Hi there.
I am new here and love reading through the threads, especially the investment section.
I'm 31 and looking for the best way to invest 10k initially and 400 monthly after for the long term.10/20+ years.
I have been looking at the Ask paul investment club (Zurich fund) and I believe the fee is 1.25 + 0.5=1.5%. The exit tax and deemed disposal is putting me off tho.
Is direct investment in a diversified selection of individual companies better as its 33% CGT?. I know it takes more work, time, and knowledge, and probably risk as you're trying to beat the market.
I would prefer to invest in an etf (s&p500) but the monthly investmets will be a complete disaster when the 8 years are up.
Just looking for advice here and the pros and cons of both? And maybe any suggestions on how to best invest monthly. Preferably passive investment.
Is trading 212 ok if I was to go down the buying shares route?. I like the layout of the app and its easy to track everything.
Bit of background, 31 debt/mortgage free and prsa pension with Davy but I'm not paying much into it as most of my income I'd from rental so it's not tax efficient.
Any advice/recommendations/guidance would be greatly appreciated. Thanks.
I am new here and love reading through the threads, especially the investment section.
I'm 31 and looking for the best way to invest 10k initially and 400 monthly after for the long term.10/20+ years.
I have been looking at the Ask paul investment club (Zurich fund) and I believe the fee is 1.25 + 0.5=1.5%. The exit tax and deemed disposal is putting me off tho.
Is direct investment in a diversified selection of individual companies better as its 33% CGT?. I know it takes more work, time, and knowledge, and probably risk as you're trying to beat the market.
I would prefer to invest in an etf (s&p500) but the monthly investmets will be a complete disaster when the 8 years are up.
Just looking for advice here and the pros and cons of both? And maybe any suggestions on how to best invest monthly. Preferably passive investment.
Is trading 212 ok if I was to go down the buying shares route?. I like the layout of the app and its easy to track everything.
Bit of background, 31 debt/mortgage free and prsa pension with Davy but I'm not paying much into it as most of my income I'd from rental so it's not tax efficient.
Any advice/recommendations/guidance would be greatly appreciated. Thanks.