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Savings and Investments thread

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  • shine166
    shine166 Posts: 13,916
    edited August 2020
    JamesSeed said:
    shine166 said:
    bobmunro said:
    JamesSeed said:
    Outperforming stocks and shares, gold, oil and property by vast margins over the last 12 years?
    Banksy. 

    Art generally (and of course Banksy in particular) can be stunning investments, but of course the secret is buying in advance of a move upwards. Originals, or small run signed prints, will always be in limited supply - there will be no more. And as Golfie says, most price moves are based on limited supply, whether that's art, Rolex stainless steel sports models, antiques or classic cars.
    @shine166 has already convinced me in regards art - and I thank him for that.
    Banksy is a no brainer, he now only releases to VIPs for big money, that have backed him since the early days and his popularity seems to have to limit right now. Another 12 months and I might be able to cash in and buy a mortgage free house just off of the work of his that I own. 
    Not sure he’s made any prints for ages has he? Hence the Gross Domestic Product ship in Croydon. Everything sold at low prices.
    How much stuff do you have?
    He still sells originals and some prints direct to VIPs, the balloon girl prints were 45k at Dismaland which are now around 150k, they also got to purchase the GDP works for proper money without going into the lottery. The grappling hooks were 45k from The Walled Off, I've got 8 pieces left, 4 proper prints and some other bits. 

    I've just started trading other artists for Bridget Riley works, bit morbid but she's 88 and one of the main faces for opart. 
  • HardyAddick
    HardyAddick Posts: 1,637
    @golfaddick How is the Scottish Widows unitised with profit pension fund performing? Got some funds in there but struggling to get performance figs 
  • golfaddick
    golfaddick Posts: 33,622
    HardyAddick said:
    @golfaddick How is the Scottish Widows unitised with profit pension fund performing? Got some funds in there but struggling to get performance figs 
    Sorry, don't know off the top of my head & haven't used with-profit funds in years. Can check it out & get back to you. 
  • golfaddick
    golfaddick Posts: 33,622
    edited August 2020
    StrikerFirmani said:
    @golfaddick Thanks for your reply.  

    Just to clear my mind.

    So you think worth keeping it market invested on a lower risk rather than something not in the markets ? 
    I would...... but then I'm not you.

    It really boils down to certainty versus flexibility. Would you prefer a guaranteed monthly return (annuity) that you are stuck with forever more, and which dies with you (depending on whether or not you take a 50% dependants pension which is going to cost you). Or a flexible plan (Drawdown) in which you can alter the amount of income you take, stop & re-start payments and which on death the remaining fund is not lost but can pass tax-free to your spouse.
  • StrikerFirmani
    StrikerFirmani Posts: 2,742
    Thanks Golfy, much appreciate you giving me your thought and consideration on it. 
  • guinnessaddick
    guinnessaddick Posts: 28,609


    Might as well get rid of most of mine.
  • golfaddick
    golfaddick Posts: 33,622
    I've got a £1 holding in PB's that my Nan bought me on the day I was born. Not won a sausage in 53 years.

    Might cash it in & buy a football club instead.
  • LargeAddick
    LargeAddick Posts: 32,559
    edited August 2020
    golfaddick said:
    I've got a £1 holding in PB's that my Nan bought me on the day I was born. Not won a sausage in 53 years.

    Might cash it in & buy a football club instead
    sorry to tell you they don't pay out in sausages, cash it in at your local butchers maybe ....
  • HardyAddick
    HardyAddick Posts: 1,637
    golfaddick said:
    HardyAddick said:
    @golfaddick How is the Scottish Widows unitised with profit pension fund performing? Got some funds in there but struggling to get performance figs 
    Sorry, don't know off the top of my head & haven't used with-profit funds in years. Can check it out & get back to you. 
    Thanks
  • balham red
    balham red Posts: 1,278
    edited August 2020
    Hi guys, I am a Jimmy know-nothing but I was reading that as an expat a good option is to put my savings into ETF's. I've got no pension, investments or property, just cash in the bank, and I am worried that we are going to get a load of inflation from the government printing money to pay for all the covid schemes.

    I'm not a regular poster so I'm being a bit cheeky asking for advice here, I'm just crapping myself about losing my life's earnings on bad decisions. And I know this is a football forum, but I'm more inclined to trust fellow fans than the sharks you probably get on investment forums.

