How our CEO is investing right now
On Wednesday, 11th of March we were in Brisbane for what turned out to be the last of our roadshows, so it was lucky we recorded the event. Markets were incredibly volatile, swinging wildly from one day to the next. During the Q&A someone asked our panelists how they were investing at the time. This clip is how our CEO, Ron Hodge responded.
Fast forward a month and a half and the world is a different place yet again. So, we thought we would take up the Q&A again with Ron:
Are you still adding every week to your portfolio?
Equity markets have calmed down a bit since the video, so I have now moved to monthly contributions. However, I continue to contribute more each month than I did before February and most likely will for some time. I don’t know when the markets will bottom or if they have bottomed already, nor do I care really, by slowly adding to my portfolio over time means I don’t miss out on capturing the upside when markets do rebound. I am investing for the long term so plenty of time to ride out the highs and the lows.
Do you think we are in for more volatility like we saw in the pre lockdown days?
I think the markets have now come to grips with the risks of COVID19 and the potential economic fallout. I doubt we are out of the woods yet, but markets are generally forward-looking and so have a pretty good grasp of what could happen next. I continue to add to my portfolio each month knowing that there will always be ups and downs but long term I should expect to get my circa 8% returns in a growth portfolio.
Besides work, what are you doing to occupy yourself in lockdown?
Homeschooling my annoying children and a new Boxer puppy named Tilly which was supposed to distract them but is more intent on distracting me seems to make time in lockdown pass quickly.
Ron invests in the InvestSMART High Growth Portfolio which is part of the InvestSMART Diversified Capped Fee range. Click here to find out more.
Frequently Asked Questions about this Article…
The CEO, Ron Hodge, is currently making monthly contributions to his portfolio. He has increased his contributions compared to before February and plans to continue this strategy for the foreseeable future. His approach is focused on long-term growth, allowing him to capture potential market rebounds.
Ron Hodge prefers monthly contributions because it allows him to gradually add to his portfolio over time. This strategy helps him avoid missing out on market rebounds and aligns with his long-term investment goals, providing a buffer against market volatility.
Ron Hodge believes that while markets have calmed since the initial COVID-19 volatility, there is still potential for ups and downs. However, he feels that markets are forward-looking and have a good understanding of potential future scenarios, which is why he continues to invest regularly.
Ron Hodge expects to achieve around 8% returns in a growth portfolio over the long term. His strategy involves consistent monthly contributions, which he believes will help him ride out market fluctuations and achieve his investment goals.
During lockdown, Ron Hodge keeps busy by homeschooling his children and taking care of a new Boxer puppy named Tilly. These activities help him pass the time and manage the challenges of lockdown life.
Ron Hodge invests in the InvestSMART High Growth Portfolio, which is part of the InvestSMART Diversified Capped Fee range. This portfolio aligns with his long-term investment strategy and goals.
Ron Hodge is not concerned about timing the market bottom. Instead, he focuses on consistently adding to his portfolio over time, which he believes will allow him to benefit from market rebounds and achieve long-term growth.
Ron Hodge acknowledges the risks and potential economic fallout from COVID-19 but believes that markets have a good grasp of what could happen next. He continues to invest with the understanding that there will always be market fluctuations.
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