It works every 8 years.Looks like an easy way into ETFs but no info as to how the 7yr deemed disposal works
Pension locked into all these rules though, would like the option to cash out when/if I need to.As a rule, Id say you are better off into a passive fund in a PRSA self directed pension, but whether it is best depends on your personal circumstances.
That is a good reason. Another option might be to buy a few stocks that dont pay dividends (eg Berkshire Hathaway, Markel, Amazon) although riskiery then an ETFPension locked into all these rules though, would like the option to cash out when/if I need to.
Some conglomerate stocks could well be more diversified and hence less risky/volatile then some ETFs.That is a good reason. Another option might be to buy a few stocks that dont pay dividends (eg Berkshire Hathaway, Markel, Amazon) although riskiery then an ETF
Silly question but can you invest in it for 7 years and then sell before the 8 year deadline for deemed disposal?Some conglomerate stocks could well be more diversified and hence less risky/volatile then some ETFs.
Yes of course you can. And then pay tax on the ACTUAL disposal.Silly question but can you invest in it for 7 years and then sell before the 8 year deadline for deemed disposal?
What is the fee structure they offer? What do they charge for transfers? I think for cryptos, you not getting value from the big specialist firms over Revolut. You paying premium for the convenience. Revolut is trying to be the app of everything.Regardless of the taxation pros and cons, any quibbles with using Revolut to buy through? Or something like Degiro more reliable though you can only use euros I think so additional currency risk is a bit off putting.
There's no 8 (eight - not seven) year deemed disposal on shares.Silly question but can you invest in it for 7 years and then sell before the 8 year deadline for deemed disposal?
So either wayYes of course you can. And then pay tax on the ACTUAL disposal.
I meant etfsThere's no 8 (eight - not seven) year deemed disposal on shares.
It's still 8 and not 7 year deemed disposal for ETFs.I meant etfs
You seem to be confused about terminiology.Share options seems risky
Im aware its 8 years, I stated 7 as I wondered is that a way to get around the deemed disposal.It's still 8 and not 7 year deemed disposal for ETFs.
You seem to be confused about terminiology.
Share options are normally an incentive offered some employers to employees.
They have nothing to do with this thread.
I am taking about shares that you can buy via a broker.
ETF's are also stock market investments.
As I said, by choosing an appropriate share you could actually encounter less risk/volatility than an ETF.
But it depends on the ETFs and shares being compared.
Can we get examples, you say some?Some conglomerate stocks could well be more diversified and hence less risky/volatile then some ETFs.
@Babhdan already suggested a few. You need to do some research yourself.What are your share suggestions in terms of shares that are equally diverse to ETFs?
Thanks man lifesaver@Babhdan already suggested a few. You need to do some research yourself.
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