Opportunities loom beyond the sharemarket (The Aust 09/05/20)

The dramatic dividend cuts across the market remind us that share investing should be just one part of a diversified portfolio.

What does it mean for self-funded retirees? They have in effect experienced a pay cut, and unfortunately I believe there is more pain to come. When we enter reporting season in August we can expect to see more companies cut or suspend dividends.

Despite the rally in equities during April, the full impact of what we are experiencing in the real economy will take months to play out.