niceoneted
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What a fantastic idea !!! Berkshire shares are $216,200 per share, so in reality, I don't think the OP is thinking gifting some of them to his kids. But maybe, different strokes for different folks,
It was never mentioned whether it was intimated as A or B shares, No financial adviser in Ireland would suggest investing in these equities for minors, especially where the figure head is in his 80s and of poor health. But this is Ireland, where people always prefer to flutter monies in the hope of a jackpot win. Remember, the OP has considered Tax implications whilst investing for his kids.
What a fantastic idea !!! Berkshire shares are $216,200 per share
This discussion relates to an 18 year time horizon which is fine for a higher risk investment strategy.
By higher risk, all I mean is a higher equity content (diversified of course).
Sarenco, that's why it's up to advisers to do their job and advise people with adequate time horizons that the Post Office will not be their friend and that equity markets are likely to be their friend.
To claim that an 18 year time horizon is not "fine" for a globally diversified equity portfolio is outrageous.
Every chart that I have seen indicates that equity markets are neither cheap nor expensive right now...they're in a "zone of reasonableness".
Mother of God, even the guy who invested prior to the 1929 crash was fine by your own reckoning!
Do I need to do an annual return to revenue to say I've gifted the money?
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