i hate this tax selling!!, page-9

Rager


The benefit in selling just into the new fy is that you can lock in a profit and then have all of that profit for an additional 12 months before paying tax. Given that HDR is likely to continue to rise - you might then buy staright back in. This would be sound money management (to lock in profit) particularly if you already had a large capital gain in the previous fy so that selling then would have resulted in heaps of tax payable.



H