Thanks guys for some fantastic responses.
The reason why I want to liquidate now is because I am not getting bang for my buck anymore. I think I would be better off liquidating and buying the same shares or something different in the wife's name.
If I hold them now, for every dollar move I have to pay 40% to the ATO. That is ridiculous given that I am paying interest around 9%.
Putting it into super is fine provided the fund does well. Property sounds good. But I will need to get an interest only loan and borrow over half a million. That maybe a good option but then I have to buy quick. Big decisions to be made here.
tax question, page-10
Add ASX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$65.31 |
Change
-0.070(0.11%) |
Mkt cap ! $12.75B | |||
| Open | High | Low | Value | Volume |
| $64.86 | $65.79 | $64.73 | $19.58M | 299.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 166 | $65.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $65.35 | 1307 | 1 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| ASX (ASX) Chart |