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Wanting to invest

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  • 07-05-2017 8:50am
    #1
    dleeming
    Closed Accounts Posts: 5 ✭


    Hi,

    I am planning to go into investing, 80% in safe and 20% in high-risk shares. I am not sure where to start. A friend mentioned that I should deal in ETF.

    I am currently in Ireland but plan to move to the UK within a year, would that have any affect on any investing that I start in Ireland?

    What broker to go with? I hear that "DEGIRO" is cheap, but are they good? I also hear that "Motley Fool" are a good choice.

    The choice is overwhelming for a noob in investing.

    I would be grateful for any advice.
    Tagged:


Comments

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    #2
    hill_walker
    Site Banned Posts: 17 ✭hill_walker


    its not a good idea to buy anything but funds unless you know how to value companies , i would put two thirds of your money in a global equity fund and the rest in a corporate bond fund as the yields are higher than goverment bonds


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    #3
    topper_harley2
    Registered Users Posts: 537 ✭✭✭topper_harley2


    Please dont do anything, UK has much better options for investing e.g. tax efficient ISAs. Forget investing in Ireland if moving to the UK. Degiro are a good cheap online broker alright. Also, there is no such thing as a "safe" stock. If you learn anything from boards, that is the most important. Think BOI, AIB etc etc


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    #4
    Francie Barrett
    Registered Users Posts: 16,621 ✭✭✭✭Francie Barrett


    topper_harley2 wrote: »
    Please dont do anything, UK has much better options for investing e.g. tax efficient ISAs. Forget investing in Ireland if moving to the UK. Degiro are a good cheap online broker alright. Also, there is no such thing as a "safe" stock. If you learn anything from boards, that is the most important. Think BOI, AIB etc etc
    The UK ISA is the best savings/investment vehicle in the entire world. Mine has been an absolute godsend for me (tax free dividends are useful now I am coming close to retirement) and saved me a fortune in capital gains tax.


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    #5
    Atlantic Dawn
    Registered Users Posts: 82,586 ✭✭✭✭Atlantic Dawn
    M


    Francie Barrett wrote: »
    The UK ISA is the best savings/investment vehicle in the entire world. Mine has been an absolute godsend for me (tax free dividends are useful now I am coming close to retirement) and saved me a fortune in capital gains tax.

    Do you need to be UK resident to invest or are they open to anyone? Any taxation here to worry about?


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    #6
    keane2097
    Registered Users Posts: 17,771 ✭✭✭✭keane2097


    Atlantic Dawn wrote: »
    Do you need to be UK resident to invest or are they open to anyone? Any taxation here to worry about?

    Must be a UK resident.

    https://www.gov.uk/individual-savings-accounts/overview


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