Attention: Please take a moment to consider our terms and conditions before posting.
Savings and Investments thread
Comments
-
Got notification of my £100 ‘fairer share’ payment from Nationwide today. Very kind of them 😉1
-
Better than my premium bonds. Cheers, NW!1
-
Well it's a valid view and it is quite possible markets will continue to rise. AI may prove the valuations are justified. However it is difficult to ignore P/e ratios at very high levels (not just tech companies) and net margins/ ROI at historical high levels. You can continue to pile in but I'll be more cautious and sit on the side lines.Diebythesword said:
Personally I strongly disagree. The recent strong bull run has been the recovery from Covid and now ai, which may well achieve remarkable productivity which would justify lofty valuations. The world’s largest economy is still largely roaring away. I think we’re still a few years away from a market downturn, that’s if a certain man across the Atlantic doesn’t suffocate it first.redman said:
The stock market is no business of hers she should not be making these comments.golfaddick said:Weird statement by the Deputy Governor of the BOE today, although I do think the BBC have made it more sensational than it really is.
Yes markets are at their all time highs (well US & Japan are, UK and Europe are still around 5% off theirs) but then that's what things do.....they go up in value. Would you not buy a car today because they are more expensive than they were 5 years ago ? Stockmarkets dont tread water for years on end - they go up & down in a daily basis and over time their trajectory is upwards. As has been commented on here recently, if you sit on the sidelines waiting for a fall / dip / crash you could miss out on plenty of growth before that ever happens.
And some of the other things she alludes to aren't really part of every day life like private credit. God knows what she things she is going to achieve by saying all this......apart from panic !
However I do agree with her. We have been in a strong bull run and P/E ratios are well above historical averages (except Japan I believe). This in itself doesn't mean anything but a lot of other economic factors are not strong. Certainly agree long term would still be profitable in gilts but you could be looking at a longer timescale than usual. Certainly wouldn't be putting in much new money if I wasn't looking at 10 years. Don't believe in dipping in and out either, so not really a seller. Anyway I'm not an IFA so take it all with a pinch of salt.Films like the big short have a lot to answer for, everyone’s now trying to look like a genius when calling for the next market downturn which only happen once every couple of decades. We’ve already had one severe market downturn in covid this decade.
Incidentally your statement of a downturn every 2 years is factually wrong. We have had 14 bear markets (MSCI world index) since 1970, each with market falls of over 20% up to 59% (source JP Morgan).0 -
Yeah, well Prague is a mug punter and he didn’t sell 🤣IdleHans said:Huskaris said:I've taken my first dabble in the past year moving out of ETFs and doing some specific stock picks, something which I told myself I probably wouldn't do but of my financial investments, this still is under 3% but I might raise it to 5-7, and it's been fun doing the analysis on the picks.
My best pick was last month with Novo Nordisk. I fundamentally believe there is room for "Pepsi and Coke" in this market, and I feel like they are massively undervalued vs what they will become with more investment in R&D and some of the products they currently have in the pipeline which could get them closer to Eli Lilly (who have staggering p/e ratios of 36-ish vs nordo at approx 10).
Bought at $36.21 right in the new ISA year, around April 6 and currently today $44.99, 22.5% growth already. In 2024 they were trading at $142 for a period. 42% EBT margin (Lilly are similar too).
Prague tipped these back in 2021 and if he sold near the top he'd have done extremely well. They're back down close to the levels at which he recommended them. I put them on my watch list back then (late 2021) then kept an eye on all the gains I wasn't making. I might take another look.
Thing is, I bought into them as a dividend stock in euros, because their local office had been a client and I’d been impressed by their expertise in the field of diabetes. This was before they found out their diabetes drug also had very interesting side effects on weight. So I watched in awe when the stock soared, and froze in horror as it plummeted. Live and learn.
The rule I’m following is, if you’d buy today for the same reason you bought at the time, then hold. I tell myself that Novo Nordisk is a sober, responsible Danish company with world leading expertise in diabetes, of which there is a global epidemic. So long as they don’t get too drawn into the American hysteria over weight loss - and that’s not a given - they will probably slowly return to their status of solid niche pharma co., with modest capital growth and a decent (by euro standards) dividend yield.
2 -
I hope so - I bought a few yesterday on the NYSE after dithering the first time.PragueAddick said:
Yeah, well Prague is a mug punter and he didn’t sell 🤣IdleHans said:Huskaris said:I've taken my first dabble in the past year moving out of ETFs and doing some specific stock picks, something which I told myself I probably wouldn't do but of my financial investments, this still is under 3% but I might raise it to 5-7, and it's been fun doing the analysis on the picks.
