We were pleased that our July meeting of Investment was face to face in our U3A room and to see John Archer back with us. Malcolm Sanders gave us an update on the retiree with $300,000 to invest and how the two portfolios we had seen at the previous meeting were increasing.
We discussed the fact that the ASX 200 had risen by 24% during the 2020-2021 financial year which had just ended. This is apparently the biggest rise on record for that index. We looked at the various indices and sectors and how they had fared during the financial year. We noted that the biggest increases were by the ASX All Technology index which increased by 39%, whilst the Consumer Discretionary Sector had increased by 42%.
We also looked at some distinctly upwardly trending shares, including which sector they belonged to and what their dividend yield and franking was.
To complete the afternoon we discussed an article on “Finding sustainable dividend stocks on the ASX”.
The next meeting of Investment will be on Friday 6th August 2021 at 2pm in the U3A room at the Seniors Centre.
Margaret Jenkins
We discussed the fact that the ASX 200 had risen by 24% during the 2020-2021 financial year which had just ended. This is apparently the biggest rise on record for that index. We looked at the various indices and sectors and how they had fared during the financial year. We noted that the biggest increases were by the ASX All Technology index which increased by 39%, whilst the Consumer Discretionary Sector had increased by 42%.
We also looked at some distinctly upwardly trending shares, including which sector they belonged to and what their dividend yield and franking was.
To complete the afternoon we discussed an article on “Finding sustainable dividend stocks on the ASX”.
The next meeting of Investment will be on Friday 6th August 2021 at 2pm in the U3A room at the Seniors Centre.
Margaret Jenkins
