Search found 313 matches

by TedSwippet
February 14th, 2019, 12:08 pm
Forum: Passive Investing
Topic: Vanguard VWRL - the one stop solution?
Replies: 44
Views: 2603

Re: Vanguard VWRL - the one stop solution?

The underlying investments themselves are 53% USD and the ETF itself from the investors' aspect is a USD one. The clue is in the name: FTSE All-World UCITS ETF (USD) Distributing (VWRL ). All true, but this does not mean that VWRL introduces any additional forex drag in the way you originally claim...
by TedSwippet
February 14th, 2019, 10:04 am
Forum: Passive Investing
Topic: Vanguard VWRL - the one stop solution?
Replies: 44
Views: 2603

Re: Vanguard VWRL - the one stop solution?

The reason is to avoid forex. VWRL introduces forex drag. With VWRL you are using GBP to buy a US$ assets, hence there is forex, even though it's opaque to you. VWRL in and of itself will not introduce forex drag. VWRD and VWRL are both denominated in USD, but it does not necessarily follow that tr...
by TedSwippet
February 13th, 2019, 3:25 pm
Forum: Passive Investing
Topic: Vanguard VWRL - the one stop solution?
Replies: 44
Views: 2603

Re: Vanguard VWRL - the one stop solution?

Indeed, unless I'm totally missing it (quite possible :D), VWRD doesn't seem to be mentioned anywhere on http://www.vanguardinvestor.co.uk, which, after all, is the place UK based investors are likely to look. Can I just ask why you find it so odd that VWRD isn't mentioned here? As vandefrosty says...
by TedSwippet
February 7th, 2019, 9:49 pm
Forum: Computers, TVs & Phones
Topic: How to compress jpg image
Replies: 15
Views: 343

Re: How to compress jpg image

You might also consider a file compression program such as the one built into Windows or 7-zip which offers more options. Unfortunately, zip and other file compressors won't help much, because the data in a jpg file is already compressed. In some cases, zipping a jpg file actually results in someth...
by TedSwippet
February 6th, 2019, 8:42 am
Forum: Brokers and Share Dealing
Topic: Platform Options - II or IWeb?
Replies: 33
Views: 1203

Re: Platform Options - II or IWeb?

From what I gather, HL service is better than II and IWeb (?) The question to ask here is, how much of this reputedly better service will you need in the future? Every platform allows you to buy and sell stocks, ETFs, funds and ITs online, collects dividends, provides tax statements, and so on, so ...
by TedSwippet
February 4th, 2019, 12:07 pm
Forum: Passive Investing
Topic: Low-cost tracker - how best to buy?
Replies: 18
Views: 1017

Re: Low-cost tracker - how best to buy?

You can buy an OEIC with no commission, no platform fee and, in some cases, no stamp duty. Where can I find this? I'd like to look into it fully. Just look on the fund providers' web site for an application form for individuals. Vanguard: Account fee 0.15% Our annual account fee is 0.15% on amounts...
by TedSwippet
February 1st, 2019, 11:23 pm
Forum: Polite Discussions
Topic: Ultramillionaire tax
Replies: 121
Views: 2092

Re: Ultramillionaire tax

It's been argued on this thread that an essential part of the system is improving productivity, so as to achieve an aim by employing the fewest number of people and paying them as little as possible, which maximises efficiency. So why not apply this kind of logic to billionaires too? Similarly with...
by TedSwippet
January 30th, 2019, 10:05 pm
Forum: Passive Investing
Topic: Vanguard VWRL - the one stop solution?
Replies: 44
Views: 2603

Re: Vanguard VWRL - the one stop solution?

VWRL is expensive compared to the sum of the parts, and I have never really understood the justification for this ... Me neither. I built up my VWRL equivalent some years ago from HSBC's class C OEICs. These currently cost 0.06% for the UK and US, 0.07% for Europe and a whopping(!) 0.21% and 0.24% ...
by TedSwippet
January 28th, 2019, 11:03 pm
Forum: Polite Discussions
Topic: Ultramillionaire tax
Replies: 121
Views: 2092

Re: Ultramillionaire tax

I worry more about such a tax gaining currency in the UK. We don't tax wealth here either, but there is a significant majority of the population in the UK who are resentful and envious when someone becomes rich, and that's a concern. And it probably goes without saying that whatever definition of '...
by TedSwippet
January 27th, 2019, 10:56 am
Forum: Polite Discussions
Topic: Ultramillionaire tax
Replies: 121
Views: 2092

Re: Ultramillionaire tax

The simple truth is that the wealthy can often avoid the tax, hence the tax does nothing to raise up the lowest. ie this article points out that the wealthy can simply leave. https://www.reuters.com/article/france-tax-exiles/depardieu-joins-long-list-of-french-tax-exiles-idUSL5E8NL4L620121221 To be...
by TedSwippet
January 26th, 2019, 6:57 pm
Forum: Polite Discussions
Topic: Ultramillionaire tax
Replies: 121
Views: 2092

