AFF Member Stock Discussion

[Freq Flier 2013]

stocks rose on the idea that inflation was fixed.

Classic herd example of buying the rumour.. whenever it comes the rush for the exits this time will be a doozy

If the exit ever comes ??

 

[MARTINE]

I remember many years ago The Age had a little weekly stock selection vignette.
$1000 given on Jan 1 to various analysts, a few ‘mum and dad’ investers and ‘the dartboard’ which displayed a range of stocks randomly selected by where it landed.
At the end of the year the analysts did not make the most $$ and ‘The Dartboard’ did reasonably well

 

[drron]

If the exit ever comes ??

 

[TheRealTMA]

Watch What The Hell Happened To Blood, Sweat & Tears? online – Prime Video

Political thriller revealing the untold story of the first American rock band to perform behind the Iron Curtain who upon their return find themselves trapped in the crosshairs of a polarized America with severe career repercussions.

www.primevideo.com

 

[Disco]

great track

 

[cove]

Have to re-invest the funds from our CBA sale is going to take a while. Today we picked up Whitehaven Coal and Tuas.
Whitehaven are likely to be free of debt within 3 months as they have sold an interest in a mine.
Tuas appear to be progressing well with their Singapore roll out.

 

[SYD]

Have to re-invest the funds from our CBA sale is going to take a while.

Keep some aside for the CGT.

 

[cove]

Had a tax audit two years ago thanks @SYD. We pay our taxes on time and the ATO get their share each year.
The ATO is a necessary evil to keep Australia running.

 

[SYD]

Had a tax audit two years ago thanks @SYD. We pay our taxes on time and the ATO get their share each year.
The ATO is a necessary evil to keep Australia running.

Yes, it was more to the point that if you’ve made a tidy gain that it has to be paid in due course.

My CBA cost base is circa $35 ea, so I don’t want or need the CGT headache at the moment, but I’m very happy with the >15% pa income and the average of 5% growth pa - most of which is pretty much locked in but certainly not planning to buy more any time soon!

 

[cove]

Turns out we have more CBA shares due to taking dividends in shares. Anyway it isn’t really a problem. Looked up Sharesight to see that. We used an advice broker for the Whitehaven idea.