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Savings and Investments thread
Comments
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Unless they are strict savers and saving a larger amount of their pay on higher rates.0
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I doubt it.....thought they were all saying they were having to use food banks & working for £14 hr.mendonca said:Unless they are strict savers and saving a larger amount of their pay on higher rates.1 -
I hold L&G. Just had some decent results but sold off nonetheless - apparently the market was expecting a bigger share buy-back. I think long term they are going to benefit from their strategy.PragueAddick said:
Thanks..I'm currently about 10% down overall on my DL holding, which I mainly bought as an income stock, so naturally as soon as I did that they stopped paying dividends😂 I was hoping to get out at more or less parity and then invest the proceeds in L&G which is generally considered safe, and also pays a quite juicy dividend. L&G looks quite cheap right now. I wonder whether therefore I should do this today...but what if the DL rise is due to some kind of whisper that they may become a takeover target, in which case I might be better to wait at least until I know what's going on there...WishIdStayedinthePub said:Mainly China woes - property bubble threatening again (a major property company missed its bond payments last weekend); Chinese tech companies posting bad results; Chinese economic data woeful.
On top of that a slightly more hawkish tone from the FED minutes this week is raising bond yields and affecting high PE/growth and high yield stocks in particular.
No idea why DL is rising - most insurance companies are getting hit with the rising bond yields issue.
If you sell DL while it's on the up and buy L&G while it's depressed, you are theoretically risk neutral on the sector (although they are very different types of insurance companies). The alternative is cash, of course ...0 -
Not done this before but, if allowed, 7401.2
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Suspect it's to do with good results from Admiral this week on the back of them hiking premiums significantly. I have a few ADM shares (happy) but they've just jacked up my house insurance renewal by 50% (not happy) so I've given them the Arkell v Pressdram on that one. Though they offered me a reduction of about 10% when I asked them to cancel my auto-renewal it wasnt enough.PragueAddick said:
Thanks..I'm currently about 10% down overall on my DL holding, which I mainly bought as an income stock, so naturally as soon as I did that they stopped paying dividends😂 I was hoping to get out at more or less parity and then invest the proceeds in L&G which is generally considered safe, and also pays a quite juicy dividend. L&G looks quite cheap right now. I wonder whether therefore I should do this today...but what if the DL rise is due to some kind of whisper that they may become a takeover target, in which case I might be better to wait at least until I know what's going on there...WishIdStayedinthePub said:Mainly China woes - property bubble threatening again (a major property company missed its bond payments last weekend); Chinese tech companies posting bad results; Chinese economic data woeful.
On top of that a slightly more hawkish tone from the FED minutes this week is raising bond yields and affecting high PE/growth and high yield stocks in particular.
No idea why DL is rising - most insurance companies are getting hit with the rising bond yields issue.
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FTSE100 down again this morning. Down 3.5% this week and down almost 5% since the start of the month. Same with the US and Europe down 6% over the past 3 weeks.
tough August. I blame Methven & Co
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Me too, I worked for them 2000-2006 and did very well on the shares back then. Good company.WishIdStayedinthePub said:
I hold L&G. Just had some decent results but sold off nonetheless - apparently the market was expecting a bigger share buy-back. I think long term they are going to benefit from their strategy.PragueAddick said:
Thanks..I'm currently about 10% down overall on my DL holding, which I mainly bought as an income stock, so naturally as soon as I did that they stopped paying dividends😂 I was hoping to get out at more or less parity and then invest the proceeds in L&G which is generally considered safe, and also pays a quite juicy dividend. L&G looks quite cheap right now. I wonder whether therefore I should do this today...but what if the DL rise is due to some kind of whisper that they may become a takeover target, in which case I might be better to wait at least until I know what's going on there...WishIdStayedinthePub said:Mainly China woes - property bubble threatening again (a major property company missed its bond payments last weekend); Chinese tech companies posting bad results; Chinese economic data woeful.
