Well Said! I could probably use some info myself on the options for managing cgt.
The only reason I am not trading these IMO predictable movements is that I need to get me an accountant. Until I understand better how it might work tax wise (when switching to nominating parcels) then I feel like I am stuck (in my first in first out method). I am trying to wait for the 12 month CGT discount but I am feeling the pain now, because I feel like I COULD be trading the hell out of it... :-s
GXY Price at posting:
53.0¢ Sentiment: Buy Disclosure: Held