2min chapter

Dev Raga Personal Finance cover image

253 locum work, transferring property to family, my portfolio has lost money, salary packaging + more

Dev Raga Personal Finance

CHAPTER

Is Negative Gearing a Good ETF?

The term negative gearing is predominantly used in the property spheres, but it's actually nowhere to be found in the tax legislation. What you've described if selling the asset as a loss is called a capital loss. You can't claim a capital loss against your general income, but if you make a capital gain, barring some discounts which can be applicable, you will need to add that to the overall accessible income. To answer your question, you need to work out what your portfolio is. If your portfolio is good, hang on to it. If your portfolios is bad, then, yeah, get out of it. Overall, sticking to a broad market ETF or index fund, I think that's

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode