Learning to walk before I run

Alchemilla

edinburgher said:

@Alchemilla - Yes. ISAs and SIPPs for both of us, small JISA for DD1. Our ISAs predominantly for the girls, minute pot of my own

edinburgher said:

@Alchemilla - Yes. ISAs and SIPPs for both of us, small JISA for DD1. Our ISAs predominantly for the girls, minute pot of my own

Stupid question, are they in the much vaunted index tracker funds or am I out of date?

edinburgher

A quiet couple of days. I'm back to doing limited overtime at work, which is financially the most sensible option, even if I am a little wary about it (and had to eat some humble pie asking to do it again). Basically, 5 hours a week is an extra £8,500 a year, studies can't touch that. When I'm in the right headspace it's also exceptionally easy because I am good at my job, procrastination and imposter syndrome aside. 

As such, I've cut back on the studies substantially, the plan is to do the 2-minute "50p" ones, but to stay away from the larger ones as much as possible. I'll come up with some overly complicated system to split the monies earned between my SIPP/household budget/my pocket.

£11.61 OPed.

@KajiKita - Still no idea what is wrong with cat, she can't use the offending leg. Antibiotics have reduced her temperature and the swelling, working theory is it may be an abscess after a bite that wasn't visible from the multiple inspections that she has had (3 and counting). £850ish paid to the vet so far, that cat has some good drugs...

@Suffolk_lass - The only problem with that is that the day before is Mother's Day! Planning a nice boozy brunch for Mrs E and MIL, so we may not have the appetite for a birthday dinner as well. I'm a creature of habit, birthday dinner is normally a big steak and a nice bottle of red. We're having a bottle of the Rustenberg "Peter Barlow" this year, I'm wondering if it is worth the price increase from the usual John X Merriman. Might move it to Saturday, although I am taking the day off on my birthday.

@Alchemilla - Most of Vanguard's offerings are passively managed index tracking funds. We use their Target Retirement funds, which are basically bundles of other passively managed index tracking funds that they offer. While they have retirement in the title, we just think of them as target dates.

• Target Retirement 2035 Fund - Accumulation (DD1 university)

• Target Retirement 2040 Fund - Accumulation (DD2 university & retirement)

• FTSE Global All Cap Index Fund Accumulation (Tiny personal pot/nest egg

LadyWithAPlan

The £8500 a year for 5 hrs a week is fantastic - I often don’t do surveys as my hourly rate is much more 

hope cat heals and you manage the OT ok 

South_coast

edinburgher said:

I'll come up with some overly complicated system to split the monies earned between my SIPP/household budget/my pocket.

We wouldn't expect anything less 😀!

Suffolk_lass

If you are using the retirement funds because of the target dates, I assume you are aware of the move away from equities and progressively more gilts and bonds, to de risk the capital in the years running up to the date? Mine (a 2015 fund) I have kept to compare and the 40% equity fund has grown just slightly slower over almost the same period (13.78% vs 12.36%).

Ah yes, Mothering Sunday. Not a big ticket item here. Just a card for my Mum (I did send her flowers for my birthday though, as she did all the hard work!)

edinburgher

@Suffolk_lass - That was why we chose them. Lowered risk profile and hopefully less volatility towards the end. Not quite sure the bond markets got the message over the last few years but it's a good idea 😜 

Think the 2040 is still 70%+ equities

KajiKita

Sending Chloe-cat, oak tree climber extraordinaire, good wishes to your cat …

KK

edinburgher

Cat seems like she wants to get better, not using leg properly but has started trying to jump on things again? Booked in for a £1,300 CT scan

Poor DD1 broke her arm at school falling down a hill   Just a wee fracture, hopefully heal quickly.

beanielou

Whit to the cost of the CT scan for the cat. 

Hope DD1 is on the mend soon. 

edinburgher

@beanielou - 3x the cost of a private human MRI!