On top of that a slightly more hawkish tone from the FED minutes this week is raising bond yields and affecting high PE/growth and high yield stocks in particular.
No idea why DL is rising - most insurance companies are getting hit with the rising bond yields issue.
If you sell DL while it's on the up and buy L&G while it's depressed, you are theoretically risk neutral on the sector (although they are very different types of insurance companies). The alternative is cash, of course ...0 -
The price is just starting to tick back up this morning - that you moving the market, @PragueAddick ?Rob7Lee said:
Me too, I worked for them 2000-2006 and did very well on the shares back then. Good company.WishIdStayedinthePub said:
I hold L&G. Just had some decent results but sold off nonetheless - apparently the market was expecting a bigger share buy-back. I think long term they are going to benefit from their strategy.PragueAddick said:
Thanks..I'm currently about 10% down overall on my DL holding, which I mainly bought as an income stock, so naturally as soon as I did that they stopped paying dividends😂 I was hoping to get out at more or less parity and then invest the proceeds in L&G which is generally considered safe, and also pays a quite juicy dividend. L&G looks quite cheap right now. I wonder whether therefore I should do this today...but what if the DL rise is due to some kind of whisper that they may become a takeover target, in which case I might be better to wait at least until I know what's going on there...WishIdStayedinthePub said:Mainly China woes - property bubble threatening again (a major property company missed its bond payments last weekend); Chinese tech companies posting bad results; Chinese economic data woeful.
On top of that a slightly more hawkish tone from the FED minutes this week is raising bond yields and affecting high PE/growth and high yield stocks in particular.
No idea why DL is rising - most insurance companies are getting hit with the rising bond yields issue.
If you sell DL while it's on the up and buy L&G while it's depressed, you are theoretically risk neutral on the sector (although they are very different types of insurance companies). The alternative is cash, of course ...
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Seems a bit unfair blaming the strikers in particular.golfaddick said:FTSE fell earlier this week with the news of higher pay increases, which the market felt could lead to the BOE increasing rates further as higher pay leads to more spending which leads to higher inflation.
I attended a seminar yesterday about Bonds - gilts mainly. This particular fund management company is now thinking the base rate will hit 6% by the end of the year & wont start falling until 2025. By 2027 we might see the base rate around 3%.
So, all that the strikers (doctors, nurses, teachers, train drivers etc etc) have achieved is to make themselves worse off by having to endure higher interest rates for longer.
Surely this is mainly down to pay rises of 6 -7% achieved by normal workers in the private sector without needing to strike. Let's hope they don't get 8% next year!2 -
I also use Interactive Brokers (as well as Swissquote in Lux) and they are pretty good, but one thing to keep in mind is the $60K threshold for cash and/or US domiciled stocks/funds. Once you go over this figure you can be liable for taxation on your estate, ie. if you die you will be taxed as if you were a US resident.WishIdStayedinthePub said:Haven't been on for a while and notice the interest in alternatives to HL. I finally switched to them this year, having been a customer since 1991. I've moved to Interactive Brokers, the US discount broker.
Main benefits
- lower/comporable admin fees, despite having to pay a separate SIPP administrator
- lower trading commissions - typically £3 for a UK stock, usually $1 for US and sometimes free, no minimum volume
- much, much lower fx costs - they effectively allow you to run a multi-currency account and switch between ccys at bank rate; Consequently, I'm still booking US trades at $1.30/£; and, e.g. buying, say, 10k of Microsoft for $1.02 fees all in.
- decent interest on cash balances; e.g I've been getting 4.83% on dollar deposits for months
- diret market access means I generally get a much better price than I would via HL (thought see below)
- incredible reporting and risk management - professional level but easy to understand, e,g. will chart your holdings allocations again a benchmark and show where you are out- and under-performing that benchmark on a really easy to understand 2-d chart
- proper performance reporting and all sorts of nuggets like it will project your dividend income and give you bundled access to all sorts of fundamental analysis and news
Disadvantages
- you have to wait the 2 days for a stock to clear and settle before you can use that cash
- a lot of people might find the interface complicated, though the web interface I think is pretty clear (difficult one for me to judge, as I spent most of my adult life designing and building trading systems)
- having to set up a separate SIPP admin - aggro initially but worth it in the end
- some illiquid UK stocks are a little clunky to trade - direct market orders can sit there all day; whereas HL (and IG) take on the risk on your behalf immediately.
