ASX 0.23% $65.53 asx limited

tax question, page-10

  1. 5,172 Posts.
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    Thanks guys for some fantastic responses.

    The reason why I want to liquidate now is because I am not getting bang for my buck anymore. I think I would be better off liquidating and buying the same shares or something different in the wife's name.

    If I hold them now, for every dollar move I have to pay 40% to the ATO. That is ridiculous given that I am paying interest around 9%.

    Putting it into super is fine provided the fund does well. Property sounds good. But I will need to get an interest only loan and borrow over half a million. That maybe a good option but then I have to buy quick. Big decisions to be made here.
 
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