad you are still buying the Aussie banks because I am down $6,000 just on ANZ alone. Our market is a disaster, and it looks like we are in for another bad day on Monday. Might it be time to sell up and put our money into cash? 3% isn’t much, but it’s a damned lot better than -10%.


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Banks increasing capital

The banks are increasing more capital and their potential ROE may fall. Will this impact dividends, and if so, how will you review the income model portfolio?


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Flexigroup

I’m a shareholder in Flexigroup and would really appreciate your view on the 1 for 4.46 share offer at $2.20 that they are currently offering? Can you comment on this? I’d appreciate your point of view.


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