RE: How many folk are on a free ride here17 Apr 2026 15:35
I've been very fortunate in timing. I made some timely decisions on a media company, GGP and RR and then sold all at a profit at the right time.
GGP fell in price and so bought back in, then Shaun arrived and it became a transformational investment.
If I took out my reinvestment value today I would still have held in GGP about 5 times the reinvestment value .
As I'm in Ireland, my plan is to maximise my draw down by taking advantage of the Capital Gains Tax Allowance (CGT). The shares are now jointly held with my wife, a recent change, so that we get 2 tax free allowances annually. If I need a lump sum we can take our annual 2026 allowance in December and our 2027 in January for example, we don't pay tax on the principle and have the allowance before any tax kicks in.
GGP tops up the pension nicely over the next 20 years or so or we can take a larger lump sum and swallow a little tax.
To quote Shaun, we like the optionally it gives us.