Stock market crashes are a great income earner for the US. Mum and Dad from Australia, UK, or wherever invest $100K in the latest dot.com that money is paid mainly to US citizens who build houses etc. The dot.com goes bust and the money is lost to Mum and Dad in Australia etc and stays in the...
G'day im 49 years old and have a fair bit of money tied up in Australian shares via BT Super Wrap. I make the buy/sell decisions and don't have an advisor... I did and he was hopeless. My risk profile is a little above middle of the road and my aim is maximize the value of the fund over the next...
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