After "crashing" in March this year, the Australian share market is booming once more.
Financial planners say their clients, sick of earnings next to nothing on their bank deposits, are handing over their cash to buy up these new stocks. "Whether it be young or old, there is risk with IPOs, but with rising share markets and optimism going into 2021, clients of all ages are happy to roll the dice."Companies looking to expand and to take advantage of investor interest are rushing to list, and so far this calendar year 115 companies have listed on the Australian Securities Exchange, up 25 per cent on last year.
Number one rule for investing in IPOs, if you can buy it, it's not worth having.
How would you explain the small number of twitter accounts followed by auspol auspol
The risks are yuge for you. Whereas for me the risks are very minimal, as I do NOT chase. 🤞☺️ goodluck