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srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.706%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/d549f317b0af08049464f5b3439001a530ef4599, https://static.ffx.io/images/$zoom_0.706%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/d549f317b0af08049464f5b3439001a530ef4599 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.706%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/d549f317b0af08049464f5b3439001a530ef4599"," https://static.ffx.io/images/$zoom_0.706%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/d549f317b0af08049464f5b3439001a530ef4599 2x"]}"/><img alt="A gnawing worry is over-concentration in financials." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.706%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/d549f317b0af08049464f5b3439001a530ef4599" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.378%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_88%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/d549f317b0af08049464f5b3439001a530ef4599, 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revival in private equity</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">The good returns from 2024 should not tempt investors into inaction because the top performers in one year are frequently superseded in the next.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Nov 26, 2024 – 5.00am">Nov 26, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Giselle Roux</li></ul></div><div class="_8d6149acd2b4b8ecd5e4"><h2 class="_6f6f6c61a03bdf385f07">This Month</h2></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/investing-1st">Investing</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/buffett-s-499b-cash-hoard-is-an-early-warning-signal-20241122-p5ksvo"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_60/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79, https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_60/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_60/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79"," https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_60/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_60/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79, https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_60/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_60/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79"," https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_60/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_60/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79, https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_60/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_60/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79"," https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_60/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79 2x"]}"/><img alt="Warren Buffett is one of the richest people in the world, and perhaps the most prolific investor ever." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_60/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.252%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_60%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79, https://static.ffx.io/images/$zoom_0.252%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_60%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79 2x" sizes="(max-width: 767px) 80px" data-id="p5ksvo" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.252%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_60%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79"," https://static.ffx.io/images/$zoom_0.252%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_60%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/54a257f480f869e9540b533b058a19d53c711f79 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/buffett-s-499b-cash-hoard-is-an-early-warning-signal-20241122-p5ksvo">Buffett’s $499b cash hoard is an early warning signal</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">The Berkshire Hathaway chief executive does not claim to be an expert at market predictions, but he knows when stocks are overpriced.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Nov 23, 2024 – 2.01pm">Nov 23, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Nir Kaissar</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/big-four-banks-5ux">Big four</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/bank-stocks-look-58-per-cent-overvalued-20241122-p5ksux"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb, https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb"," https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb, https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb"," https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb, https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb"," https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb 2x"]}"/><img alt="Shareholders will back growth stories, but only if they trust management can deliver them." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_68/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.4%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_57%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb, https://static.ffx.io/images/$zoom_0.4%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_57%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb 2x" sizes="(max-width: 767px) 80px" data-id="p5ksux" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.4%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_57%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb"," https://static.ffx.io/images/$zoom_0.4%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_57%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/dcb79f59d8b00bfc267b3a24b34bb49d9b22adfb 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/bank-stocks-look-58-per-cent-overvalued-20241122-p5ksux">Bank stocks look 58 per cent overvalued</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Aussie bank stocks are the dearest in the developed world, according to Barrenjoey. It’s no wonder retail investors are heading for the exits.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Nov 22, 2024 – 2.57pm">Nov 22, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Christopher Joye</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/wealth-generation-1nid">Wealth Generation</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/1-million-by-50-what-you-need-to-invest-each-month-to-get-there-20241121-p5ksiy"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6334%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_86%2C$y_45/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd, https://static.ffx.io/images/$zoom_0.6334%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_86%2C$y_45/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6334%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_86%2C$y_45/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd"," https://static.ffx.io/images/$zoom_0.6334%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_86%2C$y_45/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6334%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_86%2C$y_45/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd, https://static.ffx.io/images/$zoom_0.6334%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_86%2C$y_45/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6334%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_86%2C$y_45/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd"," https://static.ffx.io/images/$zoom_0.6334%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_86%2C$y_45/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6334%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_86%2C$y_45/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd, https://static.ffx.io/images/$zoom_0.6334%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_86%2C$y_45/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6334%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_86%2C$y_45/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd"," https://static.ffx.io/images/$zoom_0.6334%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_86%2C$y_45/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd 2x"]}"/><img alt="Here’s exactly how much you need to invest a month to have $1 million by 50." