To be honest I would not recommend the banks even though the dividends are good. I am starting to see a wave of banks increasing rates and tightening lending. Honestly I thinking keeping cash is not a bad option.
Unfortunately I think our economy is not to diverse as compared to others. China's stock market is over valued from reports in the fin review.
I like bellamy's but boy the price swings a fair way and price earnings ratio is off the charts.
I think I would look into tech stocks with a medical slant.
happy to do some more research and come back to you
thanks
Please DYOR.
pros and cons, page-58
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