Member Info for longtimeinvestor

brix
''Nobody would put 90% of their wealth in one's portfolio''

I have already mentioned your memory - you have already made this statement previously.
Yet again,excluding property, I am 90% invested in stock markets. Please remember this time.
Most of my cash in held in my HSBC trading account - they will not be going bust -I could very quickly spend the cash in ring fenced stocks.

1. OBR forecast ever correct.

2. a forecast statement from a non existent position ever correct.

I may as well say that if we had tax cuts rather than increases the economy would have grown by 4% more over the next few years .

''a success?''

yes completely - just what the voters wanted.
End of Brussels dictatorship.
End of £10 Billion per year being given to the EU.
End of freedom of movement.
Plenty of jobs available.
Free to set up independent trade deals if beneficial.
No more having a dozen east European men renting a 3 bed property next door to one of my children.
So the best decision the population of the UK could have made.

Move on.

when i say night, I should have said from mid afternoon until late

brix
just keep telling yourself that.

Friday was a night out with about 15 of my friends

Brix
and? - suf can do whatever he likes with his spare time.
You choose to spend all your free time in wetherspoons instead.

Warren Buffett - worth over a 100 Billion dollars
still working aged 92
lived in the same modest house for 65 years
uses local hamburger place to eat.

a1
''Hoping for substantial increase in divi return over coming year''

Lloyds have a progressive policy - forward 2023 yield based on the current price should be between 5.5 and 6% providing a detrimental unknown does not happen.
current ftse100 yield is about 3.8%

mj
''Now lets get this right. Liz Truss caused''

I will wait until you 'get this right' - I wish people would stop posting nonsense that the gullible may believe - 5 such people so far.

a1
''I'm still not happy''

AGM 23rd May - resolution 25

- a top up order at 398p got filled yesterday

at 106p

gp
''Ffs! Get me to 53p and a divi and I am out of here!''

why is it that people state an exit level when a fair way below but they never exited when that price was available - in this case last month

opened at 45.255

just an example

£270,000 25 yr mortgage with 10yr fix at 3% - £1,280 pm

£270,000 10 yr mortgage with 10yr fix at 3% - £2,607 pm

gb
''Kent. Any advice on how they can earn an extra £30k a year''

not very good with numbers are you.

''volume a bit lower today''

big jump up at end of day

volume a bit lower today

ls
''to peak of 4.50%''

I said a few months ago that base rates needed to be a lot closer to core inflation - core inflation is currently at 6.2%.
My opinion is that the base rate should already be at 5%. Rates initially were raised too slowly. The initial rise from 0.1% to 0.25% should have been an increase to 1%.
I am not sure whether a 4.5% peak (not high by historical standards) would be enough to do the job.

sbt
you have a choices - switch to a lower rate mortgage and/or make additional payments/lump sums to effectively get a 7.5% net return.

In your situation, I would be selling some stocks to reduce the mortgage outstanding. On a base rate there should be no limit to how much you can reduce your mortgage amount by, penalty free.

Getting rid of my mortgage at the earliest possible time was a high priority for me.

should have been at least at the 5% level by now - underlying inflation has just increased from 5.8% to 6.2%

xd 3 weeks away - 1.6p dividend available for purchasers.

UBS driver continuing to pick up shareholder assets from those not wanting the 1.6p dividend

Longer term Lloyds shareholders benefiting from the SVB, Credit Suisse etc news by way of share repurchases at a low cost.