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Thank you to all for your reading suggestions & to Biggles for taking time to explain some points to me. Alexlee - I'm happy to study property. I never expected the answers to get handed to me on a plate. It was a bit of a hard slog at first getting my head around some of the terms used, but...

Yup! I know. Have read share books, but cannot make heads or tails of them...I get the candlestick graphs & all that, but the real ins & outs are too confusing...thus managed shares & no trading! Thanks anyway, I'll stick to property, which although complicated is exciting, & doesn't make...

Oh, cool. Thanks again alexlee. So if I needed a bit of a cash injection for more IP's, I could use the cash dividends & wouldn't really be any worse off tax wise in terms of income earned? Still getting my head around what you've said here: if tax rate is <30%, I get more of a refund than...

Thanks alexlee & morpheusbushy, So would I be paying slightly less tax then b/c the Co. has paid the franking? Yes, point taken, alexlee re declaring taxable income ;)

Yes mum! ;) No really, I'm very fastidious about declaring EVERYTHING! I just thought the tax paid on reinvestment (franking?) was better/lower thank if I took a payment every quarter?

Thanks morpheusbushy! But if I receive dividends as income, then I have to declare & get taxed more, yes? And as it's only a piddly few hundred, I thought reinvestment was the better option? I'm trying to get a bit more set aside to fet into some blue chips like WOW etc.

Oh....hmmm...the letter said something about the shares not taken up being placed back in a pool...so not sure if I have the right to sell, but it doesn't sound like it. Do you trade RH?

Thanks alexlee, I know it's only $530, so my initial thoughts were 'yeah, why not?' But it's still $530 & if I can put it to better used somewhere else, I'd rather not waste it here. (I'm a 'watch the pennies & the pounds look after themselves' kinda gal.) I like your candidness &...

Hi all, Just wanting to pick the brains of all the share aficiondos... Background: Purchased Tabcorp over 20 years ago when I was working there for approx $1.89/share. (Kicked myself for not selling at high of $17, but I'm in it for the long haul :rolleyes:). Don't feel confident in...