At what point does paying flat fees for investing become worth it?

[Ent319]

Ireland doesn't exactly have a stellar investing environment. No ISAs, deemed disposal every eight years, high management charges etc ...

However, from what I understand, a range of new investment options becomes available once you're willing to pony up money for an accountant and/or financial advisor to get your form 11 filed and get access to products not really marketed towards ordinary consumers.

For example, without paying flat fees for an accountant / advisor, it's fairly easy for anyone to stick their money into the following things:

- Pensions
- Early Mortgage Repayment
- Life Company Investment Wrappers

Once you're willing to pay flat fees for accountants and/or professionals, the following options become available to pursue:

- Investing directly in ETFs through trading platforms e.g. Degiro (Typically with much lower AMCs)
- Investment Trusts
- Investing in funds that aren't subject to deemed disposal

What's the tipping point? How much cash do you need to be investing before it becomes worth it?

 

[Ent319]

Assuming you don’t want to become a landlord, of course.

 

[Itchy]

Once you're willing to pay flat fees for accountants and/or professionals, the following options become available to pursue:

- Investing directly in ETFs through trading platforms e.g. Degiro (Typically with much lower AMCs)
- Investment Trusts
- Investing in funds that aren't subject to deemed disposal

This is just investing. Many fee structures are available none of which require accountants or “professionals”.
Do you want info on what options are available through a “private clients” arrangement? Otherwise it’s just personal circumstances before it becomes “worth it”.

 

[Ent319]

This is just investing. Many fee structures are available none of which require accountants or “professionals”.
Do you want info on what options are available through a “private clients” arrangement? Otherwise it’s just personal circumstances before it becomes “worth it”.

From what I've gathered investing in any product where deemed disposal applies (apart from life products, which handle the tax for you) makes accounting very tricky, or at least risky enough that the average punter would want to think twice before doing so (https://www.irishtimes.com/business...an-etf-until-you-understand-the-tax-1.3421331). Each purchase creates a chargeable event to account for eight years after you purchase it.