CGT sell whilst under the £12,300 allowance and rebuy in April?

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    #16
    Originally posted by boletus View Post

    Not quite.

    FTSE100 was at 6250 points 20 years ago, it is 6500 today (approx).

    £200,000 over that time would have returned about £7K per year because of the dividends;

    https://www.cazenovecapital.com/uk/f...ithout-moving/

    if you include dividends the index has actually returned 3.54% a year
    I'm obliged, I should have said invest £282500 then to be accurate.
    But the article simply referred to common theories and nowhere stated that 90% of people "fail" , what may be true is that 90% of investors lose money, which I'm sure is true for us all (on some investment at some point ).

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      #17
      Originally posted by Section20z View Post
      I'm obliged, I should have said invest £282500 then to be accurate.
      I'm in agreement with the gist of your earlier post, you just picked the wrong index over the wrong time frame!

      The S&P500 over the same time averaged about 15% per year not including dividends.

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        #18
        Originally posted by Gordon999 View Post


        Not surprisingly, new techniques have evolved to get around the rules. The most obvious is to make use of that most useful taxation tool — the spouse. You own the shares solely, sell them in the market (creating the gain), your spouse simultaneously repurchases in the market to avoid price movement and later transfers the shares back to you (if that’s desirable), which can be done in effect at the repurchase price remember.
        I have been following a post on another website about changing percentages held on a property for CGT reasons as we want to do similar with ours when we sell. A Chartered Tax Adviser has said that if you make a change with the primary motive being tax then it comes within the scope of anti-avoidance. This would apply to shares too.

        However I would have thought this was tax planning and I'm not sure why it would be allowed in the first place (ie. transfers to spouse) if they didn't expect people to use it to their advantage. And I would think majority of reasons to do such transactions would be related to tax.

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          #19
          Originally posted by Section20z View Post
          No secret, simply invest £200,000 across the whole FTSE100 and you would have made substantially more than £10k per year across the last 20 years.
          90% of people must be either very stupid or very unlucky
          The FTSE100 is flawed, because it measures the top 100 companies. However, if a few companies, drop out of the FTSE100. You have to sell those stock and buy the new stock. I don't know how frequently, they change the FTSE100.

          An FTSE 100 index fund might be better for that.....



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            #20
            Originally posted by Section20z View Post

            No secret, simply invest £200,000 across the whole FTSE100 and you would have made substantially more than £10k per year across the last 20 years.
            90% of people must be either very stupid or very unlucky
            https://www.thisismoney.co.uk/money/...long-term.html

            This report shows 90% or more people are unlucky investing in the FTSE-100 over the last 20 years.

            But 90% of people holding property over last 20 years would have won investing in their property

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              #21
              Originally posted by cuttingman View Post
              rebuy in the new financial year?
              FWIW some assets seem fairly bubbly to me at the moment. Bitcoin most obviously. And US tech.

              Originally posted by Gordon999 View Post
              90% of investors fail in the stock market.
              Buy and hold is generally successful. Stock markets have a strong tendency to produce positive returns long term.
              There is a fine line between irony and stupidity. If I say something absurd please assume that I am being facetious.

              Comment

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