Oh dear... socialists think that can manipulate the market

[lisa jones]

Ok .. it all makes sense.

Hotcopper eh? Another forum for me to check out.

So in many respects this is like property .. in that you conduct research which enables you to get to recognise what's cheap/blue chip and what's reliable/what isn't.

And you finally settle down in that area of specialization which makes you feel comfortable. Yeah?

Hmm .. talk to me about trading yourself or through a broker? Also franked dividends vs unfranked dividends .. the costs and benefits of these scenarios and what has worked for you.

I'm under the impression that the process is more cost effective if you trade without a broker and you deal with franked dividends. I don't really know though. And I'd feel embarrassed and stupid asking these sorts of questions on any of those forums too lol!

[lisa jones]

Apologies for making you work hard on a Saturday night too. Gawd I feel so bad now IQ!

I'll let you go after this ok? Many thanks again for your help.You've given me so much to think about here.

[IQS.RLOW]

Most of the large cap stock will give you fully franked dividends just meaning that the tax has already been paid. Although that hasn't been my forte as most of my stocks are not paying dividends. I am more about capital gains on speculative stocks

I have avoided brokers as I wanted to do it myself. YMMV

[IQS.RLOW]

Don't forget to note that CGT applies at the top rate unless you keep the stocks for a year after which only 50% of the capital gain is taxed... Effectively giving you a 23% CGT rate on your investment

[lisa jones]

Most of the large cap stock will give you fully franked dividends just meaning that the tax has already been paid. Although that hasn't been my forte as most of my stocks are not paying dividends. I am more about capital gains on speculative stocks

I have avoided brokers as I wanted to do it myself. YMMV

TAX and RISK is what concerns me most regarding your 1st paragraph.

I can understand/agree with your last sentence.

[lisa jones]

Don't forget to note that CGT applies at the top rate unless you keep the stocks for a year after which only 50% of the capital gain is taxed... Effectively giving you a 23% CGT rate on your investment

Yep .. as I thought .. more TAX! I so HATE that word lol!

Hang on .. what's all this BS about stocks/shares and liquidity then? You're basically saying that you SHOULD be keeping the stocks for a yr .. if you're going to reduce your tax obligations. Right?

[IQS.RLOW]

Don't be scared of tax. If you are not paying tax, then you are not doing it right

There's risk in everything. Without risk, there is no reward

[harvey]

Don't be scared of tax. If you are not paying tax, then you are not doing it right

There's risk in everything. Without risk, there is no reward

If you want to minimise risk, then leave your money in the bank!
You'll get little reward though

[lisa jones]

Don't be scared of tax. If you are not paying tax, then you are not doing it right

There's risk in everything. Without risk, there is no reward

I know that lol. I just want to legally minimise it. For me that is an impt consideration. I don't want to see large tax bills at the end of the financial yr.

Psst .. you're talking to someone who at one stage tax deducted the family dog ok lmao ?

I bet that last sentence made you laugh lol!

[Leftwinger]

Housing Industry Association chief economist issues warnings over Victorian land affordability. Calls for more government stimulus for the industry.

http://www.heraldsun.com.au/news/buildi ... 6031726888