In around September I started buying ETFs monthly on Trading 212 after reading the Simple Path to Wealth. I was aware of the tax nightmare but thought I would just deal with it or maybe keep records and pay an accountant to do it in 8 years. However the more I think about it the more I realise I do not want to have to deal with the headache of deemed disposal.
What are my options for regular, monthly investments? I've spoken to AIB about the options they offer with Irish Life but they aren't really what I'm looking for (even their MAP6 fund is not risky enough for me currently). The one advantage of investing with someone like AIB is they take care of the tax so it is nice and simple that way.
I have looked at government bonds but they don't really allow for monthly investments and taking advantage of compound growth.
Ideally I would like to find a company that would allow me to choose to invest my money in something like VWRL while still taking care of the tax for me. I wouldn't mind paying a fee for this given that we don't have much choice in this country.
Does anyone have any suggestions? I have now got around €2000 to invest and would be making monthly contributions on top of this.
Note: I am already maxing out my tax-free pension contributions.
What are my options for regular, monthly investments? I've spoken to AIB about the options they offer with Irish Life but they aren't really what I'm looking for (even their MAP6 fund is not risky enough for me currently). The one advantage of investing with someone like AIB is they take care of the tax so it is nice and simple that way.
I have looked at government bonds but they don't really allow for monthly investments and taking advantage of compound growth.
Ideally I would like to find a company that would allow me to choose to invest my money in something like VWRL while still taking care of the tax for me. I wouldn't mind paying a fee for this given that we don't have much choice in this country.
Does anyone have any suggestions? I have now got around €2000 to invest and would be making monthly contributions on top of this.
Note: I am already maxing out my tax-free pension contributions.