Hi all,
Had a good day on my STT holdings NXM, MAT, PMY and RHT.
Did a income DT on ORE.
As mentioned in the afternoon thread,
What are your strategy in minimizing tax at the end of the year.
I'm lucky that i had a investment property that i could offset some of the tax via negative gearing.
I don't know if this is a valid strategy but what I do nowadays is set a target to sell when target reach 30% but leaving the profit remain in stock as freehold. Most of the time, the profit continue to generate profit, if it's reach below the "cost" i will see it.
Learning at the moment and will greatly appreciate any advise and of cause DYOR
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- Daytraders After Market Lounge 21st July
Hi all, Had a good day on my STT holdings NXM, MAT, PMY and RHT....
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