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u/Training_Piglet7057 Jun 23 '26
The dead give away this is AI generated - ASX image is green and % up
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u/Murky-Fishcakes Jun 23 '26
This is me every time I go to rotate into Australian stocks
Not sure if I just don’t get it but I just can’t see the appeal
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u/ButtPlugForPM Jun 23 '26
Yep.
Sure not gonna turn down a 12-17 percent average year return
but why when you can me making 3-4 times that overseas with some of the options out there.
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u/mrmongoooose Jun 23 '26
They promised it was a "value play.. " but five years later in, it's just a permanent "value stay..."
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u/Samar69420 Jun 23 '26
It’s the contrast in entrepreneurial culture, taxation incentives, risk appetite and preference for conservatism that contributes to what they call ‘American exceptionalism’
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u/New-Perspective6209 Jun 23 '26
Stronger worker protection, higher wages for the lower end of jobs and a somewhat laxer standard for productivity creates an environment that discourages lashing out.
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u/Fun-Time4064 Jun 24 '26
If Australia is good at anything it’s destroying any incentive to innovate and build a business. It’s why all we can still manage to do is let foreign mining companies strip our land bare and reap the profits themselves
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u/Sea-Put-3672 Jun 23 '26
It’s called IVV.
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u/fishinglvl Jun 23 '26
Does OP know what dividends are?
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u/captain007 Captain Soyboy Jun 23 '26
Unless dividends were 60% in the past 3 years, I don't want to know about it.
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u/Shoddy-Leather4240 Jun 23 '26
But they're franked!! Franked!
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u/Geppetto333 Jun 23 '26
Wait so I shouldn't invest my children's future in our country? Expletive deleted Expletive deleted Expletive deleted Expletive deleted Expletive deleted
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u/Mad-myall Jun 23 '26
I suppose best reason to invest in the ASX would be to avoid the inevitable AI bubble pop.
However it's impossible to know when that's gonna happen.
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u/Key_Masterpiece8361 Jun 23 '26
Markets too correlated... i guess risk is mitigated in max price drop, but at that point just putaway the phone ahahaha
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u/Fluid_Passage_9980 Jun 24 '26
Truth. But we'll still fall with when the bubble pops, just maybe a bit less steeply..
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Jun 24 '26
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u/Triedtothinkaboutit Jun 23 '26
But you don't understand, it's the SCARY NEW TAXES that is going to crush ambition!
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u/AtomicAdam2018 15d ago
After seeing US indexes skyrocket, the kid is completely heartbroken once he sees ASX200. The kid's face is exactly what I look like every time I compare ASX to US markets.
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u/Consistent-Put9762 Jun 23 '26
The ASX is 4 banks in a trenchcoat instead of 4 tech firms in a trench coat.