I have started restructuring our portfolio in response to the
new tax laws. The first step is to make contributions to our SMSF's Interactive Brokers account. I plan to use up all the
available contributions. The step after that will be to sell shares in the PMGOLD gold ETF at CommSec and then transfer some of that money back to our offset account to replace the contributions to the SMSF. We'll then buy a futures contract in the SMSF,
reduce our margin loan at CommSec, which has a very high interest rate, and also make some new investments. This first stage will only sell less than half of our gold.
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