Q&As: Should man, 64, get student loan for the income, given that he probably won’t ever repay it?; Passing shares down the generations has good and bad points; Why did GPG get an exemption from the new international share tax rules?; Woman makes great progress in one short year; New charity aims to help children help themselves.
Excerpt from Get Rich Slow. This is the final week in which we are running excerpts from Mary Holm’s bestselling book, “Get Rich Slow: How to grow your wealth the safe and savvy way.” Mary’s regular Q&A column will resume next week.
Q&As: Lessons from the Bible: Is borrowing bad?; Is luck or attitude the secret to wealth?; Sharebrokers shouldn’t always be expected to give ongoing advice.
Q&As: A landlord’s nightmare; Credit cards v eftpos; Optimism, pessismism and oil prices.
Q&As: Eftpos v credit cards. And bank fees; The investment outlook is gloomy, so save!; Wealth doesn’t make you happy.
Q&As: Is compounding interest over-rated?; Credit cards v eftpos; How long is long-term? Returns on different assets.
Kids, cash and cards: Help your children learn about money. Also in this issue: From the Mailbox — Saving for the children’s future.
Q&As: When to declare share trading profits; What to do if travel agent charges more for using a credit card; Different Visa rules in Australia, and how Visa operates.
Q&As: When does tax on capital gains apply to share investors?; When can share investors deduct newspapers and investment reports?; Are shops allowed to charge more if you use a Visa card?; The role of luck in house price rises.
Q&As: Paying extra for using a credit card; Distortions when considering how good an investment your home is; First home buyers should probably wait.