Thoregames "Careful; some people on this board may have a couple of thousand invested and others over a million. It's all relative. I don't disclose info about my wealth or poverty."
Go on gives us a rough idea!. To the nearest million.
Yes I think it's unlikely to sell action any time soon. 3i group is normally on 20% premium, on 4% discount at the moment. Presently up 14% from a purchase on 29th June and a smaller one mid July. Happy
I think an annuity is good idea. Roughly half your money into an annuity around 70-75 years of age. Get a decent percentage. No need to worry about buggering up your investments when you start to go a bit doally!!
"At 4% £100,000 pot pays £4,000. Probably not allowed, but invested in LGEN it would pay well in excess of £6,000" Furthermore its always 4% as opposed to legal and general rising nearly every year.
" I'm keeping a watchful eye on annuities as I think they could go up even further in the next few months as the BOE consider increasing interest rates as a tool to curb rising inflation. This would be good for annuity rates. Just my opinion." Agreed annuities will go up but at what point do you buy. Next year when interest rates are higher....an assumption if it was me I would wait for at least one year. Easy for me to say as I have no intention of buying one.
Some really good share price increases. One thing I notice about bank of Georgia and for that matter Georgia Capital is there not small jumps (in either direction). They are nearly always significant. Pity Georgia capital hasn't kept up.
Results Iam going with very good but they have already hinted at that so it maybe in the price to a certain degree. Against my better judgement I topped up at 240p. I say better judgement as I think I have to to many. We have been upto 309p in the last 12 months. And they say inflation will have little effect. Question would you want to buy a fixed rate annuity at this point in time?