Australian Investors Podcast Top 20 traded ASX shares, and the most popular brokers
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Dec 9, 2024 Doug Morris, CEO of Sharesight, offers a peek into the world of investment tracking, used by over 400,000 investors. He discusses the meteoric rise of ETFs in Australia and how younger investors are evolving their strategies amidst financial pressures. Insights on the most traded ASX shares and popular brokers reveal shifting trends in 2024. Plus, Doug shares his bold forecast for 2030, exploring the impact of technology on portfolio management and the future of passive income.
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Sharesight's Adaptation to ETFs
- Sharesight's customer base owning ETFs grew from 6% to 35%, reflecting a broader market trend.
- This growth required Sharesight to adapt by improving data feeds and adding ETF-specific tools.
Early ETF Advice
- Doug Morris was advised to research ETFs before his Morningstar interview two decades ago.
- This advice highlighted the growing importance of ETFs even then, primarily in the US.
ETF Dominance
- ETFs are dominating Australian investors' portfolios, with 11 of the top 20 traded assets being ETFs.
- This reflects a shift in investor behavior, with only seven individual shares making the top 20.