Join our daily newsletter At The Bell to receive exclusive market insights
Wealth Within senior analyst Fil Tortevski and analyst Pedro Banales have taken a bit of a different tact in their HotCopper Hot “Stock” pick this week, pointing out that the Australian Dollar may be a viable investment chance.
“What has been happening globally is going to weigh here,” Mr Tortevski said.
“It’s not about digging your head in the sand and saying ‘it’s all over Red Rover.’ Instead, these market crashes can give us some of the best chances to trade.”
Mr Banales added: “Definitely would want a break before doing anything.”
In another wider thematic pick this week Mr Tortevski and Mr Banales agreed the ASX 200 index (ASX:XJO) could be a safe investment – but that any jump in would need to be heaped with a decent level of caution.
Finally, the duo dubbed BitCoin (BTC) the “Avoid” pick for Week 15.
This show comes in the lead-up to Wealth Within’s live YouTube show tonight at 7pm AEDT.
More market news
Levy beef: Trump whacks Oz with 10% tariffs on “Liberation Day”
Meet GeoGeorge: The HotCopper poster so accurate he got hired as an analyst
Join the discussion: See what’s trending right now on Australia’s largest stock forum and be part of the conversations that move the markets.
Disclaimer: While Wealth Within holds an Australian Financial Services License (AFSL:226347) the information featured in this program is general in nature and therefore should not be relied upon. Before making any investment decisions, you should consult a licensed professional who can advise whether your investment decisions are appropriate for you.
The material provided in this podcast is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
