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Savings and Investments thread
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It does when you turn the blackboard over to the continuation calculation that concludes with the answer ‘score another goal’guinnessaddick said:
No, it doesn’t work out.letthegoodtimesroll said:
Isn’t that the formula for defending a one goal lead ?MrOneLung said:
Just tweaking my formula 2 -
Done.0
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Just wondering should there be a closing date for this?0
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Rob7Lee said:
So onto the 2021 challenge/competition. What will the FTSE 100 be on 30th June 2021?
Shall we say closing date a week today, 7th Jan?
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Done0
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Keep them coming, and would you believe two people have so far guessed the same number! 11 People up so far.1
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What’s this for? A quarter? The year?Rob7Lee said:Keep them coming, and would you believe two people have so far guessed the same number! 11 People up so far.0 - Sponsored links:
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So onto the 2021 challenge/competition. What will the FTSE 100 be on 30th June 2021?
Shall we say closing date a week today, 7th Jan?0 -
As above 30th June, we'll do another 31/12 at mid year point.guinnessaddick said:
What’s this for? A quarter? The year?Rob7Lee said:Keep them coming, and would you believe two people have so far guessed the same number! 11 People up so far.
Thanks to those so far, namely;oohaahmortimer Thread Killer No.1 in South London blackpool72 CharltonKerry HardyAddick Rob7Lee Covered End valleynick66 Huskaris bobmunro MrOneLung fat man on a moped
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I see Prague is keeping his powder dry and researching until last possible moment1
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Lets hear from;
@TelMc32 @CAFCsayer @Daarrrzzettbum Er_Be_Ab_Pl_Wo_Wo_Ch @Exiledin Manchester @Fortune 82nd Minute @Gary Poole @golfaddick @happy valley @LargeAddick @meldrew66 @PragueAddick @RalphMilne @Salad @StrikerFirmani @WishIdStayedInThe Pub @wwaddick 0 -
Hi @Rob7Lee
I think it is a bit of a shame that you have done this this way, and I didn't even get the chance to discuss it.
As I mentioned a couple of times, i think this competition has been helpful to everyone beyond the competitive element, namely the element of discussing openly the issues which we think might affect the index. This would especially help those who come on here quite unsure about investing and looking to learn something. If they are getting into investing, especially with funds, such discussion can help shpae their views, rather than just piling into fund names we toss out there. You've taken that away and even made the forecasts themselves 'covert'.
And did enough people get a chance to express their view on the interval (3/4/6/12 months)?
I'm sorry, I don't like this at all. Apart from anything else I fear it perpetuates the perception among Lifers that this thread is full of well-off people being very smug and full of themselves.
I'm willing to be persuaded but right now I feel I'll give this a miss.2 -
What a load of bull, just because you can't take control.
You can discuss anything you want exactly the same.
That post is the definition of self righteousness.0 -
Am I missing something here ?PragueAddick said:Hi @Rob7Lee
I think it is a bit of a shame that you have done this this way, and I didn't even get the chance to discuss it.
As I mentioned a couple of times, i think this competition has been helpful to everyone beyond the competitive element, namely the element of discussing openly the issues which we think might affect the index. This would especially help those who come on here quite unsure about investing and looking to learn something. If they are getting into investing, especially with funds, such discussion can help shpae their views, rather than just piling into fund names we toss out there. You've taken that away and even made the forecasts themselves 'covert'.
And did enough people get a chance to express their view on the interval (3/4/6/12 months)?
I'm sorry, I don't like this at all. Apart from anything else I fear it perpetuates the perception among Lifers that this thread is full of well-off people being very smug and full of themselves.
I'm willing to be persuaded but right now I feel I'll give this a miss.
he’s just getting our guesses for the first 6 month period in by the 7th Jan and then will share with all .
just in case covered end says 6000 I say 6001 and threadkiller says 5999 taking out covered ends range of winning numbers
no one can be influenced by others guesses
as for investment advice and opinions that carries on as normal
confused.com
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This is a bit of fun and should not, nor will it, detract from the primary benefits of this thread.PragueAddick said:uHi @Rob7Lee
I think it is a bit of a shame that you have done this this way, and I didn't even get the chance to discuss it.
