It's time to start digging up those Squirrelled Nuts!!!!

shinytop

Sea_Shell said:

As I said up thread, I'll be doing a full round up of the end of year figures...at the end of the year!!!

But prompted by another thread, I've just looked at the swing in our portfolio between the middle of the slump in March 2020 and the recovery that seems to have taken place up until now.   

That swing is just shy of £80,000!   We were down £56,000 from Dec 19 to March 20, and then back up again, increasing by £24,000 in the process.

I know it's just all "on paper" and no gains are real until realised, but still, that's some recovery.    

What's that in percentage terms if you don't mind me asking? (I assume you're happy to share going by previous posts). Looks like we were down 14% from December to March and now about 10% up (December to now).  That's mostly dull multi-asset funds and cash.  Some swing indeed and I'm wondering whether it can last.   

Sea_Shell

shinytop said:

Sea_Shell said:

As I said up thread, I'll be doing a full round up of the end of year figures...at the end of the year!!!

But prompted by another thread, I've just looked at the swing in our portfolio between the middle of the slump in March 2020 and the recovery that seems to have taken place up until now.   

That swing is just shy of £80,000!   We were down £56,000 from Dec 19 to March 20, and then back up again, increasing by £24,000 in the process.

I know it's just all "on paper" and no gains are real until realised, but still, that's some recovery.    

What's that in percentage terms if you don't mind me asking? (I assume you're happy to share going by previous posts). Looks like we were down 14% from December to March and now about 10% up (December to now).  That's mostly dull multi-asset funds and cash.  Some swing indeed and I'm wondering whether it can last.   

If I've done the maths right, we were down 10% Dec 19 - Mar 20.   Then up 15.5% Mar 20 - Dec 20.

Dec 19 - Dec 20 we're up 4% (net of spends).  Gross up 6%

£562k to £506k to £585k.

These are are total pots including cash, so it's not just investments in isolation.

cfw1994

Sea_Shell said:

"If you got that same reasonable growth within the pension, then you would have an equally larger TFLS amount allowed in the future too (assuming no changes to the rules!)."

But how does that help you get it all out, tax free, if that is your goal.   
Surely if all the growth remains within the pension, and you still only draw up to your personal allowance, plus the tax free %, then you can still only draw £16,666 * each year, so it will take longer to get it all out, and could clatter into other pensions, pushing you into paying tax.   
Yes, I can see that if you were wanting or needing to pull out larger sums, then leaving the pot whole would be the thing to do, but for our circumstances, we think this is the best way.
* or £18,333 if utilising a PA transfer.

Simple example.   Say you had 80k in the pot.
Take 20k out - leaves 60K that is subject to tax (ignore whether you filter it out as 12k pa to be tax free - that applies to any of the taxable numbers here)
Invest 20k into S&S ISA in the same funds the pension was in.
Imagine that ISA - those funds - double: now worth 40k.   So did the pension fund - now worth 120k.     
That gives you 40K you can now take tax-free at will from the ISA, & the pension is taxable.
    versus
Leave the 80k pot to grow: it doubles.   160k.   
You can take 25% out as TFLS.  40k.   Leaving 120k to be drawn as taxed income.

So: net result the same - that's why I said it was "a wash".   
I still think it makes sense if you are approaching the LTA, or if you felt a future government might lower that relief.   
Of course, they could raise relief: maybe they will realise that the LTA is artificially encouraging skilled people to retire early & raise it (it has certainly impacted my views, even if I am not that skilled!)

Are you thinking that you would have MORE by taking the TFLS out?   Have I got something wrong above?!

Sea_Shell

"Are you thinking that you would have MORE by taking the TFLS out? Have I got something wrong above?!"

It's not about having MORE, it's about (for us) getting it ALL out TAX FREE, as quickly as possible!

If the pot were much bigger, we wouldn't be able to do that within 10 years.

shinytop

Sea_Shell said:

shinytop said:

Sea_Shell said:

As I said up thread, I'll be doing a full round up of the end of year figures...at the end of the year!!!

But prompted by another thread, I've just looked at the swing in our portfolio between the middle of the slump in March 2020 and the recovery that seems to have taken place up until now.   

That swing is just shy of £80,000!   We were down £56,000 from Dec 19 to March 20, and then back up again, increasing by £24,000 in the process.

I know it's just all "on paper" and no gains are real until realised, but still, that's some recovery.    

What's that in percentage terms if you don't mind me asking? (I assume you're happy to share going by previous posts). Looks like we were down 14% from December to March and now about 10% up (December to now).  That's mostly dull multi-asset funds and cash.  Some swing indeed and I'm wondering whether it can last.   

If I've done the maths right, we were down 10% Dec 19 - Mar 20.   Then up 15.5% Mar 20 - Dec 20.

Dec 19 - Dec 20 we're up 4% (net of spends).  Gross up 6%

£562k to £506k to £585k.

These are are total pots including cash, so it's not just investments in isolation.

You must be quite pleased with that considering it was/is a global pandemic.. 
BTW in case you didn't know you can track your ups and downs by setting up your portfolio on Trustnet.

Sea_Shell

shinytop said:

Sea_Shell said:

shinytop said:

Sea_Shell said:

As I said up thread, I'll be doing a full round up of the end of year figures...at the end of the year!!!

But prompted by another thread, I've just looked at the swing in our portfolio between the middle of the slump in March 2020 and the recovery that seems to have taken place up until now.   

That swing is just shy of £80,000!   We were down £56,000 from Dec 19 to March 20, and then back up again, increasing by £24,000 in the process.

I know it's just all "on paper" and no gains are real until realised, but still, that's some recovery.    

