July has finally come . After great market rise from last year lows , combined with 12 months tax discount ( tax payable on 50 % ) the time to harvest profits has arrived for me , and I’m sure quite a few others . This weekend will be dedicated to any and all so called “overpriced” stocks, and they will be trimmed to less than 5% of either PF. The fact that tax on these is only payable after July 2022 is purely coincidental
Hey farming, what are you trimming? Also thoughts on ATEC with APT maybe being removed?
hey Eel, probably diff question now in August re trimming? I’ve only got ATEC now, no XRO or APT or ZIP direct shares
Eel, I am still keen on ATEC but will cut it should it dip below $ 22.36 . On APT it will only happen next years and while its almost 100% , it is not 100% that will happen . ATEC has many other great holdings so I am going to let it ride up with the 200 day line , if it carries on -it stays , if it dips below I will sell . I still did not re enter MFG , waiting for it to go above the line , cash is ready but I am not until it moves higher , as it may not move for long time or never , no one knows. Same with APX and NXT , I will only re enter once both confirm crossing the 200 line . All other stocks ( usual suspects are still there ) here.
farming whats your 200 line for MFG? I ake it $50.9 which akes current price already below ?
100% right Lucky , close above $51 and buy on the open next morning is my plan .
my problem is I hold a premier league portion in my SMSF at a average buy cost of $52.6 so currently 6% down so might let it be