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Great video here man. I made the change from sharesight to Navexa a few months ago and haven't looked back. Such a great platform.

I will be forever grateful to you Mrs.Susie Richardson. You have changed my entire life and I will continue to let the world know your name. You saved me from a huge financial debt with the little I had. Thank you Mrs.Susie Richardson.

Very helpful - thanks. How is the broker fee included in this? Like a fee of $14.95 for a parcel of 64 shares. Do you divide the $14.95 by 64, and add that on as the starting point for each share? Also what about stock splits? Many thanks for your info

What happens if you invest in ETFs inside a super fund? For example, hostplus allows you to invest directly in a range of approved ETFs. The idea is you don't access the funds until retirement and reinvest the dividends/distributions as you go. How does this work from a tax perspective?

Am I correct in assuming this is only for ETFs in Australia? I have both Vanguard Aussie ETFs and Vanguard US ETFs

You get your AMIT report once a year and it has the cost base adjustment numbers there. If you've bought twice during the year, doesn't the end of year AMIT cost base adjustment apply to all the holdings you have at that time?

Yout funny 😂

Looking at starting my investing journey into ETF’s this week, only going to have 2 ETF’s and buy in weekly over a 30 year period, can I just pass this AMIT report that vanguard will send me to my tax agent at the end of the year and they will sort it out ?, I like basic and I will just keep the record of it every year.

Let me give this a try before I lock it in

You know it’s gonna be good when the whiteboard is whipped out

Your latest scenario is valid if you are certain that the value of shares and your personal income will go up in the next financial year. What about if your shares value goes down and you encounter a capital loss. At no circumstances, I do not see using maximise gain unless you are a fund manager wanted to promote your fund and subsequently your fees

wtf is an AMIT statement 😬

A fantastic explanation mate! Well Done! I have no plans of selling anything soon, but will definitely keep this in mate mate!

Great explanation of when a person may choose the max gain strategy. Thanks!

Watching in my 40s... And only just starting I feel so behind!

In relation to ETFs...I cant stress how easy Navexa makes it for you to enter your AMIT Statement into your "income" section. And yes it makes a huge difference to your taxable income. If you do not enter your Amit statements the whole figures you see in your income report will be taxed as dividend income, BUT the Amit statement sorts out how much of that ETF income is dividends and how much of it is Capital gains/losses (yes capital gains/losses...you may have not sold any of your ETF but the fund in itself may have bought and sold)...and navexa moves the dollar amounts into the correct sections for you to report in your tax return. Which means it will move dollar amounts from your income section to your Capital gains or losses section. Plus also allowing for franking, amit excess and amit shortfalls. Once you do it once, you will never need a tax accountant again lol

SMSF = so many super facts

Looking forward to using the power of Navexa for my family's tax returns this year. Was previously using the tax module in another product (Stockdoctor), but I am finding Naxexa to be far superior for performance tracking and tax management. Thanks Navarre.

it's like you read my mind with these vids. mega useful!

This is a great video, but ive got a couple of questions about it: 1. In 2024, we need to do these calculations manually? Shouldn't this be all automatic? 2. Does this matter at all until you sell ETFs? If you ate just buying them, does it matter? Does it affect dividends?

Thanks Navarre, had been wondering how to use the custom groupings functionality. This explains it well.

Excellent Video Naverre! Thanks for this mate.

Had no idea you could do this w Navexa. Thank you!

Thank you for a very informative video

Awesome, didn't know about that. I wonder if I can do something similar with my super. Sometimes I want to it grouped with other investments to see grand total. Can you have 3 portfolios and get a group total? ASX holdings, Crypto, Super, Property? I would also like to request a promo :D so I can sign up -_-

Thank you!

how does that work when an ETF makes 2 or more distributions each year? how is the cost base ajustment distributed between distributions? especially if bought/sold units in between?

Getting employee shares got me interested, but they were quietly reinvesting themselves for ages before I started buying from a brokerage. I remember the first time I got like 25 bucks in the bank and I was like "Holy crap, these things pay you money?!" haha

I don't suppose you want to do your version of how you stack up against sharesight?

I used to try and track this via a spreadsheet. It was hard. Your app makes it so straightforward. Also love the earnings forecast feature in your app. Thanks for what you do 👏🏻

Only a dumb investor would file there own tax return. To avoid situations like this go to an accountant to do your taxes.

Thanks Navarre. I have found Navexa to be an invaluable tool for portfolio management and use it daily as part of my stock trading workflow.

Another bangwr

when I did my taxes this year I got sales of few stocks with more than 12 months but there where no any questions in Tax report about that so I had to pay CGT on entire profit. Not sure how to claim that 50%.

Excellent video Navarre! You've made me think :-) I had a "basic" idea of how my portfolio was performing. I'm loving your platform that gives me this info in an easy to read manner! Legend! :-)

Very helpful, will give you a like and follow 😊

I paid for sharesight. Is navexa better?

Is franking credit calculated as fully franked amount times personal marginal tax rate?

I came here looking to love it, and mate, I LOVED IT. Deep insights. Great hoodie!

For dollar cost averaging can you just (legally) use an average? Even if it’s not the most efficient tax strategy?

i did not know you could change

How are CGT gains and losses affected when ATO laws change you back and forth between trader or invester?

Great video! Thank you! I'm new to ETF investing after many, many years of single stock trading. I must admin, tax time this year was somewhat disappointing and confusing for me dealing with distributions instead of dividends which has turned me off ETFs to a degree. As a result, I did in fact improve and stream line my record keeping overall. I have a collection of online calculators I use to calculate average cost, track capital growth and dividend yield etc. I actually enjoy spending part of my weekends working this out as trading has been a long time hobby for me but I'd imagine this is not the usual. Thanks again for this video, I look forward to exploring more of your content :)

lifesaver brother.

Great video! Thxs. So just checking that I have this right ..in Navexa you can select an individual share to calc the CGT?

So helpful Navarre, another great video

Great video, thanks Navarre.

Great program saves heaps of time

great explanations. Thank you

Like the Navexa program platform but had issues understanding how to fix errors identified using manual adjustment.