Member Info for Davidspellacy

Do some research

At current declared divi for the next year equates to £.70/ quarter tax free or £0.6 ish/ quarter less 15% WHT

Todays closing price x20, it can’t be anymore just to make it up to $20. So the pre-open price should be £12.86 ish, open price will depend on market forces.

If the price rises by x20 that’s 2000%

2000% rise in the morning

If you knew first hand how inept the American O&G are, have you ever thought you could be a clown for investing in the first place.

Have a look at the link below which shows which companies have declared dividends, % dividend impact and ex divi dates. Look for the high % payers and you’ll find what you are looking for.

The index updates every time a company declares a dividend.

https://www.dividenddata.co.uk/exdividenddate.py?m=ftse100

Where did you get 4x divi of 23p from

You have only got until the 11th Dec for the SP to hit your target price , after that it’ll be £13 and above

You don’t seem to understand that today is ex div so buying today does not qualify you for this dividend

Rasp was never a wholly owned subsidiary of Evraz, 80% I believe. Being a stand alone company doesn’t change the fact that Evraz still owns a major chunk of Rasp.

Here’s a maths quirk that you may get not realise .

For example:

£100 - 30% tax = £70

The difference is £30 but your £70 would need to increase by 42.185% to recover the money lost in tax

Correction on your statement regarding inheritance tax.

Inheritance tax becomes applicable if you die 75 and over, below is tax exempt .

You can make an expression of wish , which on your death is distributed to your nominated person/ persons, not necessarily your spouse.this is also applicable to an ISA.

Ps- I did check my figures and they were spot on.

I’ll take your word for it regarding the error.

Here you go then, base the calcs on compounding yearly withdrawing after 5yrs

SIPP

A £1000 compounded yearly at 20% = 2488

Tax free allowance at 25% =£622.

Balance £1866 Taxed at 20% =£1492

Total received after allowance and deductions £2114.

Isa

£1000 compounded yearly at 17% = £2192.

Not a lot in it but the ISA wins

Now prove me wrong

You’ve obviously got too much time on your hands

All true but what is your query?.

FYI, when you move money into drawdown the 25% free of tax is paid within a couple of weeks but you don’t have to take the 75% out until you want too eg move £100k , receive £25k and the balance of £75k can stay in your drawdown account until you decide to withdraw it at eg £1k a month for 75 months

What you haven’t taken into account is that when withdrawing funds from a Sipp it is taxable, currently 20 or 40%, whereas the isa is tax free. So without doing the maths I can’t see there being much difference ,assuming equal amounts in each portfolio.

Bit of a weak response but then again not surprising from a bottler

That’s funny coming from someone who lost his bottle and sold out around the £1.14 mark