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
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