i am down 40%, page-2

  1. 1,296 Posts.
    Have a read of this:

    http://law.ato.gov.au/atolaw/view.htm?DocID=TPA/TA20087/NAT/ATO/00001

    Found the link by googling "ato share washing".

    Think carefully about the stock. It may be time to get off that horse and onto another.

    Rather than keep looking at the red value, take a step back and think about the current funds you have locked up. If you had the same funds sitting in the bank would you buy into that same stock?

    Answer, yes, keep holding.

    Answer, no, then sell.
 
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