Buy Hold Sell: 5 ETF bargains to refresh portfolio in FY23
They say the end of the financial year is the best time to grab a bargain, and like your favorite retailer, the market just happens to offer a few deals right now. Since the start of the year, the S&P/ASX 200 has fallen more than 12%, while the S&P 500 has flowed nearly 20% into the red. Properties – both commercial and residential – are also feeling the heat as interest rates continue to rise. Given the challenges of identifying companies that can succeed in this challenging market environment (or any market, for that matter), exchange-traded funds, or ETFs, have emerged as a popular bet among investors. So in this episode, Ally Selby of Livewire joins Felicity Thomas of Shaw & Partners and Sarah Gonzales of Apt Wealth, who share their thoughts on three low-cost ETFs to give your portfolio a much-needed facelift in FY23. Plus, they mention one defensive ETF that could help boost the portfolio over the coming months. Note: This video was shot on Wednesday 6 July 2022. You