I love to travel
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Zip taking an absolute battering. Lost 14% in 2 days.
Most values I see on it are around $8.Zip taking an absolute battering. Lost 14% in 2 days.
Zip taking an absolute battering. Lost 14% in 2 days.
I have no idea to be honest.Where is your stop loss? 15%, 20%????
I have no idea to be honest.
Sell enough so as to not push yourself into the higher tax bracket or at least enough to offset your accumulated losses. You don’t have to sell all of them!Have been thinking casually about selling and rebuying my CBA shares to create a CGT event.
'You're mad' I can hear you saying.
However there are reasons to do this:
- to be able to leave the shares to my beneficiaries without an attached CGT debt when the beneficiaries surely sell them.
- is to use my accumulated losses to offset the gains, as losses are extinguished for an individual, upon their death.
AS the shares were left to me CGT will have accumulated from the initial share offering price of $5.60 (IIRC).
Unfortunately the CGT payable will push my income into a higher tax bracket for this year.
Any thoughts?
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