My best pick was last month with Novo Nordisk. I fundamentally believe there is room for "Pepsi and Coke" in this market, and I feel like they are massively undervalued vs what they will become with more investment in R&D and some of the products they currently have in the pipeline which could get them closer to Eli Lilly (who have staggering p/e ratios of 36-ish vs nordo at approx 10).
Bought at $36.21 right in the new ISA year, around April 6 and currently today $44.99, 22.5% growth already. In 2024 they were trading at $142 for a period. 42% EBT margin (Lilly are similar too).
Prague tipped these back in 2021 and if he sold near the top he'd have done extremely well. They're back down close to the levels at which he recommended them. I put them on my watch list back then (late 2021) then kept an eye on all the gains I wasn't making. I might take another look.
Thing is, I bought into them as a dividend stock in euros, because their local office had been a client and I’d been impressed by their expertise in the field of diabetes. This was before they found out their diabetes drug also had very interesting side effects on weight. So I watched in awe when the stock soared, and froze in horror as it plummeted. Live and learn.
The rule I’m following is, if you’d buy today for the same reason you bought at the time, then hold. I tell myself that Novo Nordisk is a sober, responsible Danish company with world leading expertise in diabetes, of which there is a global epidemic. So long as they don’t get too drawn into the American hysteria over weight loss - and that’s not a given - they will probably slowly return to their status of solid niche pharma co., with modest capital growth and a decent (by euro standards) dividend yield.
0 -
£350 max0
-
Well the markets continue to do well, is it now time to bank some more profit, especially US? I’m exactly 18 months away from being able to access my pension which is riding at an all time high by some margin….. surely the orange man is going to do something stupid again soon to spook the markets and a drop will come……1
-
My layman's take. Markets are high and could well drop. But always worth remembering it is mainly driven by AI, particularly the value of the Magnificent 7. In fact US stocks excluding these haven't been exceptional. Still it may be worth taking some profits. But unless you have great cash need for day 1, and are more likely to go on the more normal slower drawdown route, then I never get the perceived wisdom of having a large chunk of it in bonds and cash at retirement (I had several long debates with IFA's when I retired). The reality is that this money could last for 20-30 years. On nearly every analysis shares are likely do best for most of this period. But without knowing your current breakdown couldn't say on personal circumstances.Rob7Lee said:Well the markets continue to do well, is it now time to bank some more profit, especially US? I’m exactly 18 months away from being able to access my pension which is riding at an all time high by some margin….. surely the orange man is going to do something stupid again soon to spook the markets and a drop will come……1 -
I agree with this to a point. But it's always good to have an element of Bonds/Properry/Alternatives in a portfolio just to balance out the risk if/when stockmarkets go south.redman said:
My layman's take. Markets are high and could well drop. But always worth remembering it is mainly driven by AI, particularly the value of the Magnificent 7. In fact US stocks excluding these haven't been exceptional. Still it may be worth taking some profits. But unless you have great cash need for day 1, and are more likely to go on the more normal slower drawdown route, then I never get the perceived wisdom of having a large chunk of it in bonds and cash at retirement (I had several long debates with IFA's when I retired). The reality is that this money could last for 20-30 years. On nearly every analysis shares are likely do best for most of this period. But without knowing your current breakdown couldn't say on personal circumstances.Rob7Lee said:Well the markets continue to do well, is it now time to bank some more profit, especially US? I’m exactly 18 months away from being able to access my pension which is riding at an all time high by some margin….. surely the orange man is going to do something stupid again soon to spook the markets and a drop will come……
My SIPP is roughly 75/25 Stocks to Bonds/Property. I'm around 4-5 years until I retire and start taking income from my pension.0 -
Understand what you are saying and do agree to an extent (that over time shares will likely do the best). I'm likely to take the maximum tax free amount in around 18 months time, the remainder will depend when I finally pack up work but I will be drawing at some point a regular income as my plans changed dramatically once Rachel from accounts made unused pension pots part of your estate. I'm front loading to a degree as will be drawing long before state pension kicks in (currently 67 for me, don't see me working past 57, at a push 58, 54 this December).redman said:
My layman's take. Markets are high and could well drop. But always worth remembering it is mainly driven by AI, particularly the value of the Magnificent 7. In fact US stocks excluding these haven't been exceptional. Still it may be worth taking some profits. But unless you have great cash need for day 1, and are more likely to go on the more normal slower drawdown route, then I never get the perceived wisdom of having a large chunk of it in bonds and cash at retirement (I had several long debates with IFA's when I retired). The reality is that this money could last for 20-30 years. On nearly every analysis shares are likely do best for most of this period. But without knowing your current breakdown couldn't say on personal circumstances.Rob7Lee said:Well the markets continue to do well, is it now time to bank some more profit, especially US? I’m exactly 18 months away from being able to access my pension which is riding at an all time high by some margin….. surely the orange man is going to do something stupid again soon to spook the markets and a drop will come……
It's also as I'm heavily weighted on shares, not just pensions but ISA's as well, although for the last two years I've mixed a Cash & S&S ISA whereas prior I was almost totally S&S (my wife had a bit in Cash ISA's).
