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04. How to understand the stock market

Get Rich Slow Club

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Understanding Share Ownership and Tax Implications in Australia

This chapter covers the differences between direct share ownership and using a custodian broker for investments, highlighting the risks and benefits involved. It delves into the importance of share registries, managing dividends, and tax considerations for Australian investors, including franking credits to offset taxes. The discussion also emphasizes the significance of long-term investing, seeking professional advice, and using tools like ShareSight and franking credit calculators for assistance in navigating the stock market and maximizing returns.

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