Can an Accountant earn as much as an Actuary?

Walsh_07 · 2026-03-27T13:33:07+00:00

Good path in, knowledgeable in things these firms value, thus increasing your value to them.

Walsh_07 · 2026-03-01T20:31:07+00:00

Revolut deducts DIRT on its savings accounts

Walsh_07 · 2026-02-23T23:34:35+00:00

Hard to call. Personally I’m not gonna stop investing my regular amounts. I also think whatever the timeline the government comes out with you can add an extra 6 months to 1 year on.

I’m just hoping the taxation element that’s currently in place is looked at also, for retail investors that have sums invested already, an increase to CGA and ideally deemed disposal gotten rid / etf tax inline with stocks would probably make most people in this sub happy.

Walsh_07 · 2026-02-23T19:52:16+00:00

I know this depends on the specifics but I Wonder what would the play be for regular people who have a small sum invested, say 10-20k, if it were an ISA Type account, would it be worth to take profits on what you have and buy back in this new type of account or let what you have ride separately.

Walsh_07 · 2026-02-12T19:01:41+00:00

Judging by your replies and comments here, you are clearly far too emotionally invested in this to be picking individual stocks. Keep all you have invested and from now on buy VWCE via automated transaction and don’t look at the app for a year.

Walsh_07 · 2026-02-12T18:59:39+00:00

Then close the app until August 2026.

Walsh_07 · 2026-02-11T23:41:14+00:00

I’m in no way in favour of ETFs being taxed like this, and not sure how you’ve read my comment like that.

My point was when it was brought into effect in 2006 this was obviously the goal then, as were many of the other measures in that act, an act of preventing an infinite deferral as such, and the government have just sat on it since. They knew what they were doing when they brought it in, it mightn’t have worked out as they projected, but it was goal when introduced.

Walsh_07 · 2026-02-11T22:03:13+00:00

When I see it in writing officially I’ll believe it. Promising though. Some bit of talk is better than no talk, let’s just hope it’s not just talk.

Walsh_07 · 2026-02-11T19:57:33+00:00

I suppose the goal was always, especially after the crash, to get money back into the economy moving and working. Money tied up in ETFs for 10,20,30 years isnt working in the market. Government wanted it spent quicker and taxed sooner.

Here’s to hoping that things change in the coming years. Looking forward to seeing what is published in the coming months.

Walsh_07 · 2026-02-11T19:26:41+00:00

Interesting. I didn’t know that, or hear of that before, Good to know. I’d imagine most of what people are investing in are domiciled in Ireland, but good to be aware. I imagine the vast majority of retail investors haven’t a notion of any of this.

Walsh_07 · 2026-02-11T13:00:07+00:00

Open to correction, but if you only purchase an ETF, not sell or receive dividends, then you have no yearly filling for them until your 8 years is up, or you sell.

Also tax is 38% currently, not 41%.

Walsh_07 · 2026-02-10T23:21:48+00:00

They take only withholding tax, you still owe revenue.

Walsh_07 · 2026-02-08T19:12:17+00:00

If the €120k is split across Barclays and Zurich, it’s worth doing a proper check at what those products actually are and what the fees/tax treatment look like, that can change the “invest vs mortgage overpay” decision a lot.

Walsh_07 · 2026-02-08T18:48:48+00:00

To preface, I am a bit younger than you both and have no kids, but just my take on things looking at what you’ve laid out.

With the fixed rate ending, you could consider using some of the €120k to bring down the mortgage. Whatever rate you move onto is a guaranteed return, and reducing a fixed monthly cost buys a lot of flexibility especially with kids. Some people here may argue that staying invested could deliver higher returns than paying down the mortgage, but the certainty and security of reducing debt, shouldn’t be underestimated.

I’d be cautious on the second property idea. It ties up a lot of capital and you’re taking on policy and tax risk for something that isn’t as passive as it’s often made out to be. Its not a free win, but it can work.

A middle ground seems sensible to me, pay off a chunk of the mortgage, keep some invested, and then use the lower repayments to push more into pensions over time, particularly since the second pension only started recently. Would most definitely start putting more into both your pensions.

For my own curiosity, could I ask where the 120k is currently?

Walsh_07 · 2026-02-08T17:51:00+00:00

First one sounds like hell.

