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Parents. Also will hit their income tax/CGT though.lI saw anz e trade but you have to be 18is there around this?
Yes but that's only for value investors who plan to hold for a decent period of time. I personally find it more enjoyable and safer to play day trade to limit maximum gain/loss (and lock them in) and reduce need for settlement. Only challenge is record keeping can be a pain with Computershare/LMS whereby even if you can enter your details electronically, they still try to send you crap in the mail.You said undervalued stock, I assume that means in the future it is expect to rise alot? Same with oversold stock?
whutI dont think my parents would like it under their name due to the fact that they pay nearly 100K in tax a year , plus my dad (who is fairly smart in this kind of stuff) reackons i should wait till near year when i turn 18 observing the market until i can legally have it under my name.
Probably what i will do.
Anyone has E trade? looks really good, especially since i am with anz, but i am also with commonwealth too
Back solve and you'll see. That's also why T+3 meant alot since to move that amount of funds between different banks/accounts hit daily transfer limits easily.$100 a trade I a lot, how much $$$ were you trading
hehe trading
if I ever trade, i'll be picking the companies with either the weirdest names, something no one has ever heard of, or the coolest looking graphs.
Let me know how quickly you lose your money!hehe trading
if I ever trade, i'll be picking the companies with either the weirdest names, something no one has ever heard of, or the coolest looking graphs.