Further to the above post including the DRIPs I have bought c.20 seperate parcels of EBO shares. Stating the performance of just the large initial purchase from April 2007 which is currently still held the annualised (compound) return is 12.24%. I'm not going to do the calc for all the other parcels bought since 2007 but the info suggests that annualised returns must have been higher for the more recently purchased parcels. BTW thanks for your input PT. I'll just keep doing what I've been doing re accounting for dividends when calculating performance returns for my use. An accountant does my investment company tax returns.
You use a company for your investments?
I am enquiring because I have a tax loss company and I wonder if I should do the same.
You use a company for your investments?
I am enquiring because I have a tax loss company and I wonder if I should do the same.
h2so4 I don't know if it would be the right thing for you or not. At the time I had my investment company incorporated I was paying a fair bit of tax at the top rate and thus the lower company tax rate was attractive. At that time both Trust and Company structures were looked at. Both my accountant and I decided that the company structure was the better vehicle for my investing activivities and some incidental contracting income I generate.
Todays tell you nothing you don't already know Investor Presentation appears to be helping EBOS on it's way to be
the first $100 share on the NZX*.
Best Wishes
Paper Tiger
*But probably not in my lifetime.
I take it Craig's investor day is being held somewhere in NZ,as MEL and POT are also presenting.
I expect the real fun will start when Ebos starts presenting to Aussie Fund managers, for the reasons Macduffy pointed out.
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