Dear %%first_name%%,
A big day on the markets yesterday and we’re halfway to our target of 6000 by the end of the year already. We even had a bit of downward pressure on the Aussie dollar and that’s good news for some of the stocks in our Switzer Super Report portfolios that report in US dollars.
The next few days and weeks will reveal whether this is a trend or a tease but don’t be surprised if volatility continues. This market is also looking hot for M&A activity and this week Tony Featherstone reveals six potential takeover targets in Part 1 of our SSR investigation. The next six will be revealed in two weeks’ time.
Also in the Switzer Super Report today, Ron Bewley explains why you should be targeting 8% to 11% in your investment portfolio and Dr Robert Schiavuzzi, talks about how much he has enjoyed running his SMSF for the past 20 years.
In Buy, Sell, Hold – what the brokers say, Alacer Gold and Mount Gibson get upgrades, Tony Negline explains a new Tax Determination on bank accounts and segregated assets, and our Questions of the Week look at overvalued companies and off-market transfers.
We also hope you enjoy this very short week and the Anzac Day holiday tomorrow, but don’t miss my Saturday morning missive on the weekend.
Lest we forget.
Sincerely,
Peter Switzer