Millennials invest in travel over homeownership as priorities shift
A new study from share trading platform, moomoo, reveals almost half (48%) of Aussies ages 28 to 42 prioritise leisure spending above saving for a home deposit.
%20(1)%20(1)%20(1)%20(1)%20(1).png?width=324)
Aussie ETF investors hit 2 million: What’s luring people?
Aussie investors are eating up ETFs (exchange-traded funds) with more than 2 million currently invested in ETFs for the first time according to fund manager Betashares. And it isn’t likely to stop there, with the fund manager finding that an additional 310,000 can be expected to enter into the market over the coming years.
%20(1)%20(1)%20(1).png?width=324)
Market Cap: What is it and how does it work?
If you’ve been involved in stocks for any amount of time, it’s likely that you’ve come across market caps. In fact, the market caps of some of the biggest companies on Wall Street are over 1 Trillion, with the largest market cap at over 2 Trillion (for contrast, Australia’s GDP is 1.553 trillion USD).
.png?width=324)
How can Aussies invest in US shares?
Are you an Australian investor looking to trade shares in the US shares? It’s not hard to see why you’d be interested—McDonald's, Apple, Coca-Cola, and a hundred other recognisable brands all trade on the American stock market. Not only that but getting access to the world's biggest stock markets can help you to diversify your portfolio.
Gen Y and Z investors outperform baby boomers in 2023
Fintech Openmarkets’ latest quarterly share trading data reveals that Gen Y and Z portfolios outperformed those of Gen X and the Baby Boomers, with median 12-month returns of 6.15%.
ASX reveals Australia’s favourite investments, rise of online share trading platforms
The popularity of share trading in Australia is taking off, according to the Australian Securities Exchange’s (ASX) latest report, the Australian Investor Study 2023.
Gen Y and Z lead the charge on buying stocks, despite less diversifying
New data from Openmarkets’ XYZ of Australian equities report reveals that despite the pressures brought forth by inflation and the cost of living crisis, younger investors are bucking the trend towards selling their equities, unlike their older counterparts.
NAB pilots world-first international stablecoin transaction
The National Australia Bank (NAB) has successfully completed the first intra-bank, international transaction on a public blockchain, using NAB’s own stablecoin, AUDN.
Syfe launches in Australia with focus on education and long-term wealth generation
Syfe launched in Australia this month, bringing to our shores the mission to “transform the way that everyday people manage and invest their money,” according to Samantha Horton, Syfe’s chief business officer.
Stake’s ‘Stockest 100’ reveals key sectors for investors in 2022
Over the past 12 months, share trading platform Stake compiled a Triple J ‘Hottest 100’ style list of the 100 most-traded Australian stocks of 2022.