Dear %%first_name%%,
The markets continue to react positively to the third round of stimulus announced in the US. But will QE3 work? I take a look at the question on everyone’s lips in today’s note.
Also in the Switzer Super Report, Paul Rickard updates you on Switzer’s sector allocation now that the bears are coming out of hibernation. We have our weekly broker wrap of stock buys and sell, as well as out chart of the week, which examines at a stock that is now 18% higher. Plus, we look at the possible changes to SMSF pensions. Have a great week.
Sincerely,
Peter Switzer
More than 913,500 Australians are now members of self-managed super funds, the latest figures released by the Australian Taxation Office today show.
At the end of June, there were 478,263 SMSFs with 913,550 members. The number of funds was up 8% from a year earlier and 15% from two years ago.