Dear %%first_name%%,
I’m not telling you anything you don’t know in saying that the present climate is tough for investors. With interest rates so low, investors are looking at the stock market but many companies are overpriced. The other week on my Switzer TV programme, I interviewed someone I’ve known for years, master of the market and legendary Australian value investor, Anton Tagliaferro, to gauge his views on stocks worth buying.
In his article today, Tony Featherstone says that in almost 30 years of writing about equities he can’t recall a market as strange as this one. He says that experience tells me that in times like these, extreme caution in the share market is warranted. However 3 stocks have caught his attention.
And in Buy, Hold, Sell – What the Brokers Say, stockbrokers have issued 10 downgrades so far this week compared to 5 upgrades.
Finally in Questions of the Week, Paul Rickard answers readers’ queries about whether it’s time to sell; stocks going ex-dividend; whether LICs are “set and forget”; and whether you can write off an investment in a suspended company.
The Switzer Listed Investment Conference is almost here, and tickets in Sydney and Melbourne are almost sold out. Click on the event you would like to attend below to get your tickets:
If you want to ‘Join the Rich Club’, my new book is now available for purchase.
And our next webinar is on tomorrow. Join myself, Paul and Tribeca Investment Partners’ Jun Bei Liu as we discuss what to expect this reporting season. Click here to register.
Talk to you Saturday!
Sincerely,
Peter Switzer