Savings and Investments thread
Comments
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cantersaddick said:I'm just pleased I managed to resist wading in this time!
Well done on the restraint.(Me too!)
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Zero for second month running for father in law. Pah, serves him right!!0
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£25 for me on £22k holdings
£25 in January
Nothing in February
3 poor months to start the year0 -
blackpool72 said:£25 for me on £22k holdings
£25 in January
Nothing in February
3 poor months to start the year
You mght get more in the months ahead if the BOE had to raise interst rates to curb the inflation that might reappear due to higher gas prices.Rob7Lee said:Zero for second month running for father in law. Pah, serves him right!!
Thanks Donald !1 -
Every cloud ehgolfaddick said:blackpool72 said:£25 for me on £22k holdings
£25 in January
Nothing in February
3 poor months to start the year
You mght get more in the months ahead if the BOE had to raise interst rates to curb the inflation that might reappear due to higher gas prices.Rob7Lee said:Zero for second month running for father in law. Pah, serves him right!!
Thanks Donald !2 -
🫣blackpool72 said:
Every mushroom cloud ehgolfaddick said:blackpool72 said:£25 for me on £22k holdings
£25 in January
Nothing in February
3 poor months to start the year
You mght get more in the months ahead if the BOE had to raise interst rates to curb the inflation that might reappear due to higher gas prices.Rob7Lee said:Zero for second month running for father in law. Pah, serves him right!!
Thanks Donald !1 -
I hope they dont - when inflation is caused entirely by an external shock as it is in this case interest rates will have little to no impact on it whilst having massive impacts on domestic consumption hurting business and causing pain for millions on their mortgages.golfaddick said:blackpool72 said:£25 for me on £22k holdings
£25 in January
Nothing in February
3 poor months to start the year
You mght get more in the months ahead if the BOE had to raise interst rates to curb the inflation that might reappear due to higher gas prices.Rob7Lee said:Zero for second month running for father in law. Pah, serves him right!!
Thanks Donald !
But I expect they will as getting the BOE/Govt economists to think in modern globalised economic terms rather than 1970's closed economy world is impossible.1 -
£325 on full but after a shocking 50 quid Jan nout to write home about0
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If you average £375 every two months is 4.5% net, which allowing for no tax would be a good return.paulsturgess said:£325 on full but after a shocking 50 quid Jan nout to write home about2 -
As we are coming up to ISA deadline, anyone have any recommendation on funds to invest in on vanguard stocks and shares ISA?Got some previous recommendations on fidelity that have turned out very nicely, so the hive mind works.0
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All depends on your attitude to risk ? I see a lot of people recommending global trackers but they forget that a global tracker will be almost 70% US stocks & 30% of that will be the MAG7. Hardly diversified is it.BalladMan said:As we are coming up to ISA deadline, anyone have any recommendation on funds to invest in on vanguard stocks and shares ISA?Got some previous recommendations on fidelity that have turned out very nicely, so the hive mind works.
Call me boring but if you want safe & steady then there is not much wrong with a well diversified fund that is 70/30 split between equities and bonds. Fidelity have a decent Multi Asset fund which is doing well atm.
If you do want a global.fund then Artemis Global Income had been good performer over the past 18 months.
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Last week I decided to add to my share isa to max my allowance some £19k, not knowing what trump was about to do, obviously markets have taken a big hit, my provider wouldn’t have received my cheque until Monday at the earliest, was this a massive faux paux, or possibly a good move meaning investments would have been bought after the markets had dropped?0
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Depends who your with, but it sounds like it's 1980 (northstandsteve said:Last week I decided to add to my share isa to max my allowance some £19k, not knowing what trump was about to do, obviously markets have taken a big hit, my provider wouldn’t have received my cheque until Monday at the earliest, was this a massive faux paux, or possibly a good move meaning investments would have been bought after the markets had dropped?
) and you posted a cheque to them? If they wouldn't have received the cheque until Monday then that probably hasn't even cleared yet, so unlikely you've bought the stock yet. 0 -
So not a bad time or bad time ? The cheque went through this morning, I am looking at it as a long term investment?0
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I am with Scottish Widows0
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Good luck matenorthstandsteve said:So not a bad time or bad time ? The cheque went through this morning, I am looking at it as a long term investment?0 -
Worrying about a couple of percent due to timing when you are investing for years isn't really worrying about in my opinion (even though I wouldn't be taking my own advice here!!). However, if the cheque went through this morning you are buying in a few percent of recent peaks (for Dax/FTSE) which can be seen as a bit of a bonus!northstandsteve said:So not a bad time or bad time ? The cheque went through this morning, I am looking at it as a long term investment?3 -
Yes, take the long term view.northstandsteve said:So not a bad time or bad time ? The cheque went through this morning, I am looking at it as a long term investment?0 -
Yeah, I wouldn't worry too much about it. You will certainly be buying in at a few percentage points lower than you would have been last week so just see it as a little Brucie bonus.