Re: Ultramillionaire tax

Also note that the US has an estate tax, similar to our inheritance tax, so that wealth is taxed eventually. Rates are the same at 40% of assets. However, the US estate tax exemption before that 40% kicks in is $11,400,000 per individual. The UK's inheritance tax exemption is a mere 1/26 of that at...
by TedSwippet
January 17th, 2019, 12:25 pm
Forum: Beerpig's Snug
Topic: British sarcasm 'lost on Americans'....
Replies: 18
Views: 911

Re: British sarcasm 'lost on Americans'....

probably derail here... do USAians have more liberty than UKers? Arguably, no. The Freedom House table for 2018 puts the UK at a freedom index of 94, compared with the US's 86 (a higher means more 'freedom' than a lower one). The associated report and methodology shows how Freedom House quantifies ...
by TedSwippet
January 12th, 2019, 10:48 pm
Forum: Investment Strategies
Topic: Form W-8BEN
Replies: 4
Views: 323

Re: Form W-8BEN

We’ve never included a Foreign TIN and have never been asked for one by either Barclays (as was) nor Hargreaves Lansdown. Both of these are UK financial institutions. Fidelity Stock Plan Services is however US based, and so has to dot every 'i' and cross every 't' of the jackboot of US financial re...
by TedSwippet
January 12th, 2019, 10:11 pm
Forum: Investment Strategies
Topic: Form W-8BEN
Replies: 4
Views: 323

Re: Form W-8BEN

Recently, I have been asked for a Foreign Tax Identification Number. I have no idea what this is. I would be most grateful if anyone could enlighten me. Use either your NI number or your UK tax UTR. More here: https://www.oecd.org/tax/automatic-exchange/crs-implementation-and-assistance/tax-identif...
by TedSwippet
January 12th, 2019, 10:39 am
Forum: Beerpig's Snug
Topic: British sarcasm 'lost on Americans'....
Replies: 18
Views: 911

Re: British sarcasm 'lost on Americans'....

Itsallaguess wrote:The title of the thread doesn't at all contradict your second statement, so I'm at a loss as to the point you're trying to make here to be honest?

With the greatest respect, I hear what you say, and I would suggest that I almost agree.

:-)
by TedSwippet
January 8th, 2019, 8:56 pm
Forum: Bank Accounts Savings & ISAs
Topic: NS&I 5-year index linked certificate -- maturity options?
Replies: 21
Views: 1213

Re: NS&I 5-year index linked certificate -- maturity options?

I was vaguely aware that NS&I were planning to switch to CPI at some point but I can't see any reference to this in the literature supplied to me, which seems odd. Do I gather that this is likely to make the return even lower and is it known for certain that they won't apply CPI to certs. renew...
by TedSwippet
January 6th, 2019, 9:14 am
Forum: Bank Accounts Savings & ISAs
Topic: NS&I 5-year index linked certificate -- maturity options?
Replies: 21
Views: 1213

Re: NS&I 5-year index linked certificate -- maturity options?

Spet0789 wrote:You could just content yourself with thanking the taxpayers for subsidising your income.

These are a small part of my investments. On balance, taxpayers should be thanking me for the huge subsidy I provide to them out of my other income.
by TedSwippet
January 5th, 2019, 6:37 pm
Forum: Bank Accounts Savings & ISAs
Topic: NS&I 5-year index linked certificate -- maturity options?
Replies: 21
Views: 1213

Re: NS&I 5-year index linked certificate -- maturity options?

You can certainly at the moment convert a five year certificate to a three year one. I break mine up sometimes ... Sounds good. Thanks for the confirmation. The current rules show 2-, 3- and 5-year certificates available, but 2-year is only usable if you roll an existing 2-year one, so there's a so...
by TedSwippet
January 4th, 2019, 9:54 pm
Forum: Bank Accounts Savings & ISAs
Topic: NS&I 5-year index linked certificate -- maturity options?
Replies: 21
Views: 1213

NS&I 5-year index linked certificate -- maturity options?

This may be a bit of a long-shot, but has anyone recently had an NS&I 5-year Index Linked saving certificate mature? If so, what maturity options were you given? I have a 3-year one maturing later this month, and a 5-year one maturing somewhat after the RPI to CPI change (grrr) on May 1. My plan...
by TedSwippet
January 3rd, 2019, 4:27 pm
Forum: Taxes
Topic: Help Needed - An index tracker Non-ISA CGT strategy
Replies: 21
Views: 604

Re: Help Needed - An index tracker Non-ISA CGT strategy

Caution is required where capital losses are made on other assets. ... "Same year losses" are used up against "same year gains" even if that results in the annual allowance going unused. In this scenario any unused CGT allowance is lost. Indeed. This can be a major PITA with cap...

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