"Trying to outsmart the market at tax time is a pretty curly issue, so I would suggest you don't let tax considerations be your sole reason for selling. Sell stocks if they disappoint; hang on to them if they don't. The government is hell-bent on getting money out of you one way or the other anyway."
Couldn't have said it better myself,
http://www.asx.com.au/resources/investor-update-newsletter/201305-tax-loss-selling.htm
"Trying to outsmart the market at tax time is a pretty curly...
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Last
29.5¢ |
Change
0.015(5.36%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 30.5¢ | 28.0¢ | $833.4K | 2.824M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 388130 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 39940 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |