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Where are your savings and/or investments going?
Comments
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Low savings rates have done me a favour. Over the past 2 years I`ve invested more into equity funds. This has produced a very healthy return (which I recently partly cashed in).
I would have been quite happy to continue to keep the majority of my savings in normal savings accounts and cash ISAs, but lower than inflation savings rates made me look elsewhere. I took a risk and it has paid off, so far.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
A relative buys what I call 'toy cars' as his core investment strategy. I can't say his wife is too impressed. (He calls them collectibles). I remain unconvinced.
Of course, sods law will prove him right and me wrong! It's guaranteed
I have a UFO Interceptor
No box unfortunately but one went for at least £100, may have been £200 on one of those auction programmes. Mine has a white missile and orange rubber tip which looks nicer. you copuld put one oif those paper "cap" strips between the missile and the actuator to give a nice bang when you fired it.:D"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Maybe but do your own research and don't take any investment advice from a random guy on an Internet forum about investments, they"re not investment gurus otherwise they wouldn't be posting soundbites on an Internet forum with 20 users.
Saw that someone posted on the Savings and Investments board that the new IFA regs qualification is equivalent to NVQ4 don't know that fills me with confidence either.
Plus a load of experience, wisdom and knowledge maybe."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Harry_Boyle wrote: »I'd love to know the extent of your portfolio. For someone so risk averse I can't imagine it amounts to anything more than a few quid in a cash ISA. No wonder you are so jealous of people who do have cojones to invest and get a good return.
Fable of the Hare and Tortoise well worth a read.
See Chucky is thanking your posts now rather than the usual suspects. Wouldn't happen to be another of your incarnations.0 -
A relative buys what I call 'toy cars' as his core investment strategy. I can't say his wife is too impressed. (He calls them collectibles). I remain unconvinced.
Of course, sods law will prove him right and me wrong! It's guaranteed
Price of many has collapsed in recent years. Best done as a hobby rather than an investment.0 -
Thrugelmir wrote: »Fable of the Hare and Tortoise well worth a read.
See Chucky is thanking your posts now rather than the usual suspects. Wouldn't happen to be another of your incarnations.
Indeed, so you admit that you don't invest in the stockmarket and all your capital is in Cash ISAs. I've no problem with that, but it does show that not only are you risk averse but you also have limited knowledge of financial markets and should stop spouting on the subject as though you are an expert.
As far as 'chucky' is concerned, I think you need to look at chucky's MSE join date. I'd have a much more profitable use for a time machine than creating sockies to argue with you. I would at least win the lottery a few times. You're grasping at straws thrug and showing just how lacking in intelligence you are. You seem to be giving up on debate and resorting to 'a path well travelled' with a bit of trolling. You are also giving me the moral high ground. :rotfl:0 -
Thrugelmir wrote: »Price of many has collapsed in recent years. Best done as a hobby rather than an investment.
I noted the fragility of collecting when a relative passed away, leaving boxes and boxes of first day stamp covers; those royal wedding type sets.
I shudder to think what was spent over the years. The value now ? A measly fifty quid.
As with all things you'd have to know your stuff.0 -
Coolgrizzly1911 wrote: »I have a UFO Interceptor
No box unfortunately but one went for at least £100, may have been £200 on one of those auction programmes. Mine has a white missile and orange rubber tip which looks nicer. you copuld put one oif those paper "cap" strips between the missile and the actuator to give a nice bang when you fired it.:D
I bet there are thousands without the missile. It was always the thing which went missing.0 -
Low savings rates have done me a favour. Over the past 2 years I`ve invested more into equity funds. This has produced a very healthy return (which I recently partly cashed in).
I would have been quite happy to continue to keep the majority of my savings in normal savings accounts and cash ISAs, but lower than inflation savings rates made me look elsewhere. I took a risk and it has paid off, so far.
When did you cash in your equities? Were they in funds?
Just wondering whether you cashed in because you felt there would be a correction in the market or because you were looking to move to new equity investments?0 -
Chuck, as I understand it you've already retired once and work as a hobby/ challenge, you are comfortably off and have the security of a future income from your BTL portfolio.
Why not spend more rather than invest more (second home/ holidays/ dog charities)?
Can't take it with you.0
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