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Equity Mates Investing Podcast

Buying a house with a 2% deposit, Apple's falling profit & Pimp my Portfolio with Adam Dawes

Dec 1, 2024
Financial expert Adam Dawes joins the discussion, offering insights on buying a house with just a 2% deposit through the government's Help to Buy scheme. The conversation also highlights Apple’s shift from the most profitable Big Tech giant to the least, exploring the implications for investors. Dawes shares invaluable portfolio health checks, emphasizing the importance of diversification and prudent investment strategies in a fluctuating market. It's a practical guide for making informed financial choices!
42:58

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Apple has experienced a notable decline in profitability, dropping from the most to the least profitable among the Big 6 tech companies, prompting investors to reassess their strategies.
  • The Australian government's Shared Equity Scheme, allowing homebuyers to enter the market with only a 2% deposit, raises concerns about potential long-term economic impacts on property values.

Deep dives

The Shift in Tech Profitability

Recent analysis of major technology companies reveals a significant shift in profitability, particularly concerning Apple. Once a leader in profits, Apple now ranks lowest among the big six tech companies, trailing behind rivals like Alphabet and Microsoft. Over the past two years, while other companies such as NVIDIA and Meta have seen profit increases exceeding 200%, Apple's profit has declined by nearly 30%. This situation prompts investors to reconsider their perspectives on visible giants like Apple, as previous narratives about their dominance may need reevaluation.

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