- you have to pay for market data, but then the data is better and it's always been refunded with maybe 2-3 trades a month.2 - Sponsored links:
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Talking -18% last financial year, -10% year before that, -22% last 12 months. Stinkermendonca said:
Give us some numbers?Oh_Yoni_Boy said:Done a little review and have taken a bit of a hammering in my UK real estate fund, asleep at the wheel to not see that one coming... Think it's a case of get out whilst there's still a chance?0 -
What fund are you in ? As I said, last 12-18 months have been bad for UK property funds, but before then some were doing really well. My main recommended fund was L&G property which had made gains in most years since 2016. Some funds have closed completely and its taken over a year to get the money out.Oh_Yoni_Boy said:
Talking -18% last year, -10% year before that, -22% last 12 months. Stinkermendonca said:
Give us some numbers?Oh_Yoni_Boy said:Done a little review and have taken a bit of a hammering in my UK real estate fund, asleep at the wheel to not see that one coming... Think it's a case of get out whilst there's still a chance?0 -
I wasn't aware of that. Are you sure that applies to a UK registered SIPP? Would seem unlikely but would need to check to be sure.QatarNapsy said:
I also use Interactive Brokers (as well as Swissquote in Lux) and they are pretty good, but one thing to keep in mind is the $60K threshold for cash and/or US domiciled stocks/funds. Once you go over this figure you can be liable for taxation on your estate, ie. if you die you will be taxed as if you were a US resident.WishIdStayedinthePub said:Haven't been on for a while and notice the interest in alternatives to HL. I finally switched to them this year, having been a customer since 1991. I've moved to Interactive Brokers, the US discount broker.
Main benefits
- lower/comporable admin fees, despite having to pay a separate SIPP administrator
- lower trading commissions - typically £3 for a UK stock, usually $1 for US and sometimes free, no minimum volume
- much, much lower fx costs - they effectively allow you to run a multi-currency account and switch between ccys at bank rate; Consequently, I'm still booking US trades at $1.30/£; and, e.g. buying, say, 10k of Microsoft for $1.02 fees all in.
- decent interest on cash balances; e.g I've been getting 4.83% on dollar deposits for months
- diret market access means I generally get a much better price than I would via HL (thought see below)
- incredible reporting and risk management - professional level but easy to understand, e,g. will chart your holdings allocations again a benchmark and show where you are out- and under-performing that benchmark on a really easy to understand 2-d chart
- proper performance reporting and all sorts of nuggets like it will project your dividend income and give you bundled access to all sorts of fundamental analysis and news
Disadvantages
- you have to wait the 2 days for a stock to clear and settle before you can use that cash
- a lot of people might find the interface complicated, though the web interface I think is pretty clear (difficult one for me to judge, as I spent most of my adult life designing and building trading systems)
- having to set up a separate SIPP admin - aggro initially but worth it in the end
- some illiquid UK stocks are a little clunky to trade - direct market orders can sit there all day; whereas HL (and IG) take on the risk on your behalf immediately.
- you have to pay for market data, but then the data is better and it's always been refunded with maybe 2-3 trades a month.1 -
That’s quite a big drawback.QatarNapsy said:
I also use Interactive Brokers (as well as Swissquote in Lux) and they are pretty good, but one thing to keep in mind is the $60K threshold for cash and/or US domiciled stocks/funds. Once you go over this figure you can be liable for taxation on your estate, ie. if you die you will be taxed as if you were a US resident.WishIdStayedinthePub said:Haven't been on for a while and notice the interest in alternatives to HL. I finally switched to them this year, having been a customer since 1991. I've moved to Interactive Brokers, the US discount broker.
