Originally Posted by
flyinglizard
I prefer to hold less shares and avoid to exposure to more downgrade earning risks. From over $20 SP companies, all significantly held by funds, like dead water. Most of SP less than $0.80 companies have liquidity problem. The retail rectors look bad now, then Retirement village companies bad timing. energy companies overvalued, all PE greater than 20, and a couple of them PE >200.
Only banking sector is stable. ANZ (PE 13) and WBC (PE 15), dividend yield is around 5-6%. HGH PE = 9.3, dividend yield =10%. Its SP is near the historically bottom ( 2020 covid bottom was $0.89). We cannot be worst than 2020 right? It seems HGH is the only spot light currently.