Worst Recession in history, double the number of un-employed, and restrictions in place potentially for months to come. Yet, the market is creeping up..... WHY.. .?
Worst Recession in history, double the number of un-employed, and restrictions in place potentially for months to come. Yet, the market is creeping up..... WHY.. .?
Because the market sold off weeks ago. It always falls on rumours & uncertainty & rises on truth & clarity.
Worst Recession in history, double the number of un-employed, and restrictions in place potentially for months to come. Yet, the market is creeping up..... WHY.. .?
Because the market sold off weeks ago. It always falls on rumours & uncertainty & rises on truth & clarity.
And it's sucking you back in before another heavy fall.
Paul Tudor Jones Buys Bitcoin With Reminder of Gold in 1970s (1)
Becomes one of first big-name investors to embrace crypto
Macro investor sees Bitcoin as hedge against inflationBy Erik Schatzker
(Bloomberg) -- Macro investor Paul Tudor Jones is buying Bitcoin as a hedge against the inflation he sees coming from central bank money-printing, telling clients it reminds him of the role gold played in the 1970s.
“The best profit-maximizing strategy is to own the fastest horse,” Jones, the founder and chief executive officer of Tudor Investment Corp., said in a market outlook note he entitled ‘The Great Monetary Inflation.’ “If I am forced to forecast, my bet is it will be Bitcoin.”
Worst Recession in history, double the number of un-employed, and restrictions in place potentially for months to come. Yet, the market is creeping up..... WHY.. .?
Because the market sold off weeks ago. It always falls on rumours & uncertainty & rises on truth & clarity.
And it's sucking you back in before another heavy fall.
I tend to agree, with this conclusion. Yes, we have had a massive correction, but I think this could go lower. Especially in Banking, Entertainment, and travel related stocks.
It does look like you can change this fund on the Standard Life site. Any tips? In my mid 30's.
Sorry, only just seen this post.
Very average fund & I'm sure you could do better, but then I'm not a lover of insurance companies own managed funds. I have 3 clients with a Standard Life Sipp but I dont know if you would be offered the whole fund range that they have access to. You might be limited to only 20 or 30 funds.......or less.
It does look like you can change this fund on the Standard Life site. Any tips? In my mid 30's.
Sorry, only just seen this post.
Very average fund & I'm sure you could do better, but then I'm not a lover of insurance companies own managed funds. I have 3 clients with a Standard Life Sipp but I dont know if you would be offered the whole fund range that they have access to. You might be limited to only 20 or 30 funds.......or less.
Thanks Golfie. I moved the pension fund from the very average to
if you get a bonus at work is it a no brainer that you put it in your pension and avoid the tax - assuming you don't need the extra cash now obviously - or do you pay the tax eventually anyway when you start drawing your pension? a pretty basic question i guess but one i'm not 100% certain of the answer to - is it just if you draw a lump sum that you pay tax on your pension later on or???...
if you get a bonus at work is it a no brainer that you put it in your pension and avoid the tax - assuming you don't need the extra cash now obviously - or do you pay the tax eventually anyway when you start drawing your pension? a pretty basic question i guess but one i'm not 100% certain of the answer to - is it just if you draw a lump sum that you pay tax on your pension later on or???...
The first 25% you take from your pension is tax-free (up to the current LA - so max around £270k). Anything after that is taxed......or should I say is taxable. If you have no other income you can then take up to your Personal Allowance (£12,500) without paying any tax.
Pensions can be very beneficial to those who are higher rate taxpayers during their working life but basic rate taxpayers in retirement (40% tax relief going in but only 20% tax going out). Similarly for basic rate /nil rate - although once taking the state pension there is little scope before you are being taxed.
I was just curious of people’s opinions. Was looking at the construction/manufacturing sectors, thought SIG crossed both paths. Would possibly go 40% on them with further spit of 15% on four construction businesses. Just a short term (3-6 months) punt using a ISA.
I was just curious of people’s opinions. Was looking at the construction/manufacturing sectors, thought SIG crossed both paths. Would possibly go 40% on them with further spit of 15% on four construction businesses. Just a short term (3-6 months) punt using a ISA.
Putting all your eggs in one very small basket. Not something I would advise.
if you get a bonus at work is it a no brainer that you put it in your pension and avoid the tax - assuming you don't need the extra cash now obviously - or do you pay the tax eventually anyway when you start drawing your pension? a pretty basic question i guess but one i'm not 100% certain of the answer to - is it just if you draw a lump sum that you pay tax on your pension later on or???...
The first 25% you take from your pension is tax-free (up to the current LA - so max around £270k). Anything after that is taxed......or should I say is taxable. If you have no other income you can then take up to your Personal Allowance (£12,500) without paying any tax.
Pensions can be very beneficial to those who are higher rate taxpayers during their working life but basic rate taxpayers in retirement (40% tax relief going in but only 20% tax going out). Similarly for basic rate /nil rate - although once taking the state pension there is little scope before you are being taxed.
ok thanks - so is the forecasted monthly amount a pre tax figure? Also - i get the taxing thing with a works pension as the money going in is not taxed already but in a private pension - say a SIPS scheme with hargreaves lansdown , the money paid is post tax so i assume you wouldn't get taxed on it again later when you draw it??
if you get a bonus at work is it a no brainer that you put it in your pension and avoid the tax - assuming you don't need the extra cash now obviously - or do you pay the tax eventually anyway when you start drawing your pension? a pretty basic question i guess but one i'm not 100% certain of the answer to - is it just if you draw a lump sum that you pay tax on your pension later on or???...
