Member Info for Daytradenovice

Cant complain at +50% in two months Pang, nice to hear.

Ouch, not looking good here today.

Awful (im sure your not)
A truly unreal performance given covid. wonder what sp will be whenever thats 'over'?

John,
i unfortunately have only one reason that i can think for mikey doing soooo well. 14e WOW.
And that Doug is so anti, the market does seem to move in the opposing direction to him lol.
Hopefully a few shorters getting a tad on the watm side too

your continual game of jibes is so transparent QZ, go bother somebody else who cares a jot for what you think. pathetic.

Billy, and you have to give up the pot for that 40k as well. Be a right choker if you took one out and made only a couple of years - that can happen to the fittest of us from nowhere.

D9ber1
Its all relevnt to the buy in price mind, things may indeed over time double or triple, but that would only get those holders buying in at the peak back to evens.

Good advice from billy on properties. If buying second or BTL homes, 'cycle' them to use up your annual CG exemptions on any value increases, dont retain one for years and year and years then catch a whopping £100k CG bill like i just did when you eventually sell it ffs.
Your primary residence doesnt attract CG so extend that to increase value. Dont get married! you can have a 'primary' residence each then and avoid CG on two dwellings, you cant if married.
Buy commercial woodland like the landed gentry do, 100% income and CG and IHT excempt and provides income from sales - also excempt from taxes.
There are loads and loads of little known rules. Just dont buy an annuity and give your pot away.

Ben, first thing to do is bung every spare penny you have in an ISA, not a pension. Put the surplus in a pension afterwards.
ISA advantages = pay tax initially on smaller amount, rather than on larger amount when drawing pension. It doesnt ever count as 'income' in the future unlike a pensions income. Similat to pension no CG to consider. You can cash in an ISA whenever you want, SiPP limits you to either 55 or 57 depending on your age - remember these goalposts are always being pished further away. You can pass on your whole ISA pot to dependants in your will, you can also retain it in an ISA wrapper in some circumstances for the dependant, when you die. pensions you tend to lose half when you pass it over and the recipiant also gets taxed on its payments.
Lots to consider, but dont get me started on rip off underpaying annuities

billy, cant blame yourself for the last year or so, nobodys done well in the current market even the pro's.
Not a fan of annuitys myself. Sign your pot away permamently for a promise of only 50% the natural yieldbit could generate passively, look into that more billy. Insurance companies have s****y offices and are losded for that very reason.

Eviking, you dont need a finacial advisor to do this, its a simple process to do on your own.
HL need one form filling in for example. As long as the SIPP scheme you transfer into is registered and approved then there is no hoops to jump through or compulsion to actually take any advice at all.
I meant take advice from an advisor as to whether the amount of the pot is suitable for whats planned. i.e. earlier drawdown by 5 years. Of course you'd pay for such involvement.
The only time advice is reqiired and most companies enforce it, is if transferring from final salary pension fund to something else as good benifits could be lost, those are what they worry about advising on if people have already made their own minds up.
In billys case his is a private pension, so not in that position. Its simply a straight commercial decision on his part.

Billy. Oddly i started my own personal pension at 17 also.
Transfer your private pension from the current provider into your own self managed SIPP, either now or at 55. Retire at 55 Then drawdown from that newly opened SIPP = NO market value reduction as the pot is yours.
Your existing provider cannot prevent you moving it.
They are trying to penalise you from doing that but cannot if you change provider which is your legal right.
Get some financial advice on this, and enjoy an extra 5 years doing your own thing.

QZ, oh i dont at all, you obviously missed the subtlety in my post.
im more inclined to Bernis view, especially regards decent sized aircraft. As i understand it there are few projects 'on the go' at the moment for a few tidlers, and even the likes of Boeing etc are stating 15 years plus for anything of substance.

https://www.rolandberger.com/publications/publication_pdf/roland_berger_hydrogen_the_future_fuel_for_aviation.pdf

Berni
Article on the bbc today which shows hydrogen energy output considerably less dense as you say. Using car fuel as an example its less than 1/4 the power output of diesel, aircraft fuel no better. Completely agree its decades away yet at best , have to factor the energy requirements in producing it too, it yields negatively.

Bit of a brief writeup on how hydrogen can be used to power aircraft, for those on here that dont know too much about it or are easily confused :)
https://simpleflying.com/hydrogen-aviation-future/?utm_source=Bibblio

bbc article on current newspage

https://www.bbc.co.uk/news/world-asia-china-54826270

just nipped in for the weekly check, see the share price still not lighting the afterburner. Take it Roys suitcase wasnt stuffed with cash on his return then.

Hey John, i bet your absolutely heartbroken douggies agreed he is just incapable of replying to your posts with reasoned thought or explanation, so has chosen the cop out filter button lol :)

the company like the plague.
How you can even pretend to recommend ANY investments with your track record of failure is laughable in the extreame. Please cease embarrassing yourself, what you post on the internet cannot be removed and follows you for life. Just a tip :)

Doug, so your recommendation of IAG gives the sensible investors the only reason they need to avoid