Dear %%first_name%%,
The talk around a potential dip in markets is everywhere but that doesn’t mean it’s right. Today I detail five reasons why there won’t be a crash any time soon.
Backing me up today are GMO’s Jeremy Grantham and Pimco’s Bill Gross, who combined look after over $US2 trillion. What’s interesting about these guys though, is that they are traditional bears. In his article today, Barrie Dunstan explains why these two gurus wouldn’t be surprised if stocks continued to move higher for another year or two.
Paul Rickard also provides our monthly update for the Switzer Super Report portfolios today. Our income portfolio is doing very well – outperforming the index by 1.7%. Our growth-oriented portfolio has underperformed by about 1.9% and we are making some changes.
Also in the report today, we have top tax tips from Jo Heighway in our EOFY special, Shortlisted looks at Western Areas and NAB and in Buy, Sell, Hold – what the brokers say, Drill Search and Stockland get upgraded.
And don’t miss our video on how you need to prepare your SMSF for the end of the financial year!
Sincerely,
Peter Switzer