POS 25.0% 0.5¢ poseidon nickel limited

Ann: Completion of $30 Million Oversubscribed Placement, page-108

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CFD TRADING PLATFORM
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CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,913 Posts.
    makattack
    " If in super fund it's 15% and 10% if held over a year so taxation difference is minimal. Ironically a super fund gives you more encouragement to trade than if not in super fund. "



    And when exactly can you remove the money from your super fund??? All well and good if your an old fart ready to retire in 5-10 years. But when you have 30+ years left for retirement having stacks of cash locked away is pointless and you could roll it into a few properties and have rental yields after trading and making cash, but once again this doesn't benefit you if your younger. Sure I'm all for trading via a self managed fund etc. if your age is appropriate, but your investment strategy must also take into consideration your age. I would rather have $2M in property earning crap rental yield which I can cash out when I want generating an income, rather than have that locked away for retirement that I may never even reach.
    Last edited by senator2004: 11/10/14
 
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