FTSE 100 and European indices record best annual rise since 2009

vivatifosi

dryhat wrote: »

My best investment of the year went up 1800%

In my book, that would be a good time to say thanks for the good ride and take a profit. Of course, bitcoin may still go up, but if you looked at the cone of risk going forward, wouldn't the downside risk be greater?

Glad I spellchecked that. Tablet had replaced bitcoin with bicycling. Would make it sound like you are riding the Tour de France.

chucknorris

vivatifosi wrote: »

In my book, that would be a good time to say thanks for the good ride and take a profit. Of course, bitcoin may still go up, but if you looked at the cone of risk going forward, wouldn't the downside risk be greater?

Glad I spellchecked that. Tablet had replaced bitcoin with bicycling. Would make it sound like you are riding the Tour de France.

If London property goes up rapidly I may partially sell up, the only thing is that the income is quite good and the there is the problem of where to re-invest the money.

dryhat

vivatifosi wrote: »

In my book, that would be a good time to say thanks for the good ride and take a profit. Of course, bitcoin may still go up, but if you looked at the cone of risk going forward, wouldn't the downside risk be greater?

I've already taken out many times more than my original investment.

I am quite happy leaving the rest because I think Bitcoin is a better store of value than £ and as a new terchnology is here to stay. It is from the technology that bitcoins derive their value and that isn't going to change.

I have also diversified into other cryptocurrencies and I think their prospects look good as well.

youngsaver1995

I managed 6% return since I began investing in mid September , expecting a good 2014.

Loughton_Monkey

wotsthat wrote: »

....I managed 19% in my Sipp including dividends and net of fees (compared to 2012's 22%). Would've been higher if it hadn't have been for pesky RSA and their Irish problems.

I'd like to personally thank Ben Bernanke for his ill-thought out comments on tapering earlier in the year and to Graham for posting about how we may be addicted to stimulus and the sky might fall in as a result - these events led me to invest a whole years contributions in a single pop.

Saving when it was a struggle is turning out to be worth it. It's ensured that the gains haven't been large percentages of F all.

Hope everyone else here has done even better - Happy New Year!

With returns like that, you might be forced to retire early!

I'm sure there are literally millions who would have made more than 19%, but chose not to put any away because of a perceived "cost of living crisis".

Sadly, my pension pots only went up 15%, but I do have rather a 'safe' portfolio in view of my age. I wish my ISA had done as well but sadly Natural Resources/India/Latin America didn't perform as well this year.

Since October, when all my long term savings bonds expired, I shoved quite a bit into two Absolute funds, hoping to get rather more than 1.7% less tax. I'm gobsmacked to see 8.5% tax free growth since 15th October! Think I'll shove a bit more that way....

wotsthat

Loughton_Monkey wrote: »

With returns like that, you might be forced to retire early!

'tis the plan.

Just been juggling mortgages and Nationwide have valued my main residence at c20% more than I do. Had a look around and, with a good wind they may be right, which is really good news (for me) because it means the differential between current house and retirement house is smaller than I thought. (I'm going to upsize the house and downsize the job).

Happy days.

Loughton_Monkey wrote: »

I'm sure there are literally millions who would have made more than 19%, but chose not to put any away because of a perceived "cost of living crisis".

Unfortunately this message is falling on deaf ears. Only the 'lucky' ones are listening.

Loughton_Monkey

wotsthat wrote: »

......Just been juggling mortgages and Nationwide have valued my main residence at c20% more than I do..

Probably they have no data on house prices with which to estimate it accurately.....

Try the Halifax!

grizzly1911

wotsthat wrote: »

'Only the 'lucky' ones are listening.

Glad so many of us have benefited.

Hasn't got something to do with turkeys?

Nothing lucky about it you have to have the money in the first place in order to to make the choice. Without the money you don't have a choice. Plenty with the money make lousy life choices.

Remember what goes up can come down.

chucknorris

grizzly1911 wrote: »

Remember what goes up can come down.

and go back up again (although I don't invest in individual shares, which can of course fall to nothing), the tricky part is deciding at what level to top up.

wotsthat

grizzly1911 wrote: »

Nothing lucky about it you have to have the money in the first place in order to to make the choice. Without the money you don't have a choice. Plenty with the money make lousy life choices.

For every person that's attempted to become more financially independent and failed there are thousands that are kidding themselves that they don't have the choice.

grizzly1911 wrote: »

Remember what goes up can come down.

That's right. Too many are discouraged when they find the road to financial independence isn't a straight line.