A Stock to Position Against Rough Times

 

Gordon Gekko’s ‘greed is good’ mantra is now coming back to the table.

There’s barely a day that goes by when I’m not speaking to someone who is now looking to buy discounted assets. Shares. In one case, direct property.

All this bargain-hunting is pushing the markets back up from their floor on March 23rd.

The societal concern is that, as with the GFC, the rich will get richer. All over again. But I’m talking to people taking this responsibility seriously. Supporting the less fortunate. Helping family members into housing.

My job here is to analyse and monitor the best opportunities we can see in the markets to grow your wealth.

Today, I’m following a more defensive line. And following the money.

In particular, I’m looking for healthy balance sheets to ride out this storm.

If I had to make an elevator pitch on the potential of today’s stock, it would go like this…

 

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Simon is the Chief Executive Officer and Publisher at Wealth Morning. He has been investing in the markets since he was 17. He recently spent a couple of years working in the hedge-fund industry in Europe. Before this, he owned an award-winning professional-services business and online-learning company in Auckland for 20 years. He has completed the Certificate in Discretionary Investment Management from the Personal Finance Society (UK), has written a bestselling book, and manages global share portfolios. Simon is a shareholder of Wealth Morning.


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