BRK.B v S&P 500 EFT

[jedc42]

Hi sorry for another noob on the scene but everyone starts somewhere I guess.

I want to buy some of either in the title every 2 weeks(payday) for the long-term 20+ years

I understand that you only pay 33 % CGT on stocks when you sell not 41% every eight years like the EFT's.

Would I be better off buying the BRK.B to save the hassle of the tax and losing 41% every year from 8 years onwards plus it will be messy tax wise as I will be buying every 2 weeks.

I understand BRK.B doesn't match the profit potential of S&P 500 but would it be fairly close and much less of a headache in the future?

What would you more wiser heads advise?

Thanks in advance

 

[startupchristian]

@jedc42 You could also consider JAM. It's a UK investment trust, a close ended fund which trades as an investment company and falls under CGT rules like Berkshire. Tracks the S&P 500 very well.

 

[jedc42]

@startupchristian Nice one, I can't seem to find it on Degiro or 212 though?

 

[startupchristian]

@jedc42 I buy it on IBKR.

 

[jedc42]

@startupchristian Thanks will sign up with them

 

[boagz57]

@startupchristian are the fees high. for example if I wanted to put 200 a month into jam

 

[startupchristian]

@boagz57 There's a 0.5% stamp duty.

 

[boagz57]

@startupchristian that's great. thanks

 

[coffeeandprayer]

@jedc42 It's on 212 alright

 

[jedc42]

@coffeeandprayer I can't find JAM on it anywhere? What's its name on 212?

 

[coffeeandprayer]

@jedc42 Search for "jpmorgan American" in the search function and it'll pop up. Important to leave no spaces in jpmorgan.

 

[jedc42]

@coffeeandprayer Forgive me chief but I still can't find it, I must be losing it

 

[coffeeandprayer]

@jedc42 Search by the ISIN GB00BKZGVH64

 

[jedc42]

@coffeeandprayer Your going to kill me man, but I still can't find JAM on the trading 212 app.
Are you sure it's on it?
It's my preferred app and would be great if I could find it on it and save me going to ibkr.

Apologies for being a pest

 

[jordansprings]

@startupchristian Does that pay a dividend? That puts me off. And is it only 1.5bn market cap?

 

[startupchristian]

@jordansprings Yes, dividend isn't too high though. The share value is tied to that of its underlying holdings.

I certainly wouldn't be comfortable betting everything on Berkshire longterm. No idea how it will perform when Buffet and Munger are gone in a few years.

 

[spinuscyn]

@jordansprings About .9% last year I think

 

[jordansprings]

@jedc42 That's what I do. I treat BRK.B as an ETF.

 

[carbon20]

@jedc42 Yeah it’s the same tactic a lot use if you don’t want to be dealing with the headache of deemed disposal. You’ll only need to file something when you sell.

BRK.B has been flying lately.