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Savings and Investments thread

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  • meldrew66
    meldrew66 Posts: 2,561
    7535 please 
  • oohaahmortimer
    oohaahmortimer Posts: 34,145
    6767 for me please 
  • PragueAddick
    PragueAddick Posts: 22,144
    6767 for me please 
    Attaboy, bring some much needed pessimism to the party! :)
  • A far from convinced 7280 from me, please Rob.

    Will be interesting to see whether the traditional end of year rally can overcome the storm clouds that must surely be appearing on the horizon soon if inflation continues to rise.

    And October is always good for a bit of panic and a big sell-off! 


  • golfaddick
    golfaddick Posts: 33,626
    A far from convinced 7280 from me, please Rob.

    Will be interesting to see whether the traditional end of year rally can overcome the storm clouds that must surely be appearing on the horizon soon if inflation continues to rise.

    And October is always good for a bit of panic and a big sell-off! 


    I wouldn't worry about inflation as it's a bit of a misnomer. Inflation figures are based on a rolling 12 month period. July's figures were skewed as it contained prices from last July when we had just come out of lockdown 1 & the economy suddenly picked up. 
  • killer kish
    killer kish Posts: 2,019
    7440 for me please
  • Salad
    Salad Posts: 10,189
    7100
  • TelMc32
    TelMc32 Posts: 9,048
    I'm going to stick with my original 7080 please @Rob7Lee
  • Rob7Lee
    Rob7Lee Posts: 9,595
    Just a few days to go if you haven't said yet please do so asap;

    NameLevel
    No.1 in South London6985
    @TelMc327080
    Salad7100
    Thread Killer7159
    thecat7175
    Addick Addick7220
    cafc7-6htfc7228
    oohaahmortimer6767
    Fortune 82nd Minute7280
    Pedro457297
    Morboe7312
    Daarrrzzettbum7333
    wwaddick7340
    PragueAddick7350
    StrikerFirmani7355
    golfaddick7375
    Bangkokaddick7390
    blackpool727400
    RalphMilne7415
    Killer Kish7440
    Exiledin Manchester7450
    gunnessaddick7458
    Housty7466
    Hoof_it_up_to_benty7495
    CAFCWest7501
    Rob7Lee7505
    Covered End7512
    meldrew667535
    WishIdStayedInThe Pub7544
    Gary Poole7574
    CharltonKerry7594
    holyjo7612
    IdleHans7634
    LargeAddick7647
    valleynick667654
    MrOneLung7654
    KentAddick7676
    fat man on a moped7681
    HardyAddick7692
    Lonelynorthernaddick7700
    bobmunro7784
    Huskaris 
    Er_Be_Ab_Pl_Wo_Wo_Ch  
    CAFCsayer 
    happy valley 
  • redman
    redman Posts: 5,285
    I'll join the fun at 7255
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  • Rob7Lee
    Rob7Lee Posts: 9,595
    So just @Huskaris @Er_Be_Ab_Pl_Wo_Wo_Ch @CAFCsayer and @Happy Valley from previously, closing Saturday.
  • Huskaris
    Huskaris Posts: 9,848
    7596 please.
  • Addick Addict
    Addick Addict Posts: 39,767
    Rob7Lee said:
    Just a few days to go if you haven't said yet please do so asap;

    NameLevel
    No.1 in South London6985
    @TelMc327080
    Salad7100
    Thread Killer7159
    thecat7175
    Addick Addick7220
    cafc7-6htfc7228
    oohaahmortimer6767
    Fortune 82nd Minute7280
    Pedro457297
    Morboe7312
    Daarrrzzettbum7333
    wwaddick7340
    PragueAddick7350
    StrikerFirmani7355
    golfaddick7375
    Bangkokaddick7390
    blackpool727400
    RalphMilne7415
    Killer Kish7440
    Exiledin Manchester7450
    gunnessaddick7458
    Housty7466
    Hoof_it_up_to_benty7495
    CAFCWest7501
    Rob7Lee7505
    Covered End7512
    meldrew667535
    WishIdStayedInThe Pub7544
    Gary Poole7574
    CharltonKerry7594
    holyjo7612
    IdleHans7634
    LargeAddick7647
    valleynick667654
    MrOneLung7654
    KentAddick7676
    fat man on a moped7681
    HardyAddick7692
    Lonelynorthernaddick7700
    bobmunro7784
    Huskaris 
    Er_Be_Ab_Pl_Wo_Wo_Ch  
    CAFCsayer 
    happy valley 
    Typically crafty effort by Oohah - make the lowest prediction, then insert it in the middle of the table so no one notices 'til the deadline has passed! 
  • I'll come in with my standard pessimistic prediction - 6,500
  • Rob7Lee
    Rob7Lee Posts: 9,595
    Final numbers for year end:

    NameLevel
    No.1 in South London6985
    @TelMc327080
    Salad7100
    Thread Killer7159
    thecat7175
    Addick Addick7220
    cafc7-6htfc7228
    oohaahmortimer6767
    Redman7255
    Fortune 82nd Minute7280
    Pedro457297
    Morboe7312
    Daarrrzzettbum7333
    wwaddick7340
    PragueAddick7350
    StrikerFirmani7355
    golfaddick7375
    Bangkokaddick7390
    blackpool727400
    RalphMilne7415
    Killer Kish7440
    Exiledin Manchester7450
    gunnessaddick7458
    Housty7466
    Hoof_it_up_to_benty7495
    Er_Be_Ab_Pl_Wo_Wo_Ch 6500
    CAFCWest7501
    Rob7Lee7505
    Covered End7512
    meldrew667535
    WishIdStayedInThe Pub7544
    Gary Poole7574
    CharltonKerry7594
    Huskaris7596
    holyjo7612
    IdleHans7634
    LargeAddick7647
    valleynick667654
    MrOneLung7654
    KentAddick7676
    fat man on a moped7681
    HardyAddick7692
    Lonelynorthernaddick7700
    bobmunro7784
  • guinnessaddick
    guinnessaddick Posts: 28,617
    £100 this month from my PBS.
  • LargeAddick
    LargeAddick Posts: 32,560
    what hot-tub do you have that you can turn on only when using? Surely it takes an age to heat up?
  • PragueAddick
    PragueAddick Posts: 22,144
    Thought I'd throw this open, as it should be of interest to a fair few older bods. Investing for income.

    I'm finally selling my UK house, which means I will no longer have the rental income it provided. We are in no rush to invest in property elsewhere so I would like to re-invest the proceeds mainly in investments that generate income. While I'll be more comfortable with funds - and for this I'm expecting great advice from my newly appointed IFA ;) - a buddy locally who really knows his stuff financially, shared details of his share portfolio which generates decent income..some up to 8% pa. 

    So on the basis that *nobody is offering advice* I thought I'd share those equities he mentioned, and ask if anyone else cares to share any ideas for reliable income generating equities (or anything else).

    He does well out of tobacco, which I'm not going to touch; he has shares in Philip Morris, the Altria parent, and the local Czech operation, Tabak. 

    He has a couple in the banking sector even though he has misgivings about banks as businesses : Citigroup and Wells Fargo

    He invests in two of the actual companies whose business is funds ( I like this idea): Schroders and Jupiter

    He's got IBM, typical unfashionable but rock solid tech.

    And he  has AT&T although he admits he's not sure if this will be a good choice.


    Hopefully this is worth a general discussion, and I'll certainly be interested if any other punters have some holdings mainly for income.
  • bobmunro
    bobmunro Posts: 20,843
    edited August 2021
    Thought I'd throw this open, as it should be of interest to a fair few older bods. Investing for income.

    I'm finally selling my UK house, which means I will no longer have the rental income it provided. We are in no rush to invest in property elsewhere so I would like to re-invest the proceeds mainly in investments that generate income. While I'll be more comfortable with funds - and for this I'm expecting great advice from my newly appointed IFA ;) - a buddy locally who really knows his stuff financially, shared details of his share portfolio which generates decent income..some up to 8% pa. 

    So on the basis that *nobody is offering advice* I thought I'd share those equities he mentioned, and ask if anyone else cares to share any ideas for reliable income generating equities (or anything else).

    He does well out of tobacco, which I'm not going to touch; he has shares in Philip Morris, the Altria parent, and the local Czech operation, Tabak. 

    He has a couple in the banking sector even though he has misgivings about banks as businesses : Citigroup and Wells Fargo

    He invests in two of the actual companies whose business is funds ( I like this idea): Schroders and Jupiter

    He's got IBM, typical unfashionable but rock solid tech.

    And he  has AT&T although he admits he's not sure if this will be a good choice.


    Hopefully this is worth a general discussion, and I'll certainly be interested if any other punters have some holdings mainly for income.
    I've done well out of tobacco in the past (mainly BAT) but Philip Morris and especially Imperial are good recommendations.