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.6334%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_86%2C$y_45/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_153%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd, https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_153%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd 2x" sizes="(max-width: 767px) 80px" data-id="p5ksiy" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_153%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd"," https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_153%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/f893f993ae8ff1ffde7aa800485d3c9abd53e8dd 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/1-million-by-50-what-you-need-to-invest-each-month-to-get-there-20241121-p5ksiy">$1m by 50: What you need to invest each month to get there</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Identifying the monthly sum needed to eventually reach seven figures offers a simple – but critical – lesson about investing.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Nov 22, 2024 – 12.52pm">Nov 22, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Lucy Dean</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/fintech-hpb">Fintech</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/trading-can-be-fun-and-expensive-know-when-to-put-down-the-phone-20241121-p5ksix"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a, https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a"," https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a, https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a"," https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a, https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a"," https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a 2x"]}"/><img alt=" " class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_95/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.2842%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_109%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a, https://static.ffx.io/images/$zoom_0.2842%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_109%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a 2x" sizes="(max-width: 767px) 80px" data-id="p5ksix" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.2842%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_109%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a"," https://static.ffx.io/images/$zoom_0.2842%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_109%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/b8a66a7e7ac5a85c08f79735e46e32c08a0dcc1a 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/trading-can-be-fun-and-expensive-know-when-to-put-down-the-phone-20241121-p5ksix">Investors need to know when to put down the phone</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Smartphone alerts can promote what behaviourists call “overtrading”, shredding your returns – and your nerves.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Nov 21, 2024 – 2.47pm">Nov 21, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Jonathan Guthrie</li></ul></div></div><div class="_3eaacab240fc7c859667"><div class="adWrapper _4ea0aa84b71a8a06c45e _3c67946999805fcc0b82" data-testid="ad-wrapper"><div class="" id="adspot-320x360_320x50_300x250_300x50-pos2-mobile"></div><div class="" id="adspot-728x90-pos2-tablet"></div><div class="" id="adspot-970x250_728x90-pos2-desktop"></div><small class="acd99af3e011c9b90ee4">Advertisement</small></div></div><div class="aa301fe4d83b6a10bcc9"><div class="ae5af3f592e9bd85d96f"><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/bond-market-5v3">Bonds</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/bond-investors-may-bet-on-silicon-valley-over-uncle-sam-20241114-p5kqnd"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.8398%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_621%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a, https://static.ffx.io/images/$zoom_0.8398%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_621%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.8398%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_621%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a"," https://static.ffx.io/images/$zoom_0.8398%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_621%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.8398%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_621%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a, https://static.ffx.io/images/$zoom_0.8398%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_621%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.8398%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_621%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a"," https://static.ffx.io/images/$zoom_0.8398%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_621%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.8398%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_621%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a, https://static.ffx.io/images/$zoom_0.8398%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_621%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.8398%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_621%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a"," https://static.ffx.io/images/$zoom_0.8398%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_621%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a 2x"]}"/><img alt="The Department of Government Efficiency could go a long way to determining whether sovereign and institutional investors would rather lend to cash-rich US corporates than Uncle Sam." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.8398%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_621%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.5324%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_615%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a, https://static.ffx.io/images/$zoom_0.5324%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_615%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a 2x" sizes="(max-width: 767px) 80px" data-id="p5kqnd" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.5324%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_615%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a"," https://static.ffx.io/images/$zoom_0.5324%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_615%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/47c867fe210b5736251b5c76e9b4c0492dd1bd4a 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/bond-investors-may-bet-on-silicon-valley-over-uncle-sam-20241114-p5kqnd">Bond investors may bet on Silicon Valley over Uncle Sam</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">The US tech sector, which is sitting on a cash balance approaching $US1 trillion, is well-placed to reward – and protect – creditors and shareholders.