BoE Votes to keep interest rates at 0.5%

chucknorris

grizzly1911 wrote: »

Care to share all these PMs Reno or is it the usual fan club:rotfl::rotfl:

For someone who posts how successful he is I find it sad that you appear to have such problems on an anonymous forum.

I have never challenged the fact they are wonderful tax efficient vehicles.

I think you have since posted, under one of your names, that you accept pensions are part of balanced savings approach.

Eggs and baskets.

What was the pensions arguement all about?

I used to think pensions were a bad idea (for me) until a couple of years ago when I realised that I hadn't really thought it out properly, so recently I have been investing extra cash in my pension.

Graham_Devon

Harry_Boyle wrote: »

The sad thing is that, according to the more moderate people on this forum who PMed me, even that 'victory' two years ago wasn't true.

The people who PMed me said it was true.

Now where do we go now that we both have gathered eveidence of PM's which didn't exist and we can't prove?

DervProf

Harry_Boyle wrote: »

A couple of years ago??!! Really? :rotfl:
Blah,

Blah,

Blah,

Well, we can plainly see why you follow him around like a whipped dog, I wonder why the other vultures follow him around?

I simply answered your question honestly, and you "go off on one".

RM was PPRed (twice, so I`ve read), and I haven't seen him here since. He seemed a rather easily angered individual. From what I remember, he started out "playing the victim", and eventually dished it out like a school bully.

I suggest you calm down a litle, otherwise you may go the same way as RM.

DervProf

Harry_Boyle wrote: »

Wow, this renoman must have given you an absolute forum drubbing over the past 2 years if you're dredging up that 'victory'!!

And did I mention anything about it being a "victory" ?

It is you who is using terms such as "drubbing" and "beatdown".

You sound as angry and bitter as RenoMan used to.

JonnyBravo wrote: »

Blimey. Was someone on the pop last night?

No, but someone was about to go pop last night by the looks of it.

grizzly1911

chucknorris wrote: »

What was the pensions arguement all about?

I used to think pensions were a bad idea (for me) until a couple of years ago when I realised that I hadn't really thought it out properly, so recently I have been investing extra cash in my pension.

Merely a discussion about investment strategies.

Reno was heavily into pensions for all good reasons - tax relief at highest rate , income at lowest rates.etc. He had a good pot invested in a SIPP and is doing really well.

I said I preferred to spread my investments around a bit. I have a pretty good pension provision but also run savings investments in parallel to give me flexibility along the way but apparently this was wrong:(

I don''t believe it is wise to put all your eggs in one basket.

chucknorris

grizzly1911 wrote: »

Merely a discussion about investment strategies.

Reno was heavily into pensions for all good reasons - tax relief at highest rate , income at lowest rates.etc. He had a good pot invested in a SIPP and is doing really well.

I said I preferred to spread my investments around a bit. I have a pretty good pension provision but also run savings investments in parallel to give me flexibility along the way but apparently this was wrong:(

I don''t believe it is wise to put all your eggs in one basket.

Thanks, I was incorrectly guessing that the 'discussion' might have been the other way around (no partcular reason though, hence my question). I agree diversity can be good but of course if something is stand out value it is worth a heavier weighting. Currently my (excl my wife's) assets are:

property 66%
cash 20%
pension 9%
shares 5%

I'm buying additional pension at the moment in about 3 years time those percentages will change to:

property 59% (assuming no/minimal capital growth)
cash 20%
pension 15%
shares 6%

With the poor return on cash and the stock market recently up I must admit I have been thinking about buying another house. I did look at freehold ground rents but I can see myself getting frustrated by having to continually chase slow paying leaseholders.

If I did buy another property the percentages (in 3 year's time) would become:

property 62%
cash 17%
pension 15%
shares 6%

Which isn't really adressing the issue, which is that I am light in shares, the problem is that I see more value in property than shares at the moment (with a long term view). But I am trying to resist the urge to buy more property, simply from a diversity point of view.

As I see it my immeddiate options are:

Invest in a freehold ground rent investment
Buy more shares
Buy another house (50/50 with my wife)
Or a combination of the above
We are also considering a (small scale) move into property development

chucknorris

DervProf wrote: »

I'll also add that he once accused me of being another forum member, geneer. I have only every had one forum account, the one I'm using now.

I think I said at the time, that you couldn't possibly be geneer because geneer is a total !!!!!! who only came on here to stir it. He was quite unique (in a bad way).

DervProf

chucknorris wrote: »

I think I said at the time, that you couldn't possibly be geneer because geneer is a total !!!!!! who only came on here to stir it. He was quite unique (in a bad way).

Thank you.

I kind of enjoyed geneer's "contributions" (probably because he was closer to my way of thinking than yours). Over the past couple of years, I think RenoMan invested in larger and larger spoons.

chucknorris

DervProf wrote: »

Thank you.

I kind of enjoyed geneer's "contributions" (probably because he was closer to my way of thinking than yours). Over the past couple of years, I think RenoMan invested in larger and larger spoons.

I've thanked you but obviously nothing to do with your geneer comment, which surprises me because I always thought that you were a fair person and geneer would always taking the 'troll' approach.

DervProf

chucknorris wrote: »

I've thanked you but obviously nothing to do with your geneer comment, which surprises me because I always thought that you were a fair person and geneer would always taking the 'troll' approach.

geneer was a "troll". I suppose I enjoyed some of his posts because he was on the "bear" side of the fence.