Share in compound effect


Term deposits have fallen behind the investment pack since the 1980s.

FOR my money, shares are the best investment any body can have. No other asset class offers such flexibility or liquidity, nor the tax benefits offered by franked dividends if you invest in Australian shares.

Peter Thornhill has been preaching the gospel of Australian industrial shares for more than 30 years, and I’m sure many of you have had the pleasure of listening to him at investment seminars.

A feature of his presentations is a graph which tracks both income and capital from…

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