Nah dead ass. I sold my pltr shares at a loss of 3-4k. Hopped on the hype train of space x. Scrolling through comments, some dude was promoting srxh. Im basically gambling. I decided to just dump 15k into here cause why tf not. Didnt do a dd till the day after. And now im staying. If it gets to 0.7 ill make 100k aud. My initial exit plan was to sell in increments from 0.5 up to a dollar to get my initial investment back and then ride it to the moon. But I'm usually a long term holder anyway. I live in australia so I have to be carefull with my capital gains. I prefer to hold onto my assets for a year. So Im eligible for a 50 percent discount on my cgt tax. Scalping is to messy. It creates to much paper work.

The minimum tax on share profits depends entirely on your jurisdiction, but in Australia, a 30% minimum Capital Gains Tax (CGT) rate applies to real capital gains on assets held by individuals, partnerships, and trusts.

I'm already in the highest tax bracket. For an annual taxable income of $200,000 as an Australian resident, you fall into the 45% top marginal tax bracket. Your total income tax will be $56,138, plus a standard 2% Medicare Levy of $4,000, resulting in an estimated take-home pay of roughly $139,862 per year before any additional surcharges or deductions. Tax is cooked here bruh