Making chicken feed of my mortgage

muddywhitechicken

Fortune_Smiles wrote: »

Aaaaargh! Red Mite! Hopefully you've caught it early MWC. It's such a pain to get rid of.

Enjoy your walk today.

Fortune x

I've checked the coop and there are still a few red mite
More insecticide ordered

The walk was very enjoyable - an easy 6 miles

We picked 750g of bullaces and a small rucksackful of apples :TI'm going foraging with my dad on Friday for blackberries, elderberries and sloes - next weekend is hedgerow jelly making weekend :cool:

We also bought 1kg of victoria plums at a roadside stall

Eggs IN 6
Eggs OUT 4 (egg mayonnaise sandwiches - even tastier than normal as eaten in the great outdoors)

Our last MOP is now showing online. The current total = £143,068 :j

muddywhitechicken

Daily mortgage interest is now less than £10/day :j:j:j

£9.79 to be precise

gallygirl

muddywhitechicken wrote: »

Daily mortgage interest is now less than £10/day :j:j:j

£9.79 to be precise

:rotfl: How sad that I'm pleased for you :rotfl:. Really gives you a lift, doesn't it . Are you sure it doesn't creep up above £10 during the month?

muddywhitechicken

gallygirl wrote: »

Are you sure it doesn't creep up above £10 during the month?

I've absolutely no idea GG - I hope not!

Egg update - 2/3 boxes sold on Friday (£3) and the third was swapped for a bag of Bramleys yesterday :T

Despite having a stonking headache yesterday evening, I peeled, cored and sliced the apples and they are now in the freezer ready to make 3 batches of Bramley lemon curd for my Christmas hampers

I've updated MFiT-T3 - we've reduced our mortgage by £22,412 in 9 months :j

In other money news: I've received a £5 gift voucher for taking part in an unaddressed mail survey and Mr MWC didn't notice that I was logged into TCB on his iPad so I'll be receiving £5.40 from the airport parking for his next business trip :rotfl:

misscousinitt

Bramley Lemon Curd sounds lovely...could you share the recipe? How long does it keep for?

Hope your headache has now gone.

Take care.

MCI

muddywhitechicken

Feeling much better now MCI - thank you!

Here's the recipe:

http://www.rivercottage.net/recipes/bramley-lemon-curd-/

It does have to be eaten within 4 weeks though so I make it the week before Christmas to go in my hampers - not ideal in the run up to Christmas but I'd be lynched if I didn't make it:rotfl:

muddywhitechicken

So I had the rescheduled appointment with my IFA this afternoon, primarily to transfer my old pension fund to a Scottish Life Governed Portfolio.

We were also discussing my Nationwide/L&G S&S ISA/Mortgage-Linked Equity Plan and he suggested that I may want to withdraw £20,000 from it and pay a lump sum off the mortgage now.

I can't quite get my head around that so I have now made an appointment to see the Financial Planning Manager at my local branch.

Surely my S&S ISA must be making more than the 2.5% interest I'm paying on my mortgage???

shala_moo

Thanks for the recipe link MWC - looks gorgeous, might have to make some too.

muddywhitechicken

muddywhitechicken wrote: »

Surely my S&S ISA must be making more than the 2.5% interest I'm paying on my mortgage???

Well maybe it isn't... I've had a look on the L&G website and the fund has a yield of 2.20%

But then I read elsewhere that it had the following cumulative performance (%):

1 year +17.5
3 years +31.7
5 years +40.3

Which sounds impressive but I don't know what it means :rotfl:

It's all too confusing

edinburgher

It's quite straightforward (I think!)

The yield is the 'interest' (dividend payments received etc.) that have been paid to you for the year as an investor.

The cumulative performance is the amount that the investment has grown (or shrunk) over time.

So (roughly speaking) if you had £100 invested for a whole year since they calculated the numbers, you'd get c. £2.20 in dividends (either re-invested, or paid to your bank account) and the investment would now be worth £117.50 (or £119.70 if you chose to re-invest).

I think that's close enough to right for you