InvestNow News 12th July – Fisher – Monthly Update – June 2019

An update from your Chief Investment Officer – Frank Jasper

Imagine a mythical pet store. It has cats and dogs and parrots. But this one has snakes and spiders and tigers too. Some animals in this store will make the perfect companion, enriching your life and bringing joy. Some will bite your hand off. In this kind of store, we would want choice. The choice to buy the Border collie, the Burmilla cat or, if you were my niece, a pug!

Imagine though, that you had no choice and that you were blindfolded. You would just wander into the store and buy the first thing you touch or worse still imagine you are made to buy one of everything regardless of its tooth size!

That’s how some investors behave. Blindly buying a piece of everything just because it happens to be in the store. There are too many snakes and spiders and tigers in financial markets to take that risk, in my view.

Hear more from Frank (also more reports below) >

By |2019-07-12T13:31:12+12:00July 12th, 2019|Fund Manager News|0 Comments

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