I do try to look at the fundamentals for individual companies but I wonder what others are thinking about the bigger picture stuff around the budget.
Re AIM shares, if there is an announcement about the tax treatment of AIM shares, will this prompt a sell off, and if so will the sell off be overdone and thus potentially create a buying opportunity. I am now holding off investing in AIM until there is some clarity on this and also potentially disposing of some holdings now in the expectation of buy back later. I guess the risk is that the converse might happen but a lower AIM price post budget feels much more likely than pre.
Re CGT. I have become a long term holder generally, but I am considering crystallising some gains now before any potential rise in the tax rate, and conversely not crystallising losses until after the budget again even if subsequently reacquired (with due deference to the bed and breakfast rules obviously)
Re potential changes to ISA and pension rules, could they stimulate the market or prompt a sell off and thus create some opportunities?
Its all left me a bit reluctant to do anything, but it doesn't feel like the right time to be sitting on my hands.
I am sure there are some much wiser heads on here.
