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February--ASX winners & losers 2017; Big Issues of 2018 & more

28/2/2018

 
At the first meeting of Investment for 2018 we welcomed two new members Janette Knapper and Meg Johnson, and also welcomed back Judy Stewart who was a member of Investment 2 a few years ago.

We commenced the year by looking at a comparison of conditions that could affect investing in the Share Market as compared with February of 2014 to 2017. The variation is the all ordinaries, iron ore price and Australian dollar fluctuation were all interesting. However, the increase in the American DOW index was perhaps the most remarkable of the conditions we looked at.

As it was the start of 2018 we also looked at the ASX 200 winners and losers for 2017. Commsec had published some Economic Insights into the Big Issues of 2018, and we studied a précis of these Issues.

The final Topic for the afternoon was Medical Cannabis and the changing scenario behind several companies listed on the Stock Exchange. Changes in State and Federal Government legislature is encouraging these companies, which are still in their infancy, to develop both medicinal and other products for the Australian market and to export these products if appropriate.

The next meeting of Investment will be on Friday 2 March 2018 at 1.30pm in the U3A room at the Seniors Complex, Faulkner Drive, Benalla.
​
Margaret Jenkins

    'Australian Shares and Stock Market'

    This group of U3A members participate in discussion about the Australian share market. 

    ​Members are able to select Long and Short term and Real Time Trading stocks on three spreadsheets. Each month a report by the co-ordinator is provided to look at the individual performances of stocks selected. There will be news handouts on the stock market most months.

    Members are encouraged to present items of interest at the monthly meeting, verbally, via printed sheet or on the overhead projector. 

    There is no investment advice given by the Convenors or any participating member. 

    Convenor

    Picture
    Malcolm Sanders
    ​0408 194 469

    Meeting Times

    1st Monday 
    ​2 pm to 4 pm 

    U3A Meeting Room 1

    Past Convenors

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    Margaret Jenkins, 'Investment' Convenor 2013-2022
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    John Hanlon, 'Investment'
    Co-Convenor 2023

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We acknowledge the traditional owners of the land on which we meet and pay our respects to their elders - past, present and emerging.
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