99Opportunities

Everything is awesome. Here for the stock chat.

[99Opportunities @99Proble]

@realhagetaka @LambDownUnder 😭 $2.5bn mkt cap.

[99Opportunities @99Proble]

@saulkavonic Minister for King? He does remind me of Lord Farquaad.

[99Opportunities @99Proble]

@1stlevelthinker Could have 4% off existing sell order. I remember drip feeding sells each a few % below the last just to hit the bid. Then some other fooker took all the volume.

[99Opportunities @99Proble]

I managed to get IBKR to trade the opening auction on the asx once. But be fooked if I can make it do it again. So frustrating.

[99Opportunities @99Proble]

@1stlevelthinker Each broker has diff limits. CommSec won’t let you enter a sell >4% below previous trade or predicted market open. Even if it’s the only bid on market. I’ve called those fookers on that one. Begged them to make the trade 😭 then yelled at them.

[99Opportunities @99Proble]

@1stlevelthinker You reckon the % move in open auction is a blocker? Could be. I swear I’ve seen my trades enter, but maybe that’s when price is falling not rising on open.

[99Opportunities @99Proble]

@toy59496 @geko1515 Defined benefit. If not, accumulation pension would be north of $3m. why would you save or invest anything?

[99Opportunities @99Proble]

Deal could be dead before it opens. $FEG.ax

[99Opportunities @99Proble]

Oh my. Who’s short $cba.ax?

[99Opportunities @99Proble]

“When I see a bubble forming I rush in” Soros.

But did he have a commsec account?

[99Opportunities @99Proble]

@toy59496 The giraffe told me it’s all good bro; Taxes up, taxes good, capital bad.

[99Opportunities @99Proble]

@tristanwaine My old accountant would manually enter each trade in to her tax software as a unique cgt holding. I swear it took her days. I ask her and her boss how I can help? Nothing can be done they say. Fees > $3k. Now do all returns myself.

[99Opportunities @99Proble]

“When I see a bubble forming I rush in” Soros.

But did he have a commsec account?

[99Opportunities @99Proble]

@_spacecoyote_ Tax office will audit these hard but there’s plenty of guidance and case law that defines trade vs investor.

[99Opportunities @99Proble]

@ironic_capital @tsport100 Can’t wait to see one cook off

[99Opportunities @99Proble]

@cjoye @matt_barrie 🤣 Section 51? just terms? I’ve seen this movie before.

[99Opportunities @99Proble]

How they gonna collect? $myx.ax

[99Opportunities @99Proble]

$TUA.ax 😢

[99Opportunities @99Proble]

Ok. That hurt a little. $TAU.ax

[99Opportunities @99Proble]

@8020invest @BotanicsEcs Thanks.

[99Opportunities @99Proble]

A couple of times where tax quirks have softened life’s blows.

Being a widower with 2 kids under 2.
Starting a new business and earning nothing for a year, selling assets for $70k split between new wife and I to support a family of 6.

Taxes up on both.

[christopher joye @cjoye]

The Albanese government has blindsided the financial sector with a surprise “death tax” on wills and estates, triggering urgent calls for clarification from wealth advisers.

Under new budget measures, family trusts are set to be hit with a minimum 30 per cent tax rate. The new rule will also apply to the most common form of estate planning trust: the Testamentary Discretionary Trust.

https://t.co/WqsYvIaVUQ