Ann: Rio Tinto successfully completes $1.5b share buy-back, page-10

Brokers are crooks in my opinion. I know some HNWIs who use them merely because their inept at anything financial. Literally shuffle stocks around like you mentioned - sell RIO and buy whatever random crap. Or sell CBA and buy NAB. Merely to increase commissions on top of the 0.8% annual fee of assets charged. They generally leave the long term stocks with high CGT issues, but anyone with a liquid few million in cash and $10m recent purchases with no real CGT seem to have that churned for commissions, whilst leaving the long term stuff alone.

Just set up a commsec account and do it yourself. Seems you’ve got it right anyway, completely agree CSL and REA are trading at lofty valuations.

Funniest part is it’s always good to buy stocks regardless of the time! Lol!