Search
Close this search box.
hudson-financial-planning-logo

Sharemarket Update January 2019

It has been a Happy New Year thus far, after a harrowing last quarter in 2018. For the three months October to December the Australian sharemarket fell 9.7% to land at 5,709 on 31st December. Since then it has risen 4.6% to 5,972 at the time of writing, with just 6 negative trading days throughout the month.

The US has experienced a very similar story with even more inflated figures, falling 11.8% in the last quarter of 2018 but rising 7.2% for January 2019.

The Aussie $ is currently buying 72.5c (US), and in fact has been between the 71c and 73c range for the better part of 4 months, after having fallen from the 80c mark during the first 9 months of 2018.

Book a FREE 15 minute meeting

Plant a tree with us today, to sit in the shade in the future.

More From Hudson Financial

Annual Update – How Much Does the Average Person Require $ Per Annum to Live a Comfortable Retirement?

I have provided an update on the estimated annual cost to live a comfortable or modest standard of living in retirement for singles and couples....

SMSF Pros and Cons

Self-Managed Superannuation Funds (SMSFs) have been dominating my conversations with clients of late.  I have one and my main motivation in doing so was to...

Transitioning From an Accumulator to a Retiree

Transitioning from the accumulation phase to the retirement phase represents not only a change in financial strategy but also a complete psychological shift, one that...
Scroll to Top