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Nov 19, 2024 – 5.00am">Nov 19, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Todd Hoare</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/interest-rates-5yo">Interest rates</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/interest-rates-could-be-3-percentage-points-higher-under-trump-20241115-p5kqzx"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_171/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7, https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_171/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_171/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7"," https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_171/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_171/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7, https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_171/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_171/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7"," https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_171/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_171/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7, https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_171/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_171/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7"," https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_171/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7 2x"]}"/><img alt="Federal Reserve chairman Jerome Powell has delivered another rate cut that will push shares higher." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.3147%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_171/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1531%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_35%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7, https://static.ffx.io/images/$zoom_0.1531%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_35%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7 2x" sizes="(max-width: 767px) 80px" data-id="p5kqzx" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1531%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_35%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7"," https://static.ffx.io/images/$zoom_0.1531%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_35%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/cd67c4cd53ee8ec673dae717636678aca27f2da7 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/interest-rates-could-be-3-percentage-points-higher-under-trump-20241115-p5kqzx">Why interest rates could be higher under Trump</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">New research finds that Trump’s policies could drive rates much higher than markets are assuming.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Nov 15, 2024 – 2.53pm">Nov 15, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Christopher Joye</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/corporate-governance-1m02">Governance</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/minres-saga-exposes-esg-s-existential-crisis-and-here-comes-trump-20241107-p5koo9"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6097%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_34%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22, https://static.ffx.io/images/$zoom_0.6097%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_34%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6097%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_34%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22"," https://static.ffx.io/images/$zoom_0.6097%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_34%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6097%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_34%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22, https://static.ffx.io/images/$zoom_0.6097%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_34%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6097%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_34%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22"," https://static.ffx.io/images/$zoom_0.6097%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_34%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6097%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_34%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22, https://static.ffx.io/images/$zoom_0.6097%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_34%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6097%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_34%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22"," https://static.ffx.io/images/$zoom_0.6097%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_34%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22 2x"]}"/><img alt="Left to right: MinRes’ James McClements, founder Chris Ellison and L1’s Raphael Lamm." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.6097%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_34%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_134%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22, https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_134%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22 2x" sizes="(max-width: 767px) 80px" data-id="p5koo9" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_134%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22"," https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_134%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/fac80d894f23976cb07747075ca67742c990fd22 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/minres-saga-exposes-esg-s-existential-crisis-and-here-comes-trump-20241107-p5koo9">MinRes saga exposes ESG’s existential crisis (and here comes Trump)</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Scandals at Mineral Resources and WiseTech raise hard questions for investors who care about governance and culture. Now Donald Trump’s win raises existential problems for ESG.