Grow Your Wealth – Market Wrap – 22/05/2020

We could see our market move up another 5%, however we are still cautious on which companies we buy given that the bond market does not seem to be supporting the market at present. This could indicate a possible retest of the recent lows. Click for full article

Do not be fooled in to thinking, that everything is now OK, far from it. What we are seeing is the market hedging their bets on the recovery as restrictions are lifted. It will all be about the economic data over the coming months. This will be a slow long recovery,...

For all of us dividend loving investors do not worry too much, it is more of a precaution which all of the banks will follow, Westpac has hinted that there will be no dividend this half. Bank stocks dropped over 5% on Friday on back of expectation all banks will...