Trading 212

[Deleted member 325366]

Unless you can shield your investments in an ISA, you run the risk of making your tax return quite complicated with a bit of frequent trading.

How would I shield it with an isa ?

Edit. Do you man buy and sell using my isa

 

[motorbiking]

How would I shield it with an isa ?

Edit. Do you man buy and sell using my isa

If your stock account is ISA’d your gains are tax free

 

[Deleted member 325366]

If your stock account is ISA’d your gains are tax free

Got ya! Thank you. I put a regular amount in at the moment. I need to get some financial advise so I can capitalise on my investments.

 

[motorbiking]

Got ya! Thank you. I put a regular amount in at the moment. I need to get some financial advise so I can capitalise on my investments.

Yeah well that’s the $1m question.

They will probably suggest a managed fund.

If you invest in an investment the capital growth is returned as an increase in the fund value, so you can sit on your profits.

For me I don’t want to capitalise until I stop working and pay a lower amount of CGT.

 

[motorbiking]

I have Trading 212 and find it very good.
Easy interface, graphs and good rates.
I had savings in oxbury with 6% to start with
Within a few months they dropped the rate below 4% and they grassed me to HMRC.
So I was charged tax on the interests.
Moved away from them also because their interface is poor and logging in half a mission.

I was delighted to receive a GiftAid audit letter from HMRC. Anyone who does a tax return is being targeted for a shake down by this government.

 

[Deleted member 325366]

Yeah well that’s the $1m question.

They will probably suggest a managed fund.

If you invest in an investment the capital growth is returned as an increase in the fund value, so you can sit on your profits.

For me I don’t want to capitalise until I stop working and pay a lower amount of CGT.

I’ve got a stocks and shares isa with H&L. It ticks over nicely. I have a few RR shares in it (just checked) but H&L did that for me.

I don’t really want to sell the shares I buy. I might just look at buying apple and similar

 

[motorbiking]

Have a look at QQQ then.

Covers a broad spread of tech stocks.

Buying small quantities of single stocks is not optimal

 

[Deleted member 325366]

Have a look at QQQ then.

Covers a broad spread of tech stocks.

Buying small quantities of single stocks is not optimal

Cheers! I’ll have a look over the weekend.

 

[Notch7]

wait for a more open minded government

you mean a govt that slashes taxes for the rich whilst making the majority of ordinary citizens poorer


that is not an open minded govt, thats a closed minded govt, one which cares only for its wealthy backers and mates

 

[Munroast]

Sorry for my ignorance,but what are AI stocks?

investing in that dangerous road that runs through northumberland and over the border - a very dangerous road, some people loose everything

 

[motorbiking]

you mean a govt that slashes taxes for the rich whilst making the majority of ordinary citizens poorer


that is not an open minded govt, thats a closed minded govt, one which cares only for its wealthy backers and mates

Which group of earners had massive hikes to Capital gains tax - hint it wasn't the rich.

 

[fillyboy]

Regarding NVDA. You may have missed the window.

Just read that Michael Burry has taken out a 1 billion dollar bet against Nvidia and Palantir.

 

[Deleted member 325366]

Just read that Michael Burry has taken out a 1 billion dollar bet against Nvidia and Palantir.

That’s a bit of a worry!

 

[fillyboy]

He's been wrong in the past but that's a big bet, and people will follow him.

 

[Notch7]

Which group of earners had massive hikes to Capital gains tax - hint it wasn't the rich.

the poor dont pay capital gains tax...........because the poor dont have assets