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Recent Questions & Answers

Wanting to invest a large sum of money, what is the best approach?

I am a 60 year old male and would like to invest ~$1M into the share market.  I missed taking advantage of the dip in the markets during the month of March/April 2020 as the funds were not available.  They are now available to invest and my wife and I need income producing stocks, as we will need to utilise income from the $1M for day to day living expenses.  We are hoping for another dip in the market soon so we can get into some good blue chip income producing shares that had capital upside and also will provide a steady income via dividends.


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Infigen Energy (IFN) – Will they provide a better offer?

Infigen Energy (IFN) is currently a takeover target with IFN’s board recently recommending shareholders accept Iberdrola’s latest offer of $0.895 / share. Closing Date of the offer is 30th July. This morning, Mon. 6th July, IFN quoted on-market at $0.920 – $0.925. Does this suggest market believes there may be a further offer? What advice would you offer shareholders?


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Telstra, should I hold or sell?

I am a long suffering Telstra share holder. The shares crashed under the Labor government and GFC, They then climbed back into the $5.50 range and as the NBN has come on line the shares have sunk back to the $3 to $4 range with a corresponding drop in the dividend. Should I take my $15K loss and move on or hang on?


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BetaShares UMAX – S&P 500 Yield Maximiser Fund‎

About a year ago I purchased a number of units in Betashares S&P 500 Yield Maximiser ETF (UMAX) to give my SMSF extra global exposure. This fund has a management charge of 0.79%, which in hindsight seems a bit high. It was only yesterday that I looked at the portfolio holdings which appears to consist of approximately 80% iShares Core S&P 500 ETF with the remainder in US dollars.

 

This appears to be iShares ticker code IVV, which has a management charge of 0.04%. Would you be able to tell me I am correct and if so, should I sell UMAX and buy IVV?


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