I know this is one of @PragueAddick's pet peeves - when do you know when any "correction" in the market has filtered through to the pricing of a fund. Looking at 3 or 4 platforms this week that various clients are on it seems to be at least 2 days behind any actual market movement. It really should be the next day as funds seem to re-price at either noon, 2pm or 4pm.....but watching portfolios (my SIPP especially) it seems that if the market falls during Monday then this not really reflected until Wednesday. Very hard to say exactly as all the portfolios I manage are Multi Asset and cover all world stockmarkets as well as Global Bonds, Property etc. So if overnight Japan has fallen and then the new trading day has European markets up.....and then later in the day the US markets fall then when does all that filter through to you global equity fund ?1 -
Not that I am someone who should be listened to, about anything let alone money!
Have a think about moving from Scottish Widows and look at the other options out there. Fees, service I think are not good there0 -
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True.Carter said:Not that I am someone who should be listened to, about anything let alone money!
Have a think about moving from Scottish Widows and look at the other options out there. Fees, service I think are not good there
Their old style Personal pension is pants although their Flexi-acess plan (Retirement Account) is not too bad.0 -
Has anyone invested in Gold Bullion, Silver, or diamonds? Do you physically get the items?
Are their specialist investment companies? Do you pay VAT on bullion?0 -
If you buy sovereigns, no VAT or CGT.usetobunkin said:Has anyone invested in Gold Bullion, Silver, or diamonds? Do you physically get the items?
Are their specialist investment companies? Do you pay VAT on bullion?
I don't want to hold physical gold, but I have bought an ETF for physical gold within an ISA wrapper.
If I had smashed through all my and wife's ISA allowance, I'd be tempted to buy sovereigns.0 -
You could try Kenny Noye. I'm sure he's got a few gold bars lying around.usetobunkin said:Has anyone invested in Gold Bullion, Silver, or diamonds? Do you physically get the items?
Are their specialist investment companies? Do you pay VAT on bullion?4 -
Probably a bad time to buy gold, to be honest.usetobunkin said:Has anyone invested in Gold Bullion, Silver, or diamonds? Do you physically get the items?
Are their specialist investment companies? Do you pay VAT on bullion?1 -
I’m fortunate to have close to seven figures invested in my pension fund. I don’t expect to need to draw on it for a few years yet, so I have some time to think carefully about the next steps.
For reasons that aren’t particularly relevant now, my pension is currently managed by Fisher Investments. I realise that may prompt some strong reactions, as I’m aware they are relatively fee heavy. Because of that, I’m increasingly open to considering alternatives that might be more cost efficient while still aligning with my plans over the next phase.
My general investment approach has been fairly straightforward. I have tended to stay fully invested in higher risk equities on the basis that I’m in the market for the long term. At the moment I’m thinking about a rough timeframe of perhaps five years before I might begin drawing down.
I’m not really looking for bespoke financial advice, but I would be interested in hearing how others might think about this if they were in a similar position. For example:
• Where might you consider investing around £1m over the next five years if you were not planning to draw from it immediately?
• Would you remain heavily equity focused, or begin shifting toward something more balanced as retirement approaches?
• Are there particular platforms, providers, or structures that you think are worth exploring from a cost or flexibility perspective?
Looking slightly further ahead, I’m also interested in views on the retirement phase itself. My instinct is that I’m unlikely to buy an annuity, although I haven’t ruled it out entirely. My assumption at the moment is that I would probably use drawdown and keep the majority of the portfolio invested.
More generally, I’d be interested to hear how people think about the trade off between continuing with drawdown versus securing part of the income through an annuity at some stage.
As I said, I’m not looking for personal advice as such, just interested in the different approaches people take and any useful places to look when thinking about this stage of planning.
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To be honest you’re exactly the sort of person who should be talking to a financial advisor.holyjo said:I’m fortunate to have close to seven figures invested in my pension fund. I don’t expect to need to draw on it for a few years yet, so I have some time to think carefully about the next steps.
For reasons that aren’t particularly relevant now, my pension is currently managed by Fisher Investments. I realise that may prompt some strong reactions, as I’m aware they are relatively fee heavy. Because of that, I’m increasingly open to considering alternatives that might be more cost efficient while still aligning with my plans over the next phase.
My general investment approach has been fairly straightforward. I have tended to stay fully invested in higher risk equities on the basis that I’m in the market for the long term. At the moment I’m thinking about a rough timeframe of perhaps five years before I might begin drawing down.
I’m not really looking for bespoke financial advice, but I would be interested in hearing how others might think about this if they were in a similar position. For example:
• Where might you consider investing around £1m over the next five years if you were not planning to draw from it immediately?
• Would you remain heavily equity focused, or begin shifting toward something more balanced as retirement approaches?
