SCAMMED $100k! “Fun” micro cap stocks, selling HRBD & going long bonds

Analyst Owen Rask and financial planner Drew Meredith, CFP are back to answer your questions. Is Washington. H Soul Pattinson (ASX:SOL) a core stock?

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The Australian Investors Podcast

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, Australia’s top investing podcast for professionals and private investors, is back for “2 sense”, hosted by investment analyst Owen Rask and financial planner Drew Meredith, CFP.

Every Saturday morning at 7 am, we answer your questions. 

This week, analyst Owen and financial planner Drew cover:

  • How to: get scammed $100,000 in under 2 hours (seriously, this happened)
  • I am 26 and just starting out my investment journey to financial freedom and wanted to seek some good advice and help. Everything seems to be incredibly expensive and mangled. What is your advice for a someone like me on how to go about it and seek some precise and genuine help? 
  • I’ve joined the mortgage prisoner club as my attempts to refinance since July 2022 has been denied by all the lenders and I don’t have any other option than to suck it up the higher repayment until the tightening cycle ends. I know in the long-term offset account clearly outperforms a HISA. However, in the short-term to cope with the rise in interest rates, what are your thoughts of parking your savings in a HISA instead to generate additional income to compensate for the increased costs.
  • I currently use a person of the cloth (Financial advisor) for the investment side of things (I have a young family and feel that’s the best way to relieve stress, over self-managing) but I still want to involve myself in investing and manage my own account. What is the recommended broker to have fun?
  • Merry zipmas gents! With recession concerns rising/arguably here, are there any ways you position your portfolio differently? I’ve been considering cutting/reducing exposures for companies that offer a non-essential service who have significant exposure to older demographics that are being hit by rising rates / cost of living.
  • Owen’s second love: Would you consider Washington H. Soul Pattinson & Co. Ltd (ASX: SOL) as part of a long term holding in a core portfolio? Should I be assessing this company like a normal business or like an investment fund? I find it hard to find the underlying value of the company. How would you go about valuing it?
  • Balanced portfolio and sector allocation? How would balanced portfolio looked like if you would break it down (in weighting %) to 11 sectors (Financials, Basic Materials, Real Estate, Consumer Defensive etc)? Is 9% per sector a obvious answer?
  • Who do people with small businesses and no mortgage but money to invest see for advice? I would prefer to build wealth outside of super due to the fact you can’t access it until retirement. It would seem financial products and advisors are geared to young people with a mortgage or people who want to lock their money away until 65, or are 65. Thanks guys.

~~~ ASK A QUESTION ⁉️ ~~~

🏆 The best question each week wins a free pass to Owen’s $499 Value Investor Program!

If you would like Drew and Owen to cover a company on your watchlist or in your portfolio, or ask a question, use our Typeform to submit your question.

Be sure to select “The Australian Investors Podcast” when it prompts you to say where you want your question answered.

If you would like Drew and Owen to cover a company on your watchlist or in your portfolio, or ask a question, use our Typeform to submit your question.

Take control of your retirement

Live webinar (with Q&A)

Earnings Season Whiplash
Why prices jump and crash, and how to think clearly when results hit

  • Presented by Owen Rask & Leigh Gant
  • Monday, 16 February   | 7pm AEDT 

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