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How to make $200 Million from a $45 investment
http://www.theaustralian.com.au/news/ar ... 5897897303 Wow, I gotta start checking out garage sales.
D80, 50mm F/1.8, 18-70mm DX, Sigma 10-20mm
Re: How to make $200 Million from a $45 investment
Saved me posting this. On a serious note, the Aust government is looking to ban self managed super funds from buying artwork. Imagine, however, if you bought such a piece within your fund and sold it for a capital gain of AUD222,999,950, tax free! You would be pretty happy with that, I would imagine. Regards, Patrick
Two or three lights, any lens on a light-tight box are sufficient for the realisation of the most convincing image. Man Ray 1935. Our mug is smug
Re: How to make $200 Million from a $45 investment
Didn't know about this rule. Sounds like a big loophole in general.
Re: How to make $200 Million from a $45 investment
Which loophole? Up until and including now, self managed funds can buy artwork, wine, exotic cars, anything. There are very specific rules as to the process of acquisition and use. So, no loophole. An investment is an investment - if you think it will do well, why not? Regards, Patrick
Two or three lights, any lens on a light-tight box are sufficient for the realisation of the most convincing image. Man Ray 1935. Our mug is smug
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