The Experts, page-9

  1. 21,733 Posts.
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    and when in retire mode
    on your smsuper plan

    the franking credits all, 100% come back to you
    loverly..
    which in effect
    increases the div yield to you

    now what some seem to forget
    if you buy at say, $3, STO...... that's me

    and this pays, say 4% on $3 when bought about 12 cents
    and say, today 4% on $10, etc, 40 cents

    PLUS an Franking credit of roughly 30% on the 40cents
    say 10cents
    now the return is about 50 cents
    my $3 is now returning about



    better than holding up a Bank
    err wait a bit
    I also do this with Banks

    Really some should look long term
    this is roughly for the purpose of an example
 
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