true, but "don't spend what you can't afford to lose" isn't very applicable to investing these days, as more and more people are self-managing their super (who can we afford to lose ANY of this?). This is more of a gambling mantra rather than an investing one (yes, i know alot of people see them as the same!! :-).)
anyway the rules for wash-sales are a bit ambiguous in Australia, and this may be a goor bad thing, depending...
Here's some more on selling for tax reasons
http://www.asx.com.au/resources/investor-update-newsletter/201305-tax-loss-selling.htm
share price , page-11
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $450.9M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 30.5¢ | $236.6K | 759.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 546 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 3297 | 1 |
View Market Depth
| Last trade - 15.59pm 04/10/2024 (20 minute delay) ? |
| IMM (ASX) Chart |