Owen Rask’s most overrated ASX share (and the 1 stock he’d own for 20 years)

**Owen Raszkiewicz** (0:00)
We know gold and silver continue to make headlines, but did you know GlobalX ETFs is Australia's largest commodity ETF provider? In fact, their flagship physical gold ETF, that's the ticker symbol G-O-L-D, was the first of its kind in the world. Whether you're looking for physical commodities or commodity miners, GlobalX has 12 options to choose from, including their newest silver miners ETF. Visit globalxetfs.com.au to learn more. AFSL 466778 Investing involves risk and returns are not guaranteed. Refer to the relevant PDS and TMD. As you know, Term Plus recently came on as a platinum sponsor of RAS podcasts. And I invested a small amount myself, $2,000 to be exact, to get a feel for it. After all, I couldn't tell you to consider it if I hadn't at least considered it myself. And the result is, it's a very, very good platform. It's potentially the simplest technology platform that I've come across in Australian finance. And what makes that extra special is, you know, behind the scenes, something very sophisticated is actually happening. Term Plus is investing your capital in a globally diversified and professionally constructed portfolio of private credit, designed to produce attractive and reliable monthly income. Aside from providing passive income, what really attracted me to partnering with Term Plus now is potentially falling interest rates. Because Term Plus starts by targeting 3% returns above the RBA cash rate for a one-year fixed term account, there's a buffer in place even as interest rates fall. Monthly income can also be paid directly into your bank account or reinvested for compound returns. I see Term Plus as a really neatly packaged way for retirees or even accumulators like me to get exposure to professionally constructed global private credit portfolios. You can find out much more information and grab a hold of the PDS and TMD at termplus.com.au.
If you want to just check out the website, you should also know that there's an instant chat function for questions, which is really important and I find really handy before I invest in anything. Don't forget to tell them Rask sent you. And as always, consult a licensed and trusted financial planner who can take into account your financial goals, needs and risk appetite before investing. Most overrated ASX stocks are not overvalued, but overrated. CSL is where I start. It's a good company. It's solid. It's a bottom draw for many people that still own it, but it is expensive for the amount of growth that it's likely to achieve.

**Drew Meredith** (2:38)
I prepared the question, but didn't fully prepare the answer.

**Owen Raszkiewicz** (2:41)
That's why I jumped earlier. Hey there, here's a quick note. This podcast contains general financial advice only. That means it's not specific to you, your needs, goals or objectives. So don't act on the information until you've spoken with your financial advisor. You'll find our full disclosure, disclaimer and link to our financial services guide in the show notes.
Welcome to this episode of the Australian Investors Podcast. Today we're answering questions like, is BLEEP a fraud? No, not really, we're not that kind of hard-hitting podcast, but we are going to talk about the recent ceasefire that was reached in Iran and why the stock market now has a rocket underneath it. We've got questions, Drew's got a bunch of hypothetical questions, like the most overvalued stock on the Australian market. We're going to talk about the guns versus butter premium. What the heck that is? That's news to me. And also some questions have been sent in, like someone's asked a really simple one, have you ever invested in something without reading the PDS? And we've got some good questions in here about Magellan, Barrenjoey and a few other things. So, Drew, welcome to the show.

**Drew Meredith** (3:47)
Good to be here, as always.

**Owen Raszkiewicz** (3:48)
Yeah, it's always good fun, mate.

**Drew Meredith** (3:50)
Feeling a bit refreshed. Did you get away for Easter?

**Owen Raszkiewicz** (3:52)
Yeah, no, I didn't. I got sick and you got a huge fuel bill.

**Drew Meredith** (3:57)
I really set myself up for that one.

**Owen Raszkiewicz** (3:58)
Yeah.

**Drew Meredith** (3:59)
Surprisingly, no shortage of fuel anywhere in Gippsland, at least on the freeway.

**Owen Raszkiewicz** (4:04)
That's Eastern Victoria. Yeah.

**Drew Meredith** (4:06)
From West Gippsland to East Gippsland. The price actually went down if you look at the TikTok video that for some reason ended up on the Internet. There was like under $3 for diesel at some points.

**Owen Raszkiewicz** (4:19)
Really? Wow, what a bargain. Still shopping around, coming through for you.

**Drew Meredith** (4:23)
And 25 cents between two different service stations in the same town. I thought that was a bit strange how you can be so different between two.