"If you buy and sell shares and make a profit then the tax man grabs takes their cut." - that is like saying do not make money (wage, salary, comes to mind) because the tax man is going to take their cut.
If you are making a profit you normally pay tax (making a profit).
I am making a profit right now, putting those profits straight into the bank (for what ever I want to buy, right now).
I am paying tax by making money right now, which helps stimulate the economy.
I had a 20 year plan to retire by 50, I retired at 47, in 2017 - By making money and paying tax.
My partner, of over 20years, has been a CPA for over 20 years working with KPMG (one of the Big Four) for a lot of those years.
Please stop trying to help me.
All the best in your investment decisions.
"If you buy and sell shares and make a profit then the tax man...
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