Risk sits at the forefront of every investor’s thinking right now. Investors don’t have the luxury of completely eliminating risk. They must take steps to prudently manage it so there are no rude surprises.
Things have moved exceptionally quickly. Before there was a chance to digest the first two rounds of stimulus, they have been have swamped by the third.
The news around COVID-19 continues to move fast. Governments are moving to alleviate the impact on individuals and businesses. Sunday’s stimulus had the following measures included.
No quality long-term decisions will be made when someone is feeling panicked or euphoric. This is where good financial advice and a sober second opinion prove valuable.
Not much is certain right now. That provides an opportunity for the unscrupulous. Beware of anyone coming out of the woodwork to peddle 'certain' and 'safe' solutions. Out latest blog. Oh and go easy on the toilet paper!
The Coronavirus. For weeks there was calm. Then suddenly there was panic. Admittedly, it was surprising. Markets have been moving upwards without a hitch for a while and initially they shrugged the Coronavirus off.
It’s no secret interest rates are low. Have ten grand in the bank? If you’re lucky with a ‘high interest’ account, at the end of the year you’ll have made $200. That’s before the tax man and inflation come calling.
It was an unceremonious occurrence. A few minutes into trading on the third of February 2020 the ASX released a list of companies whose securities had been suspended from trading for an unacceptable period of time.