FIVE STOCKS

Discussion in 'Stocks & Derivatives' started by Old Codger, Jan 15, 2014.

  1. Old Codger

    Old Codger Active Member Silver Stacker

    Joined:
    May 13, 2011
    Messages:
    4,936
    Likes Received:
    3
    Trophy Points:
    38
    Shiney,

    Our deeply respected courts have now evolved the policy that a deceased has a responsibility, "Beyond the grave",

    So if there is money in the estate, a court can rewrite the contents to account for a needy offspring.


    OC
     
  2. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

    Joined:
    Feb 25, 2010
    Messages:
    5,290
    Likes Received:
    5
    Trophy Points:
    38
    Location:
    Hunter Valley, NSW

    Your assumption is that they are either one or the other. I have read 'The Millionaire Next Door' which sprouts statistics that kids that worked for things are more successful but that doesn't mean that you can't give them a hand. It is assistance with a deposit not buying a house.
    On your assumption am i correct to assume that you don't believe i donating to charities either because they will just "piss it away"?
     
  3. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

    Joined:
    Feb 25, 2010
    Messages:
    5,290
    Likes Received:
    5
    Trophy Points:
    38
    Location:
    Hunter Valley, NSW
    I reckon it'll be the grandkids that'll benefit most. Hopefully, the kids will have listened, developed good financial habits and learnt not to blow money. By the time i die i hope that she would be comfortable and able to set up something for her kids for when they get older.

    We'll see.
     
  4. Greenman

    Greenman Member Silver Stacker

    Joined:
    Dec 6, 2012
    Messages:
    551
    Likes Received:
    8
    Trophy Points:
    18
    Location:
    Australia
    http://www.afrsmartinvestor.com.au/p/property/how_to_buy_home_for_your_kids_XKnod1AMyqoEVy79L50i6N
     
  5. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    19,614
    Likes Received:
    2,802
    Trophy Points:
    113
    Location:
    昆士蘭
    So as not to hijack this thread I've taken this here: http://forums.silverstackers.com/message-628495.html#p628495
     
  6. Abossy

    Abossy Active Member Silver Stacker

    Joined:
    Jun 20, 2012
    Messages:
    390
    Likes Received:
    39
    Trophy Points:
    28
    Location:
    Perth, WA
    Was curious to see the stocks mentioned....I just finished my evaluation on the Intelligent Investor, deciding if to continue on.
     
  7. glam

    glam Member

    Joined:
    Apr 10, 2011
    Messages:
    165
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Adelaide
    The stock portfolio is not very practical. Brokerage would be considerable, and the bottom 5 stocks ( less than 1.5% of the $35500 portfolio) would be less than the smallest parcel of shares you could buy on the ASX. ie less than $500.
    A mix of ETF and bonds would make more sense similar to the option 2.
     

Share This Page