Investment Strategy

[janetq]

@noose If she isn't paying much tax then there isn't a benefit, if she earns more in the future/becomes full time when the kids get older then it is worth thinking about.

Each EU etf purchase (even into the same etf) is treated independently so if you buy once per month you have 12 calculations from year 8 on, you could in theory pay tax for the year even with a loss (i.e large market crash near the end of year 8).

You can also still buy US distributing etfs with a us broker and be taxed under the CGT system and offset losses, but you will need to pay tax on dividends each yeara and CGT on disposal.

 

[robertjjones]

@noose Mind me asking what you do? Don't have to be specific but curious as to the employer contributing to defined pension as I don't tend to see that too often in Ireland. Also, very decent salary.

 

[noose]

@robertjjones I work in Banking/Finance. I would say it’s fairly standard for the employers in this area to contribute to a defined contribution pension.

 

[onlybyhisgrace1]

@noose Can confirm. Work at a bank here and get 12% employer contribution but no yearly bonus.

 

[noose]

@onlybyhisgrace1 And unlikely to get one for a long time!!!