I feel MET SOA already factored into the price
Sold some today to buy a big shed
Having see what Covid did to the SP when I was over-invested in OCA I wonder what will happen next in this unstable World .
Printable View
Now that you’re a trader, if you weren’t before, make sure you provision for tax on your capital gains.
Looking through the lens of a long term investor who has no time horizon to sell the assets, COVID was a blessing offering up an opportunity to accumulate a lot more shares at much lower prices - bringing down the average holding price of a much larger holding.
Gltah
having been through a few crisis i feel its bit soon to sell this one when you have 2 FA reports to come and we are in the midst if the current crisis..
wont return to europe until 2022. there is a forecast from one economic metrics outfit for a recession 2021 in NZ.
The recession may effect certain demographics more than others.
Interpretation, IRD doesn't care what your motivation is that changed your mind.
I do respect and enjoy your charts and patterns analysis, no dispute, though typically for my charts the minimum timeframe is weekly, or monthly. But I have no intention to sell this one, so am only interested in accumulating when the market decides to give me a deal.
A mute point .
I buy with the intention of holding long-term but circumstances change and my mind changes.
Therefore my accountant says I am not a trader.
I only sold about 5% of my holding and I am a long-term holder .
I might be wrong in my assumption .
I keep a record of my intentions
OTY to do what you want to, a 'moot' point perhaps. From my time with the IRD, I prefer now to having nothing to do with them, I always use a big five accountant to front my interactions with IRD and provision for any possible downside eventuality. You sign a terms of engagement with your accountant that waives their culpability, regardless of what they advise you. Hopefully their advice is the best you can afford to buy. Your view of your intentions and actions do not necessarily reconcile with the IRD's view. Moreover, you broadcast your circumstance on a public forum, and despite your pseudonym, your identify is discoverable. Might be small beans but a lot of people here post with perhaps some false sense of impunity.
All the best.