Maybe they did it because the ftse100 is so easy to beat. And makes people feel good.
Unless you have my account
From the thread where this is discussed
acampAlex CampbellHead of Communications
Itāll be switched back to VWRL on Monday!
The team did a bit of extra work so able to let you swap between benchmarks. This isnāt quite yet ready but as you can see today, itās getting there.
At present I own only one ETF: Amundi Prime Global UCITS ETF DR.(PRIW)
Iāve picked PRIW after watching one too many PensionCraftās videos
Global, large & mid caps, very cheap, relatively large size, 2/3 US stocks, 1/4 tech stocks, exactly what I wanted. And with a small dividend yield, irrelevant now but it will become handy in the future.
Iāll ignore the Tories vs Labour narrative, not factual enough
Can you be more precise?
Tories came back to power in 2010 and look what has happened to the capital gain tax rates and allowances (here ) and to the dividend allowances (here).
Now, where are the evidence that a Labour government would penalise retail investors in the same way or more that the last 5 governments led by the Tories. Mind, I donāt like Starmer and despise Corbyn and his supporters (still strong inside the party), and even if I liked those dinos, I cannot vote as Iām not a British citizen and Iām not planning to become one anytime soon. Iām talking as a tax payer and retail investor.
Things being muted what Labour will do
- 300% increase in NI on everyone earning over £50k
- raising capital gains tax (CGT) on shares to 37pc and on other assets to as much as 53pc; charging CGT on death and on leaving the UK; and hiking the basic rate of dividend tax from 8.75pc to 20pc.
- charging National Insurance on rental income (at a rate of 20pc for basic rate taxpayers).
- extending employer NI to also cover employersā contributions to pensions; cutting the Ā£270,000 cap on tax-free pension withdrawals to Ā£40,000 or even zero.
- slashing the VAT registration threshold for businesses from £85,000 to £30,000
- abolishing the nil-rate inheritance tax band, making everyone subject to IHT
Itās going to be a miserable long decade
And the source is�
Your source is an opinion column by an ex-Tory MP�
And quoting Labour Party think tanks ⦠or are they all made up lies
itās not quite the same what Tories HAVE done and what a Tory columnist thinks Labour could do in the future with many ifs.There are several think-tank, coming out the craziest ideas (ask Liz Truss), they donāt all make their way in the manifesto, become policies or get approved by the parliament as law.
I donāt think Starmer will push for those crazy policies, he is aiming at expand Labourās electoral base to the centre and winning back the working class. If my crystal ball is wrong, well then they deserve to loose yet another election and all the little people earning less than Ā£100K will have to embrace for (tax) impact.
[A few edits, sorry. I havenāt drunk my first coffee yet ]
I can see a few other things ābeing mutedā if this kind of tedious chat starts creeping in to the Freetrade forum. Hopefully just a moot point.
What a source education in this country has gone down the pan. Quoting a Tory mp on made up Labour policies. No wonder we are in such a mess
can anyone please link to the official labour policies ⦠Iāll be waiting
All draft currently as no manifesto will be released until the election
all reads a bit biased towards labour to me
Itās Labour policy platform - what were you expecting? Unsurprisingly none of what a Tory Mp said labours policies were appears anywhere
and this is the thing, cant trust what the Tories say, cant trust what Labour say ⦠thereās nothing out there thatās not biased one way or the other ⦠everyone should vote Reform !
Are you implying that it hasnāt been miserable under the Tories? I donāt think labour will be the greatest, but I donāt see how they can be any worse than the current shower of shit
US markets opened early (by UK time) as they had daylight savings yesterday. UK time does not move until 31st.
Was wondering why my US prices were moving already