Why Rickard’s Portfolios outperform. Banks and healthcare are his secret sauce!
In my article today, I look at why my model portfolios have had a ripping good year but I’ll start by examining how the overall market has fared.
Paul Rickard has more than 30 years’ experience in financial services and banking, including 20 years with the Commonwealth Bank Group in senior leadership roles. Paul was the founding Managing Director and CEO of CommSec, and was named Australian ‘Stockbroker of the Year’ in 2005. In 2011, Paul teamed up with Peter Switzer and Maureen Jordan to launch the Switzer Report, a newsletter and website for share market investors. A regular commentator in the media, investment advisor and company director, he is also a Non-Executive Director of Tyro Payments Ltd and PEXA Group Limited.
In my article today, I look at why my model portfolios have had a ripping good year but I’ll start by examining how the overall market has fared.
Resmed keeps getting impacted by the new weight loss drugs, is it time to quit? Deterra Royalties share price has been savaged following a change to its dividend payout ratio, should I hold on? Is it too late to claim the tax offset for spouse super contributions? What was the cost price for the IAG (NRMA) shares I picked up when it was floated?
One of our favoured portfolio stocks is Treasury Wine Estates (TWE). Today I look at what Treasury has to say in its recent guidance report, the reaction of brokers, and what this means for its future stock price. And finally, I give my take on whether it’s a buy or a hold.
For a share portfolio, should I add Woodside or Coles? I am down 36% on my buy price for Arcadium Lithium. What is your forecast price? If I contribute $1,000 to my grandson’s super account, will he automatically get the Government’s $500 super co-contribution? ZIP has had a great run recently. What are your thoughts going forward?
The end of the financial year is less than two weeks away. This means that you don’t have long to act to ensure that you pay the optimal amount of tax. Here are 6 tax tips that you should take advantage of if they apply to you.
With the end of the financial year not too far away, here are the 5 actions to take to get the most out of the superannuation system.
What is behind the weakness in Chris Ellison’s Mineral Resources? Would you sell Fisher & Paykel and buy Resmed? When does Transurban go ex-distribution? Should I take part in shareholder class actions?
Given the current negativity on Woolworths, is it now in the buy zone? Why has technology darling Audinate dropped 35% over the last three months? Does the Government still match personal super contributions with a $500 grant? Why did Xero’s share price fall on Wednesday?
In choppy trading, our model portfolios rose, with the growth portfolio continuing to strongly outperform the benchmark index. In this article, I’ll look at how our portfolios have performed so far this year.
Is APA a buy at these levels? With the deadline looming for the takeover of Boral, should I accept the takeover or sell my shares on the ASX? With the non-concessional super cap set to increase next year, does the amount under the ‘bring-forward’ rule increase to $360,000? To invest more in gold, should I buy the ‘GOLD’ ETF or the currency hedged ETF ‘QAU’?
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