New Article: Spreadsheet Vs. Sharesight
Apples Newest Launch + Does WFH Help Workplace Culture?
🚨 New Article 🚨 - 6 Reasons Why A Spreadsheet Isn’t a Genuine Sharesight Alternative
My investing journey has been about as ‘DIY’ as it gets. I’ve never worked In finance, nor do I have a financial qualification (yet). Everything I know about investing has been self-taught. So, when it came to tracking my portfolio, I figured I could teach myself to do that too.
One problem I initially faced was how can I track my holdings efficiently? Naturally, I started out with a basic spreadsheet. That was until I discovered the power of the portfolio tracking tool, Sharesight.
In this article, unpack 6 reasons why a spreadsheet doesn’t compare to Sharesight.
Read the full article by clicking the link below.
What Caught My 👀 This Week
Over the past 50 years, the S&P 500 has lost value in consecutive years on two occasions 2000 to 2002 and 1973 to 1974.
Source: Macrotrends
#From Around The Web
Apples Foray Into AR/VR!
Details of Apple’s entrance into the AR/VR market have become clearer over the past week. The Cupertino based company is planning to release an AR/VR (or mixed reality) headset in 2023, followed by augmented reality glasses in 2024/25.
After years of investment into the space, Apple’s Executive Board recently previewed the headset, indicating development is at an advanced stage.
Apples AR/VR headset will be their first new product release since the Apple Watch in 2015. Sales of the Apple Watch have since grown to the point where Apple now sells more watches than the entire Swiss watch industry!
My portfolio tracker: Shareshight – 4 months free for The Money Pal Readers.
Apple doesn’t release specific revenue figures for their watch. However, it does release financial data for its wearables segment, which includes the Apple Watch, Airpods, HomePod and Beats Headphones. Combined, wearables generated $US 38Bn is revenune in 2021, up 25% from 2020 with the Apple watch accounting for a significant chunk of revenue. For context, that’s more revenue than Netflix generated over the same period!
The law of large numbers suggests that as a company grows, it becomes more difficult to sustain its previous growth rates. Apple’s AR/VR Headset will need to be another smash hit with consumers for it to move Apple’s earnings needle forward in a meaningful way.
Musk Orders All Tesla Employees Back to the Office
A leaked e-mail from Tesla CEO Elon Musk ordered all Tesla employeess to “be in the office a minimun of 40 hours per week or depart Tesla”
Scott Farquhar, Co founder of Atlassian was straight on the front foot in a targeted twitter thread detailing Atlassians flexible working policy.
Better yet, he encouraged any discruntled Tesla employees to join Atlassian!
Understanding an organisations culture is a huge part of my investing process, and good (or bad) Culture starts right from the top.
I’m a believier that Musks hard stance on presense in the office could trigger rebelious behaviours amongst employees, potentially harming their culture. If you treat people like children, they’ll act like children.
My portfolio tracker: Shareshight – 4 months free for The Money Pal Readers.
On the other hand, Atlassians approach demonstrates trust, and empowers employees to manage their own time.
Over a multi-year period, I’d bet that the company that encourages flexible working hours produces higher returns for shareholders simply becuase talented individuals want felxibility. Maybe Teslas cult following will make it an exception to the rule, but for the most part other companies taking a similar hard stance could risk key talent running for the exits.
What do you think?
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