Balanced Portfolio Recommendation: Fixed Income Switch
We are now starting to see opportunities in quality companies that have a high yield, reasonable price and growth prospects over the medium to long term
Sell 7% BHYB to buy 4% WOW and 3% BHP
Balanced Portfolio
Balanced Portfolio Recommendation: Buy 3% Macquarie Group Ltd (MQG)
We recommend buying shares of Macquarie Group Limited (MQG) based on its appealing technical indicators, relative undervaluation within the banking sector, and attractive dividend yield.
Balanced Portfolio Update: Uranium
Current holdings in URNM and PDN totaling 6.5% will benefit from the US ban on Russian Uranium imports
Balanced Portfolio Recommendation: Re-Buy Worley Limited (WOR)
Re-buying WOR in the Balanced Portfolio with a 3% allocation.
Alpha & Balanced Portfolio Recommendation: Add 1.5% Liontown Resources Ltd (LTR)
Liontown Resources’ March 2024 Quarterly Activities Report highlights substantial progress at the Kathleen Valley Lithium Project, currently 90% complete in process plant construction and over 85% overall project completion.
Balanced Portfolio Recommendation: Energy Rebalance Switch 2% Woodside Energy Group (WDS) to Karoon Energy Ltd (KAR)
By selling Woodside Energy Group and buying Karoon Energy, we strategically increase our portfolio’s exposure to crude oil.
Balanced Portfolio Recommendation: Switch 2% URNM ETF to Paladin Energy (PDN)
With Paladin delivering production on time and the major components of URNM having production difficulties, we are recommending a switch back to Paladin (PDN)
Balanced Portfolio Update: Newmont Corp (NEM)
Newmont shares on NYSE are up 15.68% since Wednesday’s ASX close on earnings results
Balanced Portfolio Recommendation: Add 3% Newmont Corp (NEM)
Recent rumors suggest that Israel has launched a military strike in Iran. This development can potentially escalate tensions in the Middle East, leading to increased geopolitical uncertainty.
Balanced Portfolio – Physical Silver (ETPMAG) Trim, Take Profit (+23%)
The recent run in Silver and the “store of value” trade is at odds with the interest rate outlook and we will likely see a pullback as geopolitical tensions ease
Balanced Portfolio Risk Reduction: Strategy update
After an unbroken 6 months rally, a number of factors are now compounding to weigh on global equity markets
Balanced Portfolio Recommendation: Switch 2% Graincorp (GNC) to Nufarm (NUF)
The recent rain on the eastern seaboard and central-west NSW has secured enough moisture for winter crops to be planted and a surge in demand for Nufarm’s products following high rainfall in the East Coast post-Christmas.