Dear %%first_name%%,
Does anyone else have a campaign headache yet? At least we only have four and a bit weeks to go, and hopefully, the outcome on September 7 will be better for the business community. Looks like the market might have a headache too. But don’t despair; this isn’t the beginning of the end, just a blip on the way and a possible buying opportunity.
For those of you looking to reallocate some of that cash that is earning less and less, thanks to successive RBA rate cuts, today’s fundie’s favourite, by Thomas Rice from PM Capital, is an interesting small cap data company called NEXT DC. Ron Bewley’s sector rundown looks at the very healthy consumer staples industry and he also answers a reader’s question on what, exactly, a high conviction fund, is.
Today financial journalist extraordinaire Barrie Dunstan gives you a timely checklist for making sure your fund is in order and we have a new contributor – SMSF guru Grant Abbott – with some very helpful tips on how to make sure your SMSF is distributed as you wish when you die. He also has a horror story too!
In Buy, Sell, Hold – what the brokers say, Penny Pryor notices a few surprises from reporting season with a couple of downgrades on Virgin, Tony Negline explains why the tax on pension income will never happen and in our questions of the week we also look at the income virtues of REITs versus managed funds.
Sincerely,
Peter Switzer