The (financial) facts of life
Article Abstract:
Many parents in that past put money away for their children rather than investing. However, as parents have come to realize the rewards of investing, their level of knowledge about investing and financial planning has increased dramatically. Many professional money mangers agree that there is no right age for teaching children about investing. However, parents should stay active in advising their children, which will help them avoid mistakes of previous generations.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1999
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Tax effective investing
Article Abstract:
Tax-effective investing and planning at the end of the tax year can keep taxes to a minimum in Australia, but there are limitations on things that can be done at the last minute. Borrowing money to invest is risky, but it is a better choice than using after-tax money. After 20 years if earnings are at 10% per year the borrowing strategy was likely to produce results five time those of using after-tax income to invest.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1998
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Wrap accounts: convenience at a price
Article Abstract:
Wrap accounts consolidate a variety of investments into one manageable account. While it may be convenient have a single report covering a broad range of investments such as managed funds, directs shares, bank deposits or allocated pension funds, the various layers of management fees and commission charges can add up to costly charges for the investor.
Publication Name: Personal Investment
Subject: Personal finance
ISSN: 0813-2992
Year: 1998
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