Can you expand on that a little please?For that size of investment you should definitely use a life wrapped contract.
Use a wrapper if you can but avoid most of the funds out there. Look for ones with low expense ratios, unlike most of the Irish Life ones.Hello,
I would like to move 15-20k of savings into an investment to get a better return over current deposit rate (1%). I am comfortable with the risk that it may fall in value. Medium to High Risk profile for this investment, (5/7 ESMA Risk Scale).
I am considering these options at present and would appreciate any advice or things I should consider;
A. Buying Irish Life Multi Asset Portfolios (which seem straightforward), split between MAPS 4 and 5
B. Buying Vanguard funds through DeGiro or other platform
C. Buying shares through DeGiro or other platform
(33% CGT rather than 41% Exit Tax of a fund, but will have less diverse basket of assets)
I have been thinking about investing part of savings over the last 2 years but never acted on it, so I would like to put something in place soon.
Thanks, Anthony
What's worse hard to figure out what tax applies as it doesn't come under the Deemed Disposal regime.
Do you mind me asking what tax is the 20%?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?