Dear %%first_name%%,

For the Report today, I kick off asking you these questions: Do you need an alternative strategy to term deposits? And could it be stocks? Anyone not needing to shoot the lights out with their investments should have a reasonable exposure to stocks. Given the terrible term deposit rates, a 50/50 or even a 60/40 exposure for stocks to other assets might be justified, as long as you can sleep if your capital drops by 30% in a huge stock market crash. While I’m in no way giving you financial advice, I feel that those stuck in term deposits mode might need to consider a different strategy.

Also in the Report today, Paul Rickard has been a fan of the beaten up fund administration and registry services provider, Link Administration Holdings (LNK). While the company has been knocked down, here’s Paul’s view on if it can get up again and whether you should buy at these current low prices.

With only this week remaining in the financial year, James Dunn reminds you that it’s time to review your portfolio to reduce CGT by selling any non-performing shares you may be holding. Selling such a stock gives rise to a tax loss that can potentially be handy if it’s used to offset a capital gain on another share. James offers 5 candidates to consider tossing out before June 30.

And with the local share market continuing its uptrend in June, you might think stockbroking analysts are issuing more downgrades than upgrades for individual ASX-listed stocks. Not so. For the week ending Friday 21 June, FNArena counted 7 upgrades and 7 downgrades. Check these out 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 BHP but doesn’t like EML Payments (EML).

Tickets for the Switzer Listed Investment Conference in August are now available. As a valued subscriber, we’d like to invite you to join us in Sydney, Melbourne or Brisbane as our guests. Click below to claim your complimentary tickets:

Enjoy the read and your week!



Sincerely,

Peter Switzer