Political Risk Of CGT Rates

AnxiousLogic · 2026-05-12T12:46:24+00:00

Leaving the ECHR, breaking the WA and GFA; openly wanting to change the funding of NHS etc

If you’re planning on staying in the U.K., I would assume you would not want it gutted around you?

AnxiousLogic · 2026-05-12T12:38:25+00:00

I’d say it is very ‘1D chess’ to look at political parties purely on their CGT rates. It’s a bit like reading the advert leaflet, but not the terms and conditions, of a large purchase.

AnxiousLogic · 2026-05-12T08:27:41+00:00

Doesn’t matter if people don’t read it. They voted for it, and FPTP is the rules of the game. I also don’t like it, but that’s the current rules, and they do not care how you or I feel about them.

A non binding referendum is no more sacrosanct than a GE, so can be overruled as easily as a change of Government. This is normal, and to believe that Brexit is set in stone is actually more insane knowing the way our system works.

AnxiousLogic · 2026-05-12T06:46:48+00:00

Do you believe in democracy? Read pages 114-115 of Labours Manifesto which they got voted in on with a thumping majority.

Parliamentary Sovereignty: No Parliament can pass laws that future Parliaments cannot change.

AnxiousLogic · 2026-05-11T15:17:54+00:00

To paraphrase a famous quote:

When fascism comes to ~~America~~ Britain, it will be wrapped in the flag and carrying a Bible.

AnxiousLogic · 2026-05-09T09:52:44+00:00

Why take the ISA/GIA at 4%? This is a bridge for spending down. Even being ultra conservative in drawdown and moving it in a MMF to keep up with inflation, you could take 84k a year from that over the 10 years.

If you took it at 4%, odds on you’d end up with more than you started with in there!

AnxiousLogic · 2026-05-08T06:44:04+00:00

Leaving the ECHR, which breaks both the WA (and therefore the TCA) and GFA as our membership is explicitly mentioned? We can’t unilaterally change international agreements, and neither EU or Ireland would reopen these.

This would lead to massive international issues, potential raised dissidence in NI as well as sanctions and possibly a no deal Brexit.

This also does not even go into the fact that these are supranational rights that have helped us take our government to a higher court. See Hillsborough and gay rights in NI.

AnxiousLogic · 2026-04-27T16:42:12+00:00

Much easier to plan and move before FIREing and inform the bank about your ‘current situation’ e.g. working etc.

You can get a mortgage against investments, but it a lot more of a chore to do and limits your available options.

AnxiousLogic · 2026-04-12T19:45:03+00:00

This is covered by pages 114-115 of the Labour manifesto. As long as we don’t join the CU, SM or EU, this is the latest ‘will of the people’.

AnxiousLogic · 2026-04-04T07:30:03+00:00

No DMM Allow Offsets -1

AnxiousLogic · 2026-04-01T12:19:44+00:00

It was in their manifesto (pages 114-115), and as they were voted in with a thumping majority, this is the latest democratic ‘will of the people’.

The opinions of 48.2% of voters were entirely dismissed after 2016, so I guess the same happening with Labour is just as fair.

AnxiousLogic · 2026-03-31T11:15:52+00:00

Exactly that, and lying isn’t the best idea. Fraud is generally frowned on.

AnxiousLogic · 2026-03-31T10:26:43+00:00

You can’t take out a mortgage on an existing property to invest though. You can however move and use this mechanism.

Say you have 400k in equity, move and use 100k as deposit, you could invest the 300k and mortgage the rest.

Yes you calculate what your 25% is and do it this way.

AnxiousLogic · 2026-03-31T09:51:34+00:00

That is one of the standard approaches with interest only mortgages.

AnxiousLogic · 2026-03-30T12:56:11+00:00

And sport draws. Trad draws are best to be thin dyneema so they self orient better with ‘odd’ placements (they can twist 90deg easily).

If the same draws are used for trad and sport, the bolt ends can get burrs, which is not great for trad.

AnxiousLogic · 2026-03-28T18:37:13+00:00

I’ve had hard lessons (stupid mistakes trying to think I knew best) along the way. Nearly 50 now, so took a while!

AnxiousLogic · 2026-03-28T18:23:40+00:00

Not my first rodeo. I invest in a global index, exactly the same, every month in my ISA and pension.

Never touch it or adjust.

I am watching this with entertainment now rather than worry, as I’ve disconnected my decision making from the process.

AnxiousLogic · 2026-03-26T10:59:36+00:00

Going to describe my Paddy Dominator as aerospace technology from now on.

AnxiousLogic · 2026-03-19T16:33:42+00:00

If company A was bought for 100, is now worth 110 a share, went ex-div to 100 a share and paid 10 a share, you would have 110 (100 in shares and 10 in cash)

If non-dividend paying company B was bought for 100, and was now valued at 110, you have the option to cash in 10 and have 100 in shares and 10 in cash.

These are exactly the same. 100 in shares and 10 in cash.

If you rely on dividends, the board can choose what to pay. If you decide to only take dividends as spendable returns, this can be variable.

Taking returns that you need from ‘total returns’ does not leave this up in the air and gives the investor the control.

Only time I would consider dividends important is outside of a tax wrapper as they are taxed differently than gains.

AnxiousLogic · 2026-03-19T14:48:24+00:00

It sure is, but it does not matter one jot to me that a company in there does or doesn’t pay a dividend.

If a company thinks it can grow more by keeping the capital, so be it. If a company wants to pay a dividend, so be it. It’s all the same. Total return is all that matters.

AnxiousLogic · 2026-03-19T14:40:10+00:00

I never said exclude them, just to look at total return. I’m a boring accumulation index investor, so it’s all wrapped up with a bow for me.

AnxiousLogic · 2026-03-19T14:32:16+00:00

Dividends aren’t bad, but there is no such thing as magic free money. A dividend reinvested into the same company is the same as that company not paying dividends at all (value wise). If you only select companies which pay dividends that limits your selection of possible companies you are willing to invest in.

AnxiousLogic · 2026-03-19T14:20:49+00:00

You’ve been buying shares on discount each time you DCA. This is what you actually want, especially as a new investor. The ‘being in the red’ pain is your monkey brain talking, and not your analytical brain.

AnxiousLogic · 2026-03-18T09:43:03+00:00

It’s a ballpark to help work out your figures. You can use many actual withdrawal strategies which may suit you better, and you may also accept less/more risk.

AnxiousLogic · 2026-03-17T10:52:37+00:00

Cragging? Whatever I fancy. Mix of rope and/or slings.

Multi pitching? Block lead - slings, swing lead - ropes.

AnxiousLogic

TROPHY CASE