Dear %%first_name%%,
The Bill Shorten threat to franking credits and tax refunds for retirees in SMSFs has led to some ‘experts’ suggesting it’s time to change the way these super trustees invest. But I say: DON’T listen to them, unless your current investment strategy is wrong! At least wait to see if Labor wins first and then see what the Senate thinks of this ‘tough love’ shown to those retirees not getting a sniff of a pension. In the Report today, I explain why I hold this view.
Also in the Report today, Paul Rickard is happy to announce that after just two months, the market is up by 10%. And our portfolios have followed suit! In Paul’s second review for 2019, he look at how our income and growth portfolios performed in February.
The interim profit reporting season confirmed that plenty of companies see favourable growth prospects going forward. And there were some situations where investors could enjoy a robust result, while also seeing scope for the share price to move higher. James Dunn offers you five such situations, with 5 great growth stocks.
And in Buy, Sell, Hold, – What the Brokers Say, for the week ending Friday 1 March, FNArena counted 25 downgrades versus seven upgrades, taking the total market tally from the major brokers for stock recommendations to 42% buy, 43% neutral and 15% sell. Only two of the seven upgrades this week did not move to Buy.
With the upcoming Federal ‘battle’ coming into focus, Julia Lee gives the sectors and shares that are likely to be impacted by the election.
And finally, in our Hot Stock today, CMC Markets’ Chief Market Strategist, Michael McCarthy explains why he likes Automotive Holdings (AHG) and doesn’t like Bellamy’s.
Our annual Strategy Days are coming up in late April/early May in Brisbane, Sydney and Melbourne. As subscribers to this Report, we offer you free tickets. It’s best to get in early, as these days are always popular. To secure your tickets, click on the event you would like to attend below:
Enjoy the read and your week!
Sincerely,
Peter Switzer