Interesting article here on IRES REIT. Likely to be potential upside with fairly limited downside - particularly as interest rates start falling.
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91c a share
Pay out annual dividends of 4.27%
Has over 3k residential units in Ireland (mostly Dublin)
Has over 99% occupancy rates in its units
It does look a very safe long term stock?
Typically REITS and institutional property companies trade at a discount to NAVs
REITs are probably a good investment. Sure there’s always people dying.
Look at the rules of REIT before you invest…prob some limit to the long term upside in stock price as they have to distribute the profits annually
But low enough risk alright
Was looking at Trading 212 for the S&P 500 or are there better options?
Looking at something like €50 a week a forget about it.
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Its very low risk but probably low enough upside too - the share price isn’t going to go gangbusters over the next 20yrs.
4 per cent return and some capital appreciation has a place
Where do people do their trading on - what do you use
Is Revolut ok to invest / trade on
I haven’t bought a share yet I am positioning myself and trying to learn as much as I can about it before I take the plunge, have some ideas about stuff I want to be with long-term i.e. 20yr +.
I opened a DeGiro account off the back of lads recommendations here about two years ago but because I never made a trade I got an email from DeGiro recently that they were shutting my account.
I’m a small bit concerned about tax on profits undoing all the good work I may do on investments, tax of 40% on profits over I think €1200 a year doesn’t appeal to me much but I would like to have good share positions that I can pass over to my kids in my will.
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Years ago myself and my mate decided we had better get on the share trading gravy train. There was lots of money to be made we decided. We were self employed so had tax money we didn’t need til November and that would be our float.
It was a well thought out plan. It couldn’t fail. We would even do spread betting on stocks.
The only glitch was we had to get around to printing the account opening forms for the online platform and send them copies of passport and bills. We were busy and lazy and procrastinated and were losing money.
We never did get around to it before we headed off on our 2007 summer holidays.
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Shoulda Woulda Coulda
I’ve been pissing around with Zurich funds for the past 10 years trying to build a bit of a college fund for the kids. I took a risk assessment at the start and it had me on the low risk side and the returns reflect fairly reflect this. Whilst the S&P has been roaring away my funds have been whimpering along. No risk, no reward as Tony Soprano might say.
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There really is a shoe shine boy vibe at the moment.
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Any of those are fine.
Perhaps you don’t care about being tax compliant with your investments, but if you do it’s a pain to invest in funds.
If you invest in an S&P 500 tracker you are looking at 41% tax on gains. No offsetting with other losses. If you hold long term you have deemed disposal after 8 years which means you pay your 41% as if you’ve sold. A real pain to track data if you are buying weekly or monthly. This tax treatment is under review and was supposed to be addressed in the next budget but it’s going to miss it.
You can get S&P 500 like exposure and capital gains treatment via JP Morgan American Investment Trust (JAM), it’s a UK listed trust and does a reasonable job of tracking the S&P 500. Should be able to buy that through 212 or De Giro. This is not investment advice or tax advice - I haven’t bought JAM myself but was told it’s CGT.
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Do a bit on revolut is v easy and can buy partial shares which is handy if only tipping away at a few bits every month…wouldn’t trust it for large amounts
De giro is spot on and cheap
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You’d only need to pay the tax when you’d sell em
You’d need to pay tax on dividends presumably too if over a certain threshold? Now you’d have to have plenty invested I’d guess to be making nice dividends each year.
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Have never done it but wouldnt mind using some of my built up loose change on Revolut to give it a small go. Small sums, money that I’l never miss but would give bit me a bit of an interest in whether it made anything.
Any advice welcomed. Any good investments? Or could I just go crypto?
Total novice
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I wonder could you invest in “vertical farming”. I think it’ll get a lot more popular.
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I must look into that, it couldnt be any worse than how my football accas do!
Put the money on a 1/3 shot and you’ll pay no tax on the earnings