I've been waiting to use this story for some time.
With the fairness of our tax system to be the focus in the lead up to the Federal election, I figured here's my chance. I'm not sure who wrote this originally, but all credit to them. It's a great analogy, and while the numbers may not be exactly right, the concept is. Here it is, the 'beer' explanation of the tax system. 16/1/2017 "Investors are Cautiously Optimistic": What does that even mean? Interpreting Financial HeadlinesJust because political or financial news is a diversion, a challenge or even entertaining, doesn’t mean it’s actionable. In fact, what people outside the media rarely appreciate is how many of the headlines you see every day are effectively meaningless. And it’s been really getting on my goat lately! So in this article, I’ll interpret some of the most common headlines and what it actually means for your investments.
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28/1/2019
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