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From: | "Allan Julian" <ajulian@xtra.co.nz> |
Date: | Tue, 16 Mar 2004 14:05:34 +1300 |
Thanks
Chris,
Just
what I needed.
For
the record I went to a money managers seminar this morning, I have a work mate
who went with them after retirement, and lost a lot with them, and as a result
is back working a 3 day week. I always tell him I'm saving money by losing it
myself rather than paying someone to do it. They are keen to emphasise the tax
breaks available, that make their investments profitable, the loop hole they use
however will be closed soon. I am always sceptical when tax breaks have to
be emphasised to make something look profitable.
On a
positive note he did stress looking at shares, and their dividends, not just
either or. I tend to agree with him on that.
Allan.
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