Ask a Question

You need to be a full subscriber to access this feature of the Switzer Super Report. Click here to upgrade your subscription or read recently answered questions below

Recent Questions & Answers

Clime Asset Management (CAM)

Clime Asset Management (CAM)

When I set up my SMSF in mid 2013 I placed some funds in several listed investment firms, and one was CAM it is by far the worse performer, down some 30% at the same time my daughter was also interested in the stockmarket and wanted to invest some of her savings, We, well I decided that CAM run by Clime and John Abernethy who was regularly featured in business news for his expertise would be a good conservative choice and I did spend time telling her markets as well as going up, could often go down.

Yesterday she told me when the market goes up CAM goes nowhere but when it goes down, so does CAM? I could not disagree and although I have decided to hang in there with my SMSF holding as I bought in with a long term view, iam thinking of selling her CAM and reimbursing her the money she lost as I feel so bad about having selected what I thought was well run, well respected LIC and given her a bad introduction to investing in the share market.

So the question is what is the Switzer Super report view on this LIC?


Take a free trial or log in to read answer

Too good to be true?

I am thinking of buying Katana Capital KAT. They are trading below NTA (I think) and they have been buying back their own shares, this seems all good to me. Am I missing something.
Good Div.?
Below NTA?
Buying back own shares?
I know they are not very liquid but is there something I am missing???
Why not just sit back and get the div???


Take a free trial or log in to read answer

Entitlement offer

Wondering if I should take up entitlement Vocus shares on a 1 for 8.90 basis.
What is your view on Vocus going forward? Would appreciate your comments.

 


Take a free trial or log in to read answer

Investing in mortgages

Your investment commentary does not cover investing in mortgages that I can see. I have been investing in individual mortgages through La Trobe financial and doing quite well. Would be interested in any thoughts you had on mortgages as an investment.


Take a free trial or log in to read answer

Flexigroup

Afternoon Peter, I am a new subscriber and a big fan of you and sky business. I run my own SMSF, a couple of weeks ago you and Scott Carson spoke about Flexigroup, their new CEO, and what you thought was a great business they have and a bright future ahead . Since then their stock price has gone south, I own their stock, and hopefully they return about 8-10% including franking, do you still believe they are a good stock and hopefully the share price will return in time, many thanks.


Take a free trial or log in to read answer