As I mentioned a couple of times, i think this competition has been helpful to everyone beyond the competitive element, namely the element of discussing openly the issues which we think might affect the index. This would especially help those who come on here quite unsure about investing and looking to learn something. If they are getting into investing, especially with funds, such discussion can help shpae their views, rather than just piling into fund names we toss out there. You've taken that away and even made the forecasts themselves 'covert'.
And did enough people get a chance to express their view on the interval (3/4/6/12 months)?
I'm sorry, I don't like this at all. Apart from anything else I fear it perpetuates the perception among Lifers that this thread is full of well-off people being very smug and full of themselves.
I'm willing to be persuaded but right now I feel I'll give this a miss.2 -
Sorry if this isn't the place, my grandfather who was always the go to for investment as he worked at the LSE recently passed and I as the most like minded in the family have been given all of his assets, is there any hard reading you could recommend to help me get my head around it all. (understand the basics)0
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Sorry you feel like that Richard, it's just a bit of fun as said, we'll all still discuss savings and investments and at most i'll post up the scores at the end of a month if desired.PragueAddick said:Hi @Rob7Lee
I think it is a bit of a shame that you have done this this way, and I didn't even get the chance to discuss it.
As I mentioned a couple of times, i think this competition has been helpful to everyone beyond the competitive element, namely the element of discussing openly the issues which we think might affect the index. This would especially help those who come on here quite unsure about investing and looking to learn something. If they are getting into investing, especially with funds, such discussion can help shpae their views, rather than just piling into fund names we toss out there. You've taken that away and even made the forecasts themselves 'covert'.
And did enough people get a chance to express their view on the interval (3/4/6/12 months)?
I'm sorry, I don't like this at all. Apart from anything else I fear it perpetuates the perception among Lifers that this thread is full of well-off people being very smug and full of themselves.
I'm willing to be persuaded but right now I feel I'll give this a miss.
EDIT, think it was also yourself who wasn't keen on 3 months?0 - Sponsored links:
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This is the place!LTKapal said:Sorry if this isn't the place, my grandfather who was always the go to for investment as he worked at the LSE recently passed and I as the most like minded in the family have been given all of his assets, is there any hard reading you could recommend to help me get my head around it all. (understand the basics)
What sort of assets are we talking about, all individual shares? or is it wide ranging like gold etc.0 -
I am glad @PragueAddick has spoken up as I was a bit 🤔 earlier when I saw your original post @Rob7Lee. No offence but I was going to suggest a quarterly competition as I feel 6 months is a bit long in terms of market movements, especially in these somewhat uncertain terms. However, I'm happy to go with 6 months if that is what the majority prefers. The reason I haven't put in my prediction yet is that we have until the 7th & I want to gauge things first before diving straight in. Also, being a "professional" I feel I have a bit of pride at stake & don't want to look a chump predicting something rather outlandish.
As for @PragueAddick's other points. I don't feel other CL's see us as well off or full of themselves......far from it. I get a lot of enjoyment passing on my knowledge (even though I have recently been "used" and may have to alter my approach from now on) and believe most posters on here are general run of the mill Joe public who just want a bit of guidance in the tricky world of pensions & investment.4 -
I'm a bit biased so will stay out of this discussion......apart from saying the is no harm is speaking to a financial adviser.LTKapal said:Sorry if this isn't the place, my grandfather who was always the go to for investment as he worked at the LSE recently passed and I as the most like minded in the family have been given all of his assets, is there any hard reading you could recommend to help me get my head around it all. (understand the basics)0 -
I'm non plus as to whether quarterly, 6 monthly etc (I did originally suggest quarterly). 6 monthly numbers are coming in mind....... it's just a bit of fun.0
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Hi @Rob7Lee , well I quite agree that it is only a bit of fun, which is why I didn't really see the need to go all covert, it seemed to me to make it go all serious . What does it matter if for example I automatically lowered my prediction by 5% based on seeing what Golfie predictsRob7Lee said:I'm non plus as to whether quarterly, 6 monthly etc (I did originally suggest quarterly). 6 monthly numbers are coming in mind....... it's just a bit of fun.
My idea was that we'd take a few days, kick it around a bit, share our thoughts and in my case at least learn from others thoughts. I was certainly going to suggest that people do that - is this not also what the thread is for, discussing and sharing?- but not necessarily put their actual prediction down at that point, we could all do that on e.g 7.Jan, which seemed about right to me. Far from keeping my powder dry, I haven't even got round to properly thinking about it. I find the first few days of this year ideal for that sort of pondering, but again I guess that's just me.
