The long-term capital gains tax on international mutual funds has been reduced to 12.5% for investments held over 24 months. Wealth managers now recommend diversifying portfolios with 10-15% in overseas equities, particularly in the US and China.
Warren Buffett’s 7 golden rules for young investors trying to manage finances
Warren Buffett shares seven essential financial lessons for young investors, emphasising frugal living, eliminating high-interest debt, long-term investing, understanding businesses, maintaining cash reserves and portfolio