Pay attention, ask the tough questions and plan for the future

Published 14-AUG-2020 12:40 P.M.

|

3 minute read

Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.

In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.

The below articles were written under our previous business model. We have kept these articles online here for your reference.

Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.


Click Here to View Latest Articles

This year the world has been thrust into turmoil with growing fears around the full effects of the COVID-19 pandemic.

Concerns are not just about our health, although understandably this is our immediate focus, but also the growing concerns among ordinary Australians around the global economic climate and how we can secure our future, not just personally but as a nation.

Right now, our security and safety are being challenged and these basic physiological needs have to be met in order for everyone to move forward.

There is an old saying that every cloud has a silver lining, but is the current situation right now really a silver lining?

In my opinion, nothing gets people more motivated to change than fear and uncertainty, and you must admit, COVID-19 has certainly created a lot of that. Australians are experiencing a fear of the unknown because of the unpredictable nature of the current global situation. While we can all guess, no one knows exactly where we will be in 12 months’ time and what our personal lives will look like.

In the current situation, more Australians are starting to pay attention, but, more importantly, they have become motivated to ask some tough questions. I am not just talking about health-related questions but questions about where their money is invested, what they should be investing in and how safe is that investment. Over the past few months, I have been inundated with Australians asking those exact questions in addition to wanting to know how they can profit more from the stock market, so they can secure an income stream if the climate does not improve.

So what questions are you asking and what answers are you getting in relation to your investments, so that you can secure your future? Because, right now, it’s important to understand your level of exposure to Australian equities, particularly if the stock market crashes again, as some experts are predicting.

It is far better to take positive action and be armed with a plan before something occurs rather than acting on fear, as this reduces much of the uncertainty we have been experiencing in 2020.

The one thing that is certain is that the dark clouds will continue to roll in from time to time, but the opportunity for you is in how you handle them.

Making a choice to pay attention and become educated, and informed with a solid plan is not only wise, it will also ensure you will be confident about what to do when this occurs. In other words, it is far better to be educated and informed before the clouds appear rather than after.

Dale Gillham is Chief Analyst at Wealth Within and international bestselling author of How to Beat the Managed Funds by 20%. He is also the author of Accelerate Your Wealth—It’s Your Money, Your Choice, which is available in bookstores and online at www.wealthwithin.com.au



General Information Only

S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.

Conflicts of Interest Notice

S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.

Publication Notice and Disclaimer

The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.

Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.

This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.

 

Discover Small Cap
Biotech Stocks

Join thousands of other Investors following our stock commentary for Free

X