I looked into it. I think your $660 is a little conservative. It is a lot of work getting the reports together for your accountant, if they will take it on in the first place, then they charge you to administer. I prefer "Whhatt
, I didn't know, why did they let me do it? LOL.
The cost of a DIO is about 40% more per trade and about $300 a year admin. No paperwork, 15% tax adjusted every 6 months on profit and loss.
Finally my first GXY super purchase has qualified for the 50% CGT discount. An extra glass of red tonight.
