  |
|
|
| Author |
Message |
torey
Apprentice
Joined: 03 Mar 2004
Posts: 6
|
 Posted: 11/04/07 - 08:56 Post subject: |
 |
|
| I would soon be selling my second house so I would have a redundancy of money. I hope that I could invest some of this money. What tracker should I use? Is it possible to have the dividends paid gross instead of them being automatically taxed? I will be looking to invest about couple of hundreds per month. I have looked for some management fee of mostly 0.1. Where do I invest my lump sum? |
|
|
Back to top
|
|
|
|
 |
gabbie
Apprentice
Joined: 22 Aug 2006
Posts: 6
|
| Posted: 12/04/07 - 03:30 Post subject: |
|
|
| I am in the same situation as you. Low charges are a benefit but if you pick a tracker just for that then you are looking at low performance. I would recommend you invest in regular saving accounts. When the quarterly grant comes in you can drip feed what you do not need to live off into a number of the regular savers. I have made some investments in shares to. I decided against an ISA share dealing account, as they seemed to offer no protection against capital gains tax and did not offer any benefit. In addition, if you purchase shares in companies based in abroad you do not have to pay stamp duty. So do not invest what you cannot afford to loose. By my opinion, sticking all the money into one fund is also a bad move. It does not matter if that is tracker or managed. |
|
|
Back to top
|
|
|
|
|
|
| |
All times are GMT
|
|
|
