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ds7971

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About ds7971

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  1. Up 3% yesterday..... down 3% today..... *confused* !!!!!
  2. Rouble seems very strong! Almost exactly the same level as it was a year ago, and pre invasion. What's going on?
  3. https://www.onthemarket.com/details/11655682/ Seriously???? £625,000??? This isn't Kensington?!! Average salary in Dorset £31,400. WTF!
  4. FTSE today doesn't seem to suggest recession! Everything is topsy turvey (thats a nice way of putting it!)
  5. Interesting..... 52p/kwh kinda changes the economics for Electric cars... Typically a good electric car does 3.5 miles per kwh, so 14.8 pence per mile. An economical modest petrol or diesel car doing 50 mpg and buying fuel at 150 pence per litre costs: 13.6 pence per mile. So the petrol/diesel is cheaper..... but that's not all.... Don't forget something like 70% of the price of fuel is tax. Domestic electric currently only has low rate VAT, so when the Gov realises Electric cars aren't paying tax (and Electric cars have reached a sustainable % of the cars on the road), then expect some form of tax to be added!!! Interesting..
  6. And thats before you pay any of the other taxes - council tax, fuel duty, vehicle excise duty, TV licence (pretty much a tax), 20% VAT etc.
  7. The interesting thing (to me) about this one is that the annual maintenance charge is £8,800!!!! Yes, almost £800 a month in maintenance!! Just WOW! No wonder it won't sell!
  8. https://www.rightmove.co.uk/properties/107509721 This has come up nearish to me. 2 years ago that would've been 250-300k (as it needs full renovation), 350k absolute tops allowing for largish plot (but not big enough to knock down and build two properties. I mean seriously.... 550k for that (plus 34k stamp duty), so 585k, or around 25 times local average salary, for a rubbish 3 bed bungalow that needs total renovation??? Even on a zero percent mortgage its still £25k a year to pay back that capital over 25 years! This country has gone mad.
  9. I definitely live in hope, but didn't the 1970s inflation cause huge house price increases? (even with high interest rates)? For example, parents house 1968 - £6,000, by 1984 worth around £50k.
  10. Gribble, I can't PM you, please can you PM me regarding moving to / living in Croatia! Thanks
  11. Just wondering people's thoughts on the following: I have a SIPP with AJBell, currently just held as cash, value approx 10k, and a workplace pension through my employer but held at Aviva (as are many people's pensions). Obviously I want to get the SIPP out of cash and into an investment, and while its a useful sum, its not a massive amount! Obviously there's millions of options, but I am favouring either: 1) Keep where is and invest in "Vanguard Lifestrategy 80 acc", cost of platform is 0.25%, cost of Vanguard is 0.22% I believe, so total cost 0.47%. Performance is good with last 5years showing +3, +22, +10, -4, +16. 2) Move the cash to my work pension - currently invested in "My Future Growth" which seems to be basically a World tracker (19% fixed interest, 72% world equity, 9% UK equity). Now this is a new fund, so only shows limited performance, but from 1 Jul 18 to 30 Jun 19 it was +8.4, and from 1 April 18 to 30 Sep 19 shows +14.4, which also seems pretty good. Charges are even better at 0.15% for the platform and 0.15% for the fund, so 0.3% overall. Having just read Lars Kroijer's book - Investing Demystified, he emphasises basically all one needs is some bond and a world tracker - eg 20% bonds, 80% MSCI world index.... and minimise charges and fees. Seems to me both of my options above are pretty similar to that, but if anything the workplace option is slightly cheaper, although has limited performance record. Obviously theres other options to try to beat the market with other funds, but many argue this doesnt work long term. Just interested in people's thoughts, Thanks
  12. Ok so lets assume you had a million pounds to invest (for arguments sake!)... what would be "bad" about the following strategy? (I can think of a few things, but hey, NO strategy would be perfect as any investment is pretty unpredictable!) There's a load of investment trusts with LONG dividend increase histories (eg City of London 50+ years, Bankers 50+ years etc), so why not just put say 250k in each of: 1) City of London (current yield 3.8%) 2) JPM Claverhouse (3.6%) 3) Murray (4.0%) 4) Merchants (5.1%) Income from dividends = £41,250 a year (not guaranteed, BUT 34, 37, 43, 50 year dividend history). Ok the value of your "capital" may go down...... and up..... and down.... and up..... but given those (or other) trusts' history, the dividend SHOULD be mantained or increased. Discuss Thanks
  13. hi Hp72.... I'd be very interested to join or hear about your group, I've been trying to find a plot for literally years! Thanks.
  14. Hi folks, So I read a lot about investments and Index Trackers are widely recommended due to their low cost, and the fact that according to stats a large number (most?) Active Funds perform worse than Index Trackers. I struggle with this fact, bearing in mind (for example) that the FTSE100 is currently more than 10% lower than it was 16 years ago! Am I really supposed to believe that the average Active (Managed) Fund has lost money over 16 years??? Be grateful for your thoughts and comments! Cheers!
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