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Showing posts from October, 2019

Why I bought Scentre Group (ASX:SCG) shares

Who is Scentre Group Scentre Group is a Real Estate Investment Trust (REIT) who own all of the Westfield supermarkets in Australia and derive income from renting the stores in the Westfield shopping centres, Scentre Group offer an attractive 5.71% dividend yield. As Scentre Group is a real estate trust the income isn't too impacted by poor performance in the retail sector, after all, shops still need to pay rent, for this reason I feel that Scentre Group is a fairly safe bet with a high yield dividend payout. Here are a couple more reasons I decided to buy Scentre Group shares. Scentre Group shares are trading just below value Dividend yield of 5.71% Scentre Group is in the top 25% of dividend payers in Australia (5.6%) Retail stores will always need to pay rent regardless of an underperforming sector. Portfolio diversification Franking at 30% is a little disappointing but better than 0% As I continue my investment journey and build my stockpicking toolbelt

Why I bought Westpac (ASX:WBC) shares

I now own my very first shares woohoo! As I have only just started investing in the share market and learning about share investing, owning my very first shares is exciting. Owning shares in big banks is a pretty reliable income generator, all of the big banks pay dividends to their shareholders and in many cases the dividends payout is at a higher rate than if you had savings accounts with them. Westpac was a choice for me over the other major Banks for a couple of reasons at the time of my decision. Westpac was not over valued, looking at many of the other major Banks there prices appeared to be overvalued, Westpac was the one bank share that appeared about right, ofcourse lower is always nicer.  Valuation of Westpac shares from the Simply Wallstreet site Dividend yield (I'll talk more about this in a sec) Westpac is in the top 25% of dividend payers in Australia (5.6%) Banking industry is a necessity and is not going anywhere anytime soon. Westpac's w

Could we be in for another Bitcoin bull run in 2020?

A cryptocurrency YouTuber I follow Louis Thomas posted a video titled "We're about to witness another Bitcoin bubble.." and upon watching it I can certainly see it happening based on the charts. The original tweet posted by Twitter user "truenomic" shows two charts examining previous bull runs and bear markets, as compared with the volume, looking at these charts it's clear that we could be starting to approach a new bull run. $BTC : I don't think it makes sense to deny the similarity of these cycles, and that we are at the foot of a new bubble. @woonomic @kenoshaking @ColeGarnerBTC @filbfilb pic.twitter.com/C6orV2If9a — Nik Jaremczuk (@truenomic) October 4, 2019 Pictured above is the chart that was posted in the original tweet, the red rectangles depict bear markets or areas of capitulation, and the yellow rectangles depict the area coming out of a bear market and into a phase of accumulation. In the chart you can see a correlati