I never realised how optimistic Lifers are! Every guess above yesterday's close on the FTSE.
And all this at a time of coming political change in this country. Not to mention the on-going Ukraine/Russia war, the Middle East near to going up in flames, shipping potentially stopping using the Suez canal and China still threatening to invade Taiwan.
Not forgetting that all you under 60s about to be called up for the army!
And doesn't "sell in May and go away" still apply?
So I'm with Golfie on this. In fact, I'm even less optimistic. 7450 for me.
I have a SIPP in drawdown and another (smaller) one that I can still pay into. It has several £K sitting in cash. Any recommendations for an accumulation fund I should move it into? Understand any recommendatuion is just that - not advice!
I have a SIPP in drawdown and another (smaller) one that I can still pay into. It has several £K sitting in cash. Any recommendations for an accumulation fund I should move it into? Understand any recommendatuion is just that - not advice!
Depends on your risk appetite. Depends on where you are currently invested - Equities v Bonds.
If you are looking for growth & have the capacity for loss you could look at a global equity fund. Bear in mind that many global.funds have over 60% in the US.
Then again when interest rates start coming down Bond prices will rise.
If only there were professionals out there who could guide you 🤔😄
Cant believe everyone is higher than mine. Have I missed something? Perhaps I shouldn't be attending investments seminars every week.
The interesting thing about the entries is that the MOST optimistic is forecasting a year on year gain of just 4.3%. Which ought to mean that an awful lot of us will be keeping an awful lot of funds in cash, since overall - especially if you locked up plenty im the NSI 1 year fix - should see you clearing 5% on no risk. Well that’s certainly what I’m doing.
Cant believe everyone is higher than mine. Have I missed something? Perhaps I shouldn't be attending investments seminars every week.
The interesting thing about the entries is that the MOST optimistic is forecasting a year on year gain of just 4.3%. Which ought to mean that an awful lot of us will be keeping an awful lot of funds in cash, since overall - especially if you locked up plenty im the NSI 1 year fix - should see you clearing 5% on no risk. Well that’s certainly what I’m doing.
Agree with this. Just don't feel confident enough to have a significant proportion in equities right now. Especially when savings interest rates are higher than inflation at the moment, how often can you say that's been the case?
I never realised how optimistic Lifers are! Every guess above yesterday's close on the FTSE.
And all this at a time of coming political change in this country. Not to mention the on-going Ukraine/Russia war, the Middle East near to going up in flames, shipping potentially stopping using the Suez canal and China still threatening to invade Taiwan.
So I'm with Golfie on this. In fact, I'm even less optimistic. 7450 for me.
Cant believe everyone is higher than mine. Have I missed something? Perhaps I shouldn't be attending investments seminars every week.
The interesting thing about the entries is that the MOST optimistic is forecasting a year on year gain of just 4.3%. Which ought to mean that an awful lot of us will be keeping an awful lot of funds in cash, since overall - especially if you locked up plenty im th NSI 1 year fix - should see you clearing 5% on no risk. Well that’s certainly what I’m doing.
Cant believe everyone is higher than mine. Have I missed something? Perhaps I shouldn't be attending investments seminars every week.
The interesting thing about the entries is that the MOST optimistic is forecasting a year on year gain of just 4.3%. Which ought to mean that an awful lot of us will be keeping an awful lot of funds in cash, since overall - especially if you locked up plenty im th NSI 1 year fix - should see you clearing 5% on no risk. Well that’s certainly what I’m doing.
Thanks for the nudge @Rob7Lee…I missed out last time, but will go optimistic again (I went high with 8,000 for H1 last year). Let’s say 8,100 this time 😉
I never realised how optimistic Lifers are! Every guess above yesterday's close on the FTSE.
And all this at a time of coming political change in this country. Not to mention the on-going Ukraine/Russia war, the Middle East near to going up in flames, shipping potentially stopping using the Suez canal and China still threatening to invade Taiwan.
So I'm with Golfie on this. In fact, I'm even less optimistic. 7450 for me.
All known factors, already built in.
I hope you are right but excuse me if I have my doubts!
Cant believe everyone is higher than mine. Have I missed something? Perhaps I shouldn't be attending investments seminars every week.
