The current stockmarket volatility, caused by the European debt crisis, worries about sovereign risk and uncertainty over the mining super profits tax, shows no signs of going away. But, says Tim Lincoln of Lincoln Stock Doctor, opportunities abound to buy into good companies trading at substantial discounts to valuation. It's time to actively manage your portfolio, he says, to free up cash for those purchases. That can mean some tough decisions -- the Lincoln managed fund recently sold its BHP Billiton holding of some $15 million to take advantage of better opportunities to create value for investors.? That meant buying "star stocks" like Wotif, Webjet, TGA Holdings, CSL and JB Hi-Fi.
Adobe Flash Player (version 9 or above) is required to play this audio clip. You also need to have JavaScript enabled in your browser.
|
