Long term investing

As a long term investor, I am conscious of the fortunate (since I’m one) ageing population influence. Would you recommend AMP and Challenger at this stage?

A: You may care to note that both AMP and Challenger are in our portfolios (the former income, the latter growth).

I think they are both pretty strong companies with the superannuation tailwind behind them.

So, yes.

The brokers are also reasonably positive.

According to FN Arena, AMP has a sentiment rating of +0.8 (scale -1.0 is most negative, to +1.0 most positive). The consensus target price is $6.27.

For Challenger, sentiment is +0.5. The consensus target price is $8.65.

Hope this helps.


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