Member Info for retirment

'fiscal drag' is hurting a lot of people now.

I paid my self £50k for about the last 8 years, was ok till the last 2 !! my outgoings to run my life was £2400 a month a few years back, now it's £3100 !

I am £700 a month worse off as I still only pay myself £50k to avoid the 40% hit. add to that CGT from £12k to £3k we are just drowning in the UK now.

40% bracket should be £64k by now !! hence you cannot have big money in the UK in a SIPP as you will just be a TAX collector slave for life.

"before we know it I'll have lost value that could have been placed elsewhere."

that's happened already £11.11 to £10.45 a 66p drop, I sold some at £11 and yesterday sold at £10.57 by luck in a peak.

why do you need an exit point ? , the smart money is scale out, I been selling for years from £2 and my best £10.99.6 sold 30k shares to date.

what you waiting for more drops lol ? it's either do nothing or wait till Feb 26 results and hope they smash it out the park.

Cev "Anyway, my SIPP's have just reached £3 million, thank god Hunt scrapped the pension limit."

why would you want a lot of money in a Sipp ? , you pay TAX for ever getting it out at 85 you will still be paying TAX and then some.

to get any nice return you will be paying 40% TAX the rest of your life ! 45% I guess if you want to pay your self a bit more than £80k net a year !

they might even put up that 45% to 50% !

Was that just bad planning ? paying >£54k TAX a year to net just £10k a month !

Dispersed accommodation coming to a house near you :-)

Fasttrack = move out of hotels into houses , you do realise this ?

3 weeks late but they catch up i guess lol

While I increased my buys and got more at the £3.53 discount.

Buys to sells are 5 to 1 this morning!

lol really.

1ontheup I did and then bought in again, but quite low amounts, now I went in triple at £3.33 and up and blue over all.

nice to see profits so fast after getting in early.

Makes you wonder when the others will buy in I am 8% up already.

£3.62 is a sticking point we need a bit of help there then a slog back to £4.20 then the skys the limit £5+

CWWX I was not in M&S no, as I was in RR and made >850% >900% on some as I was in a 78p ! IAG I stared buying at £1.02 so all good there also.

no not a shame at all. I was riding the RR train now I have been scaling out selling 27000 shares.

M&S for me is a recovery Share after the hack so just got in it and expect good things as they pick up market share overtaking the C0-op now.

I sold RR at £11 to buy M&S at £3.33 a wise move now looking at it today. IMO these will make me 20% faster than RR will.

I do me, and not the RR hype train which has been mega but I don't see future mega now. just steady hence I still own 48 thousand of them, not all out :-)

As for others calling me an idiot, that's fine, you do you. M& S is now £3.58 while RR is in the red again today again (my only red share) on another record FTSE day yet again. The market has def revalued RR that's it new market cap. IAG also now £3.92 and flying :-) £1.02 to £3.92p, > 280% up on my early buy ins.

the market has by default re rated rr short term imo maybe fair i do laugh at people saying "undervalued and calling me an idiot, when the market has revalued rr back to this level., i see no big rises short term now, we need to do >20bn or what ever is needed (don;t quote me on the 20b) by feb 26 cannot be arsed to look up what the targets were.

yes it will be £15 but 4/5 years away and a 30b revenue needed :-) issue is that is only a 9% return pa with very little div pay out as it stands.

beats banks i guess but i took a lot out at £10.99.8 i missed £11 actually and bought £100k marks and spencer at £3.33.

rr now £10.30 and m&s £3.56 who's the fool ?

again i took £200k out of rr within the last 12 months and put that in iag and up vs my rr holding over that time by an extra 13%. plus a 2% iag div of course.

the big gains are gone, that's not to say it's a great stock to hold, i still have 47thousand shares, but i will be selling all my sipp ones at any sniff close to £11.

we have a new base line at £10.40 we might be here a while. the future looks great but the high market cap will keep the big gains pa down now.

do people want to look at other stocks or sit here lazy for 10%/12% pa + div. **** we might not even see £11 till feb 26 results !

1ontheup "but I think you might find this going back below 350 before the end of the week."

fail ! :-p

markpatrick abuse tells me a lot about you, you offer othering but personal abuse.

totally clueless and people i find who then do personal attacks tend to know **** all, so then the chat moves to abuse.

£15 all day long in a year or two! , ok then..

look at future revenues expected, You cannot have a £126B market cap with a 19b/20b even 25b revenue. Those figures just don't match up. RR would have to hit >30b Revenue. that's about 5 years off at current levels. Depends if you want to wait 5 years for another 50% growth in the SP.

I think I can invest in other area's and make more than 50% over 5 years.

MarkPatrick I don't find it "Embarrassing" at all :-)

On current figures a £86.55B market cap is rather a high value with a Revenue of £18B for this type of business , I find it Embarrassing you think other wise :-) or are you on the hype train.

8x increase in valuation multiple over three years demands figures to blow our minds going forward, atm the company is over valued for that Revenue hence why any signs of slower growth kill the SP as this £11 has baked in expectations.

Yes RR is growing fast, but it now has VERY high expectations, atm we are trading at a premium the figures are in there to see it's not opinion !

I don't see any one "panicking", very few here sold, maybe 2 or 3 people. 8% is not a few % either anything over 5% is a BIG drop in my books when the FTSE hit 9300 I expect rises, this does not bode well if the FTSE goes sub 9 ! and we have the OCT TAX grab to come and yet higher inflation to come.

3% up lol

1ST August it was £10.78 lets see where we are 1st Sept. or last day of July was >£11. I know what a month is and it's def not up 3% in August lol.

Great man maths going on here.

if i were 76 i would just hold 50% in lgen and get the 8.5% div. and have 3 years of wages in atom banks 4.4% easy access.

at 76 i would not want any share holdings that's for sure. any hit and you don't out live a recovery !

i am 55 and spending my money already ! i hate investing, the older i get the more i hate it. i am well ****ed i did not sell my sipp ones at £11.(i did sell a lot though)

i am not after big growth at 55 years old, what i don't want is big drops in retirement. i can take a 20% pot hit and pay myself but it never feels nice.

Hysterical nonsense lol

I expected a rise yesterday after the 2 BIG days of drops before it, that drop was very telling when the FTSE hits mega highs and BAE were also up.

YET RR drops again. I did call it at £10.40 remember. SMR are 10 years a way so that's just daft and we saw NO GAINS ON the SMR WIN and it will branch out to another company and another stock altogether I would say.

Atm RR is over valued imho. yes it will get there but any bads news sees drops as it IS over valued as it stands today.

Those are facts not " hysterical nonsense" RR share not bouncing back yesterday tells me all I need to know, there is less appetite now and too much forum hype :-)