Dear %%first_name%%,
Today I want to put emphasis on risk — there’s nothing wrong with risk as long as you understand it. With term deposits less than 2%, anything that offers you a higher return is more risky. There’s nothing wrong with looking around for alternatives but if you don’t understand an investment, then either get to understand it or get out of it! This is the message in my article today.
Recently, three of the four major banks reported their full-year profit results. If you’ve been thinking about selling or buying more of the majors, which ones should you pick or flick? In his article today, Paul (Rickard) takes you through the three majors that have just reported and gives his pick of the crop.
Since 2003, class actions have been on the increase. Aggrieved shareholders have sought redress where the actions or inactions of companies like Myer, NAB, AWB, AMP, Aristocrat Leisure and now Woolworths may have caused them losses. In his article today, James Dunn takes you through recent class actions.
In Buy, Sell, Hold – What the Brokers Say, FNArena registered only four upgrades in ratings for ASX-listed entities against 11 downgrades
And for our Hot Stock this week, CMC Markets’ chief market strategist, Michael McCarthy, explains why he likes Appen (APX) but doesn’t like Xero (XRO).
Pick up a copy of my book Join the Rich Club from the Switzer Store today.
Sincerely,
Peter Switzer