Gold for the kids... it's a thing
The Money Puzzle
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Investing in a Stock Broking Account
The trick is to focus on capital growth, rather than dividends. Dividends are taxed at forty seven per cent in Australia. The structure is that the stock broking account is usually set up in the child's name,. With the parent as the custodian, so that when the child turns 18, the account ownership just automatically flik over to the child.
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