RE: Re: Sunset23 May 2015 03:08
I congratulate you on your sound investing strategy, but just as a matter of interest, could you calculate if you would have been better off if you had simply bought and held. To me it looks like the price has been going Northwards relentlessly.
No need for details (as no doubt, we will all become jealous), just Yes/No will do.
If you have made loads of money remember this. My mistake during the Dot Com boom was not to sell, cos I hated having to pay loads of CGT. Some time ago I heard you need not pay CGT if you reinvested the shares you sold, thereby making no gain. In any event you are only you are only delaying the bill.
I also thought of setting up an Investment Company as another way of avoiding taxes (not evading), but at the moment I don't have to worry about CGT. Do you have a strategy regarding CGT?
About 2 years ago I sold all my Peps and Isas and got back into shares, and have made about 30%. A bit better than 3% or whatever they were producing!
Good luck with your investments, and as I said when Construction Coys double in price mebbe an exit strategy is then needed.