Tax Effective Investment Option

Discussion in 'Shares & Funds' started by bfhoon, 21st Aug, 2019.

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  1. Big A

    Big A Well-Known Member

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    Well done @balwoges. Good to hear your achieving your desired goals.

    Now we just have to convince @Nodrog that he can also retire on a share portfolio. :p
     
  2. balwoges

    balwoges Well-Known Member

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    Dividends and franking credits only, my ASX Ltd shares went from $59 to $85 in the space of 18 months, however, took a loss on my Telstra shares and sold them, but still in front - it takes a while to finesse a portfolio as I am finding out ... :D

    What I did leave out in my original message - you still need a buffer as you do when investing only in property. My buffer is 3 years cash in bank and BTW I am not rich but can live comfortably on my income which is all I wanted.
     
    sharon, Nodrog and Greedo like this.
  3. Burgs

    Burgs Well-Known Member

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    19th Jan, 2019
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    Great result, sounds like you are becoming addicted to dividends like a lot of us on here have become :rolleyes:
     
    Brumbie, sharon, Snowball and 2 others like this.