How much can house prices keep rising ?

Crashy_Time

chucknorris wrote: »

Crashy, I'm not focused on house prices, they will be what they will be, I am starting to sell, there isn't any stress at all, in fact, I am enjoying the thought of looking forward to selling them. I am however very focused on share prices, I see a lot of volatility ahead and I want to earn from it.

You were greedy, you waited too long, and you misinterpreted the political signals. Stick to trackers and savings accounts IMO.

economic

chucknorris wrote: »

Crashy, I'm not focused on house prices, they will be what they will be, I am starting to sell, there isn't any stress at all, in fact, I am enjoying the thought of looking forward to selling them. I am however very focused on share prices, I see a lot of volatility ahead and I want to earn from it.

What's your strategy regarding shares? If you see volatility ahead will you be timing g the market more?

chucknorris

Crashy_Time wrote: »

You were greedy, you waited too long, and you misinterpreted the political signals. Stick to trackers and savings accounts IMO.

Waited too long? Our equity is £1m more than when you first started telling me to sell. I don't do savings accounts when they don't pay anything (allowing for inflation). I already have plenty in trackers, and after the current sale goes through (April) I will have more in my trackers than I have in investment property!

chucknorris

economic wrote: »

What's your strategy regarding shares? If you see volatility ahead will you be timing g the market more?

I am guilty of wavering on this subject, half of me thinks that this is an opportunity, and the other half thinks that I shouldn't tinker, and that I should just settle for the guaranteed dividend income. I can't pretend my 'strategy' is anything particularly clever, but what I have done this month is moved (currently) just over £215k into cash within my ISA/SIPP (I can't do it outside of wrappers because of CGT). I'm only targeting about £10-15k per annum, it is just a bit of fun really. I already have buy orders placed to re-invest with that £215k, so I am hoping the ftse dips a little further. My dividend income is paid every 3 months, so I am trying to sell and buy back within those 3 month windows.

hildosaver

chucknorris wrote: »

I am guilty of wavering on this subject, half of me thinks that this is an opportunity, and the other half thinks that I shouldn't tinker, and that I should just settle for the guaranteed dividend income. I can't pretend my 'strategy' is anything particularly clever, but what I have done this month is moved (currently) just over £215k into cash within my ISA/SIPP (I can't do it outside of wrappers because of CGT). I'm only targeting about £10-15k per annum, it is just a bit of fun really. I already have buy orders placed to re-invest with that £215k, so I am hoping the ftse dips a little further. My dividend income is paid every 3 months, so I am trying to sell and buy back within those 3 month windows.

Wow your figures are way beyond anything I can imagine. Fair play to you - I can only assume you managed to get a very well paid job to get started out?

chucknorris

hildosaver wrote: »

Wow your figures are way beyond anything I can imagine. Fair play to you - I can only assume you managed to get a very well paid job to get started out?

A fairly well paid job, plus I have usually burned the candle at both ends when I was younger, by running businesses whilst working full time.

lisyloo

So in a global world why would you want to live, drink or even make robots in London?

Robot businesses will be attracted to London because the best robot designer talent will be concentrated in London.
People in lower paid job (bus drivers, barristas, waiters, retail workers) will go to London because of the high number of jobs because of the concentration of higher paid people.


If this isn't right tell me why (I'm one of few who actually listens).
Tell me why this will change and why.

Crashy_Time

lisyloo wrote: »

Robot businesses will be attracted to London because the best robot designer talent will be concentrated in London.
People in lower paid job (bus drivers, barristas, waiters, retail workers) will go to London because of the high number of jobs because of the concentration of higher paid people.


If this isn't right tell me why (I'm one of few who actually listens).
Tell me why this will change and why.

Whether the half dozen or so landlords and highly leveraged/bubble price property owners that post on here listen or not is of no consequence to me, this is pure entertainment all the way :T


The media (and reality) long ago took over from where the HPC website started. You seem to hope that "Robotics" will just replace "Finance" and the London bubble can continue? Problem with that is that robotics steals jobs, it doesn`t create them, the numbers needed to design robots are tiny compared to the banking sector, and the work could be done anywhere, and once a design is complete the actual work can be offshored, plus things like bus drivers will be a thing of the past if robotics takes off (it won`t IMO) London will have to take it`s medicine from the Brexit/Trump world, robotics isn`t going to save the day.

padington

Crashy_Time wrote: »

So in a global world why would you want to live, drink or even make robots in London? The average person on a trading desk all day will just crash in a flat near where they work IMO.

A global world means global cities and London is one of the best. Maybe one day, the defacto capital of the free world once again.

chucknorris

economic wrote: »

What's your strategy regarding shares? If you see volatility ahead will you be timing g the market more?

My provisional buys were just activated, so I am fully invested again, if the market goes back up to (haven't made my mind up) I will sell another £100k , and if it goes up after that, I'll do it again. I didn't make a lot, only just under £1,200, but it is only a bit of fun.