    If anyone has any ideas on these questions in my head then would really appreciate it:
    1) Do you think its a good time to invest now? (prices seem to have gone back to pre covid levels from what I can see which seems unrealistic given the economic outlook)
    2) Anyone heard of any good ETFs that now would be a good time to get into?
    3) Also any tips on a good, safe portfolio makeup would be great

    Edit: Tried searching for advice videos on YouTube but these guys all seem to have different opinions on the outlook and I'm sure vested interest in having their opinion (or at least people watching it).
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  • QatarNapsy
    QatarNapsy Posts: 998
    balham red said:

    If anyone has any ideas on these questions in my head then would really appreciate it:
    1) Do you think its a good time to invest now? (prices seem to have gone back to pre covid levels from what I can see which seems unrealistic given the economic outlook)
    2) Anyone heard of any good ETFs that now would be a good time to get into?
    3) Also any tips on a good, safe portfolio makeup would be great


    Where are you based? What is your timeframe for investing?

    To give a short answer to the points above....
    1) Best time they say is yesterday.......time in the market not timing the market
    2) Hundreds out there. What currency will you be investing in? Where will you eventually retire/live? You can look up the screener at https://www.justetf.com/ for an idea. 
    3) A simple 70%/30%  or 60/40 equities/bonds split might do?

    Have a read through https://www.simplyfi.org/ and https://andrewhallam.com/ for advice on expat investing
  • balham red
    balham red Posts: 1,278
    QatarNapsy said:
    balham red said:

    If anyone has any ideas on these questions in my head then would really appreciate it:
    1) Do you think its a good time to invest now? (prices seem to have gone back to pre covid levels from what I can see which seems unrealistic given the economic outlook)
    2) Anyone heard of any good ETFs that now would be a good time to get into?
    3) Also any tips on a good, safe portfolio makeup would be great


    Where are you based? What is your timeframe for investing?

    To give a short answer to the points above....
    1) Best time they say is yesterday.......time in the market not timing the market
    2) Hundreds out there. What currency will you be investing in? Where will you eventually retire/live? You can look up the screener at https://www.justetf.com/ for an idea. 
    3) A simple 70%/30%  or 60/40 equities/bonds split might do?

    Have a read through https://www.simplyfi.org/ and https://andrewhallam.com/ for advice on expat investing
    I'm based in Thailand, and just wanna setup some investment for long term. At least a year or 2 minimum as I may decide to buy a house in the UK later on down the line if I can get enough funds together.

    Thanks for your thoughts - when you say best time is yesterday it makes sense in some ways, but what if we expect a depression/crash in the next month or so when furlough stops?

    I've put GBP into Interactive Brokers, to use the ETFs from there. As for retiring, unfortunately its still a good 20 years away or more sadly. No idea where I would live then, probably abroad still.
  • golfaddick
    golfaddick Posts: 33,622
    If you are thinking about investing, especially now in Covid times, you should be looking at 5 years minimum. 

    To pick up a couple of your points/ thoughts. Inflation & interest rates are going nowhere in the short term (3-5 years). In fact, we might even see negative interest rates over the next 6-12 months. 

    The FTSE100 is current bouncing around the 6000 level. At the start of the year it was c7500, so there is room there for growth over the next couple of years.

    A well diversified portfolio is your friend. As @balham red said, a 70%/30% or 60%/40% split between equities & bonds is the way to go. In your case let's say 65%/35%. Split the equities between UK 20%, US 20%, Europe 10%, Asia 10% Emerging Markets 5%. Then split the Bonds between Corporate 20%, Government 10% & High Yield 5%.

