Navarre Trousselot
speaker
492 appearances
1 recordings
1 series
first heard Jun 2026
last heard 10 Jun
Navarre Trousselot’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.
Appearances
In the first year, you have 12 parcels and you get your member statement that year and your cost base has been adjusted up by $5.
You are supposed to adjust for each one of those 12 parcels
proportionately adjust the cost base upwards.
Now second year rolls around.
We overall own 24 parcels now.
You get your member statement that year.
That member statement updates all 24 parcels, not just the 12 in the financial year.
And this is the part
If you've even heard of cost-based adjustments, this is the part people get wrong because they think it just does the values for that year.
So if we go through to, say, year five and you have your member statement, that now affects all 60 parcels
proportionately so the first year's worth of parcels have now been adjusted five times and that cascades every single year member statement retroactively updates them all now
Most people haven't been doing this at all.
So they're 10 years in.
I met a guy on the train recently.
Sorry for calling you out, but this is a great story.
And he was exactly that scenario.
Been dollar cost averaging 10 years.
He had over 100 and something parcels, he told me, and he had never heard of cost-based adjustments.
So that means now when he goes to sell some of those or all of them, he's going to have to dig up 10 years worth of these statements, apply them all in order because the order matters as well, just so that he can report his capital gain for that sell.
Now that sounds like a pain in the ass and it is.
Showing 121–140 of 492 · page 7 of 25
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