WBC 1.18% $27.47 westpac banking corporation

News: WBC Australia's Westpac posts 26% rise in annual profit, page-42

  1. 3,554 Posts.
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    Did I say that holding a paper loss is hard? Holding a paper profit is harder.

    Take the profit today and get a smaller tax refund. Hold today for the franking credits and get a larger refund.

    Add my marginal tax rate to the 30% franking credit- ignore the paper losses tomorrow and focus on tax refund time next year- regale the kids again about how boomers built the tax system- chuck in another ramble about paying 17% on the mortgage in the day- pay them back for claiming that boomers destroyed the Voice vote... where was I?

    Oh yes, holding today.

    IMHO DYOR
 
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