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Financial Planner Adelaide

Steve Greatrex

The Advertiser, 6 April 2020 (Extract from the Money Section)

Be wary of falling into a dividend yield trap

Think twice before investing more
in shares, writes Anthony Keane

… Wealth on Track principal Steve Greatrex said he expected
the coronavirus impact on dividends would be greater than
the Global Financial Crisis in the
short term.

“It will depend on how the covid curve flattens,how long
before things return to normal, and also the level of government
intervention,” he said.

“Anyone who is invested in long-term assets should not sell
now.You could be crystallising a loss.” ….

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