Godanubis
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Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
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Sept 21, 2019 7:57:28 GMT
Post by Godanubis on Sept 21, 2019 7:57:28 GMT
Moving about £200k SIPP to HL from AJ Bell in-species has £500 +fees. HL will give me £500 so OK. AJ Bell charges for <£200K were making them too expensive.
As I mainly use HL for funds their savings on initial purchase and ease of use and overall recearch etc. make them my choice.
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IFISAcava
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Sept 21, 2019 9:16:33 GMT
Post by IFISAcava on Sept 21, 2019 9:16:33 GMT
Moving about £200k SIPP to HL from AJ Bell in-species has £500 +fees. HL will give me £500 so OK. AJ Bell charges for <£200K were making them too expensive.
As I mainly use HL for funds their savings on initial purchase and ease of use and overall recearch etc. make them my choice.
Fidelity via Cavendish on-line is cheaper still.
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Sept 21, 2019 10:25:41 GMT
Post by Deleted on Sept 21, 2019 10:25:41 GMT
Interesting, I've never found HL research section of any value, I've tried over the years and never done very well, once I used other sources I made more money. Still I also found Fidelity research pretty poor.
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hazellend
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Sept 21, 2019 10:47:17 GMT
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Post by hazellend on Sept 21, 2019 10:47:17 GMT
Moving about £200k SIPP to HL from AJ Bell in-species has £500 +fees. HL will give me £500 so OK. AJ Bell charges for <£200K were making them too expensive.
As I mainly use HL for funds their savings on initial purchase and ease of use and overall recearch etc. make them my choice.
You would save money by using ETFs or anything over than funds in your HL SIPP. The fee is capped at £200 but uncapped for funds
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IFISAcava
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Sept 21, 2019 11:57:00 GMT
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Post by IFISAcava on Sept 21, 2019 11:57:00 GMT
Moving about £200k SIPP to HL from AJ Bell in-species has £500 +fees. HL will give me £500 so OK. AJ Bell charges for <£200K were making them too expensive.
As I mainly use HL for funds their savings on initial purchase and ease of use and overall recearch etc. make them my choice.
You would save money by using ETFs or anything over than funds in your HL SIPP. The fee is capped at £200 but uncapped for funds The downside of ETFs v funds though is dealing costs, especially if you are a regular investor or frequent rebalancer. Funds are generally free of dealing costs.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Sept 21, 2019 13:13:17 GMT
Mind you, @bobo, when HL pick up the phone, they speak impeccable English!
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
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Sept 22, 2019 1:49:49 GMT
Post by Godanubis on Sept 22, 2019 1:49:49 GMT
I agree but caution is always advised as not every phone con has a dodgy Asian at the other end.
Although this week alone had several. Amazon prime account compromised, Microsoft warning misuse, Visa debit card unauthorised transactions, internet providers my service being cut off and finally HMRC sending round the police to arrest me.
I like to lead them on if you only say you have a iPad it screws them up as they are harder to take over. After 15mins when they start getting angry and frustrated I put a curse on them and their families and then hang up.
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agent69
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Post by agent69 on Sept 22, 2019 9:04:17 GMT
I agree but caution is always advised as not every phone con has a dodgy Asian at the other end. Although this week alone had several. Amazon prime account compromised, Microsoft warning misuse, Visa debit card unauthorised transactions, internet providers my service being cut off and finally HMRC sending round the police to arrest me. I like to lead them on if you only say you have a iPad it screws them up as they are harder to take over. After 15mins when they start getting angry and frustrated I put a curse on them and their families and then hang up. One of the disadvantages of having recently retired is that you are often at home when these half wits call (I get the call to say my internet and phone are about to be cut off on a regular basis).
Best example of leading them on was a guy who received a call encouraging him to buy a double glazed conservatory. After feigning interest for about 20 minutes he agreed to the company sending a rep around to finalise the deal. However, the salesman lost interest and hung up as soon as he heard the address. Flat 47, 8th floor ......
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011
Likes: 1,013
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Stocks
Sept 22, 2019 9:54:35 GMT
Post by Godanubis on Sept 22, 2019 9:54:35 GMT
I agree but caution is always advised as not every phone con has a dodgy Asian at the other end. Although this week alone had several. Amazon prime account compromised, Microsoft warning misuse, Visa debit card unauthorised transactions, internet providers my service being cut off and finally HMRC sending round the police to arrest me. I like to lead them on if you only say you have a iPad it screws them up as they are harder to take over. After 15mins when they start getting angry and frustrated I put a curse on them and their families and then hang up. One of the disadvantages of having recently retired is that you are often at home when these half wits call (I get the call to say my internet and phone are about to be cut off on a regular basis).
