What would you do with $10k right now?
NICOLA FIELD
I’m a great believer in investing in businesses I know and understand. I’d tip $10,000 into FANG stocks – Facebook, Apple, Netflix and Google. Amazon is normally in the FANG line-up but I’m batting for Apple, which pumps out new products consumers love. The FANG companies have robust business models that show no real signs of slowing down. Plus, they have diversified businesses across software, consumer products and the cloud. Also, my cat is called Fang.
JULIA NEWBOULD
I would put $7500 into super and make sure I had a pretty even spread of Australian and international shares. Within my current investment choices I’ve also narrowed it down to sustainable and environmental options. The remainder would go on a course to make me more marketable, whether that’s presenting, social media or design. I think it’s important to maintain relevancy in the market. It’s as valuable as money in the bank.
PHIL SLADE
I would look at businesses benefiting from the softening of border restrictions. Airlines, hospitality and travel businesses come to mind. I would also look at insurers. The lack of recent extreme weather events, lower claim rates due to reduced travel, rapid advancement in resilient building technology and a high barrier to entry for digital disruptors should see share values rising in the short term and maintaining that value for some time to come.
SAM STARRAT
The pandemic has driven the need for point-of-care and home-based testing. Companies with Covid tailwinds should generate strong value for investors through rapid antigen and antibody diagnostics as governments move to Covid-management strategy. Growth in the homebased and telehealth market opens the way for biotechs to disrupt the lab-based market and move into lifestyle and wellness applications. Atomo Diagnostics is one I’m in.