tomp
Member of DD Central
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Post by tomp on Nov 13, 2017 8:22:18 GMT
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alexs
Posts: 37
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Post by alexs on Nov 13, 2017 10:14:05 GMT
Now that Wisealpha have introduced annual interest payments to their "Smart Interest" deposits I have deployed some funds there. |
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Post by wyreflyer on Nov 13, 2017 14:51:20 GMT
Suggest you look at Cryptocurrencies i.e. Bitcoin etc...its a whole different world Yep - 25% gain in about 8 hours last Friday. Not a bad day's work. The only slight problem is picking the right moment ... "The price of Bitcoin on Monday has plunged 29%, falling to as low as $5,605 (£4,287). The cryptocurrency hit a record high of $7,800 last Wednesday." BBC Business Live, 13th Nov.
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Post by investorman on Nov 13, 2017 19:53:14 GMT
Bitcoin is too far too volatile to be a currency and far too worthless to be an investment.
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msenanna
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Post by msenanna on Nov 14, 2017 8:43:16 GMT
Yep, that would be me! Vanguard all the way, with a little bit of Blackrock thrown in. I don't have the brain space or ability to pick individual shares, read (and understand!) company reports etc no matter how hard I try. After 5 years of analysis paralysis I bit the bullet and went the index tracker route. Maybe I could get a better return on the stock market but this is good enough for me.
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bigfoot12
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Post by bigfoot12 on Nov 14, 2017 12:21:39 GMT
...But what else? ... Whisky ... , ... Gold... Gold has a negative interest rate, because of the cost of storing and insuring it, so you need to be expecting capital gains in it or a fall in the £. There are quite a few low cost, easy to trade exchange traded funds, or bullion vault seems to be well regarded if you want to physically own it. From the founder of Bullion Vault there is whisky invest direct, which is much newer and still has some wrinkles to sort out. But I invested a little two years ago and it seems to have gone okay so far. There have been a few threads previously on this board. Three things worry me about my investment: - there hasn't been a wholesale sale yet, so I don't know how that is going to work;
- I am not as convinced as I would like to be that my investment is safe should WID go bust; and
- There is a possible issue about paying capital gains tax on the gross increase in value without being able to offset costs.
I keep my investment small for these reasons. However I do like it as an investment.
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tomp
Member of DD Central
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Post by tomp on Nov 14, 2017 13:09:54 GMT
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Neil_P2PBlog
P2P Blogger
Use @p2pblog to tag me :-)
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Post by Neil_P2PBlog on Nov 14, 2017 13:18:17 GMT
If you google for 'FIRE' (financial independence, retire early) you can find lots of motivating blogs in a similar vein to this one.
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Post by sayyestocress on Nov 14, 2017 13:33:18 GMT
Yep, that would be me! Vanguard all the way, with a little bit of Blackrock thrown in. I don't have the brain space or ability to pick individual shares, read (and understand!) company reports etc no matter how hard I try. After 5 years of analysis paralysis I bit the bullet and went the index tracker route. Maybe I could get a better return on the stock market but this is good enough for me. Another passive index fan here. I like the global multi asset types like Blackrock concensus, Vanguard lifestrategy and L&G multi-index where you set the risk level or equity/bond balance. I have been getting better returns through my active Fundsmith fund but the passives are better diversified if the excrement hits the cooling device.
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james100
Member of DD Central
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Post by james100 on Nov 14, 2017 13:33:24 GMT
...But what else? ... Whisky ... , ... Gold... Gold has a negative interest rate, because of the cost of storing and insuring it, so you need to be expecting capital gains in it or a fall in the £. There are quite a few low cost, easy to trade exchange traded funds, or bullion vault seems to be well regarded if you want to physically own it. I am a big fan of using gold for portfolio stabilization and use SGLN (physical replication) to do so. I also have an (unused) BV account and really like the way they're set up. With hindsight I could have bypassed myself a CGT liability by purchasing as sovereigns and sticking it under the mattress, but as I move country from time to time and only recently moved came back to the UK this wasn't an option. Majority of my holdings were bought prior to June 2016 though and as bigfoot mentions the link to fall in GBPUSD, this also works in the opposite direction too. BV has excellent charting with denomination options in GBP, USD, AUD which are well worth getting into if anyone's interested in getting into gold investment, irrespective of the holding mechanism you chose.
