Revolut now offering easy access to ETFs including Vanguard - pitfalls?

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MelF

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Looks like an easy way into ETFs but no info as to how the 7yr deemed disposal works - do investors normally need to handle/declare this themselves on Form 11?
Want to put 10k or so in, though Revolut seems to change T&Cs a lot which gives me room for pause.
Any thoughts?
 
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.
 
Babhdan said:
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.
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Pension locked into all these rules though, would like the option to cash out when/if I need to.
 
MelF said:
Pension locked into all these rules though, would like the option to cash out when/if I need to.
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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
 
Babhdan said:
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
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Some conglomerate stocks could well be more diversified and hence less risky/volatile then some ETFs.
 
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.
 
MelF said:
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.
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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.
 
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The details around who actually holds the shares is not very transparent. It seems the investments go into Revolut's own investment account with a note made that they're for you but unlike a lot of brokers it doesn't seem anything is held in your actual name so I would be keeping any amount invested low.
 
irishfinanceguy said:
I meant etfs
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It's still 8 and not 7 year deemed disposal for ETFs.
irishfinanceguy said:
Share options seems risky
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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.
 
ClubMan said:
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.
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Im aware its 8 years, I stated 7 as I wondered is that a way to get around the deemed disposal.

Im aware of the term share options, I mean shares as an option are deemed riskier in general than etfs by most (less diverse in general).

What are your share suggestions in terms of shares that are equally diverse to ETFs?
 
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