RE: Bamp’s post22 Dec 2025 12:32
Esduk hey bud,
Please dont get me wrong as I am "NOT saying to any members to sell" as I have said so many times in the last few days. Yes I have a great amount in GGP but they are on FREE TRADE and all the original investments were taken out years ago leaving a vast amount of shares in the ISA account at ZERO COST and most of the original shares were sold from an old "TRADING ACC that was TAXABLE" so paid the tax and now NO trading account but all shares now are held are FREE in an ISA acc.
So my posts were towards members in my situation only and try to help others in a similar situation.
When you have a " huge amount " of shares that are ISA "FREE TRADE" it does not make sense to keep them locked up in an account that may or could go down.
So say if your acc has £2 million invested at a retirement age why not sell 50% and secure it, and at least that £1 mil is SAFE.
The remainder of your Acc is now £1 mil and even that is a huge amount of money for a retired person even after purchacing a new house, car's, brits whatever, it is a load of money.
The only reason I have talked about reducing is that reason, as at some time when you get into that situation you will totally understand my point and that is " what the hell do you do with say £6 mil ( not that this is my amount but not far off.)
This is my last post on a situation that is mine and other fortunate members and is not meant to impress in anyway but a discussion a topic as I personally would like the benift of others in a similar situation as many more may be in the same club very SOON !!
Tom 🌲🎅❄️
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