Question re shareholder voting
I was always told to vote against the renumeration report (not that my vote matters)
But what does it mean to vote for or against
Sorry for the dummy question
depends
can mean vote against increase in salary to directors
can mean vote against share options to directors
can mean vote against bonus for directors
sometimes i vote if I get a link online and they are quick, but normally don’t bother voting.
Like you said, vote means little as a retail investor, and unless there is something dodgy going on, its not going to count for much.
If they get 25% response against remuneration report, the board needs to look into whether the remuneration is reasonable and try and address shareholder concerns.
I’ve gone into our big caps for my latest slab of dough.
Before that I’d been putting money in overseas equities and infra funds.
I think elevated commodities prices will be good for our big miners and rising rates good for banks profitability.
The higher commodity prices being fetched right now should protect our dollar if say the US hike rates a little higher than here, so I’m expecting our importers shouldn’t have anything too rough to worry about.
I’m reasonably optimistic.
P/E ratios are a little high, so I’m not expecting huge appreciation.
Considering more infrastructure investment via some managed funds overseas for a 3-5 year window too.
That’s my thinking.
On the downside I’m avoiding small cap/growth stocks/funds. I’ll stick fat with what I’ve invested thus far, but kinda kicking myself for putting money into them at this stage of the cycle.
Don’t think I’ll lose all my Money on them but it’s certainly weighing on my portfolios performance
Is anyone investing in crypto?
If 25% or more of shareholders vote against the remuneration report two years in a row, they may then propose and vote on a spill motion which, if successful, would force all the directors to stand for re-election.
There is a whole separate thread for that.
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I believe the correct word is gambling, or speculating.
Anyhow, I’m not.
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I agree. As do investing in some of these tiny “penny stock” small caps that run rampant here as investment advice.
Of course amongst it all is the next afterpay and you really want to be on it! 
I suck at investing btw. I’m just happy to be invested and beating cash derivatives/inflation if I can (right now)
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I’m more an index fund guy, like Vanguard. Things that have negligible management fees.
Every time I’ve tried to be clever I’ve done worse than my VAS holding.
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Yeah I’m
The same, I use funds etfs or managed funds.
I tend to go managed funds into developing markets but so far the monkeys(incredibly well paid ones) I’ve been investing with have been hammered.
I really need a baseline to compare how they are managing the downside risk.(which is why I pay the fees over an etf)
That’s because all I really look at is macro trends.
Sometimes that leads me to a single sector then stock picking.
My favourite number is P/E ratios. Easy for a dummy like me to understand and I try to not have too many things to monitor.
Probably looking into a companies balance sheet a little more around debt would be a good idea now for a longer term investment. Generally that’s why growth stocks/funds etc are getting nailed.
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The Economist stating that due to American inflation, Europe’s energy crisis and China’s Omicron outbreak, the world economy might be turning towards recession in about 2 years time…
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what do you invest in?
- ASX 100
- ASX 300
- ASX Small Caps
- AUS ETF
- Foreign Company ETF (ie NDQ)
- Foreign Shares
- Real Estate (outside PPOR)
- Collectibles
- Bonds
0 voters
Summary:
- Inflation at a 40 year high
- Fed Reserve has left raising interest rates too late
- A recession in the US by the end of 2023 has been predicted.
- Sell.
No large caps?
Because I reckon the big miners, banks, supermarkets that make up our big caps on the asx will go okay for the next little while.
Now I have heard it all.
A melt up.
The very mention or thought of a melt up means there won’t be one.
There is no reason right now for irrational exuberance.
I like charts and I like buying indexes when the PE ratio is sensible.
It’s becoming sensible in the US and the aud dollar is high.
But hardly melt up territory.
These share and bond placements simply dilute existing retail shareholders and bond investors, and it happens a lot…with big and small caps stocks.
Its pretty annoying when some investors are treated differently than others.
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to be fair they are in ASX 100 and ETfs
Got an email for CBA Class action
I see 3 options
Do you sign up with the (ambulance chasing ■■■■■■) Maurice & Blackburn
stay in group
or opt out
need to read through the fine print.
Generally they are no win no fee class actions, and Lawyers take a % of payout.
So shouldn’t be any harm, but pays to check.