FMG 1.20% $21.41 fortescue ltd

Thanks yes good advice.I'm actually an accountant so have a good...

  1. 619 Posts.
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    Thanks yes good advice.

    I'm actually an accountant so have a good understanding of the franking credits and the tax benefits on having the dividend in super.

    I actually plan to start a new business so my income will drop and this dividend will be my sole income while business is building. So my tax rate will be low.

    it also means I'll have a base line of 50k a year plus of minimum income for the rest of my life which is very appealing as a safety net.
 
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