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Stocks n Shares ISA
- Thread starter Fletch
- Start date
42
Striker
22% of zero is zero
Theyre apparently allowing a certain 'reasonable' amount because money sits in cash holding between trades.
Darlo1973
Striker
Aim seems to be to doscourage people from using "cash like" investments in their S&S ISA to get around the reduced Cash ISA limit
Trouble is that there are legitimate reason for having short term cash in your account such as payment of dividends, deposited cash waiting to be invested and recent sales so it will be interesting to see how they try to implement it. There would have to be a free period of a month or so before interest was payable.
It's why it wasn't announced at the same time as the reduced cash limit as they had no idea how it would work and is still out for consultation with the industry.
Here's one. He's usually reliable
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buster
Striker
As did everyone else.
42
Striker
It used to be like this originally. Only the stocks & shares are tax free in a stocks & shares isa. If you want cash tax free, then you need a cash isa. As each flavour has a different allowance.
Was one of the few decent things the tories did, was simplify ISAs, and the reversal of this is just pointless.
daveydavey
Striker
SpaceX IPO on the 12th, projected day 1 valuation around $1.5T. What do people see as the long term prospects for a return ?
bomber
Striker
The sky's the limit.
archiesdad
Midfield
It's not the money invested thats being taxed that stays the same. its to kill off a loophole of people tucking cash away into the but not investing it.
I was heavy US last year coining it in. Got worried by Trump tarrifs, volitivity, etc. so went more global. Still earning decent to be fair but reading a crash could be imminent so considering bonds.
Is there a crash coming or what?
Is there a crash coming or what?
Darlo1973
Striker
There is always a crash coming.
Alchemist
Full Back
The Tech/AI stuff I invested in from six months to a year ago has gone mental. Everything is overvalued now but people are still buying. Whenever I think of selling, it just goes higher.
It's surely not sustainable but whenever there's a drop or a smaller company becomes linked with a bigger one, investors pile on again. I thought it would drop around a month ago but it's still going crazy.
Darlo1973
Striker
There is a tech infrastructure fund (AINF) which I keep an eye on which is up 60% this year and 100% in a year. My thinking is that the builder of the tools will usually be a safer bet than the business built using the tools. In the California gold rush the people who really made a fortune where those who made the picks and shovels.
I'm sure that there will be a crash/correction at some point but as long as you are in this for the long terms then the trend should still be upwards. In the last few decades we've had the dot com crash, the banking crash and the pandemic crash. In each case the markets recovered to above where they were previously.
DrNo!
Striker
Bonds seem to follow equities these days so not so sure they'll save you when the markets crash.
42
Striker
Big crashes usually happen after unexpected events. Everyman & his dog is predicting a crash soon. But if everyone is expecting it & markets are supposed to be uber efficient, then potentially a crash is surely priced in youd have thought & they could go a lot higher if crash doesn't happen.
Another thing to consider, is that we're entering a period of a great wealth transfer from boomers to gen x as the boomers die off & gen x wanting to park the capital somewhere. That could potentially keep the markets buoyant for next 20 years.
Was going to post similar, they are not as rock solid as they once were.
