Question: I have Ausdrill ASL (Paid $3.55), Grange Resources GRR ($0.36), Regis Resources RRL ($4.47), and Troy Resources RY ($1.485) in my SMSF in pension mode. I'm also wanting to get as much income as possible from my stocks. The stocks have gone down a lot and my broker recommended that I hold them. I have lost confidence in his advice. Have they gone down to far to sell off?
Answer (By Paul Rickard): I don’t know how big a proportion of your portfolio these stocks represent, nor your investment objectives. I know that you are in pension mode.
Legally, I can’t provide you with personal advice. That said, let me offer you the following comments: