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clock Created with Sketch. 16/03/24
16:14
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Originally posted by dolci:
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" I own a heap of 6 cent shares. Don't need any mo " I own a heap of 6 cent shares. Don't need any more. the shares I own carry a 50% long holder discount on CGT" Look I will address your CGT if you had any brains you would have sold & re-brought again,......as most people already had CGT at that time & they sold out, you just keep making yourself look like a fool.... .......... since you like examples, from your 6c to $2.35 & then back to 15c ... just to hold to get your CGT is bad advice to investors on here, just a lot of hogwash as well...when the SP is like this at that time so unstable/unpredictable...CGT is the last thing you think about especially when you make 1000% plus.....what were you thinking 2000% for the Co with no revenue... my example.......your 2 M shares........at 15c =300K... with NO CGT to pay, you know what you can do with that strategy, to hold for the next twelve months, to get the CGT.......... this is what I call bad investing... .......while my.....2M shares..... when I sold........ at $1.80 =$3.6M after paying- 50% CGT that left me with $1,800.00K I think my investment has more logic, as you only hold $300,000K in profit & I hold $1,800,000K in profit & I am better of selling at that top then holding for that CGT...am I wrong again?,... please say I am ....
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What a journey you have had there and well done. I love the Australia stocks, lots of good stories and opportunities, some work out and some don't.
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