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Nov 9, 2024 – 5.00am">Nov 9, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Patrick Durkin</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/investing-1st">Investing</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/warren-buffett-s-11-tips-for-investing-and-life-20241029-p5kmcb"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1725%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_52/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d, https://static.ffx.io/images/$zoom_0.1725%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_52/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1725%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_52/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d"," https://static.ffx.io/images/$zoom_0.1725%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_52/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1725%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_52/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d, https://static.ffx.io/images/$zoom_0.1725%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_52/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1725%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_52/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d"," https://static.ffx.io/images/$zoom_0.1725%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_52/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1725%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_52/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d, https://static.ffx.io/images/$zoom_0.1725%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_52/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1725%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_52/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d"," https://static.ffx.io/images/$zoom_0.1725%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_52/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d 2x"]}"/><img alt="Warren Buffett: Emotions are fine in life but not in business." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.1725%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_52/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.0895%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_72%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d, https://static.ffx.io/images/$zoom_0.0895%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_72%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d 2x" sizes="(max-width: 767px) 80px" data-id="p5kmcb" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.0895%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_72%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d"," https://static.ffx.io/images/$zoom_0.0895%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_72%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/52ef2d5707b851736e81f5baf2c3a1abc843da7d 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/warren-buffett-s-11-tips-for-investing-and-life-20241029-p5kmcb">Warren Buffett’s 11 tips for investing and life</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">An extract from “The New Tao of Warren Buffett” contains the great investor’s musings on business school and a few other pearls.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Nov 5, 2024 – 5.00am">Nov 5, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Mary Buffett and David Clark</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/index-funds-hom">Index funds</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/why-index-investing-isn-t-as-passive-or-profitable-as-you-think-20241022-p5kkcf"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf, https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf"," https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf, https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf"," https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf, https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf"," https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf 2x"]}"/><img alt="Shoppers outside a Lululemon store at Brickell City Centre in Miami, Florida." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.2836%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_133%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf, https://static.ffx.io/images/$zoom_0.2836%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_133%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf 2x" sizes="(max-width: 767px) 80px" data-id="p5kkcf" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.2836%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_133%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf"," https://static.ffx.io/images/$zoom_0.2836%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_133%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/22a139a63712fc594cfe6864096bfff0eca671bf 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/why-index-investing-isn-t-as-passive-or-profitable-as-you-think-20241022-p5kkcf">Index investing isn’t as passive – or profitable – as you think</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">How many people give thought to what is in the index, who decides what’s in the index, and how are those decisions made?</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Nov 1, 2024 – 4.17pm">Nov 1, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Bhanu Singh</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/australian-shares-5uq">Shares</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/how-these-australian-funds-are-playing-the-us-election-20241029-p5km6h"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3531%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9, https://static.ffx.io/images/$zoom_0.3531%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3531%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9"," https://static.ffx.io/images/$zoom_0.3531%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3531%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9, https://static.ffx.io/images/$zoom_0.3531%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3531%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9"," https://static.ffx.io/images/$zoom_0.3531%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.3531%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9, https://static.ffx.io/images/$zoom_0.3531%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.3531%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9"," https://static.ffx.io/images/$zoom_0.3531%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9 2x"]}"/><img alt="Kris Bernie, Damien Klassen, Christian Baylis are preparing their funds for the US election." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.3531%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.189%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_189%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9, https://static.ffx.io/images/$zoom_0.189%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_189%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9 2x" sizes="(max-width: 767px) 80px" data-id="p5km6h" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.189%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_189%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9"," https://static.ffx.io/images/$zoom_0.189%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_189%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/a0d2546712c31addab75d13357af0869896b78e9 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/how-these-australian-funds-are-playing-the-us-election-20241029-p5km6h">How these Australian funds are playing the US election</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">While some fund managers are bracing for wild swings in the market, others see next week’s poll as a chance to make some money.