Dear %%first_name%%,
The big news overnight, apart from the Dow breaking yet another record, was Rupert Murdoch’s US$80 billion offering for the Time Warner business. This company has some great assets including HBO, which makes the popular Game of Thrones and True Detective TV series among others. Time Warner rejected the deal, but historically, when Murdoch wants something, he’ll pursue it. While I don’t retreat from the idea of an overdue correction, this could be another endorsement of the legs left in this bull market.
In today’s Switzer Super Report, after his success in identifying Wotif.com as a takeover target, Tony Featherstone removes five companies from the “takeover target” list and adds two including OzForex. Also, former Chair of the Government’s ‘Super System Review’, Jeremy Cooper, reveals why he’s a big fan of LICs in his SMSF.
Ron Bewley fills his sector allocations with stocks in his yield portfolio series. And if you’re looking at using your super fund to pay a pension for the first time, Tony Negline has nine rules you need to read first.
Geoff Wilson looks at the Future Generation Investment Fund, which aims to deliver returns to shareholders while also supporting children’s charities.
Plus, we have Buy, Sell, Hold – what the brokers say with a downgrade for Woolworths, and Paul Rickard answers a reader question on what would happen to bank stocks if the Aussie dollar were to fall.
Sincerely,
Peter Switzer