Main benefits
- lower/comporable admin fees, despite having to pay a separate SIPP administrator
- lower trading commissions - typically £3 for a UK stock, usually $1 for US and sometimes free, no minimum volume
- much, much lower fx costs - they effectively allow you to run a multi-currency account and switch between ccys at bank rate; Consequently, I'm still booking US trades at $1.30/£; and, e.g. buying, say, 10k of Microsoft for $1.02 fees all in.
- decent interest on cash balances; e.g I've been getting 4.83% on dollar deposits for months
- diret market access means I generally get a much better price than I would via HL (thought see below)
- incredible reporting and risk management - professional level but easy to understand, e,g. will chart your holdings allocations again a benchmark and show where you are out- and under-performing that benchmark on a really easy to understand 2-d chart
- proper performance reporting and all sorts of nuggets like it will project your dividend income and give you bundled access to all sorts of fundamental analysis and news
Disadvantages
- you have to wait the 2 days for a stock to clear and settle before you can use that cash
- a lot of people might find the interface complicated, though the web interface I think is pretty clear (difficult one for me to judge, as I spent most of my adult life designing and building trading systems)
- having to set up a separate SIPP admin - aggro initially but worth it in the end
- some illiquid UK stocks are a little clunky to trade - direct market orders can sit there all day; whereas HL (and IG) take on the risk on your behalf immediately.
- you have to pay for market data, but then the data is better and it's always been refunded with maybe 2-3 trades a month.0 -
Any opinions of Nutmeg (jp) thinking about using as bank entirely with Chase so ease of access. If not any decent alternatives out there or best to stick with saver rates atm?0
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I doubt it, but not sure to be honest.WishIdStayedinthePub said:
I wasn't aware of that. Are you sure that applies to a UK registered SIPP? Would seem unlikely but would need to check to be sure.QatarNapsy said:
I also use Interactive Brokers (as well as Swissquote in Lux) and they are pretty good, but one thing to keep in mind is the $60K threshold for cash and/or US domiciled stocks/funds. Once you go over this figure you can be liable for taxation on your estate, ie. if you die you will be taxed as if you were a US resident.WishIdStayedinthePub said:Haven't been on for a while and notice the interest in alternatives to HL. I finally switched to them this year, having been a customer since 1991. I've moved to Interactive Brokers, the US discount broker.
Main benefits
- lower/comporable admin fees, despite having to pay a separate SIPP administrator
- lower trading commissions - typically £3 for a UK stock, usually $1 for US and sometimes free, no minimum volume
- much, much lower fx costs - they effectively allow you to run a multi-currency account and switch between ccys at bank rate; Consequently, I'm still booking US trades at $1.30/£; and, e.g. buying, say, 10k of Microsoft for $1.02 fees all in.
- decent interest on cash balances; e.g I've been getting 4.83% on dollar deposits for months
- diret market access means I generally get a much better price than I would via HL (thought see below)
- incredible reporting and risk management - professional level but easy to understand, e,g. will chart your holdings allocations again a benchmark and show where you are out- and under-performing that benchmark on a really easy to understand 2-d chart
- proper performance reporting and all sorts of nuggets like it will project your dividend income and give you bundled access to all sorts of fundamental analysis and news
Disadvantages
- you have to wait the 2 days for a stock to clear and settle before you can use that cash
- a lot of people might find the interface complicated, though the web interface I think is pretty clear (difficult one for me to judge, as I spent most of my adult life designing and building trading systems)
- having to set up a separate SIPP admin - aggro initially but worth it in the end
- some illiquid UK stocks are a little clunky to trade - direct market orders can sit there all day; whereas HL (and IG) take on the risk on your behalf immediately.
