Dear %%first_name%%,
The market goes up, the market goes down. But don’t worry, it will go up again and while it’s down you really should take advantage of dips to get some bargains. It’s a strategy we’ve been big advocates of here at the Switzer Super Report, and today Charlie Aitken reiterates that it is the right approach for now.
While you’re at it, you might want to take advantage of Tony Featherstone’s two strategies for profiting in the retail sector. It may look a little gloomy on the surface but if you follow these strategies and pick up the likes of Premier Investments and Lovisa, you should find some healthy returns.
Also in the report today, Paul Rickard updates his view of the banks in Questions of the Week, and Penny Pryor says that the dividend play is far from over in Short n’ Sweet.
In our technical article, we review some of the rules around borrowing and lending in your SMSF to make sure you don’t get caught out. Don’t forget you can never loan money to a member of the SMSF or a relative of the member.
Sincerely,
Peter Switzer