An $1080 share investment I made in 1993 is now worth $204,000. Should I sell?
An $1080 share investment I made in 1993 is now worth $204,000. Should I sell?
September 4, 2026 — 11:17am
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I have about 1300 Commbank shares. l started off with 200 in 1993 and have just kept going with the dividend reinvestment plan. With the tax changes coming in July 2027, should l be selling them before that date? I am 65, my wife is 66,and we plan to retire at about that time. We have no debt and a reasonable sum in each of our super funds.
The most important ingredient to investment and wealth creation success is patience, something most of us struggle with. So firstly, a big “well done” for sitting on these shares for more than 30 years. That $1080 investment you made back in 1993 is now worth $204,000, a fantastic outcome, and a great illustration of the wisdom of investing into productive businesses via shares.
There are several reasons why you might choose to sell these shares – to boost your super on retirement, to help a........
