Dear %%first_name%%,
If your returns from investing in individual stocks haven’t been good, you might need to think about creating a fund of funds portfolio. In my article today, I try to point out that you are your fund manager when you’re running your own SMSF and you need to invest using a proven strategy that will, over the long term, deliver pretty good and consistent results.
And in the Report today, Paul Rickard explains why he likes NAB’s new hybrid issue and the margin, and why he’ll be investing in it. But Paul says he’ll be keeping some powder dry for the next issue and any weakness in the secondary market. The offer is due to open tomorrow (Tuesday).
James Dunn says there’s a growing cohort of companies with significant percentages of their revenue coming from offshore and where there’s a clear structural growth opportunity, to which a falling A$ would represent a tailwind, then it becomes interesting. James looks at 5 of our best-positioned offshore earners.
Stockbroking analysts continue to issue more downgrades than upgrades in ratings for individual ASX-listed entities. For the eight stockbrokers monitored daily, FNArena counted 36 downgrades for the week, only offset by 10 upgrades. You can read more about this in Buy, Sell, Hold, – What the brokers say.
And finally, in our Hot Stock today, CMC Markets’ Chief Market Strategist, Michael McCarthy explains why he likes Whitehaven Coal (WHC).
Enjoy the read and your week!
Sincerely,
Peter Switzer