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Savings and Investments thread

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  • Out of interest I was checking a clients ISA holdings today as I made a few fund switches last month.

    Baillie Gifford American. It has gone up 16.5% over the past 3 weeks.

    Crazy.
  • I need to find a good time to reduce the % of my allocation in Jupiter European. 
  • mendonca said:
    I need to find a good time to reduce the % of my allocation in Jupiter European. 
    How much do you have in it & is it your only holding in European equities ?
  • It currently makes up 14pc of my portfolio as its performed very well over the years. My other European fund is BG European which has been better performing of late. I feel this weighting for Europe is slightly on the high side.
  • mendonca said:
    It currently makes up 14pc of my portfolio as its performed very well over the years. My other European fund is BG European which has been better performing of late. I feel this weighting for Europe is slightly on the high side.
    I agree. I would usually say a maximum of around 8%. You could probably do with halving your exposure to Europe. Maybe ditch the Jupiter fund & keep the BG one.
  • I caveat that on the basis of a balanced portfolio that contains bonds as well as equities. If it was fully in equities then maybe 10%
     
  • Thanks Golfie. The portfolio does also hold bonds/gilts too. Good to hear some tips regarding balance.
  • Out of interest I was checking a clients ISA holdings today as I made a few fund switches last month.

    Baillie Gifford American. It has gone up 16.5% over the past 3 weeks.

    Crazy.
    There was an FT article a few days ago summarising Morningstar top performers during 2020 and this was the top fund. 54% if I recall. But the article didnt make clear the timeframe, whether from Jan 1 or last 12 months. Of course, past performance etc...
  • Stamp duty suspended until March 2021, awaiting to see if that applies to investors/second homes (expect the extra 3% will still apply).
  • Rob7Lee said:
    Stamp duty suspended until March 2021, awaiting to see if that applies to investors/second homes (expect the extra 3% will still apply).

    I've just told my two to get their houses on the market asap. They are both looking to move in the next 12 months but now is the time.
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  • Rob7Lee said:
    Stamp duty suspended until March 2021, awaiting to see if that applies to investors/second homes (expect the extra 3% will still apply).
    As Paul Johnson said afterwards, it could well be extended should the economy still be in the doldrums into the new year. 

    And its only on properties up to £500k. 
  • Rob7Lee said:
    Stamp duty suspended until March 2021, awaiting to see if that applies to investors/second homes (expect the extra 3% will still apply).
    As Paul Johnson said afterwards, it could well be extended should the economy still be in the doldrums into the new year. 

    And its only on properties up to £500k. 

    They can get a five bed detached up here for that!!
  • bobmunro said:
    Rob7Lee said:
    Stamp duty suspended until March 2021, awaiting to see if that applies to investors/second homes (expect the extra 3% will still apply).
    As Paul Johnson said afterwards, it could well be extended should the economy still be in the doldrums into the new year. 

    And its only on properties up to £500k. 

    They can get a five bed detached up here for that!!
     :D 

    Where I buy tends to be sub £200k for a 3 bed, some of the three bed Maisonettes sub 125k anyway.

    Whats the rental market like in Stoke Bob?
  • It's the first £500k that has had stamp duty removed, so it's an across the board saving.
  • edited July 2020
    Addickted said:
    It's the first £500k that has had stamp duty removed, so it's an across the board saving.
    2nd home/landords etc pay an extra 3%, i'm guessing that won't be removed (but more than happy if he does!)

    EDIT; "People buying second homes and buy-to-let properties will also benefit, but will still have to to pay the 3% extra duty due on the entire price."
  • Rob7Lee said:
    bobmunro said:
    Rob7Lee said:
    Stamp duty suspended until March 2021, awaiting to see if that applies to investors/second homes (expect the extra 3% will still apply).
    As Paul Johnson said afterwards, it could well be extended should the economy still be in the doldrums into the new year. 

    And its only on properties up to £500k. 

    They can get a five bed detached up here for that!!
     :D 

    Where I buy tends to be sub £200k for a 3 bed, some of the three bed Maisonettes sub 125k anyway.

    Whats the rental market like in Stoke Bob?

    In Stoke you can get a lot for £200k (my comment on £500k related to Cheshire, dear boy!).

    My two own houses in Stoke - 3 bed detached, 5 years old around £200k and a 3 bed End of Terrace, 2 years old - around £190k. Interested??

    They are both looking to move - one to Nantwich (£450-500k for a big 4 bet detached - new) and the other to Alsager (£350-400k for the same).

    Rental market in Stoke is very strong - helped by there being two Universities.
  • Rob7Lee said:
    bloody hell, wonder what the rental income would be pm? Not that I'm interested in buying …..
  • Rob7Lee said:
    bloody hell, wonder what the rental income would be pm? Not that I'm interested in buying …..
    About 450 by a quick look for what's up for rent.
  • bobmunro said:
    Rob7Lee said:
    bobmunro said:
    Rob7Lee said:
    Stamp duty suspended until March 2021, awaiting to see if that applies to investors/second homes (expect the extra 3% will still apply).
    As Paul Johnson said afterwards, it could well be extended should the economy still be in the doldrums into the new year. 

    And its only on properties up to £500k. 

    They can get a five bed detached up here for that!!
     :D 

    Where I buy tends to be sub £200k for a 3 bed, some of the three bed Maisonettes sub 125k anyway.

    Whats the rental market like in Stoke Bob?

