If i had $40k and I bought 500 shares at $40 on 28th june and you account balance would look like this Cash $20,000. share value $ 20,000. total $40,ooo.
come 1st july the share value was at $39. the account value would look like this. cash $20,000. share value $19,500.
say 2 weeks later you sold your shares at $43.
at what point would you start your financial year? from what date would you make your profit?
Hi Catherine, Over a 1 - 5 year period what in your opinion is the best profit margin? $10,00 invested in shares or $10,000 invested in a term deposit? And are there any other other options for short term investment and if so what are they? Angela
HI Steven, I am not sure what country you are in but in Australia the crucial date if the sale date. The sale, at a profit of $3 per (43-40) will be taxed in the year you sell the shares. Revaluations at the end of the financial year have no tax effect.
Hi Angela, typically shares will perform far better than term deposits. Return/profit is always related to risk. The higher the risk the higher the return. Shares are higher risk and therefore higher return. Term deposits are actually the lowest long term return as the risk is minimal. I have a fantastic opportunity I have only just discovered. 25% to 35% return on Australian Property (Bricks and Mortar) and with very, very little risk. Email me on catherine@wfscanberra.com.au if you want to know more.
Hi Cathrine,
ReplyDeleteI have a question.
If i had $40k and I bought 500 shares at $40 on 28th june and you account balance would look like this
Cash $20,000.
share value $ 20,000.
total $40,ooo.
come 1st july the share value was at $39.
the account value would look like this.
cash $20,000.
share value $19,500.
say 2 weeks later you sold your shares at $43.
at what point would you start your financial year? from what date would you make your profit?
Regards Steven
Hi Catherine,
ReplyDeleteOver a 1 - 5 year period what in your opinion is the best profit margin? $10,00 invested in shares or $10,000 invested in a term deposit?
And are there any other other options for short term investment and if so what are they?
Angela
HI Steven, I am not sure what country you are in but in Australia the crucial date if the sale date. The sale, at a profit of $3 per (43-40) will be taxed in the year you sell the shares. Revaluations at the end of the financial year have no tax effect.
ReplyDeleteHi Angela, typically shares will perform far better than term deposits. Return/profit is always related to risk. The higher the risk the higher the return. Shares are higher risk and therefore higher return. Term deposits are actually the lowest long term return as the risk is minimal. I have a fantastic opportunity I have only just discovered. 25% to 35% return on Australian Property (Bricks and Mortar) and with very, very little risk. Email me on catherine@wfscanberra.com.au if you want to know more.
ReplyDelete