MSB 8.43% $1.35 mesoblast limited

MSB Trading - 2019, page-4424

  1. 7,580 Posts.
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    Hi Armyne

    I only rarely catch the highs and lows... in the 'bell curve' of trades, I am happy if I am on the correct side of the midpoint.

    As far as paying the full CGT... it is the money management and the overall result which matters most. There is not as much CGT as you might imagine... if I buy 100 shares @ $1 and then buy 100 shares @ 80 cents but then sell 100 shares @ 90 cents I have protected my capital but I have not incurred a tax debt. Since I am investing with the aim to hold a long term position the majority of the shares I own are not going to sold... so the long term tax implications are fairly small. The money saved when things go wrong, I find, more than outweighs the tax on the gains.
 
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