{"id":17193,"date":"2021-08-10T14:05:23","date_gmt":"2021-08-10T04:05:23","guid":{"rendered":"https:\/\/adviceco.com.au\/?p=17193"},"modified":"2023-05-08T11:10:26","modified_gmt":"2023-05-08T01:10:26","slug":"best-and-worst-stocks-of-fy21","status":"publish","type":"post","link":"https:\/\/adviceco.com.au\/best-and-worst-stocks-of-fy21\/","title":{"rendered":"Best and worst stocks of FY21"},"content":{"rendered":"\n
The last Financial Year was the best since 1987 for Australian shares. A common trend of savvy investors is to sell off winning stocks as soon as the new Financial Year ticks over. This saves them paying tax a year earlier than if it is sold the next fiscal year. Equally, savvy investors bought up poor performing stocks that are likely to bounce back.<\/p>\n\n\n\n
Interestingly, the best performing stock on FY21 was a gold mining company (Chalice Mining) and the fourth worst performing stock was a gold mining company \u2013 Regis Resources.<\/p>\n\n\n\n