My Thoughts14 Sep 2021 09:51
I'm a posty, I have been for 5 years now. For the last 2 (and a bit) I have been buying into the share scheme with work, allowing us to buy up to £100 a month of shares. I've done the full £100 since the start and I'm more than happy with how well it has performed. But as I'm not cashing them in, not for another 30 years at least, the first couple of years performance don't matter all that much.
I'm using the scheme as a long term, tax free, side pension pot. I'm very aware, when I look around the office, that being a posty now isn't for anyone over the age of 60. Unless you like the idea of hip and knee replacements to keep you going. So I need to make sure I'm set to go as early as possible.
I am here simply to recommend to anyone looking or wondering about royal mail, that in my opinion it is a very safe bet long term. Put quite simply, if they gave me the option to increase my monthly payment in shares, I would.