callaght

so if i invested 7200 today in a maxi isa and assuming 10% growth per year, after 20 years it would be worth 44035 but if I put that 7200 in a sipp in the same assets as the isa and assumed 10% growth per year for 20 years, would i then have 44035 * 40% = 61648 if so, could i then withdraw 61648 each year like i would with the isa? also, is the minimum age to get your money out of a sipp 50?

i agree with stew007 i fill my maxi isa each year and plan on doing for the next 20 or 30 years, surely this is as good as a sipp? when I retire I hope to cash in 1 maxi isa per year and use that as my yearly income does anyone think this is a bad idea?

Cant get it to work on my mac can anyone help?

Just out of interest, I dont suppose anyone knows of a credit card that gives you air miles to be used with KLM?

I'm up for a few beers, last two meets were top quality! What time and where? (ideally Wednesday or Thursday) No offence, but I'm not going if there's any bnp stuff either The pub by piccadilly for the last meet was good (cant remember the name) lots of beers on tap that I've never heard of!!

Thanks for the advice Rachman. I expect a Z4M 3.2 is going to cost a lot more than a Z4 3.0 though? Golf TDi is a good idea too, but I just love the way the Z4 looks! My current car the total opposite - a Suzuki Alto 1.0 and I'm hoping that it lasts another 6 months, at least to see if the credit crunch brings out some bargains. I've always had rubbish cars and now I can afford it I want a decent one for once (My sensible side is pleading with me to get another banger and make a huge dent on my mortgage - I'm torn!)

24k - beautiful!

I’m a contract DBA, currently at National Air Traffic Services. Over the past 6 months I’ve been taking my MCDBA exams to hold the certification. I’m doing this because I want to at least have some kind of an edge over the competition in case there is a massive dip in the IT contracting market like there was in 2001 – 2003. Its certainly interesting, but whether it's financially beneficial I don’t know!

purely anecdotal: where I work the company pays wages, etc in sterling and gets paid in euros. today, our currency trader in the treasury was saying ‘it’s unusual’ and he’s never seen such volatile fluctuation (he’s mid forties so say 15 – 25 years experience?!). he did a trade over the phone earlier today, seemed happy and was still re-checking the main news at about 4 to find out what happened – at that point i'm quite sure no-one was aware that oil went over $100 per barrel!

lol!

Hi All, Can anyone recommend the best way to short house prices? I was thinking of waiting for a 10% fall to confirm the direction then go for it. Are ETF’s a good way? Spreadbetting? Is anyone else doing this? All opinions welcomed! Cheers

I'll be there between 7 and 8!

Sounds good to me!

I’m really glad ukcoal has been discussed! Recently I read that ukcoal was going to be securing or renewing more contracts over the next few months – all at higher coal commodity prices. Based on this I assumed the future outlook was positive, so I’ve been watching there share price since 510p and if the price increased 10% it would have confirmed my views and I would have brought in at 561p Have just checked the share price and its now 479p Just shows how wrong you can be!

I’m really hoping for this too. My car that I’ve had for the past five years is and always has been highly rubbish and for once in my life I’ve got the cash to buy a decent one, but I wonder if I can get a cheaper one when mortgages reset upwards. Has anyone got experience of car prices falling in the US?

how do you work out what price to sell this at? (Thats the part I always have a problem getting right! )

Good point. Because tullow concentrates on African regions for its major oil finds. Do you think this is safer as they are not in as politically sensitive areas as Iran, Iraq, Russia, etc? Also, shell has major fields in Canada and Alaska which are yet to come on-line wouldn’t this make shell one of the safest? What sector do you consider a long term bull market?

Not sure if it’s useful info or not but I bought Tullow on the fact that it was about to be promoted to the FTSE 100. I thought that would trigger buying from the tracker funds, but, in hindsight I think the large tracker funds bought in much earlier on so when I made the decision to buy, tracker funds buying was probably already priced into the share price. I’m hanging on for a bit though because although one of their smaller exploration projects didn’t come off (Kudu), there are two more field drill results to come and these are their largest gambles by far (Ghana & Uganda) - http://www.telegraph.co.uk/money/main.jhtm.../cxquest105.xml Any of these giving a positive outcome would provide them with loads of oil pushing the share price up because their net asset value will shoot up (is that already priced in? I don’t know) Current NAV is £5.28 (http://www.davydirect.ie/other/pubarticles...ief20070918.pdf), so could indeed be oversold, although sentiment is good for Tullow at the moment. Also interesting to see Tate & Lyle has had a positive trend since Monday, is it a chance to buy a good defensive share or is it a falling knife – I wish I knew! PS I’ve been putting 90% of my savings into shares so that one day I can bank it all into a property once the GC2 is here!

My approach at the moment is to go for oil, as I see it we are fast approaching or have already reached peak oil. So, (in my opinion) oil is only going to become more and more expensive – demand is increasing yoy and supply is *predicted* to fall yoy – a classic supply and demand situation? I think Shell, BP, Tullow Oil, Soco, etc are not part of the debt crisis and would only be affected by big pension funds selling parts of their stakes when they need cash because all the CDO’s they bough, etc are worthless (That statement could be totally wrong!). I’m new to investing and a bit of an economic layman, so please take all of the above with a pinch of salt. My 2p worth! IMHO DYOR! PS 'Dogs of the Dow' is a very good strategy, but that involves luck and timing too

I actually really did laugh out loud when I saw that!

Hi, Can anyone recommend a good Maxi ISA? Also, is it possible to mix both Funds and Shares in the same Maxi ISA? I spoke to Fidelity yesterday and they said – “You can have an all Funds Maxi ISA or an all Shares Maxi ISA but can’t mix them both together” This is a shame because I’d like to put 50% of my Maxi ISA in a Japanese Fund and the other 50% in shares. Also, the interest rates on a Maxi ISA is about 3.5% (Cant find that link anymore as proof!), but if my memory does serve me correct – isn’t that a really bad interest rate? Kind Regards

Hi to everyone that went last night and thank you to Jason for organising the night. It was really good to meet up with you all and have some very interesting conversations. The free drinks were an unexpected bonus too!

Thanks prophet-profit, I'll take a look on there now...

Unfortunately I’ve got no hard evidence, all the numbers are from watching bbc news, except for the share prices. It’s a good question, what countries makes up this 50% and what are the new countries? Its something I should find out, unless anyone on here can shed any light? As for other contries policies - god knows! If the untapped country is China I’m sure that’s good news. I’ve been to a few chavvy casinos in birmingham and they’re always choc-a-bloc full of Chinese people gambling their lives away.