DIY Forum

 

Ultimate Handyman Ultimate Handyman Ultimate Handyman Ultimate HandymanUltimate Handyman on Pinterest

 

DIY Forum/Home improvement advice forum

 

 

A-Z CONTENTS | DISCLAIMER | DIY VIDEO | HOME | SAFETY FIRST | FORUM RULES

It is currently Sat Oct 21, 2017 4:52 pm
Visit Thermo worx


Time zone: Europe/London [ DST ]




 

 


Post new topic This topic is locked, you cannot edit posts or make further replies.  [ 20 posts ]  Go to page Previous  1, 2
Author Message
PostPosted: Thu Mar 28, 2013 5:24 pm 
Offline
Pro Carpenter
User avatar

Joined: Sat Dec 16, 2006 10:11 pm
Posts: 19508
Location: redhill surrey an auld reekie laddie
Has thanked: 623 times
Been thanked: 1770 times
aeromech3 wrote:
£80.27 @5%
£520.50 @ 9%
Guessing a Tradesmans wage would have been about £20/week back then!?


slightly different to what i make it but within margins as in i got £76.55 but i didnt count the first year as its only actually 49 years not 50 and got 80.37 for 50y
and 477 at 9% which again is 519.95 :thumbright:

_________________
we are all ------------------still learning


Share on FacebookShare on TwitterShare on DiggShare on DeliciousShare on Google+
Top
 Profile  
 
PostPosted: Fri Mar 29, 2013 2:57 am 
Offline
Senior Member
User avatar

Joined: Fri Feb 03, 2006 2:34 pm
Posts: 1759
Location: Cheshire
Has thanked: 13 times
Been thanked: 174 times
This is the Asia Pacific fund I've got, through a dealing company called Best Invest:-

http://www.bestinvest.co.uk/investment-research/fund-research/fact-sheet/abaspa/aberdeen-asia-pacific-a/overview

Only got about £5K in it, but as you can see it's beaten any deposit account or cash ISA hands down! Running costs of the fund are actually zero, the investment company (Aberdeen) pay commision to Best Invest.

Next year I plan to diversify a bit. I'll leave that £5K in Asia and have overborrowed on my next mortgage deal by £10K which I'll split between a UK Smaller Companies Fund and probably a South America or USA Fund. The over borrowing is at a fixed 2.75%, so the investments don't have to perform anything like as well as they have been doing for me to still turn a significant profit.

The key to this sort of investing is time. Don't invest money you're going to need to get your hands on in the near or middle term. Any Fund can drop a significant chunk of its value almost overnight, but if you hold your nerve and can sit it out for a year or two then they almost always recover strongly and show a decent profit in the end.



For this message the author Inky Pete has received gratitude : big-all
Top
 Profile  
 
PostPosted: Fri Mar 29, 2013 2:46 pm 
Offline
Pro Carpenter
User avatar

Joined: Sat Dec 16, 2006 10:11 pm
Posts: 19508
Location: redhill surrey an auld reekie laddie
Has thanked: 623 times
Been thanked: 1770 times
thanks for the link
i have around 30k but need about 20k as a safe amount to supplement my railway pension till state pension age the actual amount will probably be nearer 10k with another 10k covering all eventualities

so if we assume say 7% year on year for for 6 years on 10k its 14k - 2.5% is 1367 the same 10k at an average 3% is 1159 so the 2k difference is quite enticing

may consider 5k as that would just inconvenience me [p155 me off] if i lost it on a fixed term

is it fixed term investment or can you take profits at intervals

_________________
we are all ------------------still learning


Top
 Profile  
 
PostPosted: Mon Apr 01, 2013 10:23 pm 
Offline
Pro Carpenter
User avatar

Joined: Sat Dec 16, 2006 10:11 pm
Posts: 19508
Location: redhill surrey an auld reekie laddie
Has thanked: 623 times
Been thanked: 1770 times
big-all wrote:
0.35% increase in allowance waweee :lol: :lol:

inky peat i would be interested to look but unlikely to invest as the money i invest would be less than 10k as thats all i can afford to loose before my state pension in 6 years time
what are the annual running costs are they fixed no matter what you invest variable on amount or a mixture off both :thumbright:


ok just realised my mistake :lol: :lol:

its a £120 not £20 so just over 2% :lol:

_________________
we are all ------------------still learning


Top
 Profile  
 
PostPosted: Mon Apr 01, 2013 11:55 pm 
Offline
Senior Member
User avatar

Joined: Sun Dec 23, 2007 4:11 pm
Posts: 11464
Location: Wales
Has thanked: 93 times
Been thanked: 90 times
Had a cash ISA for just a year with the full amount in it, with LloydsTSB at 2.35%. If I leave it there, am I likely to get the same rate next 12 months. I may need the money for a static van to live in for my self build though.

_________________
I started out with nothing, I still have most of it.

Directmail scam information site: http://astrocat.proboards.com/index.cgi?


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic This topic is locked, you cannot edit posts or make further replies.  [ 20 posts ]  Go to page Previous  1, 2


Similar topics
   

Time zone: Europe/London [ DST ]


Who is online

Users browsing this forum: No registered users and 0 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron
Visit Hilti


 

 

 

News News Site map Site map SitemapIndex SitemapIndex RSS Feed RSS Feed Channel list Channel list
ultimatehandyman privacy policy

Contact

 

Powered by phpBB® Forum Software © phpBB Group

phpBB SEO