We have recently retired and have received some additional cash and are trying to decide where to invest. Whilst many stocks seem to be trading on high PEs; we note warnings against value traps which also applies to bonds and REITs. At this stage of life we need to consider all 3 of : capital security; income and long term growth.
Any suggestions?
A: The $64 question – capital security, income and long term capital growth. Without access to your portfolio, I am loathe to offer individual recommendations. Have a look at our model growth portfolio. Another option might be consider one of the major listed investment companies like Milton Corporation (MLT), or potentially even a fund like the Switzer Dividend Growth Fund (SWTZ).
regards
