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Was Andrew wrong? Is Smartpay (ASX: SMP) a buy, opening an SMSF, China v America

Australian Investors Podcast

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How to Set Up an SMSF

There's a whole industry based around trade finance. The risk with these is that they never get enough scale and you end up paying fees in some way or another. If you invest in something like this, I think you just have to treat it as extremely speculative. There was a, there's another app called our cow. And that's what we've been purchasing meat through. It connects you directly with a farmer, basically. So it's just the same thing, but without subsidizing the farmer and without the farmer getting the benefit.

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