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Since chatting with FP in another forum, I've changed my strategy. I've been investing in LPTs and shares whose value is close to NTA, where their revenue is related to the property they hold. I have a few other rules, such as they must have an OK div % return and consistent growth. I have a few exceptions to this, where I think there are exceptionally strong companies (monopolies) and I also trade (rather than invest) in companies that fluctuate due to economic or company specific winds.
I'm currently working towards making my portfolio look like this:
Invest in LPTs, VHP, SUM, POT, AIA, with a preference for the non LPTs
Small holding in IFT, TME, SPK, ANZ, SCL, SEK, MMH, SPN, RBD, ANZ and WBC
I also have a $10k fund for "fun", profits from which get invested.
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Member
An interesting article.
Australian shares
Down 2.2 per cent in 10 years
House prices
Up 92 per cent in Sydney and Melbourne
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Member
forgot to post the link from the herald
http://www.nzherald.co.nz/business/n...ectid=11589538
Christopher Niesche: Lost decade as Oz shares go sideways
Statistics show market failing to produce solid and consistent returns for investors as property prices soar.
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Member
That would be clouded by mining stocks one would imagine.
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Junior Member
Looks about right if you use Barramundi as a gauge
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Member
and no wonder everyone invests in property in NZ.
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Does share trading have an impact on investment property I own ? ie if I trade shares, does that taint my investment rental sale in the future at taxable too ?
Is there a forum for tax questions ?
I will be discussing with my Tax accountant any way , but wanted to ask around ..........
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Originally Posted by Yoda
Does share trading have an impact on investment property I own ? ie if I trade shares, does that taint my investment rental sale in the future at taxable too ?
Is there a forum for tax questions ?
I will be discussing with my Tax accountant any way , but wanted to ask around ..........
I doubt it. It is your intent when purchasing the property that determines the status of any profit outside of the initial 2 years where the bright line test applies.
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Originally Posted by Yoda
Does share trading have an impact on investment property I own ? ie if I trade shares, does that taint my investment rental sale in the future at taxable too ?
Is there a forum for tax questions ?
I will be discussing with my Tax accountant any way , but wanted to ask around ..........
Propertytalk site has a forum for Finance / Legal / Tax. it would be a good place to ask your question.
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Originally Posted by Yoda
Does share trading have an impact on investment property I own ? ie if I trade shares, does that taint my investment rental sale in the future at taxable too ?
No it doesn't.
Rules for property are stricter and more tainting applies but that only effects other property, not other investments. Share trading does not taint other investments per se but in theory, they could use as evidence of your mindset.
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