The ASX 200 (ASX: XJO) is expected to drop around 1% today. And I’m really excited about it!
I imagine nearly everyone reading this will still be in the buying/accumulating stage of their lives, so days like today should be seen as opportunities rather than a negative.
When food you buy at the supermarket gets discounted, do like that or dislike that? I’d hope you like it!
The share market is always offering up different prices because there’s different buyers and different sellers everyday. It’s a shame for some people that they’re panicking and selling, but that’s our opportunity.
There has been a number of developments over the past 24 hours. UK PM Boris Johnson was ruled to have broken the law when he suspended parliament. The Democrats in the US have started impeachment proceedings against President Donald Trump. And then Trump criticised China some more.
What Are The Opportunities?
There have been plenty of other moments during the 2010s that have caused worry that the market has moved on from. The Brexit vote, Donald Trump getting elected, the Greece crisis at the start of the decade.
It’s extremely unlikely that anything that’s happened over the past 24 hours will lead to permanent damage to the share market for the rest of time, which is why I think days like today are opportunities.
If you’re wanting to invest across the whole ASX 200 in a diversified way using an exchange-traded fund (ETF) then BetaShares Australia 200 ETF (ASX: A200) could be one of the best options.
You may also want some international share exposure, many investors like iShares S&P 500 ETF (ASX: IVV) for its extremely low management fee cost, the very diversified investments and the high quality holdings.
For international investing some people may prefer to put their money with managers who can invest in any share in the world, they’re not limited to one stock exchange or one region. Magellan Global Trust (ASX: MGG) is one of the highest performers, led by Hamish Douglass.
You may decide you want to go to defensive shares in light of these volatile moments, so Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) and Vitalharvest Freehold Trust (ASX: VTH) are two I’m looking at.
Or you might want to go for the best growth shares whilst they get beaten up. For me, I’m thinking about Altium Limited (ASX: ALU) and Webjet Limited (ASX: WEB) as two of the better priced ideas.
But there are plenty of other growth opportunities at good prices today, like the ones revealed for free in the report below.
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Jaz owns shares of Magellan Global Trust, Washington H. Soul Pattinson and Co., Vitalharvest and Altium at the time of writing, but this could change at any time.
