Forum menu
Pay for storage and it's subject to capital gains tax?
Doesn't seen like the best option...
Coins produced by the mint are legal tender and CGT free. So just the storage cost and I'm not sure what fees you'll be paying on your ETF but it won't be £0.
Edit - ah if it's that DigiGold then this is not buying coins & having them stored by the mint, but fractions of bars so isn't CGT free. Definitely not tax efficient in that case. But you can buy coins & have them store it instead.
Thanks for the input all.
My standards for an ethical account have been very high, which is why I started with Triodos. And I'd still say not investing in arms is the right thing - they make their money by selling the arms, not through trading stocks and shares.
I'll explore the other options you've all suggested and see if any of them suit.
It doesn’t open anything, it is a pasted image and has no access to my summary. Cheers though.
There's an arrow on the left to go to another image/screenshot. Looks like a % summary of expenditure
That isn't Drac's image, that is the image that was posted by robola earlier in the thread...think Drac and someone else said the same earlier as well.
Ah, so basically, a list of all images in the thread
All the ethical funds I've invested in have lost value since 2021. I've now got it split across a generic "moderately adventurous" passive fund, a "cautious" fund, and some cash in an ISA.
Looking at the overvaluation of big US companies makes me quite worried about having anything invested there at this point.
I guess thats a question for anyone who invests really - how ethical can you really be if you want to make good gains, and how/where do you draw the line?
I'm a bit concerned about about the Magnificent 7 being overvalued so I've got 2 ETFs - an all world which is very US & Tech centric as thats what's doing well at the moment but I've hedged against it slightly by having about 75% in 'all world' and about 25% in VEUA, which is a little bit like S&P500 but only Europe and UK companies.
But I'm not hugley concerned as I know the tech industry more than any other due to my job and my interests - google is not going anywhere, Nvidia is not going anywhere etc.. there may be slumps but thats investing 101 i guess- you need to be able to afford to leave your money in during slumps and wait for recovery.
Theres a little bit of duplication of shares across the two funds but nothing huge and I bought VEUA for more exposure to Europe anyway.
hmm. re overvalued tech shares, Cory Doctorow on the ai bubble. As someone who has yet to see any real value from ai I can’t help thinking he might be onto something.
This was my first-ever speech about AI and I wasn't sure how it would go over, but thankfully, it went great and sparked a lively Q&A. One of those questions came from a young man who said something like "So, you're saying a third of the stock market is tied up in seven AI companies that have no way to become profitable and that this is a bubble that's going to burst and take the whole economy with it?"
I said, "Yes, that's right."
He said, "OK, but what can we do about that?"
So I re-iterated the book's thesis: that the AI bubble is driven by monopolists who've conquered their markets and have no more growth potential, who are desperate to convince investors that they can continue to grow by moving into some other sector, e.g. "pivot to video," crypto, blockchain, NFTs, AI, and now "super-intelligence." Further: the topline growth that AI companies are selling comes from replacing most workers with AI, and re-tasking the surviving workers as AI babysitters ("humans in the loop"), which won't work. Finally: AI cannot do your job, but an AI salesman can 100% convince your boss to fire you and replace you with an AI that can't do your job, and when the bubble bursts, the money-hemorrhaging "foundation models" will be shut off and we'll lose the AI that can't do your job, and you will be long gone, retrained or retired or "discouraged" and out of the labor market, and no onewill do your job. AI is the asbestos we are shoveling into the walls of our society and our descendants will be digging it out for generations:
https://pluralistic.net/2025/09/27/econopocalypse/#subprime-intelligence
For those who were interested in the digital gold, here’s how it currently stands for me after 11 months.
You guys who own gold, who would you try and sell it to if you wanted out?I,ve heard there's a lot of shysters out there.Dont know if that's true or not mind.
I just click on the sell button on the UI or ajbell UI.
Nvidia is not going anywhere etc
They will probably downside massively in future due to a very large chuck of the market gone. They still hold 54% of the market but that will be quickly eroded in the next few years.
If one had pretty much maxxed out the ISA allowance this year, but wanted to put 5-8k away now, where would you put it? Still in Gold?
History suggests that “time in the market” (riding out the wobbles) works better than “timing the market” (not only selling at market highs but also getting in at market lows) but sometimes things make you think hmmm. The recent deals between OpenAI and AMD (buying chips off AMD and also taking a stake in AMD) and OpenAI and Nvidia (buying chips off Nvidia and Nvidia taking a stake in OpenAI) have a degree of circularity to them which is very reminiscent of the late 90s tech boom and very much associated with previous stock market bubbles. It may turn out to be a false alarm but if things do go pop these deals will be held up as evidence it had all got out of control.
If one had pretty much maxxed out the ISA allowance this year, but wanted to put 5-8k away now, where would you put it? Still in Gold?
In my pension. Investing in the same things as in my ISA.