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Nov 1, 2024 – 1.41pm">Nov 1, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Cecile Lefort</li></ul></div><div class="_8d6149acd2b4b8ecd5e4"><h2 class="_6f6f6c61a03bdf385f07">October</h2></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/investing-1st">Investing</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/the-strategy-that-can-turn-10-000-to-102-000-in-two-decades-20241024-p5kl61"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197, https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197"," https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197, https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197"," https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197, https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197"," https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197 2x"]}"/><img alt="The bottom line is this: markets are efficient, except when they’re not." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_200%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197, https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_200%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197 2x" sizes="(max-width: 767px) 80px" data-id="p5kl61" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_200%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197"," https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_200%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/bb052ed959505bdfa494603a65452e3117747197 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/the-strategy-that-can-turn-10-000-to-102-000-in-two-decades-20241024-p5kl61">The strategy that can turn $10,000 to $102,000 in two decades</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">An investing strategy popularised by Peter Lynch is finding favour again.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Oct 30, 2024 – 5.00am">Oct 30, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Lucy Dean</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/managed-funds-hon">Managed funds</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/franklin-templeton-hit-by-record-outflows-as-clients-ditch-troubled-western-unit-20241028-p5km00"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_13/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7, https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_13/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_13/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7"," https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_13/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_13/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7, https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_13/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_13/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7"," https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_13/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_13/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7, https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_13/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_13/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7"," https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_13/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7 2x"]}"/><img alt="More than $US37 billion left Western Asset Management, the subsidiary at the centre of the concerns, in the past three months. " class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.5298%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_13/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.2838%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_120%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7, https://static.ffx.io/images/$zoom_0.2838%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_120%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7 2x" sizes="(max-width: 767px) 80px" data-id="p5km00" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.2838%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_120%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7"," https://static.ffx.io/images/$zoom_0.2838%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_120%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/f41c4c9bce3664d7062dfb7384f935f8b8ef03f7 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/franklin-templeton-hit-by-record-outflows-as-clients-ditch-troubled-western-unit-20241028-p5km00">Franklin Templeton hit by record outflows as clients ditch troubled Western unit</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">The group, which manages $2.6 trillion in assets, announced in August that the CIO of its largest subsidiary had been put on leave amid a probe by the SEC.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Oct 28, 2024 – 5.42pm">Oct 28, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Madison Darbyshire</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/fixed-income-hvo">Fixed income</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/four-things-investors-must-know-before-leaping-into-private-credit-20241023-p5kkj0"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.8005%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_88/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4, https://static.ffx.io/images/$zoom_0.8005%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_88/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.8005%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_88/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4"," https://static.ffx.io/images/$zoom_0.8005%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_88/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.8005%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_88/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4, https://static.ffx.io/images/$zoom_0.8005%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_88/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.8005%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_88/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4"," https://static.ffx.io/images/$zoom_0.8005%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_88/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.8005%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_88/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4, https://static.ffx.io/images/$zoom_0.8005%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_88/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.8005%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_88/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4"," https://static.ffx.io/images/$zoom_0.8005%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_88/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4 2x"]}"/><img alt="Consider location, risk, diversification and quality if you’re contemplating investing in private credit. " class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.8005%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_88/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.4%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_128%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4, https://static.ffx.io/images/$zoom_0.4%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_128%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4 2x" sizes="(max-width: 767px) 80px" data-id="p5kkj0" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.4%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_128%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4"," https://static.ffx.io/images/$zoom_0.4%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_128%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/cd6d4ab74726089b84e0807eedaf589b0c5af6f4 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/four-things-investors-must-know-before-leaping-into-private-credit-20241023-p5kkj0">Four things investors must know before leaping into private credit</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Private credit is a newly accessible asset class for retail investors, but there are potential traps for the unwary as not all private credit is the same.