My Interest rate gamble pays off again!

MFW_ASAP

I just remembered the discussion when I first cashed out of equities and bought into Tesco. I got a bit of hassle from Graham_Devon about how I 'always timed the market'. I posted a photo of my pension as proof of the Tesco gains. I'm pleased I did that because it allows me to compare my pension then against today:

MFW_ASAP wrote: »

Well I was actually taking to generali, but you had to jump in...

Interestingly enough, I invested in Royal Mail when they were first offered to the public and made a tidy profit, but that's a different story.

Here is a screenshot of my dealing account. Next time I invest should I clear it with you first?

MFW_ASAP

That was on 08-10-2014

On 10/11/2015 it's standing at £152,190.46.

£152,190.46 - £126,097.35 = £26,093.11 gain in just over a year.
a 20.69% gain

This is without adding any additional monies to the fund. I haven't invested in the SIPP for about 8 years as I put money into my company pension instead to get the employer contributions.

Here is a screenshot for Graham Devon (he demands proof) and Purch (who thinks I'm a fantasist) :rotfl:

Conrad

What kind of income % returns could one reasonably expect these days from a fund?


I've had a lot of work and hassle on my buy to lets this last few weeks, and am just musing future plans in case I cant stand the hassle when retired.

chucknorris

Conrad wrote: »

What kind of income % returns could one reasonably expect these days from a fund?


I've had a lot of work and hassle on my buy to lets this last few weeks, and am just musing future plans in case I cant stand the hassle when retired.

I've already made that decsion Conrad. The ftse 100 is currently yielding about 4.2% on Vanguards ETF, but I actually prefer the Vanguard all world high yield, because it is much more diversified, that pays about 3.5%.

What I particular like about dividends is that when I sell (nearly) all of my property, and also retire, I will only pay 7.5% tax (in the 20% tax band) and 32.5% in the 40% tax band.

MFW_ASAP

If you're selling your properties, could you not live in them for 6 months and get around the capital gains tax completely?

My retirement aim is to sell the farmhouse and downsize to a static caravan while I build an eco house that needs no heating, generates all of its electricity and uses rainwater for toilet flushing, clothes washing. Basically live mortgage free and practically utility free. I'd have my little final salary pension covering the council tax, communications bills (landline,mobile, broadband) and food (supplemented by produce from the garden).

Lovely

Conrad

MFW_ASAP wrote: »

If you're selling your properties, could you not live in them for 6 months and get around the capital gains tax completely?

My retirement aim is to sell the farmhouse and downsize to a static caravan while I build an eco house that needs no heating, generates all of its electricity and uses rainwater for toilet flushing, clothes washing. Basically live mortgage free and practically utility free. I'd have my little final salary pension covering the council tax, communications bills (landline,mobile, broadband) and food (supplemented by produce from the garden).

Lovely

Playing Call Of Duty in an eco house is a funny notion.
Sounds good though, I hate the rat race and the complexity of modern life. All these passwords, updates and technology seems to be drag on me rather than a benefit.

chucknorris

MFW_ASAP wrote: »

If you're selling your properties, could you not live in them for 6 months and get around the capital gains tax completely?

My retirement aim is to sell the farmhouse and downsize to a static caravan while I build an eco house that needs no heating, generates all of its electricity and uses rainwater for toilet flushing, clothes washing. Basically live mortgage free and practically utility free. I'd have my little final salary pension covering the council tax, communications bills (landline,mobile, broadband) and food (supplemented by produce from the garden).

Lovely

Excluding my wife's investment properties and the one that we bought together, I have lived in 3 out of 4 of them already, that was back in my single days when I lived in Battersea (where all my investment owned properties are), so I could move around without affecting my lifestyle. It just wouldn't be worth the hassle of living the last one, I now have a dog too, and his needs are important to me, they wouldn't me met if we moved into that last remaining flat.

We may end up building our own house, subject to finding a suitable plot.

MFW_ASAP

chucknorris wrote: »

We may end up building our own house, subject to finding a suitable plot.

We have a paddock that came with the farmhouse that I am wondering whether I can get planning permission on. We could separate it from the farm's deeds, sell the farm and finance the build with the proceeds.

I suspect the static caravan idea would go down badly with Mrs MFW, so we'd probably look at renting in the village instead. Going off what I've seen on Grand Designs, it'll probably be the better option.

The house will be oak framed with external wall insulation, lots and lots of insulation!

chucknorris

MFW_ASAP wrote: »

We have a paddock that came with the farmhouse that I am wondering whether I can get planning permission on. We could separate it from the farm's deeds, sell the farm and finance the build with the proceeds.

I suspect the static caravan idea would go down badly with Mrs MFW, so we'd probably look at renting in the village instead. Going off what I've seen on Grand Designs, it'll probably be the better option.

The house will be oak framed with external wall insulation, lots and lots of insulation!

That's my problem too, being married = compromise on what you do (sometimes). I found a great plot a couple of years ago, but my wife thought that it was too near the A25, IMO it wasn't, otherwise I would probably have bought it. She also wants our next house to be a bungalow, which I'm not that keen on, but don't feel that strongly enough about it to make a fuss (I'll use it as a negotiating tool).

MFW_ASAP

Just a reminder that even though rates have risen in the US, the UK still hasn't raised their rates and have no plans to do so for the foreseeable future.

"Hurrah for Dithering Dad's/Renovation Man's/MFW_ASAP's interest rate gambles!! Hurrah Hurrah", cry graham devon and the other bears, "Good on him for being so brave!"