"look at divi's coming up in the 1st month of the financial...

Originallypostedbyboomeronrations

Hi,
Perfectlyreasonableto"Bowenproof",butIthinkpeopleneedtoremember,itisallaboutmakingmoney.
I'veheardpeopletalkaboutstrategiesthatwill,infact,bedetrimentaltotheirfinances,andjustreflectfurywiththechange.
Therearelotsofstrategies,sotakeyourtimetoassesswhichoneisthebestcombination,foryou,ofriskandrewardandcontrol.
Watchthesenateresult,ifLaborsurprises,anddoesbetterthanexpected,havealookatdivi'scomingupinthe1stmonthofthefinancialyear[likeanz],itmaybeworthsellingthemcumdivi,togiveyourselfmoretimeforimplementationofmitigationmeasures.

Darryle,Iwouldmakeonecomment,frankingcreditsinasmsf,asyoudescribeabove,willnotberefundablewhenyoutransferbackintopensionmodeatage75,whetheryouareonapensionornot.
Theywillberefundableinyourpersonalaccount,ifyouareoncentrelink

cheers

"look at divi's coming up in the 1st month of the financial year[like anz], it may be worth selling them cum divi, "

Well, how is that for a p1ss poor[too late] piece of advice?
ANZ went ex dividend today, so if labor's policy does get in, I just blew the franking credits from my smsf's anz shares.
Doh!