    Others - GSK, Rio Tinto, and SSE or United Utilities. I would also add a bit of oil! - BP and/or Royal Dutch Shell.

    Edit: On the funds businesses, I would add M&G.
  • golfaddick
    golfaddick Posts: 33,626
    edited August 2021
    Thought I'd throw this open, as it should be of interest to a fair few older bods. Investing for income.

    I'm finally selling my UK house, which means I will no longer have the rental income it provided. We are in no rush to invest in property elsewhere so I would like to re-invest the proceeds mainly in investments that generate income. While I'll be more comfortable with funds - and for this I'm expecting great advice from my newly appointed IFA ;) - a buddy locally who really knows his stuff financially, shared details of his share portfolio which generates decent income..some up to 8% pa. 

    So on the basis that *nobody is offering advice* I thought I'd share those equities he mentioned, and ask if anyone else cares to share any ideas for reliable income generating equities (or anything else).

    He does well out of tobacco, which I'm not going to touch; he has shares in Philip Morris, the Altria parent, and the local Czech operation, Tabak. 

    He has a couple in the banking sector even though he has misgivings about banks as businesses : Citigroup and Wells Fargo

    He invests in two of the actual companies whose business is funds ( I like this idea): Schroders and Jupiter

    He's got IBM, typical unfashionable but rock solid tech.

    And he  has AT&T although he admits he's not sure if this will be a good choice.


    Hopefully this is worth a general discussion, and I'll certainly be interested if any other punters have some holdings mainly for income.
    Have a look at what shares the equity income funds and the equity & bond funds are investing in. Then there are high yielding bonds. But not many shares are paying dividends atm....especially not in excess of 4%. This is why investing for income is very tricky in a low interest rate world. You could also look at the deposit/income based Structured Products, but nothing is going to give you anything above 4%. My mantra over the years is to go for growth & then take income from the capital. A balanced portfolio should return an average of 6%-8% over a 10 year period. Take 5% income from that annually & you wont go too far wrong. Or, in my pre IFA days, we would look at Distribution & With Profit funds - usually held in an Investment Bond. I'm sure your friendly IFA is looking at the Offshore versions for you 😉. Problem with individual shares is risk & tax. Much better inside a collective......
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  • Rob7Lee
    Rob7Lee Posts: 9,595
    I'm with Golfie, go for growth and my Structured products currently look healthier than 4% @golfaddick !

    Can you have an ISA or do you have an equivalent in your country?

    PS £25 for me on the PB's, £100 for Mrs R7Lee and that bl00dy father in law of mine wins again with 2x £25! Nothing for the kids.
  • PragueAddick
    PragueAddick Posts: 22,144
    Rob7Lee said:
    I'm with Golfie, go for growth and my Structured products currently look healthier than 4% @golfaddick !

    Can you have an ISA or do you have an equivalent in your country?

    PS £25 for me on the PB's, £100 for Mrs R7Lee and that bl00dy father in law of mine wins again with 2x £25! Nothing for the kids.
    Nope, not enough retail investors in this country yet. But the tax regime for investments is relatively benign too. The govt issued some six year retail bonds with an interest rate of inflation plus 0.5%. I did buy some and for a while that looked like nothing more than a patriotic gesture in return for my citizenship, bit for most of this year inflation here has been running at 3%, so suddenly they look OK and I wish I'd bought more. I also have done well with a 2 year property bond recommended by my accountants, 7%, interest paid half yearly - but the borrower was sos successful that it paid back 66% of the debt at the end of the first year. Otherwise not much locally worth getting into. Prague property is experiencing the same sort of bubble that London has seen but I think that ship has already sailed and I just can't be arsed with looking after another property at this stage. There was a time when I was talking about joining with my sister in looking for a place in south-west France, but YouKnowWhat has put paid to that little dream. So boring income investment it is, then...

    I certainly wasn't thinking of relying on equity stocks to provide the income I need - after so many years of swerving stocks that would be bizarre at this stage of my life, but I thought that a small portfolio of solid dividend payers might be worth having as part of the overall approach. 
  • Daarrzzetbum
    Daarrzzetbum Posts: 1,236
    Naff all PB’s wise
  • Fuck all PB’s
  • Bangkokaddick
    Bangkokaddick Posts: 4,295
    £25 after two blank months.

  • Rob7Lee
    Rob7Lee Posts: 9,595
    Rob7Lee said:
    I'm with Golfie, go for growth and my Structured products currently look healthier than 4% @golfaddick !

