The best and most honest answer would be- frenetically taking profits on a poor performer like WBC adds up but it would be far better in the long run to buy and hold a well performing stock. The tax system favors franked dividends.
I have been investing for three years- doing alright- but not beating any index or whatever- for all the frenetic profit taking getting the message that it is better to just buy and collect franked dividends and hold for long term compounding price increases.
IMHO DYOR
WBC Price at posting:
$21.14 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)