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  1. 109 Posts.
    CGT. Stop your bitching. Lose money and you pay no tax, or better still, you might get a refund.

    Now here is my guaranteed way to never pay CGT, or in fact any tax. Become old! 60 is defined by the ATO as old. Stockrules sounds like the Coopers are not yet there, but hang on boys and they will be. DT could be close if the knots are harder to unravel. L2 will never get old as the Grange in his pool and spa will be the ideal preservative. L2 enjoy your next Grange on me.

    Then the good news. Start your SMSF, put it into pension at any time in the FY and NO TAX. So if you still have a few years to go, hang in there, move into MAE2 or grab one of Stockrules tips and be happy ever after in tax free heaven.

    Forgive me, mea culpa, but I could not help sharing that with you. No need to respond as I know what you are all thinking. I would too.
    But gosh guys, when you reach 60 the BS’s need all the excitement they can get.
 
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