re: hdr margin loans -hardmano
Rayrac, Teddyward, we can do a little better than that. It is correct that CGT is reduced by holding investments for 12 months, even better relief can be had by holding long term investments in a super fund. Upon retirement the fund can be turned into a pension and the result is nearly tax free. That's a government incentive to self-fund your retirement. And that's where my HDR live! It also means that I have no real incentive to trade those shares.
HDR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held