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According to chief market strategist at CMC Markets and host of The Artful Trader podcast Michael McCarthy, there are certain investor personality traits that seem to predict success in the share market.

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In this episode of the nestegg Podcast, Michael joins host Grace Ormsby to outline exactly what these characteristics are, the difference between high-risk and low-risk appetites, and how investors can apply different strategies depending on their own personality type.

Michael also explains how fear can be both helpful and a hindrance for confident decision-making, why failure is a crucial process for investors seeking growth, and where budding investors can begin educating themselves about the markets.

Thanks Matthew, for sharing your insights with the nestegg podcast team!

You can keep up to date with what CMC Markets are up to HERE

Have an investment story to share? Get in touch at [email protected] and you might get featured on the next episode.

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Wednesday, 19 February 2020

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Borrow

Banking’s big 4 set to become the big 5

By Grace Ormsby · January 09 2020

Reading:

Borrow

Banking’s big 4 set to become the big 5

By Grace Ormsby
January 09 2020

Reading:

Banking’s big 4 set to become the big 5

By Grace Ormsby · January 09 2020

Reading:

The tying up of regional institutions could see the big four of the Australian banking scene become the “big five” within the next 10 years, a law firm has predicted.

A new report from multinational law firm MinterEllison that looked at the mergers and acquisition outlook for Australia’s financial services “towards 2030” has envisaged a number of changes to occur in the short term, most notably the idea that a fifth major bank will emerge.

A merger of regional banks servicing different geographic areas would provide greater scale and geographical scope, it said.

The additional acquisitions of smaller banks or mutual or credit unions would then address additional servicing gaps.

The report conceded such a process as being similar to what Australia’s current big four have undertaken “over at least the past 35 years”.

The report also noted that the next 10 years will likely see foreign banks looking to increase their presence in Australia despite the domestic sector continuing to experience significant problems and devaluation.

In particular, it identified Japanese and Chinese institutions among others having a “significant savings surplus and limited domestic or existing long-term growth opportunities” as potentially identifying Australia as an attractive market.

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About the author

Grace Ormsby

Grace is a journalist on Momentum Media's nestegg. She enjoys being able to provide easy to digest information and practical tips for Australians with regard to their wealth, as well as having a platform on which to engage leading experts and commentators and leverage their insight.