Interactive Brokers ISA – A New Option?

I saw on Reddit yesterday that Interactive Brokers now offers an ISA. Potentially, this could be exciting news, opening up a new ISA option for Americans in the UK. Why? Because IBKR is both a) generally very low cost and b) friendly to US citizens outside the US. I already have Roth IRAs with IBKRContinue reading “Interactive Brokers ISA – A New Option?”

S&S ISA Experiment – December 2021

Now that the London market has closed for the year, it’s time for another update on my S&S ISA experiment – no huge changes since September 2021, but good to look back on 2021 and see how it’s gone. Very quick background – because of the PFIC limitations in holding index funds in an ISA,Continue reading “S&S ISA Experiment – December 2021”

Bridging to Retirement – Splitting SIPP & ISA Contributions

Edit 06Dec21: I realized that this is all completely wrong! You can get the same effect, without paying National Insurance, by just putting part of the money to the pension, then taking the 62% hit on the take home cash for an ISA. For example, for £1,000 of pre-tax income, put £475 in your salaryContinue reading “Bridging to Retirement – Splitting SIPP & ISA Contributions”

A Phased Approach to Emergency Funds

In my recent post on my approach to bonds and cash, I mentioned that I don’t have any dedicated emergency fund at all. I know this flies in the face of conventional personal finance wisdom, but I think I’ve got a pretty sound justification. My personal approach is not quite so aggressive as somebody likeContinue reading “A Phased Approach to Emergency Funds”

Practical Thoughts on the New Health & Social Care Levy

By now, we’ve all heard of the new Health & Social Care levy – but what does it really mean in practical terms? I’m not going to talk about the politics, or whether the levy is actually fit for purpose to improve the NHS and social care – I’m mostly keeping this blog apolitical. However,Continue reading “Practical Thoughts on the New Health & Social Care Levy”

My Approach to Bonds (and Cash)

I wrote about my overall asset allocation a while back (Part 1 & Part 2), but have been doing a fair amount of thinking late regarding the bond part, particularly in light of some more substantial cash savings from our remortgage that are eventually planned for home improvements/extensions, but with no clear timeline (at leastContinue reading “My Approach to Bonds (and Cash)”

S&S ISA Experiment – September 2021

I haven’t provided an update on my S&S ISA experiment since the May 2021 update, but 3 months on I think there might be a few interesting things to note. Very quick reminder – because of the challenges in holding index funds outside of a “pension” for Americans abroad, I’m trying a “pseudo-indexing” approach inContinue reading “S&S ISA Experiment – September 2021”