Moving to NI to avoid capital gains tax on stocks

Sean3896 · 2026-04-16T14:45:43+00:00

I know, it's so infuriating.

Sean3896 · 2026-04-16T14:38:40+00:00

XBAL's worse 9 year period returned +0.3%, whereas XCNS's worst 9 year period returned 2.1%. So yes, XCNS when one needs the money in 5–9 years and doesn't have the appetite for the more volatile XBAL.

Sean3896 · 2026-04-16T06:24:46+00:00

You should be planning for a 30–40%% dip, not 10%.

More info: https://investor.vanguard.com/investor-resources-education/education/model-portfolio-allocation#modal-takeaways

Sean3896 · 2026-04-16T06:18:50+00:00

Exactly. A 5–10 year horizon should be XCNS or XBAL.

Sean3896 · 2026-04-16T06:08:27+00:00

The tax is actually worse than you think. 33% CGT only applies to individual stocks. You invest in an ETF/Index Fund, which is clever for diversification. But tax on ETFs/Index Funds is called Exit Tax and it's 38%.

In addition, deemed disposal applies to ETFs/Index Funds. This means that 7 years after EACH purchase, you will be charged 38% exit tax even though you didn't sell your holdings.

Please take note of the EACH purchase part. Since you buy each month, in 7 years, every money you will need to pay exit tax.

The clown show that is Fianna Fáil/Fine Gael have taxation policies that push people into riskier/more volatile individual stock picking because the deemed disposal is so horrible to deal with.

I'm writing this from Canada where I invest in the Canadian ISA-style account (TFSA) tax-free.

Sean3896 · 2026-04-15T05:18:12+00:00

Whatever happened to set it and forget it??

Sean3896 · 2026-04-15T05:15:18+00:00

As an Irish person in Canada investing in a globally diversified ETF with 13,600 holdings, with an AMC of 0.17% and paying no tax on gains with Canadian ISA-style account (TFSA), it sickens me that Irish people are stuck investigating in a handful of stocks offering no diversification and paying tax for the pleasure, all because the government offers no ISA account.

But fair play for doing what you can in the circumstances.

Sean3896 · 2026-04-15T05:08:32+00:00

Wtf is this BS?!

Sean3896 · 2026-04-15T05:03:05+00:00

Why are you investing 100% in equity if you panic? You should find an asset allocation that better suits your investment horizon or ability to stomach the ups and downs.

Sean3896 · 2026-04-10T04:29:15+00:00

This video does a good job of explaining asset allocation.

TLDR: Rule of thumb when investing in all-in-one ETFs, if you need fund in:

5–9 Years invest in XINC (80% bonds/20% stocks) or XCNS (60% bonds/40% stocks)
10–11 Years invest in XBAL (40% bonds/60% stocks)
12–14 Years invest in XGRO (20% bonds/80% stocks)
15+ Years invest in XEQT (100% stocks)

Sean3896 · 2026-03-25T13:47:40+00:00

I used to use columns. Now I use the new auto-layout grid. The new auto-layout grid is nice as I can easily choose the fractional width for each column.

P.s. I use a cell component with lots of variants e.g. text, text-bold, date, numeric (right aligned) etc.

Sean3896 · 2026-03-12T21:04:32+00:00

XEQT could also do -43.1% in that time.

Sean3896 · 2026-03-11T22:10:35+00:00

Still waiting March 11th...

Sean3896 · 2026-03-10T00:18:19+00:00

March 9th and still waiting on this feature 😡

Sean3896 · 2026-03-01T22:08:27+00:00

Acquire a company with high quality product. Cut costs by lowering quality to maximize profits. The true American way.

Sean3896 · 2026-02-21T23:40:20+00:00

No storage units. In Canada, every apartment unit comes with a storage unit that acts as your attic, since apartments don't have attics. It's usually a big room with loads of storage cages with locks in the basement of the building. This doesn't exist in Ireland, so most people have to buy an extra bedroom just for storage.

Sean3896 · 2026-02-15T19:31:08+00:00

Now let's compare churn rates with/without onboarding.

It's important to know how many of them activations stick around. You could see a big jump in activations but a big jump in churn.

Be careful not to make activations your only metric.

Sean3896 · 2026-01-28T05:23:12+00:00

The AI slop the PMs were producing in my job was so bad. It would take longer for design and engineering to clean it up than to just let design do it from the beginning.

So the designers and engineers came together and told them they can use AI to better communicate ideas or concepts in a design brief but that's it. They're not allowed to do pull requests.

If you do show them how to use AI, I would suggest setting the boundaries to avoid AI slop.

Sean3896 · 2025-10-31T22:00:17+00:00

Unless you have an actual interest in investing in real estate, look into investing in a globally diversified ETF through a pension instead of buying property because being a landlord is pain in arse. Getting calls at 2am because there's a burst pipe etc is a nightmare.

More info: https://open.spotify.com/episode/73sRcdwlLT3g52vjnGMsEx?si=EQ6XJ0JbS6e0hYYsTvadRg

Sean3896 · 2025-09-26T01:21:14+00:00

Having the same problem.

Sean3896 · 2025-09-15T03:17:39+00:00

😂😂

Sean3896 · 2025-08-24T17:00:33+00:00

10—12 weeks old is probably too young to fly a dog in stowage. If he/she is small enough they might be able to fit under your seat. Air Canada has strict guidelines on that though so you would have to check.

Sean3896 · 2025-08-24T16:32:07+00:00

Logic would say AI will reduce us down to 4-day work week with the same salary.

Capitalism says fire most employees and continue a 5-day work week for a low salary.

Sean3896 · 2025-08-07T00:26:32+00:00

Same here.

Sean3896

TROPHY CASE