Personally, I take the view that our tax code is such that it makes no sense to invest in equities outside a pension vehicle while carrying a mortgage.
Once your mortgage is paid off, another approach is to maintain a high allocation to equities in your pension fund and to use any surplus cash flow to buy (tax-free) State savings products.
Keep it simple.
Personally, I would look at investment trusts in that scenario.At some point it makes sense to invest outside pension in equities? and stop accumulating cash? If so, which vehicle?
Personally, I would look at investment trusts in that scenario.
You need to open a brokerage account (Davy, DeGiro, Interactive Investors, etc.- take your pick) and then buy the stock.
Simples!
Another option for your list is to spreadbet on indices. If you do it with no leverage/margin you won't pay any on-going interest/fees, entry and exit costs for the positions are extremely low. Spreadbetting is (currently) classed as gambling and not liable to tax.
You can "bet" on the S&P500 and hold that position open for 10 years, only incurring the cost of the spread when you open the position and when you finally close it. Again this is assuming you don't use margin, if you did then there would be fees for that borrowing and you would be taking on a very different level of risk.Presumably spreadbets are not very suitable for long term holders?
The original poster asked about long-term investing and used 10 years as their example timeframe so that number was in my mind, but you can hold your bet open 100 years if you want, it was just an arbitrary number.I wouldn't consider 10 years to be a long-term holding period.
Interesting point and I'm by no means a spreadbetting expert or advocating for it, I don't do it myself. It's just a method I am aware that people can and are using. My instinct though is that the broker you are betting with would not be allowing you take one side if they didn't have the other side filled in their platform by somebody else and if they do they will be ensuring that other party has sufficient funds in their account in the same way they won't let you take a bet without cover for it. But again, not an expert.Besides, you are taking a risk on your counterparty's ability and willingness to pay out on the bet - last time I checked gaming contracts were not legally enforceable.
Google WorldspreadsMy instinct
Lovely! Again though I'm in no way advocating for this, it's not something I've even tried, I'm just highlighting that people can and do do it.Google Worldspreads
Lehman Brothers made it 158 years.I'm a great believer in keeping things as simple as possible.
FRCL has been around for 150 years - I wonder how many spread betting companies will be around in 150 years' time?
I'm a great believer in keeping things as simple as possible.
FRCL has been around for 150 years - I wonder how many spread betting companies will be around in 150 years' time?
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