The assumption is that these companies will continue to pump out a reliable dividend stream and there’s not a second thought about a sudden cut to that dividend. But Telstra did just that in August last year.
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From international tennis stars one week to the average mum and dad the next.
The ABC’s 7:30 recently featured a story on victims of poor financial advice (investors duped by a noted investment spruiker) who are calling for reforms to protect anyone else from suffering what they’ve endured over the past decade.