know when to hold em know when to fold em - isn't that a country...

know when to hold em know when to fold em - isn't that a country song ? ;-). I have become good at taking a hit to get out of stocks going bad, just need to learn to take some profit too sometimes. Hopefully it all gets easier with experience. I appreciate other posters sharing their thoughts and stories.

Robmat, SOS has given a good answer on CGT from selling personally owned shares. I transfer shares between my own name and a trust because it is better for the trust to make money and me personally to bear the loss atm. So that is another tax consideration in addition to CGT and super contribution tax discounts, at different times your holdings might be better with a different entity - as far as I know you can swap back and forth as much as you like between a trust and yourself (but your accountant might hate you).

CC