Savings and Investments thread

cafc-west said:

golfaddick said:

All depends what % the £5k is in relation to the rest of your portfolio & what else you are invested in - eg, are you overweight/ underweight in any particular asset class or geographical economy. 

All things being equal then UK equities imo are still worth a punt. Most other stockmarkets have come back from the March fallout but the UK is still down by around 25%. A few fund houses disagree & think that Asia & Emerging markets is the place to go. 

Thanks @g@golfaddick - it’s less than 5% of overall SIPP and I have other pensions and investments so willing to be a bit riskier - my other investments in global or US funds - and as UK generally low still thought might be worth a punt...

That being the case then sticking £5k into a UK equity fund shouldn't be too much of a risk.....and if held for a year or so might see a bit of an increase when we finally get out of this Covid mess.

Funds in my hot list include  MI Chelverton UK Growth, SDL Free Spirit,  Premier UK Growth & Miton UK Smaller Companies.

Rob7Lee said:

Don't forget, premium bond day tomorrow.

First month invested for me with £20k of PSBs. 2 x £25 wins. Very pleased but also surprised by that. At current odds of 25,000-1 to win anything, looks like a good result.

I have a bit of a history of extreme good luck and bad luck. On my only occasion playing roulette in Las Vegas, I bet ‘black’ 7 times consecutively and it came up ‘red’ every time. It came up black on the 8th occasion that, of course, I did not bet on. Conversely, I won the top prize of £750 on Valley Gold the first month I had joined. Other examples like that too throughout my life. Bauer last scorer at 75-1 in the playoff final was a particularly good one.

I genuinely believe that my extreme luck gives me a good chance of winning the big ‘un on here.........or being swallowed up by Orpington’s largest ever sink-hole. 👌🏻

golfaddick said:n

cafc-west said:

golfaddick said:

All depends what % the £5k is in relation to the rest of your portfolio & what else you are invested in - eg, are you overweight/ underweight in any particular asset class or geographical economy. 

All things being equal then UK equities imo are still worth a punt. Most other stockmarkets have come back from the March fallout but the UK is still down by around 25%. A few fund houses disagree & think that Asia & Emerging markets is the place to go. 

Thanks @g@golfaddick - it’s less than 5% of overall SIPP and I have other pensions and investments so willing to be a bit riskier - my other investments in global or US funds - and as UK generally low still thought might be worth a punt...

That being the case then sticking £5k into a UK equity fund shouldn't be too much of a risk.....and if held for a year or so might see a bit of an increase when we finally get out of this Covid mess.

Funds in my hot list include  MI Chelverton UK Growth, SDL Free Spirit,  Premier UK Growth & Miton UK Smaller Companies.

Thanks - I’ll look into those funds!  And £75 this month from Ernie...reinvested as usual.

LargeAddick said:

Good day here. £25 for Mrs Large, £525 for me.

Nice Large!! And the right way around!

as per usual my father in law did well, £225.

Regular £75 for junior, £25 for the other half and finally £25 for me

Daarrzzetbum said:

£75.00 for me & my pharma (COVID related) shares starting to move upwards nicely, keep safe & strong all.

Mrs Daarrzzetbum snaffled £50.00 as well so happy with that 👍👍 

LargeAddick said:

Good day here. £25 for Mrs Large, £525 for me.

All round yours this xmas then...!!!

golfaddick said:

Markets everywhere on the up today.

FTSE100 closed up 2.3%. Most European markets up around 2.5%......Spain up 4.6% !  Even the US is up over 2% on early trading.....you would have thought their eyes would have been on something else today.

Signs of recovery or a dead cat bounce....??

Dead cat, take some profit.

PragueAddick said:

Rob7Lee said:

golfaddick said:

Markets everywhere on the up today.

FTSE100 closed up 2.3%. Most European markets up around 2.5%......Spain up 4.6% !  Even the US is up over 2% on early trading.....you would have thought their eyes would have been on something else today.

Signs of recovery or a dead cat bounce....??

Dead cat, take some profit.

Mug punters in funds simply are not allowed to do that. 24-48 hour time lag. In this case, the profits are already gone.

Tech is back up again though. Us mug punters just gotta take what's given to us in the short term.

Agree to an extent re funds, on individuals i've sold out my Barclays, bought around 94p and sold for £1.12 and Hiscox bought at £7.60 and sold £8.48. My BATS are just above what I paid £25.14 v £25.70 but will hold them, Go Ahead at numerous prices, some massively up some massively down with a net gain of about £150 if I sold today! Tullow i've took some gains but still hold some (still in profit). Lloyds I think i'll dump, been a bit up and down but sitting on about 14% profit so may take that today.

Don't think i'll buy any more individual shares right now apart from the sharesave scheme at my new employers.

PragueAddick said:

LargeAddick said:

Good day here. £25 for Mrs Large, £525 for me.

Congrats, mate, that's the largest win I recall ever being reported on here (although if anyone won big, I would not expect them to report it)

A mere £50 for me, but I'll take that.

My mother in law won a grand about a year ago.

PragueAddick said:

Rob7Lee said:

golfaddick said:

Markets everywhere on the up today.

FTSE100 closed up 2.3%. Most European markets up around 2.5%......Spain up 4.6% !  Even the US is up over 2% on early trading.....you would have thought their eyes would have been on something else today.

Signs of recovery or a dead cat bounce....??

Dead cat, take some profit.

Mug punters in funds simply are not allowed to do that. 24-48 hour time lag. In this case, the profits are already gone.

Tech is back up again though. Us mug punters just gotta take what's given to us in the short term.

Yesterday's global market performance backs this up quite well. Most funds that have outperformed the market this year were up 5-6pc! Imagine having sold on Tuesday or Wednesday aiming to time the market.

WishIdStayedinthePub said:

PragueAddick said:

Bangkokaddick said:

Rob7Lee said:

Don't forget, premium bond day tomorrow.

My financial advisor over here laughed at me when I bought premium bonds.

I made a three figure sum in prizes. He lost me a six figure sum! He got sacked.

SIX figures? Good grief. The sack? He deserves a visit from the Hale crew!

Was he one of those British expats who prey on fellow expats? I had some youngster from the notorious DeVere call me the other day. The only reason i took the call was that it showed up as coming from the UAE. I thought it might be Tahnoon...anyway he rather regretted it. 

If I have time, I like to play with these guys.  If nothing else, it holds them up from mis-selling to someone else.  

I was on some suckers list for years.  I think I once - to get rid of someone - agreed to be sent a brochure on some 'latest alternative investment scheme' and I was plagued with calls after that.

I've obviously had too much fun toying them as I don't get the calls any more.  Which is a shame - they've were a fantastic leading indicator for when something was about to tank or turn up in the Sunday papers as the latest scam.

Oh, was that you.......😄

mendonca said:

Any thoughts on the impact to markets this week following the US presidency this week? I would imagine next in line is a stimulus package. 

Trump was a darling of the markets as Companies loved his corporate tax cuts. Biden has said that he was going to reverse some of them & being on the left I'm sure there will be more tax increases for businesses. Saying that, its going to be some time before anything of that nature  happens so I expect markets to carry on bobbing around until a vaccine is widely available & life starts getting back to near normal.