Greenwood2
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Post by Greenwood2 on Mar 21, 2019 20:29:58 GMT
... For an OAP one of the vanguard life strategy funds will do. Is there an implication here that the Vanguard life strategy funds aren't suitable for a non-OAP? I have a friend 😉 who has the bulk of their S&S investments (at least those outside of pension wrappers) in a Vanguard LF ISA (100% equities). He's 55 and retired, so possibly a YAP. Is their an implication that an OAP is a different form of life?
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Post by Ace on Mar 21, 2019 20:38:52 GMT
Is there an implication here that the Vanguard life strategy funds aren't suitable for a non-OAP? I have a friend 😉 who has the bulk of their S&S investments (at least those outside of pension wrappers) in a Vanguard LF ISA (100% equities). He's 55 and retired, so possibly a YAP. VLS is a bit of insurance against cognitive decline because you can just set and (literally if you get dementia) forget. How prescient, my mother was recently diagnosed with Alzheimer's and vascular dementia! Seems like I've inadvertently chosen the perfect place for my S&S pot. Every cloud...😕
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hazellend
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Post by hazellend on Mar 21, 2019 20:43:03 GMT
VLS is a bit of insurance against cognitive decline because you can just set and (literally if you get dementia) forget. How prescient, my mother was recently diagnosed with Alzheimer's and vascular dementia! Seems like I've inadvertently chosen the perfect place for my S&S pot. Every cloud...😕 Sorry to hear that, hope she is okay
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Post by Ace on Mar 21, 2019 20:43:25 GMT
Is there an implication here that the Vanguard life strategy funds aren't suitable for a non-OAP? I have a friend 😉 who has the bulk of their S&S investments (at least those outside of pension wrappers) in a Vanguard LF ISA (100% equities). He's 55 and retired, so possibly a YAP. Is their an implication that an OAP is a different form of life? I'm hoping so. Looking forward to a time of reckless abandon from reduced responsibilities (along with boring VLS account of course, wouldn't want to over do it).
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macq
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Post by macq on Mar 21, 2019 20:45:37 GMT
i would go the other way and say by the time you are retired or looking to retire that 100% VLS 100 might not be the best choice with a chance of maybe 20 - 50% fall.Without really having the active v passive argument you would think most people in retirement would want a mix of growth and income.I use IT'S for growth and income plus a couple of tracker funds but if going passive maybe VLS 40 or 60 could suit a retired person better or even the L&G multi asset income funds bonds/debt/income etc (instead of their normal multi asset range)
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macq
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Post by macq on Mar 21, 2019 20:48:46 GMT
if you really want a Vanguard hands off approach there's also their target retirement range
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r00lish67
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Post by r00lish67 on Mar 21, 2019 20:49:13 GMT
VLS is a bit of insurance against cognitive decline because you can just set and (literally if you get dementia) forget. How prescient, my mother was recently diagnosed with Alzheimer's and vascular dementia! Seems like I've inadvertently chosen the perfect place for my S&S pot. Every cloud...😕 Not to want to sidetrack this discussion too much, but just in case you've yet to find it, the talking point forum is an excellent resource for coping with the trials and tribulations brought on by this terrible illness, both for sufferers and their carers.
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bod
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Post by bod on Mar 22, 2019 9:05:34 GMT
£50k of premium bonds. May or may not get a decent return but at least the capital is protected and winnings are tax free. Always nice though when the cheque drops through the letter box
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hazellend
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Post by hazellend on Mar 22, 2019 11:18:21 GMT
£50k of premium bonds. May or may not get a decent return but at least the capital is protected and winnings are tax free. Always nice though when the cheque drops through the letter box Just checking but do you know you can get the interest prizes paid direct into your bank account. No need for cheques
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cwah
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Post by cwah on Mar 25, 2019 0:26:29 GMT
That's a very significant amount of income from p2p!!!
How much and which platform was it invested if you don't mind me asking? And is it including default?
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