The interesting thing about the entries is that the MOST optimistic is forecasting a year on year gain of just 4.3%. Which ought to mean that an awful lot of us will be keeping an awful lot of funds in cash, since overall - especially if you locked up plenty im th NSI 1 year fix - should see you clearing 5% on no risk. Well that’s certainly what I’m doing.
You're forgetting dividends ......
…again 😉
Not so fast, guys. 😉
I still have around 25% of my stuff in the markets, ( plus the SIPP). I just halted the plan to regularly invest a fixed amount in a package of funds, and instead diverted the cash into the high paying savings accounts. The point is that I know 100%. what the latter will pay me. What would be the dividenc yield on a FTSE 100 tracker? Around 3.5% ? So sure if you add that to the capital gain predicted by the most optimistic of us punters, you get near 8%. But most of the forecasts are far less optimistic so its touch and go if even a median forecast wins, as to whether it beats a 5% cash account. If you are both cautious and old ( as I am) i reckon it does make sense to major on the high interest fixes this year at least. It is a very comforting exercise to keep a spreadsheet of those deposit accounts and record the income totting up each month. Much more relaxing than seeking out stocks for income, deciding Direct Line was a good choice and then watching as the stock plunged, and then the board cancells the dividend. WTF? Fortunately I didnt have much, so I flogged it off and used the proceeds to top up on L&G, a company apparently run by adults. But that experience influenced my flight to cash and I dont regret it.
Yes, by the summer I will need to have a re-think as some of those 1 year fixes mature. But that can wait.
Cant believe everyone is higher than mine. Have I missed something? Perhaps I shouldn't be attending investments seminars every week.
The interesting thing about the entries is that the MOST optimistic is forecasting a year on year gain of just 4.3%. Which ought to mean that an awful lot of us will be keeping an awful lot of funds in cash, since overall - especially if you locked up plenty im th NSI 1 year fix - should see you clearing 5% on no risk. Well that’s certainly what I’m doing.
You're forgetting dividends ......
…again 😉
Not so fast, guys. 😉
I still have around 25% of my stuff in the markets, ( plus the SIPP). I just halted the plan to regularly invest a fixed amount in a package of funds, and instead diverted the cash into the high paying savings accounts. The point is that I know 100%. what the latter will pay me. What would be the dividenc yield on a FTSE 100 tracker? Around 3.5% ? So sure if you add that to the capital gain predicted by the most optimistic of us punters, you get near 8%. But most of the forecasts are far less optimistic so its touch and go if even a median forecast wins, as to whether it beats a 5% cash account. If you are both cautious and old ( as I am) i reckon it does make sense to major on the high interest fixes this year at least. It is a very comforting exercise to keep a spreadsheet of those deposit accounts and record the income totting up each month. Much more relaxing than seeking out stocks for income, deciding Direct Line was a good choice and then watching as the stock plunged, and then the board cancells the dividend. WTF? Fortunately I didnt have much, so I flogged it off and used the proceeds to top up on L&G, a company apparently run by adults. But that experience influenced my flight to cash and I dont regret it.
Yes, by the summer I will need to have a re-think as some of those 1 year fixes mature. But that can wait.
S&P500 is where it's at. If I'd have put 100% of my pension into that 18 months ago I'd be sitting on the beach right now
In 18 months my FTSE100 ETF is up just over 11% including dividends which appear to make up around 6.5%.
Our savings are in rental property, reasons being. It's not easy to spend the capital and it's a regular income. Obvious risks are the tenant's who have trashed a place in the past at quite some cost but we do think the people we have now are a decent bunch.
Our savings are in rental property, reasons being. It's not easy to spend the capital and it's a regular income. Obvious risks are the tenant's who have trashed a place in the past at quite some cost but we do think the people we have now are a decent bunch.
If all goes well BTL can provide OK returns, however when you build in items such as you have experienced (bad tenants), maintenance and ongoing costs etc it's not necessarily the best investment for regular income (will also depend on your tax position). It's also very illiquid but that appears something you like. You will also likely have to factor in capital gains at some point.
Always worth regularly reviewing if it remains the best investment for you.
Our savings are in rental property, reasons being. It's not easy to spend the capital and it's a regular income. Obvious risks are the tenant's who have trashed a place in the past at quite some cost but we do think the people we have now are a decent bunch.
