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Unless I need to, I don't like converting investments into cash due to capital gains tax (it's quite high here in Australia while earning at the highest tax bra

by shric 5y ago

Unless I need to, I don't like converting investments into cash due to capital gains tax (it's quite high here in Australia while earning at the highest tax bracket), so I keep about 6 months in cash

smabie 5y ago
You would rather miss out on the returns entirely than pay capital gains taxes on a percentage of the profits? How does this make any sense?
- shric 5y ago
  6 months of cash isn't enough for it to matter to me.