The first 25% you take from your pension is tax-free (up to the current LA - so max around £270k). Anything after that is taxed......or should I say is taxable. If you have no other income you can then take up to your Personal Allowance (£12,500) without paying any tax.
Pensions can be very beneficial to those who are higher rate taxpayers during their working life but basic rate taxpayers in retirement (40% tax relief going in but only 20% tax going out). Similarly for basic rate /nil rate - although once taking the state pension there is little scope before you are being taxed.
ok thanks - so is the forecasted monthly amount a pre tax figure? Also - i get the taxing thing with a works pension as the money going in is not taxed already but in a private pension - say a SIPS scheme with hargreaves lansdown , the money paid is post tax so i assume you wouldn't get taxed on it again later when you draw it??
All pension income is taxable, no matter if it's from a Final Salary scheme, a SIPP or a Stakeholder pension.
And I wouldn't take much notice of the forecasted monthly figure that any private pension company states on an annual statement. It's based on 2 totally meaningless assumptions.......the annual return & estimated annuity rate.
In January the FTSE All Share peaked around 4200. On March 16th it had fallen to 2848, an approximate 32% fall, so I did my wife's S&S ISA. It fell for a further week and bottomed on March 23rd at 2727. I thought it may fall further (it still may). I waited to do this tax year's ISA's, but the market has continued to rise so I took the plunge today, May 15th with the index at 3302.
Not being able to physically visit clients I have had time to review some portfolios. Most clients are currently looking at losses of around 5%, the worst has been 8%. Some individual funds are higher now than they were on February. Noticeably US funds......in particular Baillie Gifford American. As I have it in my pension, along with some absolute return funds & my pension, as at today, is just 2.5% from its February high & higher than it was at the start of the year.
Not bad considering the FTSE100 is still more than 20% off it's all time high.
Crypto investments are up 11% this week, and yes I know it could all be Digital Tulips, and be down 30% in a week, but it's a small bit of money in thing that isn't tied to the markets, so I'll live with that risk
Crypto investments are up 11% this week, and yes I know it could all be Digital Tulips, and be down 30% in a week, but it's a small bit of money in thing that isn't tied to the markets, so I'll live with that risk
I got lucky with a holding of mine, hit a bit of a low point, added to my bag. Went up 50% in about three days!
Crypto investments are up 11% this week, and yes I know it could all be Digital Tulips, and be down 30% in a week, but it's a small bit of money in thing that isn't tied to the markets, so I'll live with that risk
I got lucky with a holding of mine, hit a bit of a low point, added to my bag. Went up 50% in about three days!
Crypto investments are up 11% this week, and yes I know it could all be Digital Tulips, and be down 30% in a week, but it's a small bit of money in thing that isn't tied to the markets, so I'll live with that risk
I got lucky with a holding of mine, hit a bit of a low point, added to my bag. Went up 50% in about three days!
What you investing/gambling in?
My biggest holding is in ZIL. Then have some MATIC, BTC (less than 1, I'm not that rich) and NANO.
Crypto investments are up 11% this week, and yes I know it could all be Digital Tulips, and be down 30% in a week, but it's a small bit of money in thing that isn't tied to the markets, so I'll live with that risk
I got lucky with a holding of mine, hit a bit of a low point, added to my bag. Went up 50% in about three days!
Crypto investments are up 11% this week, and yes I know it could all be Digital Tulips, and be down 30% in a week, but it's a small bit of money in thing that isn't tied to the markets, so I'll live with that risk
I got lucky with a holding of mine, hit a bit of a low point, added to my bag. Went up 50% in about three days!
South Korean inflatable dolls?
Warning, your investment could go down as well as up.
Comments
But I've held fire on this tax year's as the market picked up & I reckon it will fall at some point.
Very average fund & I'm sure you could do better, but then I'm not a lover of insurance companies own managed funds. I have 3 clients with a Standard Life Sipp but I dont know if you would be offered the whole fund range that they have access to. You might be limited to only 20 or 30 funds.......or less.
Thanks Golfie. I moved the pension fund from the very average to
Baillie Gifford Managed Pn Fund
Pensions can be very beneficial to those who are higher rate taxpayers during their working life but basic rate taxpayers in retirement (40% tax relief going in but only 20% tax going out). Similarly for basic rate /nil rate - although once taking the state pension there is little scope before you are being taxed.
The UK homebuilders especially?
Strong balance sheet when cash in the bank has its advantages.
Was looking at the construction/manufacturing sectors, thought SIG crossed both paths.
Would possibly go 40% on them with further spit of 15% on four construction businesses.
Just a short term (3-6 months) punt using a ISA.
And I wouldn't take much notice of the forecasted monthly figure that any private pension company states on an annual statement. It's based on 2 totally meaningless assumptions.......the annual return & estimated annuity rate.
On March 16th it had fallen to 2848, an approximate 32% fall, so I did my wife's S&S ISA.
It fell for a further week and bottomed on March 23rd at 2727.
I thought it may fall further (it still may).
I waited to do this tax year's ISA's, but the market has continued to rise so I took the plunge today, May 15th with the index at 3302.
https://www.google.com/search?q=ftse+all+share&oq=FT&aqs=chrome.0.69i59l2j69i57j69i59j0l4.2944j0j8&sourceid=chrome&ie=UTF-8
Not bad considering the FTSE100 is still more than 20% off it's all time high.
:-)