Dan Malone

Now, you can always view this in the portfolio view.

You can go into your portfolio and you can see like your daily gain and loss and you can see your total gain and loss over time.

It does get kind of tricky when you are euro cost averaging, i.e.

buying additional shares in ETFs every single month, because obviously you're going to be buying individual shares at different prices.

And then it becomes a bit of a exercise kind of tracking how those shares move over time.

And that in and of itself, again, is another really bad administrative problem.

burden put on taxpayers, which is another reason why the tax policy should be removed.

But I would encourage people to not let that put you off getting started.

I think we're far enough along now in our disgruntlement and the conversation that if you did start investing today, obviously I can't guarantee it because I'm not a policymaker, but I would say that eight years from now, I'd be very hopeful that it won't exist.

So

you shouldn't have an issue in terms of needing to constantly track where your unrealized gains are at.

And it will only be at the point of sale many, many years in the future that the actual gain will need to be assessed for tax.

Thank you.

Cheers.

Thanks for having me.

You're listening to The Irish Times.

Hello.

Yeah, honest.ie.

We launched it in January of this year.

Really, the basic idea was I just wanted to have a single place, a holistic place where someone who wanted to start learning about personal finance in Ireland could come and get information they need on savings, banking, investments, pensions, whatever.