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jimbob
Member of DD Central
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Post by jimbob on Nov 14, 2017 13:43:47 GMT
Will get back on the investing wagon after moving house. Annoying to take a hit in net wealth (Though that is no great shakes) whilst doing so !
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macq
Member of DD Central
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Post by macq on Nov 14, 2017 14:03:05 GMT
Yep, that would be me! Vanguard all the way, with a little bit of Blackrock thrown in. I don't have the brain space or ability to pick individual shares, read (and understand!) company reports etc no matter how hard I try. After 5 years of analysis paralysis I bit the bullet and went the index tracker route. Maybe I could get a better return on the stock market but this is good enough for me. i have Blackrock & L & G trackers in my pension.But as an alternative & if you possibly don't want to shoot the lights out for growth (but over the long term they have done pretty well before) there are always IT's paying dividends to consider.Its not hard to find lists online that track trusts that have raised there div's every year starting at 50 years plus for City of London back to trusts paying out more for up to 20 years.
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moogman
Member of DD Central
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Post by moogman on Nov 14, 2017 14:03:41 GMT
If you google for 'FIRE' (financial independence, retire early) you can find lots of motivating blogs in a similar vein to this one. Indeed, 44 is about average performance under FIRE. I've aimed at FIRE for the last couple of years, will be able to "hit the trigger" in FIRE speak (quit the job) in early 2018... Much of the thinking is minimalism: Get shot of much of those things you don't really need: The fancy car (get a bike), the surplus rooms in your house (downsize and pay off the mortgage), the fancy food (eat beans, legumes and other cheap staples), buy quality flexible equipment to last instead of crappy one-use utensils, don't bother with wasteful holidays, TV subscriptions and other such superfluory. Whether you choose to is an entirely different matter :-). Whether you change your mind at FIRE time is another matter. Personally, I love the freedom it (almost) gives me - People call it F.U. Money :-)
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tomp
Member of DD Central
Posts: 144
Likes: 75
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Post by tomp on Nov 14, 2017 14:13:25 GMT
Yep, that would be me! Vanguard all the way, with a little bit of Blackrock thrown in. I don't have the brain space or ability to pick individual shares, read (and understand!) company reports etc no matter how hard I try. After 5 years of analysis paralysis I bit the bullet and went the index tracker route. Maybe I could get a better return on the stock market but this is good enough for me. i have Blackrock & L & G trackers in my pension.But as an alternative & if you possibly don't want to shoot the lights out for growth (but over the long term they have done pretty well before) there are always IT's paying dividends to consider.Its not hard to find lists online that track trusts that have raised there div's every year starting at 50 years plus for City of London back to trusts paying out more for up to 20 years. Could you give some examples please? 
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tomp
Member of DD Central
Posts: 144
Likes: 75
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Post by tomp on Nov 14, 2017 14:36:44 GMT
If you google for 'FIRE' (financial independence, retire early) you can find lots of motivating blogs in a similar vein to this one. Indeed, 44 is about average performance under FIRE. I've aimed at FIRE for the last couple of years, will be able to "hit the trigger" in FIRE speak (quit the job) in early 2018... Much of the thinking is minimalism: Get shot of much of those things you don't really need: The fancy car (get a bike), the surplus rooms in your house (downsize and pay off the mortgage), the fancy food (eat beans, legumes and other cheap staples), buy quality flexible equipment to last instead of crappy one-use utensils, don't bother with wasteful holidays, TV subscriptions and other such superfluory. Whether you choose to is an entirely different matter :-). Whether you change your mind at FIRE time is another matter. Personally, I love the freedom it (almost) gives me - People call it F.U. Money :-) Congratulations and fingers crossed everything will go according to your plan I always had a simple lifestyle so you could say I am fully on board with FIRE life strategy  My main concern now is how do I invest any spare cash to accelerate the whole process. That is why I am finding this thread so interesting.
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