Quoted in Australian Financial Review article
In a recent Australian Financial Review article titled ‘Spruce up your finances in six steps, I am quoted under the step ‘Reassess your portfolio’. In these uncertain times where share markets are volatile, I mention that it may be prudent to reassess the stock in your current investment portfolio or super fund with the view to favour high dividend blue chip stocks which at least will provide you a dividend buffer should share markets fall. Here is the extract from the article:
PSK Financial Services adviser James Gerrard says investors who continue to be worried about the growth outlook of markets and individual companies might want to consider some of the higher dividend-paying stocks.
“Because of the current investment environment with a volatile and lower growth outlook, it might be worth considering investments with sustained high levels of income rather than growth,” says Gerrard. “If you do focus on high-dividend, high-income investments, you have a buffer against further share price falls.”
You can read the full article here:
Spruce up your finances in six steps – Australian Financial Review (Bina Brown – 6/6/12)