The real question isn’t if AI is a good investment. It’s if this is an effective strategy for moving towards your long-term financial goals.
The local sharemarket posted a volatile start to the week on Monday,with gains early in the day all but erased by market close.
Big oil’s secretive trading arms are having an extraordinary year,trading far more of the stuff than they actually produce.
Having a small share of retirement savings invested in Elon Musk’s rocket business may not sit well with everyone,but it’s how the super system is meant to work.
The Australian sharemarket rose on Friday,helped by a rise in mining shares on the back of strong commodity prices.
The sharemarket has closed in the red after rising oil prices and a flare-up in Middle East tensions reignited inflation concerns.
The ASX made up for early losses to close the day slightly lower,as a rising oil price pushed energy shares higher.
Australia’s sharemarket has resumed its decline after a container ship in the Strait of Hormuz was hit by a projectile,testing a fragile truce between the US and Iran.
Australia’s sharemarket has started the week lower as trading volumes plunged and investors awaited the next market-moving catalyst.
Superannuation funds say the AI boom has not created a sharemarket bubble,but they acknowledge the risks posed by surging valuations and market euphoria.