Eureka Correspondence

International investing, NewSat and superannuation.

International investing

The articles on international investing have been extremely interesting, and I for one would welcome periodic updates on the advantages and disadvantages of investing in each of the major international markets, not only the US!
Incidentally, I note that Tata Motors is no longer on the list of International stocks - is it expected to recover from its current slump?


Editor’s response: Thanks for your letter. Tata Motors had fallen off the list of international shares due to a technical glitch, and it's back there now:


Would Mr Gottliebsen care to give an update?

Name withheld

Editor’s response: Thanks for your letter. Eureka Report discontinued coverage of NewSat in July last year. The article explaining the reasons for this decision is here.


You are all missing something, super earnings includes capital appreciation not just income. Any well run SMSF has earned about 15% for each of the past 3 years. so the base for Bill's tax is about $500,000 not $1,000,000. To make it worse we will have to sell assets to pay Bill his tax and then in a bad year will he give us a credit? How many SMSFs are out there where a contributor has a balance of $500,000 or is getting close to it? Not the small number he is talking about. Talk about an own goal.


I do not understand Robert’s tacit support of taxing super income above $75000 whilst being strongly against taxing pensions, are not retirement income streams referred to as account-based pensions?


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