Dear %%first_name%%,
As markets worldwide prepare for a potential hit on Syria – a terrible situation that has already produced 1 million child refugees – we are seeing a flight to safety on the markets. September is never a good month for the US market anyway, but a combination of a possible US strike, and the tapering of QE III that is on the cards, is creating an almost perfect storm.
My advice to you though, is to hold tight. Yes things are going to get a bit rocky for a while, but mostly I think we’re going to see some buying opportunities presenting themselves. And to help you out when it comes to what to buy, today we have Roger Montgomery talking about a little company they like a lot – Credit Corp Group.
Also in the Switzer Super Report, we have Charlie Aitken explaining why Woolworths deserves a bit of love, and when it comes to supermarkets it doesn’t have to be one or the other (i.e. Wesfarmers or Woolworths).
Our My SMSF today is a subscriber, who has been running his fund with his partner for the past 12 months and is thoroughly enjoying it. Read how he returned 23.5% a year below.
Tony Negline explains some of the ins and outs of a new ATO decision on pensions and in Buy, Sell Hold – what the brokers say, Penny Pryor discovers that Billabong and Boart Longyear were shunned, while McMillan Shakespeare and Crown both got upgrades.
Sincerely,
Peter Switzer