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Savings and Investments thread
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The worst days in the market are usually followed by the best days in the market. People panic unnecessarily when fundamentals really haven’t changed.Fortune 82nd Minute said:I now utterly and totally admit i do not understand the workings of the stock market.
After the bloodbath on Wall Street yesterday I thought the FTSE would plummet today.
I have just looked and it is up 91 points!
Can an expert explain, please?
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No point trying to time stuff, though. High profile listings tend to go down for a while before picking back up. Eventually it will hopefully go past its listing price.Carter said:I chickened out of buying SpaceX shares in the IPO tomorrow
Going to market at £135 per share and I cancelled my order this morning as I think there is enough ill-feeling towards Elon Musk for some fuckery to occur. My objective view is SpaceX are doing some unbelievably innovative technology advances that will spawn things that will improve human life. I'm going to be an interested spectator now though0 -
https://www.lonsdaleservices.co.uk/news-making-your-pension-work-harder-gifting-surplus-income-for-estate-planning-914golfaddick said:
I would be interested in where you saw this guidance as that is not my experience or knowledge in this area.Southbank said:I recently saw some guidance that the 25 per cent you can take tax free from your pension can now be counted as part of income. Therefore whichever part of it is above 'normal' expenditure can also be gifted free of IHT.
It might depend of you are taking it as income (ie, on a monthly basis) or as a one off / ad hoc lump sum.0 -
The 25% was in relation to a traditional 60/40 portfolio......so around 40% of the equity content, although over the last few years a medium risk portfolio is closer to 65/35.redman said:
I must admit I am very surprised on your 25% limit on America. I hope you and your clients haven't been on this track for long or you will have lost a big opportunity. Even if you wanted to totally avoid tech it seems low. The magnificent 7 only account for about 33% of S&P. The US market has consistently produced bigger returns than anywhere else and Personally I believe anyone investing for the long term would do better in US than your 25% warrants. The US is structurally must better setup to encourage wealth creating entrepeneurs than most places.golfaddick said:
The FTSE is very "old school" and contains very little in the way of tech stocks (probably none). However, it is very weighted towards Oil, Mining and Banks (the latter being buoyed by overnight gains in the Far East).Fortune 82nd Minute said:I now utterly and totally admit i do not understand the workings of the stock market.
After the bloodbath on Wall Street yesterday I thought the FTSE would plummet today.
I have just looked and it is up 91 points!
Can an expert explain, please?
Also, UK companies pay good dividends & often the 100 is buoyed by this alone.
And then there is other company news that doesn't make the headlines, such as Fraser's takeover approach for Hugo Boss.
All this is why I always bang on about diversification - not just between stocks & bonds, but also between countries. The World Index is almost 70% US but I wouldnt have more than 25% exposure to America.
I do agree your general point on diversification though, just believe your 25% is way too low. There again what do I know, I'm just a humble layman who can't give advice.
As per, it always comes down to your own risk attitude.0