• Are there particular platforms, providers, or structures that you think are worth exploring from a cost or flexibility perspective?
Looking slightly further ahead, I’m also interested in views on the retirement phase itself. My instinct is that I’m unlikely to buy an annuity, although I haven’t ruled it out entirely. My assumption at the moment is that I would probably use drawdown and keep the majority of the portfolio invested.
More generally, I’d be interested to hear how people think about the trade off between continuing with drawdown versus securing part of the income through an annuity at some stage.
As I said, I’m not looking for personal advice as such, just interested in the different approaches people take and any useful places to look when thinking about this stage of planning.
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Exactly thatDiebythesword said:
To be honest you’re exactly the sort of person who should be talking to a financial advisor.holyjo said:I’m fortunate to have close to seven figures invested in my pension fund. I don’t expect to need to draw on it for a few years yet, so I have some time to think carefully about the next steps.
For reasons that aren’t particularly relevant now, my pension is currently managed by Fisher Investments. I realise that may prompt some strong reactions, as I’m aware they are relatively fee heavy. Because of that, I’m increasingly open to considering alternatives that might be more cost efficient while still aligning with my plans over the next phase.
My general investment approach has been fairly straightforward. I have tended to stay fully invested in higher risk equities on the basis that I’m in the market for the long term. At the moment I’m thinking about a rough timeframe of perhaps five years before I might begin drawing down.
I’m not really looking for bespoke financial advice, but I would be interested in hearing how others might think about this if they were in a similar position. For example:
• Where might you consider investing around £1m over the next five years if you were not planning to draw from it immediately?
• Would you remain heavily equity focused, or begin shifting toward something more balanced as retirement approaches?
• Are there particular platforms, providers, or structures that you think are worth exploring from a cost or flexibility perspective?
Looking slightly further ahead, I’m also interested in views on the retirement phase itself. My instinct is that I’m unlikely to buy an annuity, although I haven’t ruled it out entirely. My assumption at the moment is that I would probably use drawdown and keep the majority of the portfolio invested.
More generally, I’d be interested to hear how people think about the trade off between continuing with drawdown versus securing part of the income through an annuity at some stage.
As I said, I’m not looking for personal advice as such, just interested in the different approaches people take and any useful places to look when thinking about this stage of planning.
It will be worth the commission/fees in the bigger picture to get an expert, and independent one to look at this and give you your options2 -
@holyjo I used an IFA at pretty much the stage you are at now. Well worth it. I had exactly the same questions about annuities, and he walked me through the pros and cons pretty well ( without either of us knowing for sure that as a non-res no one will offer me an annuity anyway). Apart from that it was about restructuring my two portfolios (one a SIPP) and many of the funds he proposed have handsomely defied the popular current view that we’re all better off just tracking the S&P500. Not alĺ of them, but nobody outperforms on everything, that’s why we diversify. Actually if I hadn’t abandoned our carefully agreed plan to buy regularly each month, when Trump went mad last year, i’d be a few grand better off right now.Carter said:
Exactly thatDiebythesword said:
To be honest you’re exactly the sort of person who should be talking to a financial advisor.holyjo said:I’m fortunate to have close to seven figures invested in my pension fund. I don’t expect to need to draw on it for a few years yet, so I have some time to think carefully about the next steps.
For reasons that aren’t particularly relevant now, my pension is currently managed by Fisher Investments. I realise that may prompt some strong reactions, as I’m aware they are relatively fee heavy. Because of that, I’m increasingly open to considering alternatives that might be more cost efficient while still aligning with my plans over the next phase.
My general investment approach has been fairly straightforward. I have tended to stay fully invested in higher risk equities on the basis that I’m in the market for the long term. At the moment I’m thinking about a rough timeframe of perhaps five years before I might begin drawing down.
I’m not really looking for bespoke financial advice, but I would be interested in hearing how others might think about this if they were in a similar position. For example:
• Where might you consider investing around £1m over the next five years if you were not planning to draw from it immediately?
• Would you remain heavily equity focused, or begin shifting toward something more balanced as retirement approaches?
• Are there particular platforms, providers, or structures that you think are worth exploring from a cost or flexibility perspective?
Looking slightly further ahead, I’m also interested in views on the retirement phase itself. My instinct is that I’m unlikely to buy an annuity, although I haven’t ruled it out entirely. My assumption at the moment is that I would probably use drawdown and keep the majority of the portfolio invested.
More generally, I’d be interested to hear how people think about the trade off between continuing with drawdown versus securing part of the income through an annuity at some stage.
As I said, I’m not looking for personal advice as such, just interested in the different approaches people take and any useful places to look when thinking about this stage of planning.
It will be worth the commission/fees in the bigger picture to get an expert, and independent one to look at this and give you your options1 -
Could be an interesting start to the week.
Nikkei down over 6% in early trading.0
