Best Financial Stocks to Buy in 2021
Australian investors have been led to believe that the strategy of buying and holding stocks in the financial sector over the long term is the best way to invest. This is due, in part, to the fact that stocks in this sector are considered a low risk, safe investment and because they usually pay a dividend. However, history has demonstrated how this strategy has not only resulted in investors’ portfolios underperforming but at times experiencing significant losses.
Given this, in tonight’s Australian Stock Market Show, Dale and Janine will review how the financial sector has performed and in particular how Australian banks have performed in previous market corrections, so you can learn how financial stocks react under these conditions. They will also look at where financial stocks are heading in 2021 and share their view on the best financial stocks to buy in 2021.