- you have to pay for market data, but then the data is better and it's always been refunded with maybe 2-3 trades a month.0 -
.0
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7,654 please
I’ve jumped lots of pages
who won the last one , what was it , I thought we were doing every Dec /June
why we in august guessing ?Thanks0 -
My holdings are all Irish domicile because of this.0
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End of June was won by Salad with a guess of 7511 (FTSE was 7531) - yes this guess is for end of December.oohaahmortimer said:7,654 please
I’ve jumped lots of pages
who won the last one , what was it , I thought we were doing every Dec /June
why we in august guessing ?Thanks1 - Sponsored links:
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7592 for me please0
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Good luck one and all:
Name Level Er_Be_Ab_Pl_Wo_Wo_Ch 6750 Lenglover 7401 Pedro45 7452 Jon_CAFC_ 7490 Fortune 82nd Minute 7554 Redman 7562 meldrew66 7575 fat man on a moped 7592 PragueAddick 7600 HardyAddick 7625 Morboe 7625 Addick Addict 7652 oohaahmortimer 7654 StrikerFirmani 7665 golfaddick 7680 cafcpolo 7698 Covered End 7702 Addickinedi 7707 TheGhostofTomHovi 7708 RalphMilne 7721 Lonelynorthernaddick 7725 blackpool72 7750 Jamescafc 7750 Bangkokaddick 7771 thecat 7792 bobmunro 7848 CharltonKerry 7868 guinnessaddick 7878 LargeAddick 7887 Rob7Lee 7891 holyjo 7899 valleynick66 7923 IdleHans 7945 CAFCWest 7950 aitchyaddick 7978 Solidgone 7990 wwaddick 8002 WishIdStayedInThe Pub 8047 0 -
As suspected, as with other tax aspects, the US recognises UK tax wrappers, else they wouldn't be able to market them here (e.g. no withholding tax on dividends, etc. You have to fill out a W8-BEN form for that but that's true even if you are with HL) As an aside, IB even shows you exactly which custody bank is holding which investment, which is an interesting level of transparency.PragueAddick said:
That’s quite a big drawback.QatarNapsy said:
I also use Interactive Brokers (as well as Swissquote in Lux) and they are pretty good, but one thing to keep in mind is the $60K threshold for cash and/or US domiciled stocks/funds. Once you go over this figure you can be liable for taxation on your estate, ie. if you die you will be taxed as if you were a US resident.WishIdStayedinthePub said:Haven't been on for a while and notice the interest in alternatives to HL. I finally switched to them this year, having been a customer since 1991. I've moved to Interactive Brokers, the US discount broker.
Main benefits
- lower/comporable admin fees, despite having to pay a separate SIPP administrator
- lower trading commissions - typically £3 for a UK stock, usually $1 for US and sometimes free, no minimum volume
- much, much lower fx costs - they effectively allow you to run a multi-currency account and switch between ccys at bank rate; Consequently, I'm still booking US trades at $1.30/£; and, e.g. buying, say, 10k of Microsoft for $1.02 fees all in.
- decent interest on cash balances; e.g I've been getting 4.83% on dollar deposits for months
- diret market access means I generally get a much better price than I would via HL (thought see below)
- incredible reporting and risk management - professional level but easy to understand, e,g. will chart your holdings allocations again a benchmark and show where you are out- and under-performing that benchmark on a really easy to understand 2-d chart
- proper performance reporting and all sorts of nuggets like it will project your dividend income and give you bundled access to all sorts of fundamental analysis and news
Disadvantages
- you have to wait the 2 days for a stock to clear and settle before you can use that cash
- a lot of people might find the interface complicated, though the web interface I think is pretty clear (difficult one for me to judge, as I spent most of my adult life designing and building trading systems)
- having to set up a separate SIPP admin - aggro initially but worth it in the end
- some illiquid UK stocks are a little clunky to trade - direct market orders can sit there all day; whereas HL (and IG) take on the risk on your behalf immediately.
