Dear %%first_name%%,
There are two ways you can play this Coronavirus threat to your wealth — either you cash out now and sit on the sidelines, possibly copping the capital gains implications (if you have any), or you sit this out and let the market recover from the over-the-top reactions of stock markets. In my article today I reveal what I’m doing.
Our model portfolios, which are long-only portfolios, followed the market lower to give up all their gains for January and finish in the red. In his second review for the year, Paul (Rickard) looks at how our income and growth portfolios performed in February and says he has made some small changes.
It’s time for another ‘5 Under 50 cents’ portfolio, which James Dunn gives us today, but not before he checks the results on similar stocks he has called of late.
And in Buy, Hold, Sell – What the Brokers Say, for the week ending Friday 28 February 2020, FNArena registered no less than 28 upgrades in ratings for individual ASX-listed stocks, against only seven downgrades.
Finally, in our “HOT” stocks article, CMC Markets’ Chief Market Strategist, Michael McCarthy, says for the first time in his long career with us that he doesn’t have any buys for this week, but believes this is a good time to “weed” your portfolio. Check out his strategy!
Join us for our upcoming webinar this Friday where Paul and I will be joined by Medallion Financial Group’s Michael Wayne to discuss the winners and losers of reporting season. Click here to register.
We also have some big events scheduled for this month, starting with our Small & Micro Cap Investor Day in Sydney tomorrow. Click below to claim your complimentary tickets:
Switzer Small & Micro Cap Investor Day:
Switzer Investor Strategy Day:
Enjoy the read and your week!
Sincerely,
Peter Switzer