The ASX 200 (ASX: XJO) fell 6.5% at the open today. Commonwealth Bank of Australia (ASX:CBA) was down 7.7% in early trade. While the BHP Group Ltd (ASX: BHP) share price was also down 8%.
Investors are completely spooked, including our own community (although, we must say, you seem to be 5x more optimistic about buying, rather than selling, at these prices – versus the average investor on the street!)
I – Owen Rask – took to the Rask airways today, to explain what’s happened, why, and how to think about investing for the long run during uncertainty. I was also joined by special guest and small-cap investing expert, Claude Walker, founder of A Rich Life.
Get Rask on your side
If you’re worried about the market downturn and want to find a real partner who helps you protect and grow your wealth, I’d love to work with you.
If you want to invest with me and the team at Rask Invest, don’t forget to open an account, or send our senior team an instant message on any web page (click the ‘Rask widget’ in the bottom-right corner).
You can also get in contact with me via the Rask community (see below) to have your say.
Finally, contact Owen, Gemma and the team at Rask Advice for financial advice if that’s something you’re interested in (current waitline is ~2-3 months) – here’s the link to our own financial advice business.
ASX 200 selloff – LIVE Q&A
ASX 200 correction – podcast version
Have your say
Join the conversation with Owen and the Rask community over on the free community. Click here to view the latest discussion.
Don’t forget, you may need to log-in with your Rask Australia first. Click here to login.