This is No GFC... | Strategy For Our Portfolio - What Should I Do Now?.... | Buying Opportunity Coming.. Get Ready |

Niv Dagan

Peak Asset Management

Good Morning, I have to admit, I didn’t sleep well last night… Seeing the Dow Jones down 900 points in two days (Friday fell 550), really puts things in perspective… What is important to note is that This is no GFC…. Globally, things are ok…. US unemployment near record lows, their housing market is booming and consumers are spending…. Sure, things in China are slowing down (we all know this), however, the devaluation of their currency is actually a good thing, as it will drive export growth … ! Yes, Oil, Copper, Aluminium are doing it tough, but how much further downside could there be? Surely we are near the bottom now….. All in all, this though has been nothing but “a year to forget” On Saturday, I was quoted in The Age and Sydney Morning Herald, but Peak’s thoughts on what is currently occurring – for those interested, please read below (VIEW LINK) (VIEW LINK) Stay Calm, Do not panic... look for beaten-up high dividend stocks to add to your portfolio.. The SPI is pointing to 102 point fall on open…


1 topic

3 stocks mentioned

Niv Dagan
Niv Dagan
Executive Director
Peak Asset Management

Prior to founding PEAK Asset Management, Niv headed up HC Securities, spent three years growing Halifax Investments capital markets division and also worked on the wholesale desk at Macquarie Bank, servicing a wide range of institutional,...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.