John Bogle, the founder of the US investment company Vanguard, calculated that the average equity unit trust investment gained 173% between 1997 and 2011. In the same period, the average investor in equity funds gained only 110%! This is primarily because investors end up selling when the bear prowls and buying when the bull rages. Discover more about the importance of staying the course…
If you’re an entrepreneur, you’re likely to be an optimistic risk taker and may believe that the proceeds from the sale of your business will suffice as retirement capital. The reality is that not all businesses have a happy ending. Diversifying your assets is a great way of ensuring against the possible decline of your business, or the inability to sell it when you need to.
People often make decisions about property investments without a full understanding of the tax implications. Let’s take a look at 10 common questions (and answers!) about income and capital gains tax that every property owner should know.