You can't legally invest in your child's name, and kids can pay a whopping 66% tax on investment income, so you need to tread carefully if you want to invest for their future.
Yield funds that harvest high dividends were all the rage 12 months ago but they have typically underperformed the Australian sharemarket over the past year.
If you had of told me only a few years ago that I would soon be investing in shares, rather than real estate, I might not have believed you, writes Brenda James.
Aussies are diverting millions of dollars away from savings accounts and term deposits into longer-term peer-to-peer investing, according to research from P2P lender RateSetter's investor base.
Self-managed superannuation funds (SMSFs) are moving away from buying blue-chip shares, high-yielding shares, cash management accounts and term deposits. So what asset classes are they buying?
Should Jennifer and Toby continue to build savings in a mortgage offset account or invest in a portfolio of listed shares, ETFs and bonds? And what is the outlook for their two Perth properties?
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