Archives: Questions And Answers
Hi MM,
I enjoyed your article on NHC a few days ago.
With coal prices up significantly and NHC ramping up production, do the analysts have a revised view on forward earnings and dividends?
Thanks, Peter
Hi James & Team
Can I have your current view on the 4 Big Banks.
With the RBA lifting rates on Tues and the outlook being for further increases- how will you be positioning yourself with the Banks? I know your portfolios do not hold CBA – if it did would you be selling CBA or holding especially since they have already paid out a dividend in Feb – whereas ANZ, NAB & WBC will payout in May.
regards
Debbie
Hey guys, after the sell off in copper stocks, would you be buyers of SFR or WIRE at these levels? When do you think is a good time to establish a position or increase a position?
I do not understand why MM would analyse EWY over IKO as an ETF to invest in Korea. Investing in an American ETF will attract additional fees for the transfer of funds, and horror of horrors could attract the attention of the IRS. I was advised by an experienced accountant years ago to never invest in US shares or ETFs directly as it can attract the attention or the IRS, who simply do not understand the tax-free status of SMSFs. Certainly I will never do so, as I have great respect for my fund administrator, and will never aim to make his life more complex than it is.
Hi MM team
I do not understand what advantage MMKT & AAA provide over Macquarie Bank’s Accelerator bank account. It pays 4.15% per month, calculated on a daily basis. You have to have a Cash Management Account (CMA) to manage the transactions, like all banks require. It pays 2.25% in same way. Both of which are far better than NAB, for example, at 1.40% for iSav and 0.0% for Sav. Also, our funds are in an SMSF structure, so funds must be visible to a third party – a fund administrator – and Macquarie is well set up for this. (It holds around 1/3 of all SMSF cash funds.) Last time I checked NAB could not manage third party access. Another big thing is that there are no brokerage fees and access to funds is immediate for investing or withdrawals. Also, Macquarie is hooked into Bell Direct as brokers, and I have found their website and facilities to be terrific.
Hi Team,
Hi Gents, Excellent ongoing commentary from yourselves as ever!
I am of the opinion that rising prices are a symptom of inflation (actual inflation being growth in money supply via central banks or expansion of lending), but even if someone holds a different view to the definition, can you please explain why a rising oil/ energy price is defined as “inflationary” and requiring rate rises, when the rapid rise in price is obviously generated at this time by anticipated lack of supply, rather than increased demand (implying a strong economy). I would think a rapid rise in energy prices is as effective a headwind for the economy as any interest rate rise. Your interpretation would be appreciated.
Regards Tony
