I've had a brilliant idea.  Remember that Rod reckoned you could
negative gear shares, even if the shares were the sort that didn't
return dividends?

Well imagine this:

1. Wage of $50k
2. Borrow $500k at 10% interest rates.
3. Pay $50k interest
4. Have income of 0.
5. Make capital gain of $250k on the $500k
6. Divide $250k by 5, as per CGT rules
7. Bingo, you make $250k per year, on the same tax rate as you
had when you had an income of $50k.

Scale down as appropriate...

I am thinking I should move all my money into mining stocks.  Does
anyone know for sure whether a random selection of mining stocks
has historically produced better average returns than a random
selection of blue chip stocks?  I would be tempted to say that it
does almost by definition, otherwise everyone would be in the blue
chips instead.  Alternatively, I could just be a sucker.

BFN.  Paul.
@EOT:

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