As @Rob7Lee says, its not tax efficient, for both income tax & Capital Gains Tax and its illiquid. Many better places you can put your money & make it work better for you.
Ignoring your own house, 1/3rd property, shares, cash.
Hmmmm......not sure I would go with that. Obviously all depends on your attitude to risk but even then Property shouldn't really be anymore than 10% of a portfolio.
Our savings are in rental property, reasons being. It's not easy to spend the capital and it's a regular income. Obvious risks are the tenant's who have trashed a place in the past at quite some cost but we do think the people we have now are a decent bunch.
If all goes well BTL can provide OK returns, however when you build in items such as you have experienced (bad tenants), maintenance and ongoing costs etc it's not necessarily the best investment for regular income (will also depend on your tax position). It's also very illiquid but that appears something you like. You will also likely have to factor in capital gains at some point.
Always worth regularly reviewing if it remains the best investment for you.
Thanks, ours are mortgage free and it stops the fun prevension officer from blatting the cash on cruises !!
Our savings are in rental property, reasons being. It's not easy to spend the capital and it's a regular income. Obvious risks are the tenant's who have trashed a place in the past at quite some cost but we do think the people we have now are a decent bunch.
If all goes well BTL can provide OK returns, however when you build in items such as you have experienced (bad tenants), maintenance and ongoing costs etc it's not necessarily the best investment for regular income (will also depend on your tax position). It's also very illiquid but that appears something you like. You will also likely have to factor in capital gains at some point.
Always worth regularly reviewing if it remains the best investment for you.
Thanks, ours are mortgage free and it stops the fun prevension officer from blatting the cash on cruises !!
Lol, just make sure you don't leave it to IHT/HMRC, better to let the fun officer spend some if that were to be the case.
Ignoring your own house, 1/3rd property, shares, cash.
Hmmmm......not sure I would go with that. Obviously all depends on your attitude to risk but even then Property shouldn't really be anymore than 10% of a portfolio.
But then again, what do I know...
it’s a conservative approach and works for me in retirement.
Comments
Cant believe everyone is higher than mine. Have I missed something? Perhaps I shouldn't be attending investments seminars every week.
I never realised how optimistic Lifers are! Every guess above yesterday's close on the FTSE.
And all this at a time of coming political change in this country. Not to mention the on-going Ukraine/Russia war, the Middle East near to going up in flames, shipping potentially stopping using the Suez canal and China still threatening to invade Taiwan.
Not forgetting that all you under 60s about to be called up for the army!
And doesn't "sell in May and go away" still apply?
So I'm with Golfie on this. In fact, I'm even less optimistic. 7450 for me.
Depends on where you are currently invested - Equities v Bonds.
If you are looking for growth & have the capacity for loss you could look at a global equity fund. Bear in mind that many global.funds have over 60% in the US.
Then again when interest rates start coming down Bond prices will rise.
If only there were professionals out there who could guide you 🤔😄
I still have around 25% of my stuff in the markets, ( plus the SIPP). I just halted the plan to regularly invest a fixed amount in a package of funds, and instead diverted the cash into the high paying savings accounts. The point is that I know 100%. what the latter will pay me. What would be the dividenc yield on a FTSE 100 tracker? Around 3.5% ? So sure if you add that to the capital gain predicted by the most optimistic of us punters, you get near 8%. But most of the forecasts are far less optimistic so its touch and go if even a median forecast wins, as to whether it beats a 5% cash account. If you are both cautious and old ( as I am) i reckon it does make sense to major on the high interest fixes this year at least. It is a very comforting exercise to keep a spreadsheet of those deposit accounts and record the income totting up each month. Much more relaxing than seeking out stocks for income, deciding Direct Line was a good choice and then watching as the stock plunged, and then the board cancells the dividend. WTF? Fortunately I didnt have much, so I flogged it off and used the proceeds to top up on L&G, a company apparently run by adults. But that experience influenced my flight to cash and I dont regret it.
In 18 months my FTSE100 ETF is up just over 11% including dividends which appear to make up around 6.5%.
Does that mean I've won 😄
Always worth regularly reviewing if it remains the best investment for you.
But then again, what do I know...