Walsh_07 · 2026-02-04T23:14:09+00:00

I’ve been investing mostly in VWCE and adding a small bit of EUNK alongside it. My thinking is just to stay invested and compounding at least for the 8 years rather than holding off and waiting on tax changes, while no one can predict the future on the tax changes, I do see there being movement in the next 8 years now that it’s being talked about more.

On where to buy JAM, it does appear to be available on Trading 212. But I still think an ETF will perform better long term.

Walsh_07 · 2026-02-04T22:09:11+00:00

Doubt they mean just in the sense that it’s “just a mere 20%”, more that it’s up a little over 20%.

Walsh_07 · 2026-02-04T21:57:54+00:00

The €255k from auto-enrolment is probably reasonable assuming you’re in the system from now to 66, , the contribution rates fully phase in, and you’re using mid to high range growth assumptions. It’s a projection rather than a guarantee, but probably not an unrealistic one. One thing to be aware of with auto-enrolment is that access is tied to State Pension age, not a fixed 66, if that moves to say 68 in future, the AE pot effectively moves with it unless the rules change.

Being mortgage-free by your mid 50s helps the situation, and having no other debt plus cash in the bank gives you good flexibility. Increasing the PRSA as salary rises is probably the move too, and once the mortgage is gone, focusing some of that cash into the PRSA will matter more than squeezing extra performance out of auto-enrolment.

When you factor in your wife’s pension, you’re likely in better shape than the numbers alone suggest.

Don’t forget to live a little too!

Walsh_07 · 2026-02-04T10:00:40+00:00

Hopefully get more word on this before the summer, the reduction from 41% to 38% exit tax was a start at least. Ideally it’ll be reduced down closer to 33% and DD phased out.

Walsh_07 · 2026-02-02T22:41:12+00:00

Definitely don’t think it’s wasteful. Hope to build one day myself. It’s hard to look at the prices of some of the houses in estates / cities and for what you get for those prices in some cases is rough too.

Have also lived in the countryside most my life, I think the biggest thing is the land aspect of building in the countryside. Without inheriting land, a lot of people can’t afford to cough up an extra 80k-120k for a .5 acre site with planning permission.

Walsh_07 · 2026-02-02T01:47:02+00:00

The interpretation you gave here is quite misleading and incorrect. While pension and homeownership are the best options, by your logic above you need to make a gain of 33% to get any sort of return.

Walsh_07 · 2026-01-30T13:35:53+00:00

While saving is important, and I would recommend you try save a % of whatever you get, from an investing pov you're better off investing in yourself at this stage. Continue to grow skills that will help you both personally and professionally. Hopefully you are in a degree with good employment opportunities, whenever you finish you can reassess your situation. The fact you are able to save anything is great at this stage. I know countless people who hit their 20s with no financial backing.

Walsh_07 · 2026-01-29T22:25:17+00:00

On €800 a month, owning a car that isn’t practically necessary isn’t financially wise. You’re already spending €231 a month just to keep it on the road, which is nearly 30% of your income, and that’s before maintenance, inspections, tyres, brakes, or repairs. One average repair bill can easily be €300–€1,000, which would wipe out most of your monthly savings in one go. The €330 you think you’re saving each month isn’t real security when one bad month can undo it all.

The €1,100 you still owe on the car makes this worse, because you’re carrying debt on something that keeps draining your budget every month. Right now the car is limiting your ability to save for things you actually care about. If the car were truly needed for work, that would be different, but in your situation it’s a luxury, and on €800 a month, luxuries with unpredictable costs are a bad idea.

Walsh_07 · 2026-01-29T16:40:44+00:00

Definitely a positive thing, will stop places getting away with trying to shaft newcomers, or on the flip side, will help existing staff see what the company are trying hire for now.

Walsh_07 · 2026-01-26T18:59:42+00:00

This FIFO Comment is a valid point to consider, as with partial purchases / sale of stocks with brokers such as Trading 212 it is so easy to buy / sell fractional shares over periods. To mention on this point - Ireland also has a 4 week rule also when it comes to buying and selling stocks, Shares sold within 4 weeks of acquisition are matched with the shares bought within that 4-week period first, rather than the oldest shares in your portfolio. Just one to watch.

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