Dear %%first_name%%,
I don’t know about you but I’m certainly glad I have an SMSF today. This current government likes us and Assistant Treasurer Arthur Sinodinos pretty much confirmed this morning that there won’t be too much tinkering with SMSF regulation. The big super guns are scared, but so they should be, and now they’ve come under the spotlight too, with the government worried about their corporate governance structures.
That frees us all up to focus on stock selection, which is the name of the game right now. Today, to give you an insight on what we’re actually doing with our fund, Maureen explains how we’re going about rebalancing the Switzer SMSF in this market.
Charlie Aitken is back from his overseas jaunt, and talks about some of the cyclical themes and why he likes JBH, WOW and a potential float of Dick Smith, even though nobody else does.
Also in the Switzer Super Report today, Ron Bewley explains his view on the energy sector and how he is going about buying more in this sector – it’s not as easy as it looks. Tony Negline tells us how much you need to get a Centrelink pension and in Buy, Sell, Hold – what the brokers say Telstra and Fletcher Building get upgraded.
Our Questions of the Week examine why the large cap companies have driven market performance, and why now might be a good time to look a little further a field.
Sincerely,
Peter Switzer