I have a client who is a really smart guy. He has a list of qualifications as long as your arm (not my arm coz that would be pretty short) and he's one of the best in his field. But when I told him that gearing involved borrowing he was positively stunned. No one had ever told him that before.
What's the point of telling you this story? Simply that gearing isn't necessarily a straightforward investment concept and if it's a subject you find confusing - well, you're in good company!
We've prepared a simple fact sheet that explains all the important points about gearing in plain English! Click here to read it, and if it's something you'd like to explore further, just give us a call.
By the way, my client told me I should tell as many people as possible his story in the spirit of financial eduction.
Talk soon,
Caren
PS. Please don't keep me a secret. If you know someone who'd enjoy this or find it useful, pass it on!
PS. Please don't keep me a secret. If you know someone who'd enjoy this or find it useful, pass it on!
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