****ty life

[kingandy2nd]

Right, well........council flat is back on the agenda! Will know on Friday if my life is going to go in a positive direction or not!!

Your life can go in a positive direction irrespective of Friday matey

 

[Old Salt]

good luck

 

[motorbiking]

Right, well........council flat is back on the agenda! Will know on Friday if my life is going to go in a positive direction or not!!

good luck

 

[Koolpc]

Thanks guys....will see on Friday.

 

[Justin Passing]

I won't look at investing as I haven't a clue about it all. I would hate to lose any money invested. I guess you have to be in a position where you accept that you may lose. I wouldn't be happy with that.

That's why I suggested not bothering, just use the best rate things like everyone else. But if there was a big difference between what a "safe" fund would get you and a bldg soc, then it would be worth learning a little.
It's perfectly possible to use types of Bond, and approaches, where your drop would only be tiny and a small fraction of what you'd gained.
This was one: the grey trace one being the whole stockmarket (S&P500) and the upper blue one a managed bond, with Building society returns the low two:

Harder now that interest rates have dropped, See how the top one has gone pretty flat. But rates may notch up again so - keep asking.

I have a little more than doubled my investment, with a bond, in 12 years.

That's about 6% compounded, which isn't bad.
A I these days is good for wondering about what-ifs. You can ask it what happens if you do xyz.
Then you could spit your investment perhaps.
If you'd got up to +70% you wouldn't be bothered by that little wiggle.

There are also DIvidend options you can use.
If your money's in a SIPP it's a way to get some money out, tax free
eg in 12 months to date:
HSBC has produced 4% dividends, while the stock itself went up 75%
Aviva (insurers) paid out 6.25%, while going up 25%.
These aren't fly-by-night companies, so you can see the attraction.
Even if the stock itself does dip, you still get the dividend.

It's not hard to find those.

 

[Koolpc]

That's why I suggested not bothering, just use the best rate things like everyone else. But if there was a big difference between what a "safe" fund would get you and a bldg soc, then it would be worth learning a little.
It's perfectly possible to use types of Bond, and approaches, where your drop would only be tiny and a small fraction of what you'd gained.
This was one: the grey trace one being the whole stockmarket (S&P500) and the upper blue one a managed bond, with Building society returns the low two:
View attachment 412759

Harder now that interest rates have dropped, See how the top one has gone pretty flat. But rates may notch up again so - keep asking.


That's about 6% compounded, which isn't bad.
A I these days is good for wondering about what-ifs. You can ask it what happens if you do xyz.
Then you could spit your investment perhaps.
If you'd got up to +70% you wouldn't be bothered by that little wiggle.

There are also DIvidend options you can use.
If your money's in a SIPP it's a way to get some money out, tax free
eg in 12 months to date:
HSBC has produced 4% dividends, while the stock itself went up 75%
Aviva (insurers) paid out 6.25%, while going up 25%.
These aren't fly-by-night companies, so you can see the attraction.
Even if the stock itself does dip, you still get the dividend.

It's not hard to find those.

Thank you....good explanation....appreciated

 

[motorbiking]

Also as previously mentioned, the government will top up the SIPP 20%.

 

[fillyboy]

Thanks guys....will see on Friday.

You haven't said anything about a housewarming party?

 

[Elsa TLC]

...because it's true.

He said its a lie. Make your mind up.

 

[Koolpc]

You haven't said anything about a housewarming party?

Last house warming party I had everyone was really annoyed with me!

I made them all pee outside and drink out of bowls under the table!!!!

 

[Highway Man]

Last house warming party I had everyone was really annoyed with me!

I made them all pee outside and drink out of bowls under the table!!!!

Nothing new for me there then.

 

[Koolpc]

Nothing new for me there then.

Woof?

 

[fivearches]

Kool, I hope you hear some good news on Friday and wishing that it is what you want to hear. You need to have a roof over your head first and then start thinking where you are putting your hard earned savings.

 

[Koolpc]

Kool, I hope you hear some good news on Friday and wishing that it is what you want to hear. You need to have a roof over your head first and then start thinking where you are putting your hard earned savings.

Thank you. Yea, tomorrow is the day! Will see.....

Thanks to everyone on here......

 

[transam]

Good luck to you hope it all goes well