"except for the tax, but not have to pay that for........well about Mar 2007
so plenty of time"
Hate to put a downer on your success
But
I know of a few people who made very large profits prior the 87 crash and I saw it happen again with some clients after the 2000 tech crash. They made huge realised profits in one financial year and bought cars, boats and other toys or reinvested the gains in the market. Suffered massive losses in the following financial year due to the market crashes/correction.
The ATO of course still wants the tax on the profits made in the good year but the money to pay the tax had either been lost in the market or spent on toys that due to deprciation could not be sold for anywhere near what they were bought for.
FOR WHAT IT IS WORTH
my advice is to treat spending the tax portion of the profit with caution
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