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RE: [sharechat] 33% tax free over 9 months - Blue Chip

From:	"Gordon King" <gordon.k@xtra.co.nz>
Date:	Thu, 31 Jan 2002 14:29:23 +1300

Title: Message

Hmmmm...the problem is of course converting groceries (which I assume the vouchers must be redeemed for) back to cash.

I wonder which supermarket item has the most active secondary market and is least discounted to its orginal sale price. Wouldn't be a perishable. Liquor or tobacco have an active secondary market (local pub) but trade at a major discount (and you could end up in the clink for a while)..

Must be something.

Gordon

-----Original Message-----
From: sharechat-owner@sharechat.co.nz [mailto:sharechat-owner@sharechat.co.nz] On Behalf Of John Ascroft
Sent: Wednesday, 16 January 2002 10:43 a.m.
To: sharechat@sharechat.co.nz
Subject: [sharechat] 33% tax free over 9 months - Blue Chip

With all the talk of high returns, there is an investment currently available which is hard to beat.

I am not sure if it is available in the North Island, but certainly here in the South Island, New

World supermarkets will sell you a 5$ Christmas Club voucher for $3.75 (with coupon). These

can then be redeemed for $5 after 1 Nov.

The only risk is NW going broke in the meantime, or you lose the vouchers before you can use them.

References

[sharechat] 33% tax free over 9 months - Blue Chip John Ascroft

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