CMC Virtually Live: 5th April 2023

Last update - 5 April 2023 By Rivkin

In this episode of Virtually Live, Shannon Rivkin covers: Mincor (MCR), Whitefield (WHF), minimum wage and the inflation rate, and convertible notes.

In this week’s show

0:18 – General market update
2:53 – Q1: could I please get your thoughts on a recent discovery of mine being LIC Whitefield, boasting 14% average return over 40 years? On the surface would seem to be a good place to park some dollars for my grandson due in 8 weeks.
4:53 – Q2: With the federal government saying they will raise the minimum wage by the inflation rate, won’t this only add to inflation?
5:56 – Q3: Why do companies offer investors convertible notes with a generous interest payment for two years to be redeemed or converted at the end of two years? What are the risks for the investor?
7:06 – Q4: What do you think is going to happen with the Mincor takeover?

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