Capital Gains

The Basic Foundation of Financial Independence


What you do first before you trade.

A lot of traders talk about strategies and pitfalls of trading, but all of that isn't possible when you miss a key component. Budgeting is the very core of all financing ventures. Saving up two grand will let you trade, but it won't earn you money in the long run when you don't know how to organise and maintain your cash flow. More importantly, even before you save up, you must have budget plan in hand so that you won't go flat broke when you jump into share trading.

Australian Tax: Capital Gains and Losses?


Learn about tax on capital gains and losses.

When share trading, you earn capital gains (positive) or losses (negative) when you sells shares that you hold on to for capital growth. Holding shares for more than 12 months may entitle you to a capital gains tax (CGT) discount.

Australian capital gains tax applies to profits made on the sale of a capital asset that was acquired after 20 September 1985. Legislation defines capital gains as "any kind of property" or a "legal/equitable right that is not property."

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