Member Info for Jerryspaniel

Mushy, I wonder if Caroline knows how many ggp shares I have?....

LoR just watched it. Brilliant but I prefer the acoustic version of No frontiers. Goose bumps....

Mushy, Caroline Corr for me every time. Wonder what the brother thought...why is no one looking at me?

That would mean VanEck had ggp price risk for a month? So no is your answer.

Mushy, Rio are copper experts. At the moment their expertise is in massive cost blowouts in Mongolia....

Thanks Quady. Maybe they should hire in bhp to build the mine!! :-)

For those who are interested, which I think is everybody barring Spy, the MVIS website just shows the funds tracking the index have passed $8billion...
Which is nice...

I dont suppose he said anything interesting but did anyone listen to the above?
I thought I would watch when it comes out on Dave.... (the Solg website).

Evening Speedy. Looks like a balanced portfolio to me!
I have bought some more Discovery......

There are loads of options Red. You could get someone to manage it for you which is very common these days. You could put it in a selection of broad based funds, or you could select a number of shares/bonds/cash and do it yourself. Over the long term all should outperform any annuity.
Dont use anyone that doesnt come from a personal recommendation. There are a lot of nasty unqualified, unregulated people out there who dont give a fig for your risk appetite and financial profile.

The stocks that enter and exit the index will do so at a prescribed date and time. Usually basis the closing price, or an auction price, probably on the close. The tracking fund will seek to mimic that price with their sales and purchases done at that time. In theory they dont care what the price is as long as they get that price. They shouldnt buy early or late as that will expose the fund to price risk which isnt their game. Equally a friendly broker shouldnt help them out, as that is front running and is specifically illegal. However nothing is to stop other parties (PIs) buying ahead of time in anticipation of the entries and exits. Who does what and when will depend on so many variables its tough to call the effect it will have on the sp.
The fact that the Sprott purchases a couple of months back had such a huge effect on the price, was imho, due to the fact that no one saw it coming.

Red, please get advice before you go anywhere near an annuity. At the rates we have now, and are expected to have for some while, annuities are shocking value atm. Unless you think you will live till 105 that is....

Its far too exciting over here. NM is presenting at lunchtime today and I am sure he will announce that he has released BHP from their standstill agreement and they will bid £2.50 a share! I might even buy a few....

lseo, not me. Spy is the real brains here......

Morning Quady, well its different and therefore more interesting than the last 3 months posts. In the meantime........zzzzzz
Isnt NM boring us to sleep today with some nonsense about being a miner???

Well that would create a nice lot of unproductive employment valuing assets on a regular basis. So the effective tax rate would rise for those who had to have their assets valued.
Think I will be joining mushy if that happens....

Can I suggest that those who are inclined to strong beliefs in this matter write to their MP. I have and I expect others who do so will affect the politicians thinking.
Then they should fire the senior civil servants in the Treasury who are completely at odds with the policies and beliefs of the government of the day!

Well said Tig. And for those that poo poo it, fine, dont go! Free world, or it used to be.

Morning Spratt. I agree that there are easier places to raid, but pension reform will be up there too. May not take anything out of your SIPP but wont let you put so much in. Todays articles are probably kite flying exercises to see who can both be bothered. My email this morning to my MP tells her in no uncertain terms that I am very bothered.

QF. Your account is a segregated account, as are all client accounts in all IFAs, platforms etc. Plus the risk of your platform going bust is a lot less with the well capitalised, large businesses. Thats why I dont use some of the lesser outfits just to save a couple of pound commission.
If you really want something to worry about, read this mornings newspapers about the Treasury's plans to raise taxes. That will cause a lot of people here to choke on their cornflakes. Those who have their money safely in ISAs and SIPPs think it doesnt affect them. I wouldnt be so sure. It sounds like we are being run by the far left Treasury, not a free market conservative government.
This is where politics and finance do cross over.