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IFRS財務報表分析實務的運用二版 <-----購買請按購書贈好友一年活動
就價值型投資人來看，如果以股息的現金流入為主要的所得，當政府提高稅率，或者是將可扣抵稅額減半，就是這類型的投資者的稅後股息淨現金流入的減少。
那麼會發生甚麼問題呢？
本來合理的股價訂在現金股息殖利率5%，現在因為稅的問題，就往上調升到6%，亦即原來的合理股價100元以下就可以買進，現在合理股價就下修到83元，其他狀況不變，公司的獲利與股息政策一樣，股價人然會被價值投資者下調。
想要存股靠現金流量退休就難了。
一堆長期要抱股除息的，被迫棄息拋售。
以前持股的原則有二
1.必須有現金股息殖利率5%以上，目前修正為必須有現金股息殖利率5.5%-6%以上。
2.每檔股票持有不要超過10%-20%以上，可以分散風險。
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存股選美 (25)
This policy will hurt the long term investors. Meanwhile, this policy is only for retail investor, it's very UNFAIR. From Apr of this year, the index falls from the highest one , I think it has 棄息 & 棄權賣壓 issue. The target price should be lowered due to following concerns: 1). Taiwan domestic new tax policy, such as the 2nd Generation Nation Health Insurance tax & Tax rebate 2). Fed will hike the rate. 3). China factor, slow economy... this affects Taiwan stock market more than Greek debet. The Nets friend say " the recession will made in China" 4). The sales of Taiwan companies are flat and worse. Reading books and going outside to have fun to go through this difficult time. For me, investment is very 磨人 work, same as raising children. Ha !
推樓上!