Funny article I got linked today by my left wing buddy.
http://www.theaustralian.com.au/news/nation/combet-warns-of-price-rises-under-a-coalition-rollback-of-carbon-tax/story-e6frg6nf-1226018012417
http://www.ato.gov.au/individuals/content.asp?doc=/content/00237980.htm
That's the ATO guide on capital gains for personal investors
Quick answer for you (it is clearer if you use numbers of shares).
You by 1000 shares for $10 each. ($10,000)
Share price rises to $20 ($20,000 holding...
Re: Soccer is un-Australian
I can't really see how a sport that has slightly different arbitrary rules, has different shaped goals and does not allow the use of hands gets labeled un-Australian...
Of course if you're talking about the type of PLAYERS the sport attracts then perhaps it's true...
Hey guys.
Quick question to anyone who has knowledge of working on a trading desk. I was looking through job descriptions and wanted some clarification on some of the duties performed. The below description is taken from a trading desk job.
"In Trading, you help senior traders cover...
My folks were trying to fly up to Cairns from Brisbane on a Sunday. They left the house at 6, plane at 8 and then get above Cairns by 10.
Long story short after several attempts to land they fly them back to Townsville. Since it is a military base they cannot leave the plane and they have no...
Nearly everything I beleive on this topic has already been said but I'd like to add an important point. If there are no death duties then the government still earns tax dollars on the returns on investment over time. If there are death duties then the tax dollars end up unproductive and...
As with anything with the ATO just make sure you keep detailed documentation with reasons for selling each stock. Buying back stocks in the same sector like SKC mentioned is a great way to do this.
EG. ANZ under performing, commbank offering a higher yield. Sold ANZ xx/xx/xx purchase commbank...
I do this with a company structure personally.
One thing to consider is if you're investing (not trading) then using a trust structure or just having individual accounts may be better as you have access to the CGT discount.
Very interesting thread. I'm mostly a forex trader but have been quietly researching investing to make better use of my excess capital.
Just a point I'd like to make with yield. Given that yield is the dividend / share price and as earnings increases from year to year the dividend and share...
I stumbled upon the online training course today also, remember reading about it a while back and it seems to have finally been finished.
The course outline seems very basic to/for me. Having said that it does give a better stepping stone for someone wanting to get into this business instead...
Re: The Greens - The New Radical Socialists
If you go to a university now days you'll be swamped by the socialist trying to push their magazines on you and posters saying 'CLOSE ALL DETENTION CENTRES, STOP THE RACISM' or 'Why Marxism works'... Yes I am the guy who argues with the people who...
Re: The Greens - The New Radical Socialists
Very interesting party that shows great out of the box thinking. They managed to get the kind of democracy that we all want without having to dissolve the current system. I actually linked that to a friend of mine then as he was complaining about...
Re: The Greens - The New Radical Socialists
I just did a quick look through all the registered political parties and it seems the Liberal democratic party fits nearly all of my views on Australia.
http://www.ldp.org.au/
In the same respect my vote may be better served with the coalition...
To be honest I'm not too fussed with owning a house as they are, on average, a fairly poor investment compared to business. Compare continuously investing in blue chip industrials at the same rate as you would your mortgage minus rent from the date of your house purchase. Not only would you have...
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