Thread 60956341

Is the Australian market worth investing in? Any Australian based ETFs worth getting? What about real estate?

I'm asking before I do anything because Australia has the economic complexity of Kenya.

>>60956341 (OP)
It's very easy, betashares ETFs are grouped with simple ticker names like BANKS, TECH and FOOD.
Picrel is their global agriculture ETF performance over the last year.
It's doing OK, kind of a safe bet.
Good for diversification I suppose

https://www.betashares.com.au/fund/global-agriculture-etf/

Their ASX Australian Technology ETF has returned 28.6% over the last 1 year

I'm a midwit when it comes to investing, should I be doing anything better outside of regularly DCAing into VDHG?

>>60956403
no

>>60956376
But what about real estate?

>>60956341 (OP)
Nope
>>60956403
Were you the dude at the commbank session asking where to park a million?

Buy Australia property in Antarctica. Thank me later.

>>60956543
You can't buy Australian property in Antarctica...

>>60956341 (OP)
It has some good gold miner stocks. Some good uranium miners too.

There's also a lot of exploration "penny" stocks, if they find whatever they are exploring for then they shoot up. There's also mining developers... companies that are building a mine but aren't producing. If they execute on their strategy (surprisingly less likely than you might think) and start producing then their multiple will go up a lot.

In terms of ETFs, there are a handful of good ones, but obviously nothing like the variety you can get on US exchanges. Get an IBKR account, they make it easy to trade US stocks.

>>60957190
What's the difference between IBKR and Betashares? Or something like Stake? Is IBKR the best solely because of the fees or what?

>>60956522
idk where you are from but its not like in the US where all the capital goes into stocks and US financial markets. in australia all that capital goes into only one place: real estate, which is in a massive bubble thanks to ridiculous government tax incentives but because we import a large amount of brown skinned sludge humans, this bubble cannot burst or go down as there is always new people keeping demand up. so if you want to invest in australia pretend that our re market is the s&p and then make your decisions from there.
>>60957190
yeah those 'prospective' companies are all jeet rugpulls and nothing ever gets discovered while they string you along like people bagholding a coin posting in a tg updates years later also there is like no liquidity because like i said, everything is in re so the order books that can finance these prospecting companies are always razor thin. there is more liquidity in pump and dump memecoins on solana than those companies. wagie white collar cope, you sound like a smuck who has 'invested' and gotten nothing out of this penny shit. gold is doing well rn, but thats about it.

australia is just primarily a defensive economy with resources mining and bank lending (real estate). theres not much here desu white people have done a shit job at running this country except when it comes to sucking cia cock and importing a million jeets

>>60960587
Buying mining explorers is highly risky and usually you won't get your money back. Even if they do find something they will issue new shares and dilute their stock. HOWEVER, there are instances where you can get a huge return...

In terms of what you say about real estate, it's not really much because of "tax incentives". That's what communistic media outlets like the ABC say because they want to increase tax across the board so that the government has more revenue to pay for socialism.

I'd say the main reason why Australia is structurally biased towards real estate compared with the US is because we haven't had a proper recession since 1991, so the unwind of real estate leverage has not occurred as it has in the USA. Secondly, a lot of the money in real estate is from people buying their own houses... and they are still paying them off so they don't have the spare cash to invest in the stock market (and in the USA, people pay less tax and they earn more, so people tend to have more expendable cash).

The ASX does have unique mining (especially, gold mining and uranium mining) stocks that aren't necessarily available elsewhere, so it's legit to point this out. The following are some gold mining producers (not explorers/developers) who are worth looking at: ALK, BGL, CMM, CYL, EMR, GMD, KCN, NST,OBM,PNR,PRU, RMS, RRL, RSG, SBM, VAU, WAF, WGX.

>>60961228
in the US even they have government backed mortgage securities and they hate socialism more than australia i would say. so why doesnt australia have them? we have a socialised healthcare system after all. the answer is because white protestant cunt politicians from the 80s and 90s sold out this country to jews from wall street and put the entire australian dream of owning a home into the hands of the private banking sector, who are now offshoring jobs to jeets in india and ai. the biggest company in australia is a foreign owned lending bank and ur blaming communism/socialism? anyway, apart from that retard take. i think it is also worth checking out prospecting companies who are going after rare earth metals (australia is the only anglosphere country that has access to these particular types that trump needs, the rest of the worlds deposits which are easily accessible are in the hands of china, russia, iran) also, most people dont know but australia has the worlds largest underground deposits of brackish water that isnt really useful but could be needed in the future for ai cooling data centers. might be something else worth looking into than just the regular minerals most people go for on the asx, but i need to do more research myself first idk if u have anything to add with this

>>60956341 (OP)
No it's not worth investing in. You will see massive capital flight from Australia over the next decade as the country continues it's "gradually, and then suddenly" collapse. Real estate is a massive bubble there which is being propped up by endless immigration, but such a system cannot last indefinitely. Businesses are also shutting up shop left and right due to government-endorsed decline, such as through over-taxation which only keeps getting worse.
Australia is very hostile for businesses. I don't think it's worth investing there.

>>60956341 (OP)

No.

Press S to spit.

>>60961369
It doesn't matter if banks are privately owned, they are backed up by the central bank, which is run by the government. The system itself is a socialist system, banks are basically the retailers of money that is produced by the central bank. It's inevitable that asset prices will grow disproportionately when you have central banking and fiat currency.

Anyway, look at pic related. See that big spike that peaked around 2007/2008? That was US house prices but they fell due to the "GFC". We didn't get that impact so ours kept growing.