Best example of leading them on was a guy who received a call encouraging him to buy a double glazed conservatory. After feigning interest for about 20 minutes he agreed to the company sending a rep around to finalise the deal. However, the salesman lost interest and hung up as soon as he heard the address. Flat 47, 8th floor ......
Yes I don’t even use a landline nowadays. It comes free with 200MB BB. I use Alexa or google for most calls (and controlling all lights ,tv, heating etc) or if really needed I use some of my unlimited mobile mins.
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Oct 20, 2019 9:37:03 GMT
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Post by dan1 on Oct 20, 2019 9:37:03 GMT
BDO resigns as auditor to £19bn UK money manager Fundsmith www.ft.com/content/2873e59e-f1ad-11e9-ad1e-4367d8281195[maybe behind a paywall, try searching for the title] "Neil Griggs, the BDO partner who had audited Fundsmith since 2014, also left the accounting firm last month to join a smaller rival, RSM UK." Maybe of interest to those with funds tied up in Lendy/Collateral
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r00lish67
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Nov 2, 2019 9:44:08 GMT
Post by r00lish67 on Nov 2, 2019 9:44:08 GMT
Seeing a Guardian article about a sharp increase in the number of UHNW individuals with the booming stock market, I checked in on my shares.
So, over the last month, the bog standard VWRL Vanguard World index fund for UK investors is almost totally flat.
But, this is only because GBP/USD is up a whole 5% (from 1.23 to 1.29) due to No-Deal Brexit going away (for now). All else being equal, our shares would be worth 5% less ordinarily today than a month ago.
I'm making this point as, with our volatile currency at present, it's quite difficult to look at a simple graph and say "it's gone up/down".
Equities as a whole continue to be more and more richly valued.
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hazellend
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Nov 2, 2019 9:52:08 GMT
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Post by hazellend on Nov 2, 2019 9:52:08 GMT
Equities as a whole continue to be more and more richly valued. So how are you going to use your opinion to do something? Nobody knows what the market is going to do. “Irrational” corrections and run ups are normal. My advice is choose an asset allocation you are comfortable with and then stick with it no matter what the news is saying/stock market is doing. Trying to dip in and out based on valuations is likely to result in underperformance for the vast majority
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r00lish67
Member of DD Central
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Post by r00lish67 on Nov 2, 2019 10:44:52 GMT
Equities as a whole continue to be more and more richly valued. So how are you going to use your opinion to do something? Nobody knows what the market is going to do. “Irrational” corrections and run ups are normal. My advice is choose an asset allocation you are comfortable with and then stick with it no matter what the news is saying/stock market is doing. Trying to dip in and out based on valuations is likely to result in underperformance for the vast majority Hazel, you know me, I'm one of your most faithful students! Just interesting is all.. edit: This said, I will sit just a little towards the naughty corner as I do hold the belief that CAPE and long term returns do have a meaningful (but nowhere near perfect) correlation. This does not mean that I churn my portfolio left right and centre based on the week's events though. edit2: I think anyone who feels they can time the market would have sold out of this bull market about 5 years ago!
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Post by propman on Nov 4, 2019 17:15:58 GMT
edit2: I think anyone who feels they can time the market would have sold out of this bull market about 5 years ago! While it may seem sensible to sell everything when you call the top of the market, IMHO the sensible option is to adjust your asset allocation to take some of the profits. That would mean that there will have been a gradual reduction in equity allocation over the last few years, but more importantly, no shares will have been purchased at a perceived over value. In reality no-one can call the top of the market, if there is something that flips your opinion on valuations, the chance is that others are ahead of you or the signal is ambiguous. Both point to a more nuanced approach to avoid large costs for limited benefit.
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Nov 5, 2019 19:03:51 GMT
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Post by Deleted on Nov 5, 2019 19:03:51 GMT
edit2: I think anyone who feels they can time the market would have sold out of this bull market about 5 years ago! While it may seem sensible to sell everything when you call the top of the market, IMHO the sensible option is to adjust your asset allocation to take some of the profits. That would mean that there will have been a gradual reduction in equity allocation over the last few years, but more importantly, no shares will have been purchased at a perceived over value. In reality no-one can call the top of the market, if there is something that flips your opinion on valuations, the chance is that others are ahead of you or the signal is ambiguous. Both point to a more nuanced approach to avoid large costs for limited benefit. Why would it mean that, those assets that still go up, still go up? Timing is tough but selecting assets that always go up is relatively easy. That is what H Is doing with her index.
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