It’s a been a wild few weeks on the Australian share market.

We’re currently deep into Reporting Season, the time of year when Australia’s companies front the market with their financial statements.

As in every year before this, there has been some good, bad and downright ugly results.

5 Things I Look For Before I Buy

We recorded the video above to explain the way I go about identifying shares for my portfolio.

I wanted to record it for two reasons.

Firstly, I think it provides important insights into the way I invest and complements the free investing eBook which all Rask Investor Club readers have access to (download it here).

Second, sifting through countless financial statements this month, every so often I found myself asking, “who would buy shares in this company?!”

Some of the companies on the ASX have bleak growth profiles and unaligned management teams. But despite that, some of them trade at eye-watering valuations.

It’s scary to think many investors are buying shares in these businesses.

Fortunately, with a handful of tricks, I think many investors may be able to avoid being caught up in some of these potential traps.

Cheers to our financial futures!

Owen Raszkiewicz

Lead Adviser, Rask Invest

 

Disclaimer: Owen Raszkiewicz is Director of The Rask Group Pty Ltd. This article contains general information only. The information does not take into account your objectives, financial situation or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. Remember, investing in anything involves risk and you may lose money. Past performance is not a reliable indicator of future performance