Smart moves in a high ASX market (& Altium Sale)

This week we said goodbye to tech stock Altium from the Australian share market as its buyout by Renesas was officially completed... As a result, large cash payouts have been received by Altium shareholders.

So, what’s the next step if you receive a substantial cash payout from an investment? Should you invest in the currently high ASX, or leave the cash in the bank?

Rob & Amy share some smart alternate options to consider while the ASX is trading high. 

 

Robert Goudie, CFP, GradDipFP (ASIC Reg 235974) and Amy Lehmann, BBus (FinPlan), BBus (Acc) (ASIC Reg 1292710), are authorised representatives of Consortium Private Wealth Pty Ltd | ABN 74 616 250 965 AFS Licence 495401. 

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