Two warning signs the end of the boom is nigh

You may have noticed price records are being smashed in everything from stamps to art, from low-digit number plates to off-the-plan apartments – none of which earn income.

That’s what happens when you get to the end of a boom, even if it’s still a year or so away. The market becomes crowded with wealthy investors indulging in carefree frivolity.

This exclusive video for Professional Planner details the two signs that show we’re closer to the end of the cycle than the beginning and why sitting on cash may be the safest bet.

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Managed account growth drags on GDG results: Morningstar

Managed account growth drags on GDG results: Morningstar

Morningstar says that Generation Development Group’s growth in managed accounts has failed to meet investor expectations and was the cause of a drop in GDG’s share price following the release of March quarter results. The analyst note comes despite Morningstar running competing businesses with GDG, including managed accounts, although it made clear the equity analysis retains a clear separation from other business lines.

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