Member Info for retirment

Quote : " I recently cashed in our SIPPs "

why did you do this ? and how old are you atm ? seems a daft move to me !

I have a sipp and it's been great the gov give me free money :-0 , I retire this year and my sipp will pay me £12570 TAX free from the age of 55 to 67 when it maybe will run out, I think it has more in it than that so a bonus.

I'll never pay any TAX getting the money out of it so all the gov money was free !

I also don;t get holding 80 odd shares, if the market crashes it crashes all shares and then looking after 80 is hard work, as long as you are not in aim shares and there is no BIG crash's why hold loads of companies ? I hold 6 as an example all in the FTSE 100. I made 34.1 % last TAX year even with the crash was up at 41% , and holding 15% in lgen give me a big boost in income and inflation proof.

you state compound growth and " can be assured of a 12% compound growth " nothing is assured really.

SnP 500 won't make 12% in 2025 imho. atm it's May the snp 500 is 7% down ! so you now need 19% growth by Dec !

be lucky to hit 6000 this year again. so 1% growth in 2025. and do you see it being 6720 by end 2026 ! I don't , even then that would be 6.5% over the next 2 years ! the worlds a different place not sure we will see 12% PA growths these days.

Too much debt and only getting worse.

I think your 12+ % is more like 10% on the snp500 the last 10 year also.

Lucky I am not after big growth at 55 years old, I am after stable shares and also divs. and I hold at least 3 years wages in CASH in case of market dips 5 years if I need to sell other assets worse case, or money I use to buy in and sell out for a quick 10/20% proffit.

you also then say "STRATEGY is the key" but have raided savings 3 times already ! you need a rethink :-)

def don't do monthly buy orders ! why do so many people do this !

I sold some lgen at £2.52 will wait for a dip to buy back in. why do monthly buy orders ?, is this the new internet thing !

seems lots of you tube channels do this now, and it's a fail imo. So many dips these days buy the dips and due to AI now buying and selling the dips are bigger than past years, but recovery is also faster.

Quote:

"In the red again when the FTSE is continuing the rebound."

Lgen is higher and already recovered after the tariffs crash, the FTSE has NOT yet done that, So lgen has out performed the FTSE.

FTSE was 8616 before USA crash day still only 8497

Lgen was £2.44 and it went £2.52, it's only dropped the divi value which is to be expected. So still a real £2.52 if you took the Divi. Thats higher than pre crash day at £2.44 !!

I bought some lgen in the crash and sold pre divi day made >14%

Stop moaning ! or look at what the real figures are.

It's a divi stock, want Growth buy another Share.

I went with some BP this morning.

I want zero growth from Lgen just that 10% divi if you buy at the right times.

it it goes up too much the div's not 10% is it :-)

I also hold Aviva which, yes has dome well this TX year plus the div payout.

Quote : topped up my holding in LGEN to bring it to 1.25% portfolio

thats very low for retirement imho from such a good div stock.

in retirement I have lgen as 15% of my portfolio, I take 6% of it and the rest easy covers inflation.

Blackpuss you won;t be buying any then :-)

Or Not DYOR

consolidation = failed, i just sold out on the ****ty share.

i sold this **** it will only drop now.

Joy just gives it more to drop by the SP is done.

These never work :-(

I am just gambling that IAG will make me 30% faster than RR will make me 30% really from now ish..

both seem slow to recover vs other shares I hold. but IAG has been £3.60 not long back, and I still see IAG at £4 come Feb 2026. from today that would be a 55% rise,, for RR to today give me 55% it needs to be £11.71 by Feb !

Hence my money has switched to IAG really. But I hold 52,000 units of RR still.

Dustyslay gives me some nice gaps , as we all know the tariff is a 90 day pause, what's going to happen.

I also sold at £7.20 to have more cash not sure why i did that mind you, I just did... I was buying these at 78p so my ave is upped now to £1.07 :-) I felt to weighted in RR money wise after making quite a lot of money.

Not in a RR buying frame of mind really, I tend to pump into IAG these days., so i nthe crash I paid £2.20 today £2.62, so all good, but again my ave is £1.40 odd on IAG.

£4.80 wow quite high really.

My ave is £1.07p and I sold a lot at £8.02. I did not buy back in.

Really !!

Aviva and LLoyds have been great , but thats not the norm , trump did help us there.

I got the lloyds div and sold yesterday at 73p a double win sell high and get a div.

I would have left mine in if this was the outcome and took the div.

I am not buying any back now. I'll hold out see what Mr Orange does.

last year was a bigger drop. I wanted a 17.5p drop to make it just about even due to stamp duty etc.

days not over though as am sure we will get lots of swings till Oct time

Well if you are buying back today you are down.

I also sold 30% and my target buy back was £2.35

staying was was the right thing to do, o well, i wanted some extra cash in the pot any way in case of dips. and made about 14% as I bought a load at £2.20 and sold at 2.52

But higher than it's been since Feb 2022 !

RR is a another red share today vs all my blues, not great when the FTSE is up 1.16 %

some of my shares have recovered from tariff Friday, but RR is 14% down, it's not recovering very well at all.

I think in the UK we need equal rights for white straight males these days.

labours just offered a £122k wage for a EDI position, so that would mean straight white guys will get looked over for some jobs now ! and this seems more common place year on year.

Public sector now employ less qualified people due to diversity requirements, it's reverse discrimination.

Prob really dumb.