▲ 11 r/RaizAU
I know everyone is flipping out over the CGT changes but…
(I’m a bit of a dummy about this stuff to be honest, I pretty much view the system as a secondary high interest account, any corrections if I’m off base would be appreciated)
If you’re not looking to sell for the next 20-30 years, is it not reasonable to continue investing, under the assumption that at some point the there will probably be another adjustment to CGT/how shares are taxed?
And in saying that, you’ll only be taxed on the actual realised profits, you still stand to access a large portion of capital, no? Especially once you’re older and not working as much/at all?
u/cerealkyra — 7 days ago