Member Info for retirment

The £7 target for Feb 25 is clearly on.

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not imo thats a 40% rise in 6 months !! £5 is baked in with 2.2bn proffit now. A 40% rise from today seems a daft quote.

I would be happy at £5.50 :-) on full years results.

FastFitz so you shorted RR at £5

what you are talking about makes no sense atm,

ShareFlyer. Made a bucket mate. It's called trading !

with Stamp duty and the buy vs sell price it's very hard to make any money on a day flip , might make 0.7 % lol

so if you just sold £100k which I doubt thats not a bucket load it's £700 and a lot of luck in timing.

I did nothing made £26k today ! not worth the bother esp if not in an ISA.

"twice as many shares bought as sold."

magic shares from no where :-)

Antony901 inflation back to 2% GDP up

the black hole in money IS RR spending it already !

SHe kept saying "if we cannot afford it we cannot do it" then spends 11 billion on pay rises which will also effect inflation. and will prob have the 80's dieing from the cold this winter !

wait till TAX go up in Oct.

Should have sold some at 4.88 o well.

50p drop now !!!

Keep to lgen SP please, stop opening daft threads ;-)

dont open the sipp vs ISA theads it' really is that simple.

I see they went and bought back 3 million when it hit the low ,, funny that !!

Zac0_4 ffs £40k is nothing you cannot retire on that !! do a 1 million pot and a take out of £50k PA net on each product.,

Lending and Meconopsis, people always quote low figures and no real gains in the SP or total pot ! and seem to not want to pay themselves much money !

SIPP always losses out long term

Zac0_4 so you quoted me on a sp which has gone down lol pointless. I am sure your pot is up over all in 5 years by quite a lot, then do the maths. you don't want to be paying tax on Profits. the 6.25% is worthless.

AS I said it would cost me best case £600k in a Sipp worse case way over a million.

zac0_4 no idea what price you bought and sold for to get to these figures , but one hopes over time you make 5 or 6 % on sp rises pa i aim for 15% at least on my portfoilo, and atm lgen is 9.3% on divs, even with no sp rise and lets say an 8% div , that compounds to close to £30k not the £24.8k you talk about !!!

i am up for example 123% in my portfolio in less than 4 years and thats only my current holding, i have sold a lot of shares for 50% profit and bought back shares. i am >200% up over the last 3.5 years.

to get the money out and pay a net wage of £50k from a sipp you would have to pay some of that at 40%

my quick calc would put me at £600k worse off if my money was in a sipp over an isa in 40 years time and that if my shares did ****. and offered not much growth. they give you a tax fee help knowing they always get it back later ;-)

but even the basic maths £20k compounded for 5 years is so wrong you quoted.

also this is on a **** show share, i am up 300% on some of my shares if that was in a sipp it would cost me tens of thousands to get my money out. i'll never pay tax for another, i hope 40+ years.

Zac0_4 all those calcs are wrong by miles and I mean VERY wrong . and only taking into account £20k over 5 years with some very odd figures !!

do the maths on 750k over 40 years and a 40% tax payer. you are 100's of thousands worse off in the sipp like £600k worse off. but do your own thing :-)

Zac0_4 you have not taken into account divs in the Sipp vs divs in the ISA or making money in the sipp.

I want to take a £50k net income TAX free, you would have to pay a lot of TAX to pay yourself £50k net from a Sipp esp when your state pension cuts in.

ISA wins and more flexible. I'll never pay TAX again I hope. I'll always keep all of my money. and never pay any TAX on my Sipp take outs either.

Also remember you make money share trading on your SIPP, so you will pay TAX on any shares gains, Again I'll pay zero TAX and I am up 1/4 of a mil atm TAX free. So you would have paid TAX on another 250k in your Sipp !!! that 6.25% don't go far then !!! I get to keep my £250k :-)

To pay yourself net £50k you would have to pay 40% TAX on the way out on £20k of it year on year. SIPP withdrawals are taxed as income. I got the gov hand out of 25% and also kept all of that TAX free on the way out.

Good luck.

As I have said ISA wins every time. but no people keep pilling money into sipps then moan when they retire paying 40% TAX for ever on some of the money !!!

That's why an ISA always wins no TAX ever. they might reduce the MAX money in them but I don't see how they can do it if you have your money in them already. you have to remember your divs in an ISA are then TAX free. So the maths is not as easy as one thinks. As I said I won't want to be paying any TAX in a few years then for the rest of my life.

I don;t want to pay any TAX now I am retired.

I got some when it hit 2% down. on the up now

this is why I keep a 25k float to buy the dips. 225p is cheap imho.

How you going to put £270k in a ISA ? you will be paying TAX on the 270k for 13 years.

I am retired are you at 54 ? you need no sipp at 67 imho people paying into one after they have retired seems daft as you pay TAX on every penny for life.

I am taking 25% out at 55 and that will leave enough in there to pay me £12k a year for 12 years till my state pension kicks in.

in a few years time I will be paying no TAX, so I draw £50k PA TAX free when other people need to draw >£60k to net £50k

Well I doubt you will buy any then lol 225 is a pretty firm low point. imo

I bought a load today.

Every time a company does a buy back the shares drop like a stone and they always buy back very cheap shares,

they buy a million a day atm at super cheap prices.

WHen buy backs should make the price go up lol,, has to be rigged so they buy back very cheap.