Yeah agree, certainly do need to adapt new strategies to take profits from the markets. Look at how all other businesses have needed to adjust as well. Imagine if a furniture shop or restaurant still tried to operate as they did 15 years ago. Personally I’m not involved in CGT on shares but that strategy of holding long enough to avoid it needs to change as well. How about aiming to pay as much tax as you can? I guarantee you will profit more from the market than following a SP lower and lower simply to avoid a bit of tax. How many have been caught out doing that? And now there’s no profit.
Bring on the tax problems. IMO.
Cheers.
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