The tax is on dividend income (on dividend stocks)ā¦not buying or selling stocks in general.
The extra variables from UK stock are the currency exchange rate at the time of buying and selling (which updates almost live while holding) and forex fee which I believe is 0.45% (EDIT: 0.59%) on all trades (buy and sell).
The price you see āliveā and the profit/loss indication does not reflect the cost of selling, like the forex charge.
Thanks for the information, I know different schemes have diff costs aka general vs standard vs plus, Iām on standard currently, will see how it goes if I see myself buying lots of usa etc I might considering upping to plus, but for now I have made a lot of changes in a short amount of time so I will let this oannout first
So princess dianna isin Argentina!! Didnāt know that!
Well what surprise lse have their heads in the sand⦠theres been no real growth in lse for years and years as there isnt any growth in the uk! add lots of companies have been bought out by foreign companies and de listed makes you wonder why we do invest in the uk
I think when companies are bought out⦠i think they should still be listed for people to trade⦠especially uk utilities
@acamp Hi just to let you know that new survay has a section thatās bugged I couldnāt pick none of these so I had to just say I had a crypto account else where which I donāt because I had to pick something. Tha ks
Are we all excited that we may get an extra £10k isa allowance to invest.
I just donāt understand this govt. they lower the capital gains allowance then increase the isa
Wouldnāt this extra allowance be based on holding UK shares?
Companies in the FTSE care more about paying Dividends than actually growing and successive UK Governments donāt foster an environment for inovation and growth. Any UK company that has any ambition will float on the NYSE, ARM being the most recent example.
I see great opportunities in the US. I get that most people in here are FTSE/Dividend obsessed buyers but if you want to make decent money in growth companies than the US is were its at.
As an example Tech is on a pullback and some of the big ones hit support zones yesterday, i see more downside but i have been buying in small amounts. Try not to get too suckered into PE ratios especially for growth companies, look at PEG ratios.
People bang on about the FTSE being undervalued, id question when has it not been undervalued. Its full of dinosaur value plays.
So itās funny today I look on my portfolio and yesterday afc energy was up in the green for the first time in a long time for me now today itās dropped 7% in total.
Then you have the crazy mgc pharmaceuticals which was - 58% the other day huge drop before this it was - 8% for me and now itās sitting at - 22%