BCS brisconnections unit trusts

You are supposed to know what you're buying (shares, options,...

  1. 1,257 Posts.
    You are supposed to know what you're buying (shares, options, instalments, etc.), I’m not happy with what BCS has done but in theory, if you’re buying ANY financial vehicle you’re supposed to be informed.
    IMO, the ASX has become an on-line casino where gamblers are called investors and they place orders as if they were placing chips in the roulette. I just dislike what BCS has done promising a dividend and then changing the story, but it is fair to say that by definition the companies are not obliged to pay dividends, however, if you’re buying an instalment you know that you’re liable for the remaining component(s).
    Moral, do at least some research before placing an order…ASX is not a casino
 
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