Pete Wargent blogspot

CEO AllenWargent Property Buyers, & WargentAdvisory (institutional). 6 x finance author.

'Huge fan of your work. Very impressive!' - Scott Pape, The Barefoot Investor, Australia's #1 bestseller.

'Must-read, must-follow, one of the finest analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Business Insider.

'I've been investing 40 years yet still learn new concepts from Pete; one of the finest young commentators' - Michael Yardney, Amazon #1 bestseller.

'The most knowledgeable person on Aussie real estate - loads of good data & charts...most comprehensive analyst I follow in Oz' - Jonathan Tepper, Variant Perception, 2 x NYT bestseller.

Saturday, 14 February 2015

7 year high

More good news for Australian household wealth as the ASX 200 (XJO) added 2.33 percent having threatened to add 2.6 percent earlier in the trade.

This came off the back of Governor Stevens' appearance at the House of Representatives Economics Committee where he confirmed that the Reserve Bank still feels that interest rate cuts are still worthwhile.

The All Ordinaries (XAO) added 2.239 percent.


Share markets are now at their highest levels in 7 years.

Sitting it out and waiting for a crash is a worthy objective - but perhaps not an effective one in a low interest rate era.