Dear %%first_name%%,
I’m being a little philosophical this morning and have borrowed from Plato but in these difficult investment times it’s more important than ever to “know thyself” because it’s only then that you can know how to invest properly.
Paul Rickard has followed the same theme today in his article How much cash is enough?. You can only really answer that question if you understand what split between income and growth assets is right for you.
Companies need to know who they are too, nobody likes a surprise in earnings season, least of all the company involved. Today, James Dunn takes us through the good and the bad for last week and previews what’s ahead this week.
In Buy, Sell, Hold – what the brokers say, James Hardie and Tabcorp get upgrades and in Shortlisted we wonder if Ardent is getting expensive and whether Oz Minerals is worth a look.
Auction clearance rates in Melbourne softened, leading to a weaker national picture, while our chartist Gary Stone predicts that the Aussie share market is heading for in excess of 6000.
Sincerely,
Peter Switzer