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The
Stockmarket is over |
Unless
shares double in value over the next three years. |
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Take
everything offshore - it's tax free |
It's
not if you are domiciled and resident in the UK. And if it's
private company shares you are talking about, the management
has to be offshore. That's expensive, so is the advisor that
you will rely on. |
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Take
everything offshore - the HMRC will never find it |
They
might! |
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40%
tax - it's a bloody rip off |
Not
if you look back in time or if you look abroad. It is not high
enough to take desperate measures! |
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Property
property property |
Property
is a valid investment for many people but it can go down as
well as up in value and that risk is usually accentuated because
you borrow to buy. Watch the gearing! |
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My
bond pays me an income of 5% tax-free |
But
the underlying funds are paying tax on both the investment income
and gains. It's a bit like taking a regular direct debit from
your building society deposit. We wouldn't call that tax-free. |
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My
pension has badly underperformed - the managers are useless |
I
doubt if he knows how his funds are invested - the returns will
depend more on the level of risk within the underlying funds
than the competence of the managers. |
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My
adviser is so frustrating - he won't commit himself to anything
- he just sits on the fence all the time |
Well
I reckon he's got a good adviser - no doubt helping in areas
he can (explaining the relationships between risk, reward and
tax) but not in areas he can't (predicting the future). Good
for him. |
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How
does an economist get out of jail? |
She
assumes she's got the key. |
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