This week, Joel, Brett, Louis and Steph returns to the podcast with insights on on current share market and real estate market conditions. This podcast will cover recovery that we are currently seeing in the share market as well as the Australian residential real estate market. Furthermore, Louis shares with us what Financial Planners think the best thing to do is that will lead to financial success in the long run.
This Week’s Investor Exchange Round Table Covered:
- Coronavirus, an outlier: In the wake of the SARS virus in 2003, the S&P 500 recorded losses of around 12.8%. All other major outbreaks such as Ebola, Zika and Swine Flu pushed the market down by at least 6%. However, during the current Coronavirus outbreak we have seen an increase on the S&P 500 in the stock market. Joel breaks down why we are seeing such a significant outlier and gives us insights on the underlying conditions that have created this phenomenon.
- Record Speed Recovery: Brett brought with him new data which shows that the Australian residential real estate market is now seeing the fastest recovery in terms of time that it takes for prices to go back to peak. Brett delves into the what is driving the growth in Australian residential real estate as we revisit the First Home Loan Deposit Scheme (Episode 74) which was set to kick off this year.
- Financial Success: Louis brings with him tips on what we can do in our work life to achieve transformational growth which will have the greatest impact on our long term success. How can we set productive goals that helps us prioritise the transformational tasks and deprioritise transactional tasks.
You Cannot Be Serious
Delivery Drama: Some police officers pulled over an UberEats Driver in the UK and they realised that the driver did not have the right insurance. Although they seized the car, they still delivered the McDonalds meal.
Valentines Backlash: One guy reported that even though his girlfriend did not like mushrooms, he blended mushrooms into the Valentine’s Day dinner that he had prepared for her and received heavy backlash on the internet.
Wendy’s Woes: There is a warning against going to a particular Wendy’s franchise in America as one of the staff members snapped a photo of themselves taking a bath in the kitchen sink.