6 months is OK for me, I just didn't think we'd actually heard from that many people. You'd also talked yesterday about a league table for the year, even if we had shorter time frame predictions. Whatever.. I was mainly taken by surprise when you announced it today, but of course you would not have a hangover :-)
@Covered End your remarks are absurd. You obviously missed my post yesterday in the run-in when I invited you to post up the full results as you obviously had your own spreadsheet, and as I wrote, I struggle with spreadsheets. Fortunately Rob posted his up instead and I'm perfectly happy, whoever runs it . What's self-righteous about hoping that people will get some useful thoughts from each other and then invest better as a result? I'm certainly grateful for that benefit.0 -
Sorry but I don’t see the problem Prague. Your guess in by the 7th after which RobLee will compile a spreadsheet and post it up with everyone’s guess. In July we go again. There is nothing to stop discussion and opinions and offering advice as normal. It may have be nice for Rob to consult you but I think you are making a mountain out of a molehill, in my opinion.PragueAddick said:Hi @Rob7Lee
I think it is a bit of a shame that you have done this this way, and I didn't even get the chance to discuss it.
As I mentioned a couple of times, i think this competition has been helpful to everyone beyond the competitive element, namely the element of discussing openly the issues which we think might affect the index. This would especially help those who come on here quite unsure about investing and looking to learn something. If they are getting into investing, especially with funds, such discussion can help shpae their views, rather than just piling into fund names we toss out there. You've taken that away and even made the forecasts themselves 'covert'.
And did enough people get a chance to express their view on the interval (3/4/6/12 months)?
I'm sorry, I don't like this at all. Apart from anything else I fear it perpetuates the perception among Lifers that this thread is full of well-off people being very smug and full of themselves.
I'm willing to be persuaded but right now I feel I'll give this a miss.2 -
Sorry if I've got it wrong.PragueAddick said:
Hi @Rob7Lee , well I quite agree that it is only a bit of fun, which is why I didn't really see the need to go all covert, it seemed to me to make it go all serious . What does it matter if for example I automatically lowered my prediction by 5% based on seeing what Golfie predictsRob7Lee said:I'm non plus as to whether quarterly, 6 monthly etc (I did originally suggest quarterly). 6 monthly numbers are coming in mind....... it's just a bit of fun.
My idea was that we'd take a few days, kick it around a bit, share our thoughts and in my case at least learn from others thoughts. I was certainly going to suggest that people do that - is this not also what the thread is for, discussing and sharing?- but not necessarily put their actual prediction down at that point, we could all do that on e.g 7.Jan, which seemed about right to me. Far from keeping my powder dry, I haven't even got round to properly thinking about it. I find the first few days of this year ideal for that sort of pondering, but again I guess that's just me.
6 months is OK for me, I just didn't think we'd actually heard from that many people. You'd also talked yesterday about a league table for the year, even if we had shorter time frame predictions. Whatever.. I was mainly taken by surprise when you announced it today, but of course you would not have a hangover :-)
@Covered End your remarks are absurd. You obviously missed my post yesterday in the run-in when I invited you to post up the full results as you obviously had your own spreadsheet, and as I wrote, I struggle with spreadsheets. Fortunately Rob posted his up instead and I'm perfectly happy, whoever runs it . What's self-righteous about hoping that people will get some useful thoughts from each other and then invest better as a result? I'm certainly grateful for that benefit.
It's how it came across to me.
"I didn't get the chance to discuss it, I don't like this at all, I feel I'll give this a miss".
I've no idea why you think we can't have a discussion anymore, not the slightest idea why you would think that.
PS I've got no spreadsheet, just used my head.1 -
Come on chaps.
I really enjoy this thread.
Save all the bollox for the political threads8 -
Question please for any inheritance tax specialists: If IHT is payable on a gift given less than 3 years before the death of person gifting, does the 40% IHT have to be paid by the gift recipient or from the deceased’s estate?0
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All individual shares, mostly in income funds.Rob7Lee said:
This is the place!LTKapal said:Sorry if this isn't the place, my grandfather who was always the go to for investment as he worked at the LSE recently passed and I as the most like minded in the family have been given all of his assets, is there any hard reading you could recommend to help me get my head around it all. (understand the basics)
What sort of assets are we talking about, all individual shares? or is it wide ranging like gold etc.0
