Optibiotix Health Share Discussion Threads

[2350220] 04/4/2019 08:32

Regards the Spreadbets discussion,
AFAIK since the rules all changed last year, you can only lose what capital you hold in your SB account.
So, slightly contrary to what Nobby is suggesting, I've got far greater possessions open, than I would dare with the original deal.
I haven't got stops, but if we tumble as badly as a Teresa May proposal, and I fall below the Margin requirement, then Spreadex will start closing my positions and I'll lose a lot of money.
But only as much as I've got in my account.
IF I've got this wrong, please do say.
I have underlying shares in my wife's & my ISAs and in my SIPP too.
All the best,
John

[lord loads of lolly] 04/4/2019 08:29

Nobbygnome - I think your wife WILL incur income tax if she draws £12K annually from her SIPP. Assuming she receives a state pension (which is paid gross but liable to income tax), that will also count towards her personal allowance.

[nobbygnome] 04/4/2019 08:25

Why is the price not up this morning with the high level of buys.....those sneaky MMs are playing games as usual!

[malreid] 04/4/2019 08:24

It's tax advantageous when investing and you don't pay CGT but you do get taxed on your drawdowns after the 25% allowance and annual personal allowance - where as an isa is very tax efficient

[pol123] 04/4/2019 08:21

Think the person who wanted to invest £1.5m is in the market now picking up stock

[nobbygnome] 04/4/2019 08:11

>> diplomat

Nope. No tax anywhere. You can take 25% out tax free and in my wife's case she will then take out 12k a year (tax free allowance) so no tax payable at all!

[scotty1] 04/4/2019 08:11

Buys going through on NEX also,looking good.

[rafboy] 04/4/2019 08:10

Seems we have big boys interested here now.

[scotty1] 04/4/2019 08:08

Nice 50k buy just through 😃,can see another blue day on it's way,news on the horizon perhaps ?

[diplomat65] 04/4/2019 08:06

I thought you paid tax when you sold shares in a SIPP if you withdrew rather than re-invested the proceeds.

[nobbygnome] 04/4/2019 07:47

You don't pay any tax on profits in a self invested pension plan and indeed the money is tax free when you put it in so I am wondering why people are saying otherwise....

[bernieboy] 04/4/2019 07:42

Just need a few more days down here Parab. My new pension scheme should be ready early next week. So for once in the last four years I don't want the rise to start just yet! Got the feeling it has turned now though and I will have to pay higher.......

[malreid] 04/4/2019 07:33

Nobby, Shrewdie - many thanks, understand now. My ISA's cover me from tax but my SIPP doesn't. i have done some spreadbetting with mixed results

[parob] 04/4/2019 07:30

Another blue day today and the chart will look even more enticing. We have been consolidating for 4 months so a pretty significant move is on the cards once we finally break out.

[nobbygnome] 04/4/2019 07:27

I see I caused a bit of a storm! So to answer a few points. In most cases I don't have stops so don't get closed out. Spread betting is no more risky than buying shares. If you are disciplined and just buy what you would have bought anyway, absolutely nothing is different except you won't pay CGT.

And the person worrying about me losing money, well the fact that I have a CGT problem shows I am a successful investor.....

Oh and I have some ISAs as well.....

The bottom line is that I am determined never to give the government any CGT which I consider to be a completely unfair regressive tax.

[shrewdmole] 04/4/2019 07:18

Guys it really isn’t for everyone.

It obviously suits nobby but a lot of people have caught a cold with spreads.

I’m surprised more of the B.B. is t about yesterday’s volume and the non rolled large trades?!

[toyin] 04/4/2019 07:16

scotty1, no you can hold as long as you want just keep rolling the contract over. You do have to pay a quarterly spread.

[scotty1] 04/4/2019 06:50

Nobby you say

"I am actually surprised anyone holds real shares any more. Spreadbetting is the way of the future IMHO. 95% of my OPTI share are now as spreadbets or in SIPPs."


The point with holding "real shares" is if the share price goes down you can still hold and hopefully wait for them to go back up,when spread betting if the share price goes down there's every chance you can get stopped out and lose the lot,don't actually know what the position is now with sb because it's over 10 yrs since i was with ig index but is't there a time limit for how long you can hold a sb ?

[owenmo] 04/4/2019 00:12

Always surprises me, observing from the wings as I do, that little or no attention is drawn to the facility within AIM to take up adventurous positions that are inherit-tax exempt! Or is all about "me" perhaps? What an opportunity, if one is prudent in stock selection, to enrich family members tax efficiently?

[dontshoutatonce] 03/4/2019 23:36

Nobby, DON'T SPREAD BET. IT ONLY ENDS IN TEARS. ODDS AND MM SHARKS ARE ALL OVER IT WHICHEVER COMPANY YOU USE. ONLY 20% PEOPLE EVER MAKE A PROFIT DOING IT. THE REST OF US HAVE LOST BIG-TIME.

[slartybartfaster] 03/4/2019 22:33

You pay tax via a SIPP.

[lord loads of lolly] 03/4/2019 22:18

Nobbygnome - isn't it just easier to invest through an ISA? An annual £20k investment allowance soon mounts up.

[asterix96] 03/4/2019 21:55

You don't get dividends on spreadbets!