We’re Closing a Position at 26% to Make Room for More


Remember our last speculative pick?

We clocked up a 262% return between July 2019 and February 2020. We closed monitoring at a then all-time high. Of course, we didn’t know coronavirus would strike. Readers who have continued to hold that stock during this rapid turn to gold would have enjoyed returns of up to 712%.

So, with an eye on the volatility of current markets, our recommendation today is another speculative pick. We want to target the upside of the deep-seated fear that looks set to continue to rock indexes for the next while.

To do that, we’re also closing another stock in our portfolio. It’s one of our less speculative options. A large-cap that has still delivered an outstanding return in six months, with dividends. About 26% in all — 52% annualised. But we need to. To make room for this new exciting opportunity…


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[Past performance is not an indicator for future performance.]

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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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