Dear %%first_name%%,
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What have I been telling you all along? That as soon as the US realises an interest rate rise actually means that things are good, the stock market will get the picture – and boy, did it get the picture overnight!
Our local market has caught the “vibe of the thing” and is edging ever closer to 6000. Market exuberance is wonderful but SMSFs are still in search of yield and, fortunately, according to Charlie Aitken, that’s where the market growth is going to be this year. He has upgraded his share price target on NAB to $45.60.
Still on yield, and Tony Featherstone has got some great ideas in the small and mid cap space, while Professor Ron Bewley explains why he rebalanced his portfolio in My SMSF.
Barrie Dunstan discovers that everyone’s favourite investor, Warren Buffett, actually has an army of people behind him that might even be better stock pickers than he is. And in Buy, Sell, Hold – what the brokers say, iiNet gets a couple of upgrades, and one downgrade.
If you’re in danger of making excess non-concessional contributions this year, Tony Negline has some great news, and our Questions of the Week answer queries about Sydney Airport debt and withdrawing excess pension.
Sincerely,
Peter Switzer