I am 80 years old. I live in Melbourne with my wife, in an expensive part of real estate. I am contemplating to sell, If I do sell what would be the best way to then organise my life. I an an age pensioner could this affect my pension. Should I buy shares, or invest in superannuation, what would be the besr outcome.

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Great rules - one and four.

But what are rules two, three, five etc...

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Hi Harry

Thank you for your question. While our team can't answer it here in the comments section, we will pass it on to Paul Clitheroe for his consideration for a future Ask Paul.

- Money team

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Really need help, I've been trying to sell some UK share holdings as a first time trader and am finding it ridiculously difficult! Who can I trust to sell them as a one off trade, that are based in Australia and will deal with the relevant international processes for me? #atmywittsend

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Non residents for tax purposes don't need to declare fully franked dividends in Australia. Tax implications would be based on how Japan taxes their tax residents' foreign sourced income.

https://www.ato.gov.au/Forms/You-and-your-shares-2021/?page=13

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Hi Rachael,

Thanks for your comment.

Unfortunately, Paul cannot respond to comments, but we will pass your question along to him for his consideration for a future issue of Money magazine.

- Money team

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