Equity Mates Investing Podcast Buying a house with a 2% deposit, Apple's falling profit & Pimp my Portfolio with Adam Dawes
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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!
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Apple's Falling Profit
- Apple's profit has fallen significantly, becoming the least profitable among big tech companies.
- This challenges common narratives about Apple's financial strength and presents potential investment opportunities elsewhere.
Government's Interest in Housing Prices
- Australian government policies often inflate housing prices, benefiting them financially and politically.
- The "Help to Buy" scheme gives the government equity, further incentivizing price increases.
Rate Cut Expectations
- Don't base financial decisions on rate cut expectations, as predictions are often wrong.
- Temper your expectations, as various factors suggest inflation may remain persistent.