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Dealing with part payments

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Posted by Gary Wilson on June 30, 2006 at 19:01:16:

This issue has been raised a couple of times in the past & I wonder if any progress has been made.

I have a share where I paid a certain amount on acquisition with balance to be paid in 10 years. (This 10 years due date has almost arrived.) I have seen your suggestion about the "deemed" loan approach. I thought I might just create a negative dividend which would reflect cash flow accurately but Fund Manager does no accept this approach.

I could also "sell" my security & re-purchase under new circumstances but this would create a distortion in returns. I need to get this sorted out as this is a large investment in my portfolio.

Any thoughts would be really appreciated.

Kind regards,

Gary Wilson



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