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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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Christmas cheer turning into sustainability fear

By Grace Ormsby · November 18 2019

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Save

Christmas cheer turning into sustainability fear

By Grace Ormsby
November 18 2019

Reading:

Christmas cheer turning into sustainability fear

By Grace Ormsby · November 18 2019

Reading:

Pick presents wisely this festive season or risk your gifts being destined for the bin. One in three Aussies now considers Christmas to be “the most wasteful time of the year”.

According to a new survey from ING, 41 per cent of Australians believed that ill-considered gifts were a significant contributor to the problem of waste during the festive season, compounded by excessive use of packaging and plastics.

ING said an estimated 10 million unwanted gifts were received last Christmas, coming at both an environmental and a financial cost.

More than a quarter of those surveyed revealed that they would prefer to direct family and friends towards gifts they actually want rather than risking unwanted gifts going to waste.

ING’s head of retail bank, Melanie Evans, said: “Every Christmas, the shopping frenzy results in tons of unwanted gifts going into landfill.”

The ING research revealed that novelty items topped the list for the most unwanted items, with 51 per cent of respondents surveyed indicating they would not want such a gift.

Candles and pamper products came in equal second place, with 40 per cent indicating they would not want to receive either of these.

Pyjamas and slippers (35 per cent) and underwear or socks (32 per cent) were also notably unwanted.

More than three in 10 respondents (31 per cent) conceded that it is “hard” to avoid single-use plastics over the festive period.

ING also said the biggest drivers of holiday waste, according to Australians, were: excess gift packaging (65 per cent), wrapping paper (61 per cent), single-use decorations (56 per cent), food packaging (59 per cent) and leftover food (55 per cent).

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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.