RE: Tax when selling Action4 Dec 2025 14:10
I have to agree longtimieinvestor. I started "managing" (and I use that word loosely - more sticking a pin in the newspaper at the time) my own SIPP in 2012 after years of meagre returns by so-called professionals. I'd look at iii and think "it's gone up 20% in the last 12 months, surely a correction soon". Then move my attention to a Nigerian oil company or South African copper miner, and loose 15% of my investment waiting for a recovery that never happens. If I had been sensible, I'd have placed my entire SIPP into iii and never looked back - the last time I looked at this (about 5 years ago) my SIPP could have been so large I'd have had no problem retiring in comfort. Again, I ignored the obvious. Anyway, I'm here now, and recent months have been a bit bumpy, but the long term trend is up, and I'm happy with that.