Washington H Soul Pattinson & Co. Ltd (ASX: SOL) is an investment house business which has been on the ASX for over a century. Its origins are in owning and operating Australian pharmacies, which is where the Soul Pattinson chemist chain comes from, however, that business is now owned by Australian Pharmaceutical Industries Ltd (ASX: API), which WHSP owns 19.3% of. WHSP invests in a large number of companies across a variety of industries such as construction, resources and telecommunications.
The Reserve Bank of Australia (RBA) has cut interest rates again, which makes it very hard for retirees to make the necessary returns from their money. ASX shares could be the answer.
The ASX 200 (ASX:XJO) is expected to drop around 1% today. And I’m really excited about it!
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.62% at lunch.
Brickworks Limited (ASX:BKW) has reported its FY19 result, is the share price of the diversified construction business a buy?
Washington H. Soul Pattinson and Co. Ltd (ASX:SOL) has reported its FY19 result to the market, is the WHSP share price a buy?
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.03% on Wednesday.
New Hope Corporation Limited (ASX:NHC) has released its FY19 result to the market, is its share price a buy?
Warren Buffett is one of the world’s greatest investors, would he be interested in buying shares of Washington H. Soul Pattinson and Co. Ltd (ASX:SOL)?
I think it’s important to own a diversified portfolio unless you’re going to go down the route of just owning exchange traded funds (ETFs) as your share investments.