- you have to pay for market data, but then the data is better and it's always been refunded with maybe 2-3 trades a month.1 -
abrdn UK Real Estate Share Fund is the one that I'm talking about above.golfaddick said:
What fund are you in ? As I said, last 12-18 months have been bad for UK property funds, but before then some were doing really well. My main recommended fund was L&G property which had made gains in most years since 2016. Some funds have closed completely and its taken over a year to get the money out.Oh_Yoni_Boy said:
Talking -18% last year, -10% year before that, -22% last 12 months. Stinkermendonca said:
Give us some numbers?Oh_Yoni_Boy said:Done a little review and have taken a bit of a hammering in my UK real estate fund, asleep at the wheel to not see that one coming... Think it's a case of get out whilst there's still a chance?
Gut reaction is that it's followed the base rate pretty closely so should have bottomed out (if you think BoE won't raise it more/much more) and will have the upcoming housing market slump priced in as people trickle off their 2-year fixes... Doesn't explain the poor performance before that though.
Still, just my own amateur opinions and the track record over the past 12-18months is woeful which shows you what I know - mainly because of this mob and UK small companies (Ninety One UK Smaller Companies I Acc Net GBP).0 -
The main reason is that you are in a fund that invests in property companies and NOT in property itself. Also it has nothing to do with base rates, simply the companies that Aberdeen invest in.Oh_Yoni_Boy said:
abrdn UK Real Estate Share Fund is the one that I'm talking about above.golfaddick said:
What fund are you in ? As I said, last 12-18 months have been bad for UK property funds, but before then some were doing really well. My main recommended fund was L&G property which had made gains in most years since 2016. Some funds have closed completely and its taken over a year to get the money out.Oh_Yoni_Boy said:
Talking -18% last year, -10% year before that, -22% last 12 months. Stinkermendonca said:
Give us some numbers?Oh_Yoni_Boy said:Done a little review and have taken a bit of a hammering in my UK real estate fund, asleep at the wheel to not see that one coming... Think it's a case of get out whilst there's still a chance?
Gut reaction is that it's followed the base rate pretty closely so should have bottomed out (if you think BoE won't raise it more/much more) and will have the upcoming housing market slump priced in as people trickle off their 2-year fixes... Doesn't explain the poor performance before that though.
Still, just my own amateur opinions and the track record over the past 12-18months is woeful which shows you what I know - mainly because of this mob and UK small companies (Ninety One UK Smaller Companies I Acc Net GBP).
If you are investing into a property fund you need to be investing into a fund that invests directly into bricks & mortar - usually in this case Funds will be invested into Retail Parks, High Street shops & offices and some companies invest into Student lets & rental properties.
I have to ask - why did you invest into this fund ? The only reason why you should be investing into property is as a diversifier. And, as I said above, property in this case is physical property and not property company shares.
Aberdeen do a physical property fund. Same name as the one you are inversed in, just without the "shares" at the end.1 -
To be honest, a mate who started out as a financial advisor set me up early-mid 2010's - comfortable 10-14% annualised return for a long while so didn't question any of the funds.golfaddick said:
The main reason is that you are in a fund that invests in property companies and NOT in property itself. Also it has nothing to do with base rates, simply the companies that Aberdeen invest in.Oh_Yoni_Boy said:
abrdn UK Real Estate Share Fund is the one that I'm talking about above.golfaddick said:
What fund are you in ? As I said, last 12-18 months have been bad for UK property funds, but before then some were doing really well. My main recommended fund was L&G property which had made gains in most years since 2016. Some funds have closed completely and its taken over a year to get the money out.Oh_Yoni_Boy said:
Talking -18% last year, -10% year before that, -22% last 12 months. Stinkermendonca said:
Give us some numbers?Oh_Yoni_Boy said:Done a little review and have taken a bit of a hammering in my UK real estate fund, asleep at the wheel to not see that one coming... Think it's a case of get out whilst there's still a chance?
Gut reaction is that it's followed the base rate pretty closely so should have bottomed out (if you think BoE won't raise it more/much more) and will have the upcoming housing market slump priced in as people trickle off their 2-year fixes... Doesn't explain the poor performance before that though.