What's that in percentage terms if you don't mind me asking? (I assume you're happy to share going by previous posts). Looks like we were down 14% from December to March and now about 10% up (December to now).  That's mostly dull multi-asset funds and cash.  Some swing indeed and I'm wondering whether it can last.   

If I've done the maths right, we were down 10% Dec 19 - Mar 20.   Then up 15.5% Mar 20 - Dec 20.

Dec 19 - Dec 20 we're up 4% (net of spends).  Gross up 6%

£562k to £506k to £585k.

These are are total pots including cash, so it's not just investments in isolation.

You must be quite pleased with that considering it was/is a global pandemic.. 
BTW in case you didn't know you can track your ups and downs by setting up your portfolio on Trustnet.

Pleased, yes.   Apprehensive that it'll vanish as quickly as it arrived, yes!!

Do you have to create a log in to use the Trustnet portfolio tool?   Is it free?

Can it include funds that don't subscribe to them?    

Audaxer

Sea_Shell said:

shinytop said:

Sea_Shell said:

As I said up thread, I'll be doing a full round up of the end of year figures...at the end of the year!!!

But prompted by another thread, I've just looked at the swing in our portfolio between the middle of the slump in March 2020 and the recovery that seems to have taken place up until now.   

That swing is just shy of £80,000!   We were down £56,000 from Dec 19 to March 20, and then back up again, increasing by £24,000 in the process.

I know it's just all "on paper" and no gains are real until realised, but still, that's some recovery.    

What's that in percentage terms if you don't mind me asking? (I assume you're happy to share going by previous posts). Looks like we were down 14% from December to March and now about 10% up (December to now).  That's mostly dull multi-asset funds and cash.  Some swing indeed and I'm wondering whether it can last.   

If I've done the maths right, we were down 10% Dec 19 - Mar 20.   Then up 15.5% Mar 20 - Dec 20.

Dec 19 - Dec 20 we're up 4% (net of spends).  Gross up 6%

£562k to £506k to £585k.

These are are total pots including cash, so it's not just investments in isolation.

As it includes your cash pots, that is a very good return as the percentage total return on your investments alone will be even higher than that. 

shinytop

Sea_Shell said:

shinytop said:

Sea_Shell said:

shinytop said:

Sea_Shell said:

As I said up thread, I'll be doing a full round up of the end of year figures...at the end of the year!!!

But prompted by another thread, I've just looked at the swing in our portfolio between the middle of the slump in March 2020 and the recovery that seems to have taken place up until now.   

That swing is just shy of £80,000!   We were down £56,000 from Dec 19 to March 20, and then back up again, increasing by £24,000 in the process.

I know it's just all "on paper" and no gains are real until realised, but still, that's some recovery.    

What's that in percentage terms if you don't mind me asking? (I assume you're happy to share going by previous posts). Looks like we were down 14% from December to March and now about 10% up (December to now).  That's mostly dull multi-asset funds and cash.  Some swing indeed and I'm wondering whether it can last.   

If I've done the maths right, we were down 10% Dec 19 - Mar 20.   Then up 15.5% Mar 20 - Dec 20.

Dec 19 - Dec 20 we're up 4% (net of spends).  Gross up 6%

£562k to £506k to £585k.

These are are total pots including cash, so it's not just investments in isolation.

You must be quite pleased with that considering it was/is a global pandemic.. 
BTW in case you didn't know you can track your ups and downs by setting up your portfolio on Trustnet.

Pleased, yes.   Apprehensive that it'll vanish as quickly as it arrived, yes!!

Do you have to create a log in to use the Trustnet portfolio tool?   Is it free?

Can it include funds that don't subscribe to them?    

Log in yes, free yes.  I doubt it can use funds that don't subscribe. 

Sea_Shell

shinytop said:

Sea_Shell said:

shinytop said:

Sea_Shell said:

shinytop said:

Sea_Shell said:

As I said up thread, I'll be doing a full round up of the end of year figures...at the end of the year!!!

But prompted by another thread, I've just looked at the swing in our portfolio between the middle of the slump in March 2020 and the recovery that seems to have taken place up until now.   

That swing is just shy of £80,000!   We were down £56,000 from Dec 19 to March 20, and then back up again, increasing by £24,000 in the process.

I know it's just all "on paper" and no gains are real until realised, but still, that's some recovery.    

What's that in percentage terms if you don't mind me asking? (I assume you're happy to share going by previous posts). Looks like we were down 14% from December to March and now about 10% up (December to now).  That's mostly dull multi-asset funds and cash.  Some swing indeed and I'm wondering whether it can last.   

If I've done the maths right, we were down 10% Dec 19 - Mar 20.   Then up 15.5% Mar 20 - Dec 20.

Dec 19 - Dec 20 we're up 4% (net of spends).  Gross up 6%

£562k to £506k to £585k.

These are are total pots including cash, so it's not just investments in isolation.

You must be quite pleased with that considering it was/is a global pandemic.. 
BTW in case you didn't know you can track your ups and downs by setting up your portfolio on Trustnet.

Pleased, yes.   Apprehensive that it'll vanish as quickly as it arrived, yes!!

Do you have to create a log in to use the Trustnet portfolio tool?   Is it free?

Can it include funds that don't subscribe to them?    

Log in yes, free yes.  I doubt it can use funds that don't subscribe. 

Thanks, I'll have a proper look tomorrow.

One of our main funds is a 7IM one, which on a quick look, says it's not subscribed.

Sea_Shell

Our ISA portfolio (with Fidelity) is up 9% annualised.    Our ISA's represent about 29% of our total pot.   

Cash is approx 14% of the total and the rest is in various DC pensions.