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
(20min delay)