Member Info for retirment

"lots of private sector haven't had rises since 2008."

is it bull**** day or somthing !

any one worth their salt would have left and those poeple would be poor with no pay rise for 15 years !!

This should cause house prices to drop cannot see any rates dropping for 24 months we might have 2 rises still to go yet.

Issue is every one got pay rises and people went on strike to try and keeping living that free lifestyle they thought they had.

WE need some hard times and people under 40 need to realise they are not as rich as they thought they were and suck it up. welcome to the real world. stops them having new BMW ever 2 years though now I bet.

Next is car price crash, then the house follow a bit later.

I am 53

these rates are still very low , people got greedy and had free money, is was it is. fed up of people moaning about the rates to be honest. people bought on debt and it caught up with them, which imo is good as I hope house drop 20% in 2024 to help 1st time buyers get on the ladder.

I wish they were 10% but there you go. I bought my first house and rates were 14% ish.

past 20 years is nothing, the young people today are deluded on the free money they have been having.

Mortgage rates are still low !

people are deluded if they think these are high.

Not next year when most will then be out their fixed rates and skint !

It's takes a lot of time for this to filter though, people had 2023 holiday money saved up already

I would say that's the BOE for not being at 5% 3 months ago !!! and the unions for allowing the big pay rises.

All these workers moaning about pay and high interest rates are deluded, they have been living for free the last 15 and need a wake up call, 5% rates are still VEY LOW !!! I would welcome 10% to cause a house price drop and to get some interest on my savings.

nothing to do with JC !

I sold just £5k worth at 1.58 just to test the water and see if I can buy them back at 1.45 :-)

Seems they do this time after time after time , so worth a £5k punt as up 55% anyway.

Half term brings out the *****

No thanks.

skier1 you do what you want to do, i'll stick to what i am doing thanks.

that list is just a list, i do own 2 of the shares on it though but i cannot see either going to ****.

and so what if one does it's why you have a portfolio, i have 4 shares in the red atm i bet i make >50% of each and every one of them. within 5 years.

I don't draw out that much btw and my pot goes up 20% plus per anum last year it went up >30%

I don't take anything out atm I have a big cash float I live off.

I made >£10k this week but I reinvested it all.

So while divs will go down my over all pot makes more money than I take from it, the 4% rule works quite well.

you don't need £800k left in the pot at 85 years old !!

I am 54 and wont run out of money, I only pay myself £35k as I have every thing I could want anyway. So nothing to spend the money on really. My outgoings are £1100 a month, so the rest is spending money. But when you have every thing you could want, there is nothing to spend the money on !

1.ARMANI AVviva been going up the last few days , only 411 before div day now 420 and going up.

Skier1 when you retire and have a £800k pot getting reg divs and paying yourself £56k a year is great.

Add to that a drawn down of 4% of your pot at £32k you then earn £88k a year plus the £10k gov so £98k wage PA.

Matters not if the shares move 10% down as they always recover over time and you always get your divs.

I guess you are young :-)

You sort of can day trade, sell every time it hits 155 and buy every time it hits 145.

that's sort of day trading in a strange way.

I did sell £5k worth today for 57% proffit.

What you on about it's 3.3% up today !

Whats your point a year ago RR was the same as it is now !

who will get to £3 first IAG imo.

Always a good side on any given day.

These will make you more than RR imo over 2 years.

78% up but you are adding at £1.50 ! why bother ? unless you only have a small amount.

I was hoping for a 1.61 today but it went down.

debating now if to just buy a 4.8% bond !! for 12 months. seems we are done here.

Any other takers.