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Recent Questions & Answers

Myer

Paul Rickard

Hi Team,

I have read all the info from the Myer Board and Mr Lew regarding the AGM and board’s future composition – but I am none the wiser!

Do you have an opinion?

Thanks,

 


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Is Contango a Buy?

Paul Rickard

Contango Global Growth(CQG) has dropped from $1.10 to just under a $1.00 today. What is the reason for this fall and do you think it is a buying opportunity to buy more?

 
Regards


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Tax Clarification

Paul Rickard

I would like to clarify tax treatment for a person over 60, who has total super of say $750K. I believe any payments made from a SMSF are free of tax. I think though that any earnings inside the fund are still subject to the 15% earnings tax. And tax on contributions from an employer is still 15%. Is this right?

Thanks

 


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Financial Metrics of a LIC

Paul Rickard

When looking at the financial metrics of a LIC on CommSec’s “Financial” screen I often come across negative numbers for, eg. ROE, POR. What am I to make of this to better understand the LIC?

 


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