When a self-managed super fund is in pension mode & you have to pay yourself from a term-allocated pension which is nearing termination, you have to withdraw increasing amounts each year. This year I will have to withdraw around $200,000 & I do not want to sell CBA shares after they fall in price. Consequently, I have been selling & will buy back in my own name when the price falls. I have already bought 500 back when the price fell to $126.85. I have sold a lot more since at much higher prices.
CBA Price at posting:
$144.35 Sentiment: Sell Disclosure: Held
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