Still in Australia; still collecting the massive 5.7% dividend.
As you can recall in the link below, I have been looooong Australia for a looooooong time.
Last time Australia had a recession pre-covid was 1990. This is their first recession in 30 years, and is exactly the time to build up your dividend dedicated strategy play here.
I have made suggestion on may fund strategies ranging from delta neutral option making IC strategies in the /ES futures market, to growth plays - but when it comes to value in your dividend acct Australia is where it is at.
One of the reasons Australia has been recession proof is the fact that the population is growing faster than GDP. According to the Federal Reserve Bank of St Louis, "For nearly 40 years, Australia has had a higher population growth rate than other industrialized economies". I have heard countless misinformation about immigrants over the years, but the cold hard truth is immigrants are a wonderful blessing and aid countries greatly. Migration is a blessing for countries.
Last time Australia had a recession pre-covid was 1990. This is their first recession in 30 years, and is exactly the time to build up your dividend dedicated strategy play here.
I have made suggestion on may fund strategies ranging from delta neutral option making IC strategies in the /ES futures market, to growth plays - but when it comes to value in your dividend acct Australia is where it is at.
One of the reasons Australia has been recession proof is the fact that the population is growing faster than GDP. According to the Federal Reserve Bank of St Louis, "For nearly 40 years, Australia has had a higher population growth rate than other industrialized economies". I have heard countless misinformation about immigrants over the years, but the cold hard truth is immigrants are a wonderful blessing and aid countries greatly. Migration is a blessing for countries.
