Today's ASX news
5 ETFs I’d buy with $10,000 right now
There are at least five ETFs that I’d want to buy with $10,000 right now.
May 28, 2020
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
There are at least five ETFs that I’d want to buy with $10,000 right now.
Bendigo Bank (ASX:BEN) shares are currently up 8% in another very strong day for the banking sector.
The Nearmap (ASX:NEA) share price is flying, it’s up around 15% after giving an update.
All of the shares of the big banks of ANZ (ASX:ANZ), NAB (ASX:NAB), CBA (ASX:CBA) and Westpac (ASX:WBC) are all up impressively.
Testing business ALS Ltd (ASX:ALQ) has reported its FY20 result today.
Blackmores (ASX:BKL) has announced that it is going to do a capital raising of up to $117 million.
If you’re a long-term growth investor on the ASX, it’s worth putting Xero Limited (ASX: XRO), Afterpay Ltd (ASX: APT) and Tyro Payments (ASX: TYR) on your watchlist.
Shares within the travel industry are soaring this week. COVID-19 knocked travel industries for six, but they are coming roaring back now.
Coca Cola Amatil (ASX:CCL) gave an update to investors today, was it a fizzer?
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