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flymo · 18-03-08, 07:24 PM

dont be soft taking the money, if the shares are worth more than the option price you are entitled to then take the shares and sell them immeadiately. Why would you ignore a profit.

Blue is right though in that you will be liable to tax on the sale but it you get somebody to estimate the cost of that for you then you can just factor that in.

I completed a 5 year term on this scheme and doubled my money, you cannot lose. The only risk is that if you take the shares and keep hold of them then the value may go down as well as up. However there is no pressure on you to take shares.

18-03-08, 07:24 PM	#8
flymo Member Mega Poster Join Date: Jan 2008 Location: North West Posts: 3,124	Re: Sharesave schemes at work?? dont be soft taking the money, if the shares are worth more than the option price you are entitled to then take the shares and sell them immeadiately. Why would you ignore a profit. Blue is right though in that you will be liable to tax on the sale but it you get somebody to estimate the cost of that for you then you can just factor that in. I completed a 5 year term on this scheme and doubled my money, you cannot lose. The only risk is that if you take the shares and keep hold of them then the value may go down as well as up. However there is no pressure on you to take shares.