Dear %%first_name%%,
On Friday the market came back 38 points after a 2.3% loss on Thursday. Was it a sucker’s rally and are we ripe for a pullback? Well I don’t know but I do know SMSF investors should be long-term investors and treat any market “digestion”, or fall of less than 5%, as an opportunity to get in. Lance Lai’s chart analysis of the ASX/S&P 200 also examines the signals you need to be watching.
Also in today’s Switzer Super Report Paul Rickard dissects borrowing in your SMSF, Penny Pryor rounds up the interim reporting results and Rudi Filapek-Vandyck looks at the big broker movements. Tony Negline explains why cost shouldn’t be the only consideration when it comes to the best structure for your SMSF.
Sincerely,
Peter Switzer