    In Stoke you can get a lot for £200k (my comment on £500k related to Cheshire, dear boy!).

    My two own houses in Stoke - 3 bed detached, 5 years old around £200k and a 3 bed End of Terrace, 2 years old - around £190k. Interested??

    They are both looking to move - one to Nantwich (£450-500k for a big 4 bet detached - new) and the other to Alsager (£350-400k for the same).

    Rental market in Stoke is very strong - helped by there being two Universities.
    I've been toying with Student lets, probably not a good time to start right now, occupation set to be down quite a bit this coming year by all accounts.
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  • Scottish Mortagge Investment Trust is showing no signs of slowing down! Wish I didn't ignore it last week but it's makeup looks very similar to a few funds I hold. 
  • There does not seem to be much positive news on the horizon for the markets, across the world!
  • Well friends, 1. August is drawing near. The day when we examine the predictions a few of us made about where our chosen market indices would be at this time. I've got them all logged but I had a look last week and have just one question for @WishIdStayedinthePub, hope you are logging in. Which S&P index were you referring to as you second index choice? 

    I'll calculate the % variation and express each as optimistic if your prediction exceeded the index figure, and pessimistic v-v. Of course @golfaddick is the man to beat here, him being an IFA and all that  :) When I had a look, he wasn't the leader, I have to say. But there are a few days to go of course.

    The tension mounts....
  • Well friends, 1. August is drawing near. The day when we examine the predictions a few of us made about where our chosen market indices would be at this time. I've got them all logged but I had a look last week and have just one question for @WishIdStayedinthePub, hope you are logging in. Which S&P index were you referring to as you second index choice? 

    I'll calculate the % variation and express each as optimistic if your prediction exceeded the index figure, and pessimistic v-v. Of course @golfaddick is the man to beat here, him being an IFA and all that  :) When I had a look, he wasn't the leader, I have to say. But there are a few days to go of course.

    The tension mounts....
    I'm going to sell all my holdings in the next few days. It will cause a market crash and bring it back towards my prediction. 

    Alls fair in love, war and predictions on Charlton Life. :-) 😂 



  • Well friends, 1. August is drawing near. The day when we examine the predictions a few of us made about where our chosen market indices would be at this time. I've got them all logged but I had a look last week and have just one question for @WishIdStayedinthePub, hope you are logging in. Which S&P index were you referring to as you second index choice? 

    I'll calculate the % variation and express each as optimistic if your prediction exceeded the index figure, and pessimistic v-v. Of course @golfaddick is the man to beat here, him being an IFA and all that  :) When I had a look, he wasn't the leader, I have to say. But there are a few days to go of course.

    The tension mounts....
    Morning, everyone. 

    I honestly can’t remember. Will have to have a dig through my posts and find it. Time flies!
  • Well friends, 1. August is drawing near. The day when we examine the predictions a few of us made about where our chosen market indices would be at this time. I've got them all logged but I had a look last week and have just one question for @WishIdStayedinthePub, hope you are logging in. Which S&P index were you referring to as you second index choice? 

    I'll calculate the % variation and express each as optimistic if your prediction exceeded the index figure, and pessimistic v-v. Of course @golfaddick is the man to beat here, him being an IFA and all that  :) When I had a look, he wasn't the leader, I have to say. But there are a few days to go of course.

    The tension mounts....
    Morning, everyone. 

    I honestly can’t remember. Will have to have a dig through my posts and find it. Time flies!
    I had S&P 500 at 2880 and Dow at 26,000. 
  • Well friends, 1. August is drawing near. The day when we examine the predictions a few of us made about where our chosen market indices would be at this time. I've got them all logged but I had a look last week and have just one question for @WishIdStayedinthePub, hope you are logging in. Which S&P index were you referring to as you second index choice? 

    I'll calculate the % variation and express each as optimistic if your prediction exceeded the index figure, and pessimistic v-v. Of course @golfaddick is the man to beat here, him being an IFA and all that  :) When I had a look, he wasn't the leader, I have to say. But there are a few days to go of course.

    The tension mounts....
    Morning, everyone. 

    I honestly can’t remember. Will have to have a dig through my posts and find it. Time flies!
    I had S&P 500 at 2880 and Dow at 26,000. 
    Thanks, you just wrote at the time "S&P" so I wanted to be 100% sure. Your Dow prediction may be a winner.
  • Well friends, 1. August is drawing near. The day when we examine the predictions a few of us made about where our chosen market indices would be at this time. I've got them all logged but I had a look last week and have just one question for @WishIdStayedinthePub, hope you are logging in. Which S&P index were you referring to as you second index choice? 

    I'll calculate the % variation and express each as optimistic if your prediction exceeded the index figure, and pessimistic v-v. Of course @golfaddick is the man to beat here, him being an IFA and all that  :) When I had a look, he wasn't the leader, I have to say. But there are a few days to go of course.

    The tension mounts....
    Morning, everyone. 

    I honestly can’t remember. Will have to have a dig through my posts and find it. Time flies!
    I had S&P 500 at 2880 and Dow at 26,000. 
    Thanks, you just wrote at the time "S&P" so I wanted to be 100% sure. Your Dow prediction may be a winner.
    I'm not so sure.  I think we are on the brink of quite a sharp sell off but that's been on the cards for a while, so who knows in this mad market.
  • did I even guess?
  • Any recommendations for you guys are holding/selling? 
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