    HTH.
  • QatarNapsy
    QatarNapsy Posts: 998
    I've put GBP into Interactive Brokers, to use the ETFs from there. As for retiring, unfortunately its still a good 20 years away or more sadly. No idea where I would live then, probably abroad still.
    A 20 year timeframe is great, you could look at VWRP/SWDA for equities, SGLO for bonds (all GBP) and all available through IB

    Thanks for your thoughts - when you say best time is yesterday it makes sense in some ways, but what if we expect a depression/crash in the next month or so when furlough stops?
    Who knows.....but what if it doesn't?
  • PragueAddick
    PragueAddick Posts: 22,143
    QatarNapsy said:
    I've put GBP into Interactive Brokers, to use the ETFs from there. As for retiring, unfortunately its still a good 20 years away or more sadly. No idea where I would live then, probably abroad still.
    A 20 year timeframe is great, you could look at VWRP/SWDA for equities, SGLO for bonds (all GBP) and all available through IB

    Thanks for your thoughts - when you say best time is yesterday it makes sense in some ways, but what if we expect a depression/crash in the next month or so when furlough stops?
    Who knows.....but what if it doesn't?
    The answer to that question is one which has been aired on this thread and one that has served me and my family well over the years. Once you have broadly decided on the structure of your portfolio, try to find an investment platform that allows you to feed the same amount of cash in each month. That way you avoid the impossible choice about right or wrong time to buy.

    Unfortunately it is much harder than it should be to find such platforms if you are an expat. The UK has an excellent range of such platforms, and the range ensures competitive fees, and good ux. But officially you have to be a UK resident to use them, they all say. In practice I am here to tell you that it simply means a UK bank account, tied to a UK address. Maybe you already have such an account, or if not, family who can assist you.
  • HardyAddick
    HardyAddick Posts: 1,637
    What are the ISA fund options for UK growth and worldwide growth? I am on the HL platform. I ask as I have part of my portfolio in the LTrain funds which have been flat - not sure why. 
  • QatarNapsy
    QatarNapsy Posts: 998
    PragueAddick said:
    QatarNapsy said:
    I've put GBP into Interactive Brokers, to use the ETFs from there. As for retiring, unfortunately its still a good 20 years away or more sadly. No idea where I would live then, probably abroad still.
    A 20 year timeframe is great, you could look at VWRP/SWDA for equities, SGLO for bonds (all GBP) and all available through IB

    Thanks for your thoughts - when you say best time is yesterday it makes sense in some ways, but what if we expect a depression/crash in the next month or so when furlough stops?
    Who knows.....but what if it doesn't?
    The answer to that question is one which has been aired on this thread and one that has served me and my family well over the years. Once you have broadly decided on the structure of your portfolio, try to find an investment platform that allows you to feed the same amount of cash in each month. That way you avoid the impossible choice about right or wrong time to buy.

    Unfortunately it is much harder than it should be to find such platforms if you are an expat. The UK has an excellent range of such platforms, and the range ensures competitive fees, and good ux. But officially you have to be a UK resident to use them, they all say. In practice I am here to tell you that it simply means a UK bank account, tied to a UK address. Maybe you already have such an account, or if not, family who can assist you.
    Yep...dollar cost averaging.

    Using a UK broker would also leave you liable to pay tax, so best to take advantage of the expat status by keeping the investments offshore. Interactive Brokers is probably the cheapest expat friendly broker out there.
  • balham red
    balham red Posts: 1,278
    @golfaddick @QatarNapsy @PragueAddick superb, your advice is great and will be followed largely to the letter, so I can come back and blame you if it doesn't work out 😉
  • golfaddick
    golfaddick Posts: 33,622
    balham red said:
    @golfaddick @QatarNapsy @PragueAddick superb, your advice is great and will be followed largely to the letter, so I can come back and blame you if it doesn't work out 😉
    Pay me a fee to be your adviser & you can blame me as much as you want after that...😄
  • Covered End
    Covered End Posts: 51,989
    balham red said:
    QatarNapsy said:
    balham red said:

    If anyone has any ideas on these questions in my head then would really appreciate it:
    1) Do you think its a good time to invest now? (prices seem to have gone back to pre covid levels from what I can see which seems unrealistic given the economic outlook)
    2) Anyone heard of any good ETFs that now would be a good time to get into?
    3) Also any tips on a good, safe portfolio makeup would be great


    Where are you based? What is your timeframe for investing?

    To give a short answer to the points above....
    1) Best time they say is yesterday.......time in the market not timing the market
    2) Hundreds out there. What currency will you be investing in? Where will you eventually retire/live? You can look up the screener at https://www.justetf.com/ for an idea. 
    3) A simple 70%/30%  or 60/40 equities/bonds split might do?

