RE: When the time comes....21 Nov 2020 17:50
Newbie and first time i have posted, but have been reading previous posts for some while.
I can see the cyclical economics pushing this type of asset value up and to that end have recently invested significantly in GGP and other companies involved in mining and metal recovery including: Gold, Copper, Vanadium, Chromium, and PGM's, etc...
I can see the time line investment cycle for mining (generally 2 major SP increase opportunities) and like others here - waiting for the GGP SP increase based on the confirmations coming through shortly.
I have ISA's, PIA, - and a general trading account under management using both mine & her indoors annual allowances (this is separate to my own personal trading account).
So in terms of my own trading account holding GGP & other shares, one thought i have had is to use a company (FIC) to hold & trade said shares - i have an appointment with my accountant shortly to discuss the merits (Corp Tax Vs CGT consequences on future sales). Note that having exposure to FIC Corp Tax means you can use the Corp Tax Pension allowance... So i am wondering if anybody has gone the company / FIC route to hold and trade shares, or had thought about it ?
Remembering all our ISA annual allowances are taken up already, and do year on year...