The ASX has communicated to all market participants of an industry-wide ASX settlement failure that occurred on Friday the 20th of December. This failure has meant that CHESS was not able to complete market settlement on Friday and has deferred settlement to Monday the 23rd of December. For those clients who had sell trades settling on Friday we have ensured those sale proceeds have been made available to you for trading on Monday. Stock delivery for clients who had buy trades settling will need to wait until Monday before the shares become available to sell. We apologise for any inconvenience this ASX outage has caused.
How to build a portfolio scratch
One of the questions we most frequently get asked is how to build an investment portfolio. If you’re just starting out, or you’ve decided to review your portfolio, what are the key principles you can use to build a suite of investments you’ll want to hold for the long term?
The Motley Fool’s Scott Phillips shares his key principles for building a share portfolio, and thoughts including:
- Why buying a portfolio of ETFs isn’t for everyone
- How to assess your goals and plan a portfolio accordingly
- How to layer your stocks to manage your risk
- Where to deploy your unique expertise, and
- How to ensure you don’t sell your best stocks in a panic, and planning when and how to sell… as well as some of his favourite stock picks for 2020.
