Midnight to 6am - Overnight Spot Watchers Spot...

Teh silvers said:
You are so smart yet can't answer my question. I see people asking 80%+ above spot in sales threads that seems like they don't "learn the game before they play" and end up as bag holders and don't understand basic economics.
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Never thought of myself as being smart, all I did was read information that everyone has access to.
I however, I did answer your question, you’re worried about paying more tax and gave you solutions that work legally.
I guess not everyone enjoys that sort of thing.
Hope you find the answer you’re looking for
 
Teh silvers said:
You are so smart yet can't answer my question. I see people asking 80%+ above spot in sales threads that seems like they don't "learn the game before they play" and end up as bag holders and don't understand basic economics.
Click to expand...

I’ll ask you a question, whats the basic economics that I don’t understand that you’re referring to?
Always happy to learn
 
betterinvestmentthanshare said:
Never thought of myself as being smart, all I did was read information that everyone has access to.
I however, I did answer your question, you’re worried about paying more tax and gave you solutions that work legally.
I guess not everyone enjoys that sort of thing.
Hope you find the answer you’re looking for
Click to expand...
betterinvestmentthanshare said:
I however, I did answer your question,
Click to expand...
You did not. I asked specifically about the proposed upcoming 50% to 25% CGT rule.

You answered by telling me ssomething that is unrelated to my question.
 
Teh silvers said:
You did not. I asked specifically about the proposed upcoming 50% to 25% CGT rule.

You answered by telling me ssomething that is unrelated to my question.
Click to expand...


I jumped to the conclusion that you were worried about it because you asked about it.
If the government lowers the cgt then that means you’d have to pay more tax, yes?
 
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Teh silvers said:
You are so smart yet can't answer my question. I see people asking 80%+ above spot in sales threads that seems like they don't "learn the game before they play" and end up as bag holders and don't understand basic economics.
Click to expand...

Left holding the bag can also mean
You are left with a tax liability
I’m guessing you haven’t heard that term used this way.
 
Australian house price manipulation...
Well I never...

AFAIK its all just talk at the moment, nothing certain...
Sentament gathering... ideas formulation.

To be honest its a market crash exercise.
Blunt, like a hammer.

Heres an option....
increasing deposit requirements for investor purchaces by CPI%.
And easing that in until the rate hits 50%.

That will tie the housing market to the inflation rate in a meaningfull way.
over the first few years, the investor capital locked into the actual market they are in becomes "less leveraged" where the CGT on future sales is from funds in the system, not appreciation speculation, and will be drasticly more impactfull as CPI and inflation increases.
i.e... inflation, causes higher commitment to maintain capital against assets.

IMO.
 
25% CGT doesn’t really affect the property investor building wealth, they never sell, each property is used as leverage for the next.
I’m guessing they are targeting boomers on their last legs. A little something extra on top of existing cgt and death tax.
And for mum and dad flippers
 
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