carefully our disclaimer before using this message board !You are viewing a page out of the ShareExpress2000 web site
(c) Click2.com Pty Ltd Australia
| Post Reply | Read Follow Ups |
Main Index | Download ShareExpress Portfolio Manager |
Message subject : Re: Effects of the GST on the share Market
This message was posted by priya on June 18, 2000 :
In Reply to: Effects of the GST on the share Market posted by warren on May 06, 2000 :
: I have a small number of shares I want to sell but I'm not in a hurry. Would
: I be better off waiting until after the GST, assuming the share price
: doesn't move around that much?
IF I WERE YOU I WOULD SELL THEM AT THE HIGHEST PRICE I COULD GET BEFORE THE GST, FOR A COUPLE OF WEEKS BUSINESS CONFIDENCE WILL BE RELATIVELY LOW AND SHARE PRICES WILL GO DOWN RELATIVELY, THAT IS MY OPINION. BUT IT ALL DEPENDS ON WHAT TYPE OF SHARES YOU HAVE. IF YOU HAVE SHARES IN SMALL TO MEDIUM SIZE BUSINESSES IT WOULD BE A GOOD IDEA TO SELL THEM. BUT IF YOU HAVE SHARES IN LARGE CORPORATIONS SUCH AS THE BANKING SECTOR THEY WILL NOT FEEL THE EFFECT THAT MUCH.
: Understand that changes to capital gains tax might make it worth my while to
: wait. I've searched the ATO web site but haven't been able to find a direct
: answer to the question.
Warning: at times comments aimed at manipulating other investors may appear on these
message boards. Posters may post overly optimistic or pessimistic comments on particular
stocks, in an attempt to influence other investors. While every effort is made by the moderators
to remove these, some may still appear on these boards. Unless specifically stated persons posting
on this site are NOT investment advisors and do NOT hold the necessary licence, or have any
formal training, to give investment advice.
Before acting on any of the information you read and making any financial or investment
decisions, you should always consult your advisor(s) or other relevant professional
Post a Followup