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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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Housing the ultimate wealth status symbol in 2019

By Cameron Micallef · September 16 2019

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Invest

Housing the ultimate wealth status symbol in 2019

By Cameron Micallef
September 16 2019

Reading:

Housing the ultimate wealth status symbol in 2019

By Cameron Micallef · September 16 2019

Reading:

Australians are shifting their thinking on what it means to be wealthy, thanks to the housing bubble, new research has shown.

The study, conducted by the University of Sydney’s Professor Lisa Adkins, found that work and employment status are no longer the sole driver of inequality, with personal assets being a key decider and distributor of life chances.

“In the present era, where mid-sized homes in large western cities often appreciate by far more in a given year than it is possible for middle-class wage-earners to save from wages, such a continued focus on employment as the main determinant of class is increasingly untenable,” the professor said.

Examining the Sydney landscape, Professor Martijn Konings has offered that property growth outstripping salaries means the old model for “wealth” is no longer relevant.

He explained that “property inflation cannot be seen as just a speculative bubble or a result of poor policymaking”.

“Yes, it may be those things in part, but it is also a structural feature of the current phase of capitalism and has been central to the production of a new social structure of class and stratification that is characterised by a logic of its own,” Professor Konings said.

Based off the research, the new categories of wealth are:

Investors
Outright home owners
Home owners with a mortgage
Renters without property or a mortgage
Homeless Australians

nestegg has previously looked at what can be considered as “wealth” in Australia.

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About the author

Cameron Micallef

Cameron is a journalist for Momentum Media's nestegg and Smart Property Investment. He enjoys giving Aussies practical financial tips and tricks to help grow their wealth and achieve financial independence. As a self-confessed finance nerd, Cameron enjoys chatting with industry experts and commentators to leverage their insights to grow your portfolio.