Investing in 2017 and beyond
If you are concerned about your returns, you should brace for an end of the residential construction boom. You should also be very cautious about the excessive prices of high-yielding stocks (those paying dividends that are unlikely to grow), and you should be most enthusiastic about high-quality mid cap and small cap stocks that have been punished recently with share price declines of up to 50%.
Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
Lynton Pipkorn
:
Don’t disagree with much of this but always worth looking ay the contrarian view:
http://propertyupdate.com.au/this-is-why-melbournes-property-market-is-so-strong/
Mark
:
Hi Roger,
Thank you for all your hard work during the year. As a young amateur investor, you have helped me navigate this difficult market.
Thank you and Merry Christmas to the Montgomery Team.
p.s. have you thought about putting your book on audible?
Xavier
:
Hi Roger,
Long time follower, first time of writing.
Would be interested to hear yours or someone from Montgomery’s thoughts on BAL longer term prospects. Would be greatly appreciated as I’m an avid follower of your teachings.
Marita Concepcion
:
More often than not; any less-jolly insightful reminders are swept away under the rug beneath the Christmas tree during this time of the year. However there is a lingering line of thoughts that I couldn’t shake out of my head…”is it too late?”