Dear %%first_name%%,
As the market continues to wobble, I’m not surprised that some of my readers are getting nervous. To be honest, although I recognise there are some very good companies trading at bargain prices right now, I want to wait to see how the US midterm elections play out before I go all in.
In this kind of environment, investors look for income. So to complement James Dunn’s article from last week, Paul Rickard offers three property trusts today that offer steady yield. Barrie Dunstan is also keeping calm and today he writes about his personal investment approach for his SMSF, which is in pension phase.
And in Buy, Hold, Sell – what the brokers say, there were 22 upgrades last week, versus one downgrade, which reinforces my view that the market is good value at these prices. Let’s just wait and see how it all plays out.
Sincerely,
Peter Switzer