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Oct 24, 2024 – 2.52pm">Oct 24, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Nehemiah Richardson</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/passive-investing-1n5s">Passive investing</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/is-passive-investing-a-safe-bet-or-a-double-edged-sword-20240923-p5kcpa"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1915%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_83/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f, https://static.ffx.io/images/$zoom_0.1915%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_83/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1915%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_83/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f"," https://static.ffx.io/images/$zoom_0.1915%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_83/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1915%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_83/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f, https://static.ffx.io/images/$zoom_0.1915%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_83/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1915%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_83/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f"," https://static.ffx.io/images/$zoom_0.1915%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_83/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.1915%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_83/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f, https://static.ffx.io/images/$zoom_0.1915%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_83/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.1915%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_83/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f"," https://static.ffx.io/images/$zoom_0.1915%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_83/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f 2x"]}"/><img alt="Passive investing can carry unintended consequences, making it a balancing act for investors." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.1915%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_83/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1025%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f, https://static.ffx.io/images/$zoom_0.1025%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f 2x" sizes="(max-width: 767px) 80px" data-id="p5kcpa" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1025%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f"," https://static.ffx.io/images/$zoom_0.1025%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/f09a9c50c29f428e3ceb98a3eb6f39b457b4b23f 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/is-passive-investing-a-safe-bet-or-a-double-edged-sword-20240923-p5kcpa">Is passive investing a safe bet or a double-edged sword?</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">While typically considered benign, passive index investing can come with unintended consequences.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Oct 9, 2024 – 5.00am">Oct 9, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Todd Hoare</li></ul></div><div class="_3eaacab240fc7c859667 ee02a2ddc0855779f8c1"><div class="adWrapper _4ea0aa84b71a8a06c45e _3c67946999805fcc0b82" data-testid="ad-wrapper"><div class="" id="adspot-320x360_320x50_300x250_300x50-pos3-mobile"></div><div class="" id="adspot-728x90-pos3-tablet"></div><small class="acd99af3e011c9b90ee4">Advertisement</small></div></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/hybrid-securities-1mp5">Hybrids</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/trading-regulatory-risk-in-the-40b-hybrid-sector-20241004-p5kfy4"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73, https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73"," https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73, https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73"," https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73, https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73"," https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73 2x"]}"/><img alt="Hybrids are inherently safer and less complex than equities from a pure valuation perspective." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.7936%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_11/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.4%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_28%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73, https://static.ffx.io/images/$zoom_0.4%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_28%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73 2x" sizes="(max-width: 767px) 80px" data-id="p5kfy4" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.4%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_28%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73"," https://static.ffx.io/images/$zoom_0.4%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_28%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/485aaba3d01cecfde3776f291aebf7e5ac23ab73 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/trading-regulatory-risk-in-the-40b-hybrid-sector-20241004-p5kfy4">Trading regulatory risk in the $40b hybrid sector</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Investors are puzzling over what to do with their hybrids following APRA’s proposal to phase out the sector.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Oct 4, 2024 – 2.22pm">Oct 4, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Christopher Joye</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/recycling-crisis-1n4t">Recycling crisis</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/bingo-slashed-to-junk-under-heaving-debt-burden-cash-burn-20241001-p5kexq"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2649%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65, https://static.ffx.io/images/$zoom_0.2649%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2649%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65"," https://static.ffx.io/images/$zoom_0.2649%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2649%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65, https://static.ffx.io/images/$zoom_0.2649%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2649%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65"," https://static.ffx.io/images/$zoom_0.2649%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2649%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65, https://static.ffx.io/images/$zoom_0.2649%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2649%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65"," https://static.ffx.io/images/$zoom_0.2649%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65 2x"]}"/><img alt="Bingo under