Checked this morning and it's now at £8848.34 making 8.03%Despite the market dropping due to world issues my S&S ISA is now back up to £6009.27 and making 11.28%
I'll take that!
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For any finance geeks out there, worth keeping an eye on what’s happening in US at the moment following the ‘failure’ of SVB. Already having a knock on affect on markets here.
I guess this is what happens when you have non existent interest rates for years, continue to print tens/hundreds billions and then have central banks having to raise rates at a crazy pace to stifle out of control inflation….whole system can start to creak/crack
Going to be a volatile few days or weeks
Going to have any effect on interest rates here, you think?For any finance geeks out there, worth keeping an eye on what’s happening in US at the moment following the ‘failure’ of SVB. Already having a knock on affect on markets here.
I guess this is what happens when you have non existent interest rates for years, continue to print tens/hundreds billions and then have central banks having to raise rates at a crazy pace to stifle out of control inflation….whole system can start to creak/crack
Going to be a volatile few days or weeks
I've just opened my first SIPP in the last few weeks (in my early 30's), as my circumstances mean I can suddenly put a fair chunk in pension. Trouble is I have no idea what I'm doing. The SIPP is with AJ Bell, and I want to invest the money in various funds. Any tips or advice on choosing funds, and how much to put in each one? I'd like a high risk portfolio as won't be touched for 30 years.
Thanks.
There's loads of stuff on their website about how to do it and you can let them manage it for you if you'd prefer.
1000%. Your SIPP will hopefully be life changing, i think its 55 with AJBELL? Find a reliable growth stock that pays big dividends.I'm getting the feeling that I'm actually going to have to put some effort into educating myself.
Going to have any effect on interest rates here, you think?
I've just opened my first SIPP in the last few weeks (in my early 30's), as my circumstances mean I can suddenly put a fair chunk in pension. Trouble is I have no idea what I'm doing. The SIPP is with AJ Bell, and I want to invest the money in various funds. Any tips or advice on choosing funds, and how much to put in each one? I'd like a high risk portfolio as won't be touched for 30 years.
Thanks.
First of all I think you need to learn what the term high risk actually meansI've just opened my first SIPP in the last few weeks (in my early 30's), as my circumstances mean I can suddenly put a fair chunk in pension. Trouble is I have no idea what I'm doing. The SIPP is with AJ Bell, and I want to invest the money in various funds. Any tips or advice on choosing funds, and how much to put in each one? I'd like a high risk portfolio as won't be touched for 30 years.
Thanks.
First of all I think you need to learn what the term high risk actually means
High risk would be a part of your portfolio. I wouldn't go past 20% at your age. Never more than 10% myself though. Medium risk long term is the way to go. But also low risk. When you reach your mid 40's start to reduce risk. 5 years before you plan to retire get it to level out at low risk.
I retired yesterday
All my money is in low risk. Aim is 4% pa. Beat it easily usually. Lately been saved by being in bonds. Just remember once it's gone..... compound interest is great but the losses more drastic. You need to make nearly 50% profit two years on the trot to make up a single 50% drop.
Cheers mateCongratulations on your retirement
First of all I think you need to learn what the term high risk actually means
High risk would be a part of your portfolio. I wouldn't go past 20% at your age. Never more than 10% myself though. Medium risk long term is the way to go. But also low risk. When you reach your mid 40's start to reduce risk. 5 years before you plan to retire get it to level out at low risk.
I retired yesterday
All my money is in low risk. Aim is 4% pa. Beat it easily usually. Lately been saved by being in bonds. Just remember once it's gone..... compound interest is great but the losses more drastic. You need to make nearly 50% profit two years on the trot to make up a single 50% drop.
thats about 8% per year, not badSeeing this reminded me I got cocky when I first had disposable income about 10 years ago and bought some shares in JustPark. Just checked and my £20 of shares is now worth £43
And there ends my knowledge of the subject.
Three years to the day. Currently deposit £250 a month without roundupsWell you've convinced me to sign up!
£50 a week on an adventurous level Stock and Shares ISA
Look forward to monitoring the results!
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Is that 7.86% over that time or annually? Reason I ask is the top savings accounts are currently offering 5.3% pa for 3 years fixed. May be worth a gander. Of course the stocks and shares isa may be sitting on some low valued stock that suddenly raises taking that figure a lot higher.Three years to the day. Currently deposit £250 a month without roundups
I'm now sitting on £9977.08 making me 7.86%. That percentage is despite COVID, the crypto current crash and the war in Ukraine
Just shy of £10k in three years, really pleased with that! Long may it continue!
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Sorry also meant to say fair play getting some savings in the bank even during this period with cost of living etc!Three years to the day. Currently deposit £250 a month without roundups
I'm now sitting on £9977.08 making me 7.86%. That percentage is despite COVID, the crypto current crash and the war in Ukraine
Just shy of £10k in three years, really pleased with that! Long may it continue!
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76% Growth in 5 monthsCant see Tesla recovering TBH. Always massively overpriced.
shopify around 40%,I tend to look more at the tech stocks as at least they are not pure pyramid selling
The tech stocks are hindered by a lot of uncertainties etc, but I dont think there is room for them to go too much lower assuming they are viable businesses - the likes of Amazon/ Tesla/ shopify etc some running at 25% of their peak post pandemic
now the peaks were massively over inflated, but in a bull market, you would expect these to be running at 30%+ higher than their current values
May take time, but in 2 years and once inflationary pressures/ interest rates reduce and the economy comes back, they will prove to be a good investment
It's the % growth at the moment. It could change tomorrowIs that 7.86% over that time or annually? Reason I ask is the top savings accounts are currently offering 5.3% pa for 3 years fixed. May be worth a gander. Of course the stocks and shares isa may be sitting on some low valued stock that suddenly raises taking that figure a lot higher.
76% Growth in 5 months
shopify around 40%,
Amazon around 30%
I was saying 30% undervalued - so now back to proper values
Sounds similar to my pension took a 10% dip after the Ukraine invasion I'm playing in a few places at the moment like Etoro but most cash is going in to the house until the end of this year so mainly instant access for now.It's the % growth at the moment. It could change tomorrow
The highest it's been is around 19% in December 2022 a month or so before it kicked off on Ukraine. It was -1% around March/April 2022
I would go for that savings account if you can lock away, especially if you've got a fair amount of savings! My S&S ISA isn't my emergency fund, I'm in for the long haul
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Apple released VR glasses yesterday, shawes dropped 2%, standard!!!
Yeah was a classic case of sell the news. slightly high price point too, but people will soon realise it's more than a toy.Don’t these things usually get priced in early then when they inevitably aren’t perfect bounce back a bit?
Have you paid in £9k (36 x £250)?Three years to the day. Currently deposit £250 a month without roundups
I'm now sitting on £9977.08 making me 7.86%. That percentage is despite COVID, the crypto current crash and the war in Ukraine
Just shy of £10k in three years, really pleased with that! Long may it continue!
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Yeah was a classic case of sell the news. slightly high price point too, but people will soon realise it's more than a toy.
About £9250 in total give or take. My S&S ISA is a deposit and forget account and I'm in it for the long haulHave you paid in £9k (36 x £250)?
Scores on the doors people?
good or bad?
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