Lithium, nickel, iron ore and more: Resources and the lure of the West

While the resources boom that saved Australia from the GFC may have subsided, there is no question that global demand for Australian resources will continue. Trends can be tricky though; those who joined the lithium bandwagon have experienced a wild ride.

To discuss some diamonds in the resource sector, Dermot Woods of WestOz Funds Management joins Gemma Dale and shares his thoughts on:

• How he does his research and how investors can gain exposure to this
• His macro view on opportunities in the resource sector and how he believes you can use it as a form of insurance on your cash
• Why he thinks investing in metal stocks are opportunistic due to worldly trends and scarcity of certain resources like Nickel, and
• Why he thinks the lithium boom isn’t over.

You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth

If you are pressed for time, consider listening at 1.5x or 2x the usual speed – this can actually improve your retention of information while saving time.