Why healthcare is worth investing in
sector is looking very well positioned to take advantage of future moves.
The global population is growing, it’s ageing and it’s gentrifying. The richer people become, the more money they put into healthcare and looking after their wellbeing.
This means that drug companies, healthcare providers and medical device makers are sure to benefit, Garry White, the chief investment commentator at Charles Stanley, tells Money Week
Over the last few years, large pharmaceutical companies like GlaxoSmithKline and AstraZeneca have struggled as cash cow patents expire and new finds are tailing off. But things are changing.
A number of healthcare companies are now joining the mammoths in the FTSE 100 Index, including Hikma Pharmaceuticals. And other companies are growing their market share, taking their share prices higher.
How to play the healthcare sector
If you want the chance to profit from the rising popularity of healthcare, one of the easiest ways is to invest in an exchange traded fund (ETF). This removes the need for individual stock picking.
With a handful of healthcare stocks on the Johannesburg Stock Exchange to pick from, you may want to widen your net.
The db-x trackers MSCI EM Healthcare Fund, listed on the London Stock Exchange, tracks the emerging markets healthcare sector. It consists of 30 different stocks in ten different countries.
This ETF gives you exposure to:
Healthcare supplies; and
Life science tools and services.
So there you have it. One way to profit from the growing reliance on healthcare.
*********** Hot off the press ************
The only thing standing between you and becoming a millionaire, is you
My mentor, Mark Ford made a million dollar decision very early in his career. This decision was simply a shift in his mind-set. Doing so allowed him to go from broke to millionaire in just a year.
The idea sounds bizarre and too good to be true, but it truly has the power to do this for you, too. If you're willing to shift the way you think about your finances and open your mind to new ideas, I guarantee your income will be much greater in a year from now.
Your success is waiting on you to make the first move and I promise you, this ‘shift’ will change your life, just like it did mine and just like it did Mark’s.
Eliminate the roadblock to your millionaire lifestyle…