LIN 4.76% 11.0¢ lindian resources limited

February Trades, page-13

  1. 11,710 Posts.
    lightbulb Created with Sketch. 748
    No I would not have 700% because of my investment partner the ATO.

    Whether I have done the right thing or not is not decided on just one stocks outcome. I have stocks and options that have turned into 0 via bankruptcy or time running out BUT I have multiple others that have gone up 100x and plenty in-between 0 and 100.

    The overall maths have me well ahead of taking 700% and sharing a lot of that with the tax man. In addition, I can tax plan and have nil income from other sources in the year I sell thus reducing the ATO's share greatly.

    A little incite for you.


 
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