Lately we have seen a rash of threads where people ask for specific advice about their particular financial situation.

These threads will no longer be permitted on ASF.

This kind of financial advice can only be provided by a licensed financial adviser. It is illegal for anyone who is not licensed to provide someone else with specific financial advice.

This kind of discussion is outside the scope of forums such as ASF and threads asking for advice will be closed or removed as soon as is practicable.

Those seeking financial advice specific to their particular situation should consult a licensed financial adviser (ASICís website at has a list of licensed advisers). They should also consider visiting ASICís consumer website at for general guidance about investing.