The Australian equity market has returned an average of 13.2% per year from 1900 to 2021 according to the updated chart from MarketIndex. This return denotes total return – that is with dividends reinvested. Another fact to be pointed out is in the past 122 years, positive return years outperformed the number of years when …
Westpac Banking Corporation’s ADR facility has been terminated by the depository BNY Mellon. ADR holders should automatically receive the cash proceeds($14.48 per ADR) in their accounts according to a notice posted by BNY Mellon. Full details are shown below: Click to enlarge Source: BNY Mellon Earlier: Westpac Voluntarily Delisted ADRs From NYSE Disclosure: Long WEBNF
One of the strategies that goes with diversification and patience is periodic investing. To put it another way, regular contributions into equity accounts and buying stocks can earn excellent returns over the long-term as measured in years. This is because with regular investing, an investor is able to pick up stocks on the cheap when …
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Diversification and patience are two of the free and simple strategies for success with equity investing. Patience requires not only holding stocks when the market is soaring but also the ability to withstand during dramatic and painful declines. Diversification on the other hand is easier to follow and implement with one’s portfolio. It is always …
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Australia’s Westpac Banking Corporation’s ADR was delisted from the NYSE and last traded there on Jan 31, 2022. ADR holders have the option of converting them to ordinary shares trading on the US OTC market or on the domestic market in Australia. The deadline to surrender ADRs is June 2, 2022 – less than 2 weeks away. …
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