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Question: Stacey Derringer is divorced and has two sons, ages five and six. Her ex-husband is paying $100 per child per week in child support. Now that her sons are in school full-time, Stacey has returned to work as an office manager with a salary of $50,000 per year. Since her income is enough to support the family, she has decided to put the child support money in a college fund for the boys. For the last year, she's been depositing the money into a savings account, earning only 1 percent annual interest, and she's accumulated $10,600. She realizes she needs to invest this money to earn a better return.
What is Stacey's specific investment goal, and what types of mutual funds might be appropriate to meet this goal?
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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