Rates go up, and CBA beefs up its business cred. Scott Phillips on Nine’s Late News

Motley Fool Chief Investment Officer Scott Phillips on nine newsMotley Fool Chief Investment Officer Scott Phillips on nine news

Motley Fool Australia Chief Investment Officer Scott Phillips joined Michael Thomson for Nine’s Late News on Tuesday night to discuss the Reserve Bank’s 0.5% rate hike, plus a new business banker on the Commonwealth Bank of Australia (ASX: CBA) board and the outlook for markets.

[youtube https://www.youtube.com/watch?v=joS0hOTMgv0?feature=oembed&w=500&h=281]

The post Rates go up, and CBA beefs up its business cred. Scott Phillips on Nine’s Late News appeared first on The Motley Fool Australia.

Should you invest $1,000 in Commonwealth Bank Of Australia right now?

Before you consider Commonwealth Bank Of Australia, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Commonwealth Bank Of Australia wasn’t one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

See The 5 Stocks
*Returns as of August 4 2022

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Motley Fool contributor Scott Phillips has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Westpac Banking Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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