As the title says, if one were to call the recent top of 40 cents on Buddy and then bought back in the high 20s they would have increased their holdings by about 50% or more and it got me thinking.
When considering tax, the end of FY17-18 would cost you thousands to the ATO if you sold in the short term to increase holdings on reentry. my question is -- is it worth paying full tax this early without CGT concessions just to increase your holdings for the longer term?
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- With a long term hold is it worth it selling high if you think it will drop low for the short term?
With a long term hold is it worth it selling high if you think it will drop low for the short term?
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