18-06-2015, 11:22 PM
(18-06-2015, 11:15 PM)CY09 Wrote: Many of us here rely on Google and annual reports too. How diversified and how much capital to risk is dependent on your own temperament. For you one additional layer of factor to consider is how much accountability is there to your parents, their risk appetite, retirement goals and time to their retirement.
As for the idea of buying an island, just scrap it. there are others like investment return to be 80% of your family's working income or something. An island is rarely a cash generative asset, unless you hit a gold mine or oil field
Island is a bad idea coz everything need to be imported.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster