What are the best investment vehicles in Ireland?

[Younginvestor93]

Is it true that Etfs for example Vanguard All world Etf or Ishares World Core Ucits Etf with Emerging Markets through Degiro ate the undisputed best passive investment vehicle in Ireland?

Yes, you have deemes disposal every 8 years but there is still a nice return and you can set it and forget it. Retail funds through Irish Life, Zurich etc cant compete at all with this.

Investment trusts are riskier and not guaranteed, individual stock picking is taxed better like IT's but is risky.

What other aveneues can compete with low cost Etfs?

 

[SPC100]

Pension. You get relief on the way in, tax free growth, and defer taxes till drawdown/retirement.

 

[SPC100]

Your own home, and the rent a room scheme.

no CGT when you sell, no tax on rent a room.

 

[Younginvestor93]

Ok, lets say you are easily coping with mortgage repayments on your house. You are maxing out your pension contributions and you have excess income leftover, where do you put it?

Pension. You get relief on the way in, tax free growth, and defer taxes till drawdown/retirement.