Dear %%first_name%%,
The stock market sell-off in the lead up to the US fiscal cliff ultimatum has been relatively subdued, and now stocks have been going up again. What’s going on? Could we possibly have cleared the fiscal cliff issue already? I tell you why I think we’re not out of the woods just yet in today’s note.
Also in the Switzer Super Report, stockbrokers upgraded eight stocks to Buy in the past week and Rudi Filapek-Vandyck names names in the broker wrap. Paul Rickard explains why fixed-interest securities like bonds are not risk-free investments and Lance Lai looks at the new price levels to watch on gold. How high can the yellow metal go this time around? Plus we look at things to consider for some last minute retirement planning. Have a great week.
Sincerely,
Peter Switzer
DIY super funds are subject to a number of strict investment restrictions, like in-house assets, related-party transactions, arm's length transactions and restrictions on borrowing and lending. Breaching these restrictions could lead to serious consequences, such as fines or the loss of your fund's super fund status, which opens it up to tax penalties.
You can find information about these restrictions on the Switzer Super Report website.