pressure" class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.2649%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.2788%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_320%2C$y_254/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65, https://static.ffx.io/images/$zoom_0.2788%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_320%2C$y_254/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65 2x" sizes="(max-width: 767px) 80px" data-id="p5kexq" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.2788%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_320%2C$y_254/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65"," https://static.ffx.io/images/$zoom_0.2788%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_320%2C$y_254/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/c95ad09ee42865d5f9405802e0c65fe748a43d65 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/bingo-slashed-to-junk-under-heaving-debt-burden-cash-burn-20241001-p5kexq">Bingo slashed to junk under heaving debt burden, cash burn</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Woes at Macquarie Asset Management’s troubled waste management business are mounting as the company adds $100 million to an already heavy debt burden.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Oct 1, 2024 – 3.43pm">Oct 1, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Elouise Fowler</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/portfolio-management-hvs">Portfolio management</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/retirees-and-millennials-must-take-vastly-different-investment-paths-20240924-p5kd51"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01, https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01"," https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01, https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01"," https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01, https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01"," https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01 2x"]}"/><img alt="Retirees may be drawn to private credit but private equity suits Millennials better. " class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.5521%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_135%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01, https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_135%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01 2x" sizes="(max-width: 767px) 80px" data-id="p5kd51" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_135%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01"," https://static.ffx.io/images/$zoom_0.35%2C$multiply_3%2C$ratio_1%2C$width_378%2C$x_135%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/f9868e2005ec0e37aeaf51acd7e88c58a18cbc01 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/retirees-and-millennials-must-take-vastly-different-investment-paths-20240924-p5kd51">Retirees and Millennials must take vastly different investment paths</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">The traditional investment thesis of recent decades may be blown apart by the fragmentation of investor cohorts.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Oct 1, 2024 – 10.20am">Oct 1, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Giselle Roux</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="_827baa24171e26db7eb8" data-pb-type="lb">Opinion</li><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/exchange-traded-funds-6fjf">ETFs</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/why-thematic-etfs-are-usually-duds-20240924-p5kd4y"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a, https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a"," https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a, https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a"," https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a, https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a"," https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a 2x"]}"/><img alt="Investors who follow fads rarely get rich. " class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.6623%2C$multiply_2%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.5376%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_407%2C$y_26/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a, https://static.ffx.io/images/$zoom_0.5376%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_407%2C$y_26/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a 2x" sizes="(max-width: 767px) 80px" data-id="p5kd4y" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.5376%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_407%2C$y_26/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a"," https://static.ffx.io/images/$zoom_0.5376%2C$multiply_2%2C$ratio_1%2C$width_378%2C$x_407%2C$y_26/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/efcb60c3ee685b60d9ed0bfb3ed89928ac23184a 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/why-thematic-etfs-are-usually-duds-20240924-p5kd4y">Why thematic ETFs are usually duds</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Thematic exchange-traded funds – think electric vehicles, renewable energy or AI – promise to cash in on exciting trends, but are often disappointing.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Oct 1, 2024 – 5.00am">Oct 1, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Duncan Burns</li></ul></div><div class="_2a375787b0445831d590 undefined" data-pb-type="st" data-testid="StoryTileBase"><ul class="_0b1bc3d78ea095194854"><li class="a246b92565ecb542928c" data-pb-type="tg"><a class="_42af974e5a3d4ed26dfa" href="/topic/australian-shares-5uq">Shares</a></li></ul><a tabindex="-1" class="_34627b94c0e50bb839e2 _2987af3429202c065ea6" href="/wealth/investing/how-to-know-if-it-s-time-to-sell-shares-20240918-p5kbjb"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2174%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_53/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a, https://static.ffx.io/images/$zoom_0.2174%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_53/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2174%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_53/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a"," https://static.ffx.io/images/$zoom_0.2174%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_53/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a 2x"]}"/><source media="(min-width: 1020px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2174%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_53/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a, https://static.ffx.io/images/$zoom_0.2174%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_53/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2174%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_53/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a"," https://static.ffx.io/images/$zoom_0.2174%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_53/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a 2x"]}"/><source media="(min-width: 