Clear Directions emails
Welcome to our Clear Directions email service feedback forum.
Do you have an idea on how we can improve our emails? We want to hear from you!
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6 votes
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Include a section on recommended websites
It would be useful if you could provide links to other websites that also provide useful financial material
3 votesThis section has now been added as a regular feature of the email newsletter.
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2 votes
In a recent Eureka Report article, Scott Francis has provided commentary on an interesting high interest rate offering from Suncorp – www.acleardirection.com.au/suncorp_offering_with_a_bonus___eureka_report_article
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Provide a print or PDF download function.
Would be useful to facilitate off-line reading of the newsletter.
1 vote -
Low fees
Why can't we invest in US Vanguard index funds at low fees? Why not also invest in LICs like AFIC wit fees of about 0.13%?
0 votesThanks very much for the question.
The problem with investing in USA index funds at low fees is that you have currency risk and the tax issues associated with investing in USA based assets. The tax issue particularly provides additional complexity for retail investors because the fund will be paying USA based income to investors. The USA Vanguard website also indicates that it is against the law to offer its USA based funds to many overseas investors.
LIC’s (Listed Investment Companies) are a very low cost investment option in the Australian environment. However, they have one ‘risk’ that a simple index fund does not have – they can trade at either a discount or premium to the value of their underlying portfolio. This can potentially increase or decrease returns over any period for an investor. This is not a risk that I am personally comfortable exposing client portfolios to.
The… more
