Monday morning wrap up
Added: (Mon Mar 11 2019)
Pressbox (Press Release) -
Here is all the big news you need to know in the finance world this morning
Bitcoin a gamble rather than an investment: Purchasing bitcoinis appearing to be more of a gamble than a worthwhile investment. At the current moment there is no way to accurately measure the value of the virtual currency, and additionally predicting its long term potential is an extremely hard task even with all the research available. Lead researchers for Conway Hill, say bitcoin may possibly be a good investment, however they have yet to find analysis that will assist them in predicting the next move for the coin.
Buffet Cutting back: Warren Buffet’s Berkshire Hathaway has of late cut its holdings on several stocks, including big names like IBM and Oracle. This may be due to recent news surrounding the companies, however Berkshire remains invested in tens of other stocks, and some of them are seen as having great potential for the mainstream investor.
The Key to success: A debate that started in Australia and is taking the world by storm, is the lack of female executives on company boards. An industry that is at particular question, and is all too familiar with the challenge is the technology sector. Female executives in the field have recently been looking at what they can do to encourage more young women to set their career goals higher, this group of powerful women are hoping to provide the next generation with guidance to how they can become a leader in their respective fields.
Buy to live:When purchasinga home to live in,you must set yourself a time frame of at least 10 years. Leading property experts and financial advisors have determined that the minimum time frame to realize the gains on your property investment is a decade. Additionally, and more importantly it means that a lot of the costs that you incur when purchasing a property such as legal fees, moving costs, and stamp duty will likely be written off over an extended period of time.
The markets: As a whole we have seen a minor decline in the US and European stock markets, which in turn will have an adverse effect on the Asian and Australian markets. With the recent news that US President Trump is closer to making a trade deal with china we could see a fairly positive rebound from the markets and quite possibly another bullish run upwards.
Here is your Monday morning brief from us here at Conway, Have a wonderful week.
Sarah Miller – Conway Hill Group