    Have a read through https://www.simplyfi.org/ and https://andrewhallam.com/ for advice on expat investing
    I'm based in Thailand, and just wanna setup some investment for long term. At least a year or 2 minimum as I may decide to buy a house in the UK later on down the line if I can get enough funds together.

    Thanks for your thoughts - when you say best time is yesterday it makes sense in some ways, but what if we expect a depression/crash in the next month or so when furlough stops?

    I've put GBP into Interactive Brokers, to use the ETFs from there. As for retiring, unfortunately its still a good 20 years away or more sadly. No idea where I would live then, probably abroad still.
    I speak as a retired financial adviser.
    Investments are not intended for a year or two, five years should be the minimum intended term.
    If you need any of this money for house purchase in 2 years time, you should be putting your money in risk free savings. 
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  • golfaddick
    golfaddick Posts: 33,622
    HardyAddick said:
    @golfaddick How is the Scottish Widows unitised with profit pension fund performing? Got some funds in there but struggling to get performance figs 
    Hi mate.

    Been looking at this for you but can only find their ex Clerrical Medical range. Were you in one of those funds & if so which one as they seem to have 4 or 5 versions on a theme (regular premium, single, flexible etc. Etc)
  • HardyAddick
    HardyAddick Posts: 1,637
    Hi. Not in a CM one. I did it direct with SW about 20 years ago. I have an executive wealth (?) plan to take benefits from age 60 which I can now do. I have asked SW for details but want to see how the funds are doing compared to elsewhere- average at best I assume.

    i need a specialist pensions man to look at what I have but being in South Wales and not well enough to travel gives me problems!
  • golfaddick
    golfaddick Posts: 33,622
    HardyAddick said:
    Hi. Not in a CM one. I did it direct with SW about 20 years ago. I have an executive wealth (?) plan to take benefits from age 60 which I can now do. I have asked SW for details but want to see how the funds are doing compared to elsewhere- average at best I assume.

    i need a specialist pensions man to look at what I have but being in South Wales and not well enough to travel gives me problems!
    PM me & I'll help you out. With profits have been poor when compared to the general market. Unitised even more so. 
  • ROTW
    ROTW Posts: 642
    Still sat on my hands regarding ARC Minerals (ARCM)
    Looking very positive with the recent Anglo American exclusivity deal.
  • HardyAddick
    HardyAddick Posts: 1,637
    golfaddick said:
    HardyAddick said:
    Hi. Not in a CM one. I did it direct with SW about 20 years ago. I have an executive wealth (?) plan to take benefits from age 60 which I can now do. I have asked SW for details but want to see how the funds are doing compared to elsewhere- average at best I assume.

    i need a specialist pensions man to look at what I have but being in South Wales and not well enough to travel gives me problems!
    PM me & I'll help you out. With profits have been poor when compared to the general market. Unitised even more so. 
    Thanks. Done
  • golfaddick
    golfaddick Posts: 33,622
    S&P hit an all time high this evening  beating the figure from mid Feb this year.

    Bonkers. 

  • WishIdStayedinthePub
    WishIdStayedinthePub Posts: 648
    @PragueAddick I've been buried in work - did I miss the Christmas throw a dart in the dartboard competition?  I had a quick scan and it didn't look like there were any takers.
  • PragueAddick
    PragueAddick Posts: 22,143
    edited August 2020
    golfaddick said:
    S&P hit an all time high this evening  beating the figure from mid Feb this year.

    Bonkers. 

    The FT pointed out that FTSE100 has not participated in this surge, even comparing with the DAX, and others and asked why not? Their answer was "tech". The more tech companies are in a given index, the better that index has done during the Covid period. FTSE100 had the lowest tech component of all the big ones they looked at.
  • PragueAddick
    PragueAddick Posts: 22,143
    WishIdStayedinthePub said:
    @PragueAddick I've been buried in work - did I miss the Christmas throw a dart in the dartboard competition?  I had a quick scan and it didn't look like there were any takers.
    No you didn't miss anything

    Who else is up for a new index predictor call, to end on last trading day of 2020?

    New stipulation, choose whichever index you like, but only one index. 

    Lets close the call for entries on August 31....
  • bobmunro
    bobmunro Posts: 20,842
    FTSE 100 - 7395

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