Same Format, Different Currency

Blog

Same Format, Different Currency

Same format, different money. We came in at over AUD 100k in after tax non-investment income – mostly salaries. This places us near the surface of the income distribution in Australia. Especially, when we add in the retirement efforts and investment income. A big proportion of the last mentioned is jump back in capital ideals though just. This year will most likely not look anything like that.

The increasing Aussie Dollar put a damper on the investment results. Retirement efforts add 24% on top of the after tax salary because of the high contribution rates in public sector jobs in Australia and additional salary sacrifice contributions we are making for Snork Maiden. For non-Australian readers – the compulsory degree of retirement efforts by employers is 9% on top of the pre-tax salary. But in the federal government sector the levels range between 15 to 17%. In addition, at the colleges, employees are required to contribute yet another 7% out of the salary for reasons unknown.

  • Increase in AD, shift right
  • 1 teaspoonful cayenne pepper powder
  • Empirical Tests of CAPM
  • 36 Toronto Street

After going through the institutional process, what’s your feeling of the marketplace right now or junior exploration-stage miners? 1,000 the gold juniors would maintain fat city however the market continues to be very selective and this is reflected in the fact that the TSX venture index continues to be at August 2003 levels. OR: How long is the administrative center you elevated in this last round expected to last the company?

Will it see you through 2010, for example? OR: One problem that is apparently raising its mind in Brazil is that of the gratitude of the money, the Brazilian Real (BRL) against the dollar. Is the strong Real affecting your company finances very much? OR: There are a number of shareholders of Amarillo reading this interview. Also, there are plenty of other potential shareholders.

RB: We have been saying the same thing internally and for the very first time we are creating a promotion strategy and budget you start with a Munich investment meeting and presentation later this month. OR: And for the future, what can we expect from AGC by way of catalysts in the full months to come?

I for one am rooting for the company, but I’d like some solid newsflow to cheer me on the true way and ideally move the stock price forward. OR: Rick, thank you for the interview today. We can hear wrap it up, but I’d like to provide you with the chance to state any last words.

Image source: Getty Images. 138,336 in 401(k) fees over their lifetime. That’s a lot of money, considering that it equals more than two. 5 years’ worth of a typical household’s earnings. Are you getting what you pay for as it pertains to 401(k) fees, or are you getting cheated? Is there a way to figure out whether you’re one of the unwitting victims of the financial industry’s self-serving fee structure?

One of the largest issues with 401(k) fees is that they look small on paper. For instance, the Center for American Progress found that the average 401(k) plan charges fees of around 1% of possessions managed. 227,000 at retirement, even if there are no more efforts to your account. 163,000. The 1 percent difference in expenditures and fees would lessen your account balance at pension by 28 percent.

340,147 over their lifetimes, thanks to the fee structure of the average 401(k) plan. Do employees get what they purchase? All this would be much ado about nothing at all if workers got a valuable service in trade for these fees. But research strongly suggests that higher 401(k) fees don’t result in higher results for plan individuals. It’s been broadly suspected since at least the middle-1960s that positively managed mutual money generally underperform passive, low-fee broad-market indexes.

Tags: