Buy Hold Sell: 5 stocks with demographic tailwinds

Buy Hold Sell

Australia’s population is ageing. Those aged 65+ made up 13.8 percent of the population in 2011, by 2031 that number is expected to grow to 18.7%. The economic implications of these trends are well established and varied, including additional pressure on health infrastructure, lower tax revenues, and higher social spending by the government. It’s not just bad news, many sectors and businesses are well placed to benefit from these trends. As these trends are well publicised and understood, does buying into these trends at this stage make one a victim of ‘first level thinking’ as Howard Marks put it? In this week’s episode of Buy Hold Sell, we asked Steve Johnson from Forager Funds and Romano Sala Tenna from Katana Asset Management for their view on three stocks exposed to the ageing consumer, also includes two stocks benefitting from demographic trends, which they like.


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bmwest

Hi Matthew, take it easy on the old people, we support your program

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Michael John Rance

Don't be disrespectful to the older citizens Mr Kidman, I worked for a long time in the aviation business and I've no doubt that my taxes contributed to this country whilst it was trying to grow up. Mike

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