The Ultimate Investing Guide for 2024 – Livewire Exclusive
The last three years in markets have been nothing short of challenging. Investors watched on with glee as the Reserve Bank of Australia artificially buoyed markets. That is, before the horror set in. Since May 2022, the RBA has ratcheted up rates 425 basis points, sending the market – and all assets for that matter – into disarray.
But, Mr Market is forward-looking – and, despite being confronted with the “new normal”, house prices have continued to soar higher, yields on fixed income assets are attractive once again, and the S&P/ASX 200 delivered a surprisingly solid 7.8% return for 2023.
That said, investors still face a variety of obstacles, with a new era of higher rates and slowing growth being their hardest…