Hi can't seem to be able to search the information I am looking for in the forum.
The question I have is. Say I bought some shares of say 1000 RIO and that has been like 11 months, and I bought some more 200 RIO shares in say a few months ago and want to sell them. So the question is for capital gains purposes I want to sell the 200 RIO that I bought the 6months ago as I would like to keep the 1000 shares so that I get the 50% discount on the capital gains tax after it reaches 12 months. SO does buy and selling shares is first in first out? or it doesn't matter? As long as the shares I hold (say still 1000) never go less than that and I can buy and sell as many times as I want?