Alland Odisho

Question 9

Shares

• The shares they are looking to purchase are $10 to buy, with a dividend of 50 cents per share each year. The prices are forecasted to rise to $12 in the next 5 years

Bank cash management account

• The cash the costello’s would be placed into a bank cash management account. It would pay 4% per year for the next 5 years.

Property

• The property bought would be coastal land, a purchase of a property would have the value double within 5 years.

Bank term deposit

• An ABC bank term deposit is paying 5% for the next 5-year term.

Trust Account

• The western management trust account will return 10% each year for the next 5 years. They invest

• 20% property• 20% Australian shares• 20% overseas shares• 20% Government Bonds• 20% Term deposits

Trust Account

• Happy management trust will pay 20% each year for the next 5 years. They invest in:

• 80% overseas shares• 10% property• 10% australian shares