Still, just my own amateur opinions and the track record over the past 12-18months is woeful which shows you what I know - mainly because of this mob and UK small companies (Ninety One UK Smaller Companies I Acc Net GBP).
If you are investing into a property fund you need to be investing into a fund that invests directly into bricks & mortar - usually in this case Funds will be invested into Retail Parks, High Street shops & offices and some companies invest into Student lets & rental properties.
I have to ask - why did you invest into this fund ? The only reason why you should be investing into property is as a diversifier. And, as I said above, property in this case is physical property and not property company shares.
Aberdeen do a physical property fund. Same name as the one you are inversed in, just without the "shares" at the end.
Only now it's got a bit hairy and the rationale for the portfolio is anyone's guess - except its meant to be med-high risk. Might inbox you if that's alright so to not derail the thread too much!
0 -
Yes, thanks for the DM.Oh_Yoni_Boy said:
To be honest, a mate who started out as a financial advisor set me up early-mid 2010's - comfortable 10-14% annualised return for a long while so didn't question any of the funds.golfaddick said:
The main reason is that you are in a fund that invests in property companies and NOT in property itself. Also it has nothing to do with base rates, simply the companies that Aberdeen invest in.Oh_Yoni_Boy said:
abrdn UK Real Estate Share Fund is the one that I'm talking about above.golfaddick said:
What fund are you in ? As I said, last 12-18 months have been bad for UK property funds, but before then some were doing really well. My main recommended fund was L&G property which had made gains in most years since 2016. Some funds have closed completely and its taken over a year to get the money out.Oh_Yoni_Boy said:
Talking -18% last year, -10% year before that, -22% last 12 months. Stinkermendonca said:
Give us some numbers?Oh_Yoni_Boy said:Done a little review and have taken a bit of a hammering in my UK real estate fund, asleep at the wheel to not see that one coming... Think it's a case of get out whilst there's still a chance?
Gut reaction is that it's followed the base rate pretty closely so should have bottomed out (if you think BoE won't raise it more/much more) and will have the upcoming housing market slump priced in as people trickle off their 2-year fixes... Doesn't explain the poor performance before that though.
Still, just my own amateur opinions and the track record over the past 12-18months is woeful which shows you what I know - mainly because of this mob and UK small companies (Ninety One UK Smaller Companies I Acc Net GBP).
If you are investing into a property fund you need to be investing into a fund that invests directly into bricks & mortar - usually in this case Funds will be invested into Retail Parks, High Street shops & offices and some companies invest into Student lets & rental properties.
I have to ask - why did you invest into this fund ? The only reason why you should be investing into property is as a diversifier. And, as I said above, property in this case is physical property and not property company shares.
Aberdeen do a physical property fund. Same name as the one you are inversed in, just without the "shares" at the end.
Only now it's got a bit hairy and the rationale for the portfolio is anyone's guess - except its meant to be med-high risk. Might inbox you if that's alright so to not derail the thread too much!
This is not only to you but anyone else who is invested in funds - they should be regularly reviewed. Not only for performance but to see if your overall "portfolio" still meets your attitude to risk.
Even over the past 18 months funds that were previously "top dogs" are now going backwards rapidly. Big tech stocks in the US went ballistic after the pandemic then fell out of favour last year. Equity income funds did well last year but are now been overtaken by Growth funds. As for Bonds.....just a complete nitemare atm.2 -
NS&I just released a 1 year bond at 6.2%. Suspect it’ll go quick so fill your boots!!3
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I’m on it. Game-changer!Rob7Lee said:NS&I just released a 1 year bond at 6.2%. Suspect it’ll go quick so fill your boots!!1 -
No more than £1m though 😉PragueAddick said:
I’m on it. Game-changer!Rob7Lee said:NS&I just released a 1 year bond at 6.2%. Suspect it’ll go quick so fill your boots!!3
