MENU

Queenslanders falling behind on shares

The 2012 Australian Share Ownership Study that was released yesterday by the ASX (ASX: ASX) outlined the typical profile of a direct share owner, in which it was interesting to note the states and territories where higher incidence in direct share ownership occurred.

It was revealed that falling behind the pack were Queensland, Tasmania, South Australia and Northern Territory, whilst Victoria, New South Wales, Australian Capital Territory and Western Australia all had highest incidence. The top performing regions were Western Australia and Australian Capital Territory, which both recorded 45% of adults being direct shareholders, whilst only 26% of Queenslanders fit the profile – far below the nation’s average of 34%.

As the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) creeps ever higher, it’s not too late to get involved in the gains! The key to making those gains is finding well-run companies at low, underappreciated prices. For instance, QBE Insurance Group’s (ASX: QBE) price has been battered down in recent times due to the numerous natural disasters over the globe, although still remains a very attractive prospect at around $15.30. Meanwhile, it seems like the gains for a number of telecommunications companies, including Vocus Communications (ASX: VOC) and Amcom Telecommunications (ASX: AMM), are only just beginning.

Think it’s time to get involved? The Australian Financial Review says “good quality Australian shares that have a long history of paying dividends are a real alternative to a term deposit.” Get “3 Stocks for the Great Dividend Boom” in our special FREE report. Click here now to find out the names, stock symbols, and full research for our three favourite income ideas, all completely free!

More reading

The Motley Fool’s purpose is to help the world invest, better.  Click here now  for your free subscription to Take Stock, The Motley Fool’s free investing newsletter. Packed with stock ideas and investing advice, it is essential reading for anyone looking to build and grow their wealth in the years ahead.  This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson. Motley Fool contributor Ryan Newman does not own shares in any of the companies mentioned in this article.

The 5 mining stocks we’re recommending in 2019…

For decades, Australian mining companies have minted money for individual investors like you and me. But if you believe the pundits and talking heads on TV, those days are long gone. Finito! Behind us forever…

We say nothing could be further from the truth. To earn the really massive returns, you’ve got to fish where others aren’t fishing—and the mining sector could be primed for a resurgence. That’s why top Motley Fool analysts just revealed their exciting new research on 5 ASX miners they believe could help you profit in 2019 and beyond…

Including:

The best way we see to play the global zinc shortage… Our #1 favourite large-cap miner (hint: it’s not BHP)… one early-stage gold miner we think could hit the motherlode… Plus two more surprising companies you probably haven’t heard of yet!

For free access to our brand-new research, simply click here or the link below. But be warned, this research is available free for a limited time only, and we reserve the right to withdraw it at any time.

Click here for your FREE report!