As I mentioned here previously, the Westpac Banking Corp (ASX: WBC) economic team expects the cash rate to remain on hold at a record low of 0.25% until the end of 2023.

Barring a surprise flare up of inflation between now and then, I suspect that this forecast will provide accurate.

In light of this, if I had $10,000 sitting in savings accounts, I would look to put it to work in the share market where the potential returns are vastly superior.

If you have $10,000 to invest, I would suggest you consider these ASX 200 shares:

Bubs Australia Ltd (ASX: BUB)

The first option to consider buying is this infant formula and baby food company. It has been growing its sales at a very strong rate in recent years thanks to the widening of its distribution network and increasing demand in China. Until recently the company’s sales were being made at a loss, but it finally appears to have reached a scale which will make them increasingly profitable now. In light of this, I’m optimistic the capital raisings are over and it is onwards and upwards for the company from here.

Cochlear Limited (ASX: COH)

Another option to consider investing $10,000 into is Cochlear. It is one of the world’s leading hearing solutions companies and has sold more than 550,000 implantable devices globally. I don’t expect its sales to stop there and believe demand will continue to grow in the coming decades thanks to technological advances and the ageing populations tailwind. In light of this, I think it could be a great share to buy for the long term.

Kogan.com Ltd (ASX: KGN)

A final option to consider is this ecommerce company. I believe Kogan has the potential to grow very strongly in the coming years. This is due to the popularity of its offering and the ongoing shift to online shopping. In respect to the latter, online shopping was already growing very quickly, but the pandemic appears to have accelerated this structural shift. Combined with its other verticals and the rapidly growing Kogan Marketplace, the future looks bright for Kogan.

More reading

• 1 key trait to look for with most top ASX growth shares
• Should you ever buy ASX shares at an all-time high?
• Have $4,000? Invest in these 4 ASX shares right now
• ASX 200 edges down, bank share prices fly
• Is now the right time to be buying ASX bank stocks?

James Mickleboro owns shares of Westpac Banking. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of BUBS AUST FPO and Cochlear Ltd. The Motley Fool Australia owns shares of and has recommended Kogan.com ltd. The Motley Fool Australia has recommended BUBS AUST FPO and Cochlear Ltd. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The post Where to invest $10,000 into ASX shares immediately appeared first on Motley Fool Australia.

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In late morning trade the S&P/ASX 200 Index (ASX: XJO) is back on form and on course to record another strong gain. At the time of writing the benchmark index is up 2.3% to 5,907.8 points.

Four shares that have failed to follow the market higher today are listed below. Here’s why they are dropping lower:

The Beach Energy Ltd (ASX: BPT) share price is down over 3% to $1.64. This follows a sharp pullback in oil prices overnight due to increasing U.S.-China tensions. In addition to this, analysts at Macquarie and Morgans have just downgraded the energy producer’s shares to neutral/hold ratings. They have $1.60 and $1.66 price targets, respectively, on its shares.

The Jumbo Interactive Ltd (ASX: JIN) share price is down 2.5% to $11.82. This is despite there being no news out of the online lottery ticket seller. However, prior to today, Jumbo’s shares were up 73% from their March low. This could mean that some investors have decided to take a bit of profit off the table today.

The ResMed Inc. (ASX: RMD) share price is down almost 3% to $23.44 despite there being no news out of the sleep treatment focused medical device company. Though, it is worth noting that its U.S. listed shares fell heavily overnight. As such, this decline appears to be playing catch up. Investors may have been taking profit after some stellar gains over the last 12 months.

The WiseTech Global Ltd (ASX: WTC) share price is down 2% to $21.89. This morning the logistics solutions company announced that it has renegotiated the earnout arrangements for a number of acquisitions. This has included replacing significant cash payments with shares. As these shares have been issued today and not all are escrowed, I suspect that some recipients have decided to cash them in immediately.

More reading

• WiseTech Global share price drops lower on market update
• 1 key trait to look for with most top ASX growth shares
• 2 ASX shares to buy and hold for monster returns in the 2020s
• These beaten down ASX shares could be bargain buys
• 2 ASX growth stocks that could become 10-baggers in the next decade

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Jumbo Interactive Limited. The Motley Fool Australia owns shares of WiseTech Global. The Motley Fool Australia has recommended Jumbo Interactive Limited and ResMed Inc. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The post Why Beach, Jumbo, ResMed, & WiseTech Global shares are dropping lower appeared first on Motley Fool Australia.

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The S&P/ASX 200 Index (ASX: XJO) has been on a rollercoaster ride to start the year and we’ve already seen one ASX share market crash.

We’re less than halfway into 2020 and we’ve already seen a bear market, pandemic, oil price war and record government stimulus.

But despite some obvious headwinds, the ASX 200 has bounced back strongly in April and May. Investors are starting to get spooked as ASX shares climb back to where they were in mid-February.

So, if we were to see another ASX share market crash, what’s the best way to deal with it?

Don’t panic in an ASX share market crash

If a crash has already occurred, it’s too late to cash out. Selling out during a downturn can chrystallise your losses and reduce any potential upside.

That means it’s best to keep calm and carry on if the market has a downturn. This way you can keep your eye on the long-term prize and stay cool under pressure.

Trust in diversification

There’s a reason why diversification is key. While it can be tempting to load up on a growth share like Altium Limited (ASX: ALU) and hope for the best, portfolio construction is critical.

If we see another ASX share market crash in 2020, it’s best to have a portfolio ready to spread the risk. That means having enough investments across individual companies and sectors to weather the storm.

Don’t overinvest in ASX shares

An ASX share market crash creates buying opportunities for savvy investors. While it’s tempting to buy, buy, buy, it is a short-sighted mindset.

Make sure you only invest what you can afford to lose. No matter how good an ASX share price is, you don’t want to overinvest and commit too much capital.

The worst thing you can do as a long-term investor is be forced to sell early to cover short-term expenses.

More reading

• Where will the Telstra share price be next year?
• 3 ASX shares Warren Buffett couldn’t ignore today
• What would $50,000 invested in the ASX 200 a decade ago be worth today?
• Is the Transurban share price a buy today?
• Should you ever buy ASX shares at an all-time high?

Motley Fool contributor Ken Hall has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of Altium. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The post Why you shouldn’t fear an ASX share market crash appeared first on Motley Fool Australia.

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