768px)" width="140" height="79" srcSet="data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==, data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAABAAAAAJCAQAAACRI2S5AAAAEElEQVR42mNkIAAYRxWAAQAG9gAKqv6+AwAAAABJRU5ErkJggg==" data-srcset="https://static.ffx.io/images/$zoom_0.2174%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_53/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a, https://static.ffx.io/images/$zoom_0.2174%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_53/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":140,"urls":["https://static.ffx.io/images/$zoom_0.2174%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_53/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a"," https://static.ffx.io/images/$zoom_0.2174%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_53/t_crop_custom/c_scale%2Cw_280%2Cq_52%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a 2x"]}"/><img alt="Commonwealth Bank had been in a “hyper rally”." class="c101ad2e6ff325391dc3" data-testid="Image-image" src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-src="https://static.ffx.io/images/$zoom_0.2174%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_53/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a" srcSet="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7, data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" data-srcset="https://static.ffx.io/images/$zoom_0.1081%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_32%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a, https://static.ffx.io/images/$zoom_0.1081%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_32%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a 2x" sizes="(max-width: 767px) 80px" data-id="p5kbjb" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.1081%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_32%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a"," https://static.ffx.io/images/$zoom_0.1081%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_32%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/d79364d9ca2088e2dff75e46aed647c2ee406c3a 2x"]}" width="80" height="80"/></picture></figure></a><h3 class="_62c7d7c7c34cae467a1e" data-pb-type="hl" data-testid="StoryTileHeadline-h3"><a class="_397771544ed8c5d691f0" href="/wealth/investing/how-to-know-if-it-s-time-to-sell-shares-20240918-p5kbjb">How to know if it’s time to sell shares</a></h3><p class="_3a1f8a9c948a5db018aa" data-pb-type="ab">Sometimes it’s best to sell slowly; at other times quicker is better. Experts weigh in on how to know when it’s time to sell.</p><ul class="_0b1bc3d78ea095194854 undefined"><li class="_2d0adc25d443f711245d"><time data-testid="StoryTile-Timestamp" dateTime="Oct 1, 2024 – 5.00am">Oct 1, 2024</time></li><li class="_44bd63b935580ae27af0" data-testid="StoryTile-Byline">Lucy Dean</li></ul></div></div><aside class="_33d57aea4405eb8b280a" id="stickyContainer"><div class="_091cc92a9c8b3f998430"><div id="stickyPlaceholder"></div><div class="_3eaacab240fc7c859667"><div class="adWrapper _4ea0aa84b71a8a06c45e" data-testid="ad-wrapper" id="stickyAd"><div class="" id="adspot-300x600_300x250_160x600-pos3-desktop"></div><small class="acd99af3e011c9b90ee4">Advertisement</small></div></div></div></aside></div></div></main><div class="_75aee6e589fb6ed75495" data-testid="PreFooter"><div class="cf428258f5c50e8644f7" data-testid="AFR Magazine"><header class="_56c05542b9ad68131900" data-testid="ContentUnitHeading-header"><h2 data-pb-type="false" 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0 .828-.355.828-.995V.881h1.127v3.593c0 1.143-.739 1.839-1.954 1.839-1.283 0-1.977-.738-1.977-2.094zM55.1 4.623c.373.518.671.717 1.044.717.396 0 .701-.263.701-.596 0-.412-.492-.611-.962-.803-.314-.128-1.544-.497-1.544-1.669 0-.901.761-1.547 1.82-1.547.888 0 1.403.54 1.679 1.008l-.791.56c-.373-.482-.642-.652-.993-.652-.335 0-.589.213-.589.49 0 .398.321.56.947.802.68.277 1.56.625 1.56 1.768 0 .952-.769 1.598-1.91 1.598-1.06 0-1.588-.732-1.798-1.129zM59.831.881h4.043v.994h-1.47v4.31h-1.125v-4.31H59.83zm6.327 0h1.776c1.223 0 1.872.554 1.872 1.583 0 .888-.641 1.208-.962 1.37l1.096 2.351h-1.178l-1-2.151h-.47v2.151h-1.134zm1.127.866V3.21h.179c.455 0 1.126 0 1.126-.731 0-.52-.29-.732-.969-.732zM73.133.88h1.433l1.588 5.304H75.02l-.35-1.2h-1.79l-.35 1.2h-.941zm.627 1.087-.656 2.236h1.327zM78.228.88h1.127v4.31h2.543v.994h-3.67zm5.194 0h2.439v.554h-.649V5.63h.657v.554h-2.447v-.554h.664V1.435h-.664zm5.61 0h1.433l1.588 5.304H90.92l-.352-1.2h-1.79l-.35 1.2h-.94zm.627 1.087-.657 2.236h1.328zM94.254.88h1.201l1.73 3.359V.88h1.053v5.305H97.2l-1.895-3.628v3.628h-1.052zm71.371-.006c1.365 0 2.496 1.19 2.496 2.624 0 1.433-1.131 2.623-2.496 2.623s-2.495-1.19-2.495-2.623 1.13-2.624 2.495-2.624"></path></svg><span class="_26c25e0b12e74d0a9c93">The Australian Financial Review Magazine</span></a></h2></header><div class="_7d871b0088b82f7f587d" data-pb-type="st" data-testid="StoryTileBaseImageLed"><a tabindex="-1" class="_0c5ddbeb4a430fb3021d" href="/life-and-luxury/food-and-wine/max-allen-s-top-20-drinks-of-the-year-20240927-p5kdzl"><figure class="_6f6db0aa612a03c039e8" data-pb-type="im"><picture><source media="(min-width: 1180px)" width="300" height="169" srcSet="https://static.ffx.io/images/$zoom_0.1609%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_300%2Cq_88%2Cf_auto/fb72db37639d6b2a00a6885cb60990d1ff7ccf8c, https://static.ffx.io/images/$zoom_0.1609%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_600%2Cq_52%2Cf_auto/fb72db37639d6b2a00a6885cb60990d1ff7ccf8c 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":300,"urls":["https://static.ffx.io/images/$zoom_0.1609%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_300%2Cq_88%2Cf_auto/fb72db37639d6b2a00a6885cb60990d1ff7ccf8c"," https://static.ffx.io/images/$zoom_0.1609%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_600%2Cq_52%2Cf_auto/fb72db37639d6b2a00a6885cb60990d1ff7ccf8c 2x"]}"/><source media="(min-width: 1020px)" width="240" height="135" srcSet="https://static.ffx.io/images/$zoom_0.1609%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_240%2Cq_88%2Cf_auto/fb72db37639d6b2a00a6885cb60990d1ff7ccf8c, https://static.ffx.io/images/$zoom_0.1609%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_480%2Cq_52%2Cf_auto/fb72db37639d6b2a00a6885cb60990d1ff7ccf8c 2x" data-pb-im-config="{"aspectRatio":1.777778,"type":"landscape16x9","width":240,"urls":["https://static.ffx.io/images/$zoom_0.1609%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_240%2Cq_88%2Cf_auto/fb72db37639d6b2a00a6885cb60990d1ff7ccf8c"," https://static.ffx.io/images/$zoom_0.1609%2C$multiply_4%2C$ratio_1.777778%2C$width_1059%2C$x_0%2C$y_0/t_crop_custom/c_scale%2Cw_480%2Cq_52%2Cf_auto/fb72db37639d6b2a00a6885cb60990d1ff7ccf8c 2x"]}"/><source media="(min-width: 768px)" width="80" height="80" srcSet="https://static.ffx.io/images/$zoom_0.0861%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_133%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/fb72db37639d6b2a00a6885cb60990d1ff7ccf8c, https://static.ffx.io/images/$zoom_0.0861%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_133%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/fb72db37639d6b2a00a6885cb60990d1ff7ccf8c 2x" data-pb-im-config="{"aspectRatio":1,"type":"square1x1","width":80,"urls":["https://static.ffx.io/images/$zoom_0.0861%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_133%2C$y_0/t_crop_custom/c_scale%2Cw_80%2Cq_88%2Cf_auto/fb72db37639d6b2a00a6885cb60990d1ff7ccf8c"," https://static.ffx.io/images/$zoom_0.0861%2C$multiply_4%2C$ratio_1%2C$width_378%2C$x_133%2C$y_0/t_crop_custom/c_scale%2Cw_160%2Cq_52%2Cf_auto/fb72db37639d6b2a00a6885cb60990d1ff7ccf8c 2x"]}"/><img alt="Someone’s gotta do it - our intrepid drinks editor Max Allen has chosen his top drops for the year. 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