2011-12 Federal Budget
Below is a review of the 2011-12 Federal Budget that relate to financial planning; namely superannuation, taxation and social security.
What are the Benefits of Index Funds?
It is clear that managed funds offer greater diversification than most people can achieve through direct share investing. Whilst there are many thousands of managed funds they can essentially be broken down to two groups, “active” and “passive”. Active managed funds attempt to outperform the benchmark index through wise stock selection whilst ‘passive’ managed funds…