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.
ASX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
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