New tax year, New divies. What will you be doing?

[PAH]

Probably cheaper than maintaining a girlfriend or wife.....

Yeah PAYG, no contract. Plus the 'golf courses' are always open, and you can play all 3 holes if you want.


I'll probably be helping fund my parents moving into a bungalow now they're too old and knackered to use stairs easily. Trying to delay them via renting first, to see if prices come down significantly in the next year or so. I dread the thought of piling my hard earned into bricks and mortar to see it in 'negative equity' within weeks.

Then again with real inflation outstripping interest rates by a significant margin, maybe cash or normal savings aren't a good idea either.

[Lockhouse]

Well done. On your way to property millionairedom.

Thanks! The kebab shop it's on top of is not at all smelly.

[d000hg]

Since I aim to avoid paying higher rate tax, and want to put 10k into my and my wife's ISAs (also saving for a deposit on a house), I ironically find myself in the position of figuring out what to do with company profits, while having to live fairly sensibly.

[NorthWestPerm2Contr]

Since I aim to avoid paying higher rate tax, and want to put 10k into my and my wife's ISAs (also saving for a deposit on a house), I ironically find myself in the position of figuring out what to do with company profits, while having to live fairly sensibly.

2 way warchest -
1) Your own personal savings
2) Profits left in the company for a rainy day

[xchaotic]

Buy and sell Shell, BP, United Utilities, ARM. If you are able to ride the waves for those then you will make a fortune. I have bought and sold Shell 2 times in the last 6 months. However made quite a loss on a bad recommendation of Randgold Resources. Also try out BATS and IMT.

That's from pure ISA share dealing or are you dipping your toes into spread betting as well (can't remember from the other threads)?
In any case I was going to ask about BP too, as it does sound sensible to look into it...

[SimonMac]

Probably cheaper than maintaining a girlfriend or wife.....

You've met my Ex then?

[NorthWestPerm2Contr]

That's from pure ISA share dealing or are you dipping your toes into spread betting as well (can't remember from the other threads)?
In any case I was going to ask about BP too, as it does sound sensible to look into it...

I don't do spread betting only ISA share dealing. BP and Shell are great shares to get when they go down. I managed to buy Shell at their recent dip and just sold them a couple of days ago when they were at the top (though they may yet go much higher).

[MrRobin]

2) Profits left in the company for a rainy day

OR

Funds left in the company to fund retirement, PRE-retirement age

[NorthWestPerm2Contr]

OR

Funds left in the company to fund retirement, PRE-retirement age

Though perhaps it would be better investing it (e.g. property) if you have the additional allowance e.g. via a partner.

[xchaotic]

Though perhaps it would be better investing it (e.g. property) if you have the additional allowance e.g. via a partner.

Agree with that opinion 100% - money left in cash is effectively a negative investment that is bound to lose value against anything else with govts printing money as quickly as they do now.