    Can you have an ISA or do you have an equivalent in your country?

    PS £25 for me on the PB's, £100 for Mrs R7Lee and that bl00dy father in law of mine wins again with 2x £25! Nothing for the kids.
    Nope, not enough retail investors in this country yet. But the tax regime for investments is relatively benign too. The govt issued some six year retail bonds with an interest rate of inflation plus 0.5%. I did buy some and for a while that looked like nothing more than a patriotic gesture in return for my citizenship, bit for most of this year inflation here has been running at 3%, so suddenly they look OK and I wish I'd bought more. I also have done well with a 2 year property bond recommended by my accountants, 7%, interest paid half yearly - but the borrower was sos successful that it paid back 66% of the debt at the end of the first year. Otherwise not much locally worth getting into. Prague property is experiencing the same sort of bubble that London has seen but I think that ship has already sailed and I just can't be arsed with looking after another property at this stage. There was a time when I was talking about joining with my sister in looking for a place in south-west France, but YouKnowWhat has put paid to that little dream. So boring income investment it is, then...

    I certainly wasn't thinking of relying on equity stocks to provide the income I need - after so many years of swerving stocks that would be bizarre at this stage of my life, but I thought that a small portfolio of solid dividend payers might be worth having as part of the overall approach. 
    The potential problem with`Solid dividend payers' is the share price is directly linked of course, so if they go bad not only does the dividend disappear or reduce so does your capital value.

    I'll leave mine in mostly growth funds when I start to retire/drawdown. Chasing income isn't needed if you continue to, on average, grow your overall pot by at least inflation. Remember you can't take it with you so at some point spending capital is no bad thing.
  • TelMc32
    TelMc32 Posts: 9,048
    2 x £25 on the Premium Bonds.

    I also mentioned a while ago that I was looking at moving my DB Pension out to a drawdown and was going through the process of advice to do that.  Got the OK on the 23rd June and then took a week to get the funds transferred.  Handed in my “resignation with benefits” on the 30th.  Still have just under 2 months of work, but the SIPP has almost made back the fee for the advice already and I am really looking forward to closing the work laptop for the last time!  😁
  • letthegoodtimesroll
    letthegoodtimesroll Posts: 10,619
    edited August 2021
    £25 after two blank months.

    2 x £25 for me, 1 x £25 for mrs ltgtr. 17 wins between us this year albeit just £525 in total but nice to get. I’ve had 3 blank months this year, mrs ltgtr 2 blank months. You just hope it evens up over the year, that and get a big prize one day.
  • Rob7Lee said:
    I'm with Golfie, go for growth and my Structured products currently look healthier than 4% @golfaddick !

    Can you have an ISA or do you have an equivalent in your country?

    PS £25 for me on the PB's, £100 for Mrs R7Lee and that bl00dy father in law of mine wins again with 2x £25! Nothing for the kids.
    Is he still on his hot streak of however many months?
  • Chaz Hill
    Chaz Hill Posts: 5,217
    Thought I'd throw this open, as it should be of interest to a fair few older bods. Investing for income.

    I'm finally selling my UK house, which means I will no longer have the rental income it provided. We are in no rush to invest in property elsewhere so I would like to re-invest the proceeds mainly in investments that generate income. While I'll be more comfortable with funds - and for this I'm expecting great advice from my newly appointed IFA ;) - a buddy locally who really knows his stuff financially, shared details of his share portfolio which generates decent income..some up to 8% pa. 

    So on the basis that *nobody is offering advice* I thought I'd share those equities he mentioned, and ask if anyone else cares to share any ideas for reliable income generating equities (or anything else).

    He does well out of tobacco, which I'm not going to touch; he has shares in Philip Morris, the Altria parent, and the local Czech operation, Tabak. 

    He has a couple in the banking sector even though he has misgivings about banks as businesses : Citigroup and Wells Fargo

    He invests in two of the actual companies whose business is funds ( I like this idea): Schroders and Jupiter

    He's got IBM, typical unfashionable but rock solid tech.

    And he  has AT&T although he admits he's not sure if this will be a good choice.


    Hopefully this is worth a general discussion, and I'll certainly be interested if any other punters have some holdings mainly for income.
    Surprised you aren’t seeking advice over on the Crypto thread  :)

    Finally £25 for me this month from the PBs. Junior also got £25 but nothing for Mrs Chaz.