Our fund generated a satisfactory return during the year, but underperformed both Australian and world share markets as you can see in the following table.
Tuesday, 10 December 2013
Monday, 11 February 2013
The craziest bond investment?
Anyone who has ever borrowed money has worried about what
would happen if something bad happened to them, and they had trouble repaying
the loan. As a borrower, you run the risk that your home, your car and other
assets could be at risk if you cannot make your payments. This is because there
is a general rule that lenders’ interests rank ahead of borrowers’ interests
when dealing with a troubled borrowers’ assets.
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