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

Sea_Shell

That blip was short-lived      Thankfully....until next time. 

Nothing to see here.  

cfw1994

The blips are sent to test our nerves…..plenty more ahead, no doubt.
Steady the tiller, full steam ahead, & keep a little to one side to weather to the storms 💪

westv

Sea_Shell said:

That blip was short-lived      Thankfully....until next time. 

Nothing to see here.  

Don't the big drops come along every 7 or 8 years or so? Although the Covid Crash was a little early.

ex-pat_scot

I see them as a regular exercise useful for confirming investment risk appetite / tolerance.
If I'm not tempted to amend my behaviour during the dips, then it's OK.
It is also really helpful in reminding me to be humble: that my investment performance is down to the market, not my insight and skills.

Roger175

It was however a useful 'blip' for me. Although everything is more or less back where it was, it did serve as a timely reminder just how volatile my portfolio is and I have done a bit of adjusting as a result. Having more or less retired (self employed, so not an overnight thing) and having recently done some pension transfers and consequently holding a lot of cash, it has enabled me to re-evaluate how that cash is being invested. 

kempiejon

I have been accumulating cash and buying fixed interest to mature around now in one of my SIPPS as I intend to pull the 25% this year. In July I was a little short of my required cash balance so was thinking if I might sell something, wait for a few more months of dividends to roll in, hang on until my next fixed interest matures in October. Last week I saw I had over 25% in cash.

Sea_Shell

Well, the year marches on, and another month passes without much of note to post about.

Holiday booked for end of next week.    Sunny Hunny     (fingers crossed on the "sunny" bit)

Finding the whole October Budget speculation and scaremongering quite entertaining, in a masochistic sort of way.

It will be what it'll be, and I guess we'll just have to work with whatever it throws at us all.     I'd love to debate it all here, but I know it's not allowed, so lets not go there....yet.   

I'm sure we'll all be chewing it over and dissecting it for months...after we DO know what form the "pain" will take.   

Take care everyone, and enjoy what's left of the summer.

westv

Where is "Hunny"?

hornetgirl

westv said:

Where is "Hunny"?

Hunstanton ☀️ 

Sea_Shell

Good Morning.    The weather for our trip was mixed, but we at least stayed dry!   A good time was had. 

So, we move another month closer to Budget Day (or is that Judgement Day!! ), when we find out how we may be relieved of our nuts.

I've closed off September's books, due to commitments next week, and our % of pot spent, ytd, is 2.43%.   So plenty of spending wiggle room there!!

The main aspects of the budget that I am really interested in are, Pensions access, ISA's, and Interest Allowances*.

Currently I will still be able to access my DC pensions at 55 (just) and my 25% would amount to about £57,000.  
ISA's, we have £113k (DH - S&S), and £143k (me - mixture of 3 types).
As a non-earner, currently none of my (non ISA) interest is taxable, which amounts to about £4k pa

So will be 'interesting' to see what changes will effect the above, either now, or in a year or so's time.    I'm hoping that we manage to stay on the right side of any caps, reductions in allowances etc etc.

Once it's announced and digested, I'll update and do a run-down of how it effects us, specifically.


*Obviously there are other things that may effect us, but they are more general things likely to effect everyone, regardless of the number of nuts they have and where they are buried.