Dear %%first_name%%,
The world has well and truly entered a cycle of interest rate cuts as countries try to buffer their economies from ‘Euromess’. So what do rate cuts mean for your super fund?
Many of us like to have some of our portfolio in secure income-generating investments like term deposits, but with rates falling, the returns from these are headed in the same direction. But don’t write them off! Paul Rickard has highlighted some term deposits and hybrid securities that are paying attractive yields, even in the current market. And I take a look at when we can expect the Reserve Bank of Australia to cut rates again.
Also in the Switzer Super Report, we bring your attention to 18 companies that stockbrokers have downgraded in the past week, and we examine your three tax options when you transfer foreign retirement savings home to Australia. I hope you enjoy today’s report.
Sincerely,
Peter Switzer
You can ask Peter Switzer, Paul Rickard or Tony Negline your SMSF questions. Send your questions or comments to questions@switzer.com.au, or go to Ask & Tell on the Switzer Super Report website.