Recent content by IntrinsicValue

what assumptions have i made? all i said was that there are a lot of tax and brokerage expenses added up together that could have been used to compound. that's fact. in relation to claiming deductions. so what you're saying is that day traders incurring these expenses can claim these as a...

nice assumption there in bold. you act like you know my investments so well.

you cannot discount ordinary tax though. so isn't that pretty much the same thing as paying full tax like as if it were CGT not held after 12 months?

hehe, just think of all the brokerage expenses added up along with the CGT expenses (without using the discount method) that you could have used to compound from :P. feels like such a waste just thinking about it. of course - if you want to look at the bright side - day trading will be...

Sorry to go off topic but ROE, it says you have exceeded your private messages quota so I couldn't give my reply to you. It says you need to clear some space.

Well a lot of the subject is based around formulas on expected return on the variance of the specific industry market prices and its covariance to the market index. That's just in the portfolio theory it wants us to learn. I call it speculating in my books. I say leave variance and coefficient...

LOL I prefer to call that subject "Speculation 1"