The return on pure cash in my SIPP has dropped a bit of late, now only 2.25%, was 3.6% a couple of years ago so may look at some MMF's.
EDIT, none of this will matter tomorrow when I win the premium bonds
2 -
Sponsored links:
-
No chance. Your father-in-law won.Rob7Lee said:
Understand what you are saying and do agree to an extent (that over time shares will likely do the best). I'm likely to take the maximum tax free amount in around 18 months time, the remainder will depend when I finally pack up work but I will be drawing at some point a regular income as my plans changed dramatically once Rachel from accounts made unused pension pots part of your estate. I'm front loading to a degree as will be drawing long before state pension kicks in (currently 67 for me, don't see me working past 57, at a push 58, 54 this December).redman said:
My layman's take. Markets are high and could well drop. But always worth remembering it is mainly driven by AI, particularly the value of the Magnificent 7. In fact US stocks excluding these haven't been exceptional. Still it may be worth taking some profits. But unless you have great cash need for day 1, and are more likely to go on the more normal slower drawdown route, then I never get the perceived wisdom of having a large chunk of it in bonds and cash at retirement (I had several long debates with IFA's when I retired). The reality is that this money could last for 20-30 years. On nearly every analysis shares are likely do best for most of this period. But without knowing your current breakdown couldn't say on personal circumstances.Rob7Lee said:Well the markets continue to do well, is it now time to bank some more profit, especially US? I’m exactly 18 months away from being able to access my pension which is riding at an all time high by some margin….. surely the orange man is going to do something stupid again soon to spook the markets and a drop will come……
It's also as I'm heavily weighted on shares, not just pensions but ISA's as well, although for the last two years I've mixed a Cash & S&S ISA whereas prior I was almost totally S&S (my wife had a bit in Cash ISA's).
The return on pure cash in my SIPP has dropped a bit of late, now only 2.25%, was 3.6% a couple of years ago so may look at some MMF's.
EDIT, none of this will matter tomorrow when I win the premium bonds2 -
I'l find out soon, but an awful month so far:PragueAddick said:
No chance. Your father-in-law won.Rob7Lee said:
Understand what you are saying and do agree to an extent (that over time shares will likely do the best). I'm likely to take the maximum tax free amount in around 18 months time, the remainder will depend when I finally pack up work but I will be drawing at some point a regular income as my plans changed dramatically once Rachel from accounts made unused pension pots part of your estate. I'm front loading to a degree as will be drawing long before state pension kicks in (currently 67 for me, don't see me working past 57, at a push 58, 54 this December).redman said:
My layman's take. Markets are high and could well drop. But always worth remembering it is mainly driven by AI, particularly the value of the Magnificent 7. In fact US stocks excluding these haven't been exceptional. Still it may be worth taking some profits. But unless you have great cash need for day 1, and are more likely to go on the more normal slower drawdown route, then I never get the perceived wisdom of having a large chunk of it in bonds and cash at retirement (I had several long debates with IFA's when I retired). The reality is that this money could last for 20-30 years. On nearly every analysis shares are likely do best for most of this period. But without knowing your current breakdown couldn't say on personal circumstances.Rob7Lee said:Well the markets continue to do well, is it now time to bank some more profit, especially US? I’m exactly 18 months away from being able to access my pension which is riding at an all time high by some margin….. surely the orange man is going to do something stupid again soon to spook the markets and a drop will come……
It's also as I'm heavily weighted on shares, not just pensions but ISA's as well, although for the last two years I've mixed a Cash & S&S ISA whereas prior I was almost totally S&S (my wife had a bit in Cash ISA's).
The return on pure cash in my SIPP has dropped a bit of late, now only 2.25%, was 3.6% a couple of years ago so may look at some MMF's.
EDIT, none of this will matter tomorrow when I win the premium bonds
Me zero on max, Mrs R7L 2 x £25 on Max, daughter zero (on roughly half). Worst month since June 2021!
Starting to think I need to find a better home for it.....
edit - Father in law £750 -
Nothing on 22k.
I'm thinking of moving the whole lot into something else.1 -
£50 on £20k0
-
Just the lone £25 on max holding…0
-
Zilch Max0
-
£100 on max0
-
Looks like a rotten month for quite a few of us. Nothing at all on £40k holding.
0 -
Expecting a pull back at some point, but not a bear market. Currently on the waiting list for a t212 SIPP, has anyone else managed to get one and how long did it take from waitlist to having the SIPP? Hopefully when I’m transferring it will be when the dip happens….Rob7Lee said:Well the markets continue to do well, is it now time to bank some more profit, especially US? I’m exactly 18 months away from being able to access my pension which is riding at an all time high by some margin….. surely the orange man is going to do something stupid again soon to spook the markets and a drop will come……
0 -
I have a T212 ISA but am probably going to switch out. Tried to draw some money when buying a car which was stopped and they wanted all manner of paperwork to prove what I needed MY money for. At one point refused to release the money to me and only the car dealer. Gave up in the end so will switch it elsewhere.Diebythesword said:
Expecting a pull back at some point, but not a bear market. Currently on the waiting list for a t212 SIPP, has anyone else managed to get one and how long did it take from waitlist to having the SIPP? Hopefully when I’m transferring it will be when the dip happens….Rob7Lee said:Well the markets continue to do well, is it now time to bank some more profit, especially US? I’m exactly 18 months away from being able to access my pension which is riding at an all time high by some margin….. surely the orange man is going to do something stupid again soon to spook the markets and a drop will come……1 -
Sponsored links:
-
200 quid this month
Makes up for the dearth last month0 -
£100. First win since reducing to £15k 4 months ago.0
-
£100 each for me and Mrs Chaz (half max and max) and £50 for junior on nearly half. Not great but shouldn’t complain give others poor returns this month.0
-
Won £250 on around £32k, my biggest ever monthly win, I think.2
-
£25 on 50% approx. Nowt for ‘Er Indoors on similar0
-
I’ve just moved to a 70 30 Equity / Bonds split from 100% equities position…… just to protect myself a tad should the proverbial hit the fan1
-
Thank you 🙏Rob7Lee said:
Are you using up this years ISA allowance? If not may be worth considering getting up to £20k in a tax free wrapper for the future? If you are under a certain age the last tax year you can do the full £20k in cash.Arsenetatters said:I’ve got a 3 year fixed rate savings account maturing soon. I get the income monthly. Any advice on how long to fix the next one? I get my state pension in 5 years (assuming it still exists) so just need a bit of income until then. I’m not into high risk!
I haven’t used up my ISA yet for this year but that will come out of another pot. I’m looking to continue monthly income on fixed terms. I’ve got a few at various stages and I live off the interest (and a couple of work pensions).
I’m 62 so state pension in 5 years0 -
£125 on max2
-
For how many years can you fill ISA’s (noting the changes next April) from other pots? Then use the residuals of this pot to fix for 5 years (the remainder for shorter if you need to use for future years ISA’s), basically you need to fill your ISA up first and foremost each year.Arsenetatters said:
Thank you 🙏Rob7Lee said:
Are you using up this years ISA allowance? If not may be worth considering getting up to £20k in a tax free wrapper for the future? If you are under a certain age the last tax year you can do the full £20k in cash.Arsenetatters said:I’ve got a 3 year fixed rate savings account maturing soon. I get the income monthly. Any advice on how long to fix the next one? I get my state pension in 5 years (assuming it still exists) so just need a bit of income until then. I’m not into high risk!
I haven’t used up my ISA yet for this year but that will come out of another pot. I’m looking to continue monthly income on fixed terms. I’ve got a few at various stages and I live off the interest (and a couple of work pensions).
I’m 62 so state pension in 5 years0 -
I use t212 for my stocks and shares isa and have never had any problems. Are you non uk based? Might be an issueRob7Lee said:
I have a T212 ISA but am probably going to switch out. Tried to draw some money when buying a car which was stopped and they wanted all manner of paperwork to prove what I needed MY money for. At one point refused to release the money to me and only the car dealer. Gave up in the end so will switch it elsewhere.Diebythesword said:
Expecting a pull back at some point, but not a bear market. Currently on the waiting list for a t212 SIPP, has anyone else managed to get one and how long did it take from waitlist to having the SIPP? Hopefully when I’m transferring it will be when the dip happens….Rob7Lee said:Well the markets continue to do well, is it now time to bank some more profit, especially US? I’m exactly 18 months away from being able to access my pension which is riding at an all time high by some margin….. surely the orange man is going to do something stupid again soon to spook the markets and a drop will come……0
