Whoa! ISA plummets
Discussion
Soov535 said:
davepoth said:
walm said:
Well everything was red on Monday so it's only fair.
Welcome to every August.
The market always overcorrects when there's a big event like we saw in China, so there are a couple of seesaws either way before it finds a level. I'd guess it'll be another wild ride tomorrow.Welcome to every August.
hermitage henry said:
Soov535 said:
davepoth said:
walm said:
Well everything was red on Monday so it's only fair.
Welcome to every August.
The market always overcorrects when there's a big event like we saw in China, so there are a couple of seesaws either way before it finds a level. I'd guess it'll be another wild ride tomorrow.Welcome to every August.
Soov535 said:
hermitage henry said:
Soov535 said:
davepoth said:
walm said:
Well everything was red on Monday so it's only fair.
Welcome to every August.
The market always overcorrects when there's a big event like we saw in China, so there are a couple of seesaws either way before it finds a level. I'd guess it'll be another wild ride tomorrow.Welcome to every August.
Why?
bad company said:
Ginge R said:
bad company said:
I read an article on the Hargreaves Landown web site (can't find it this morning) recommending restricting income to the 'natural yield' of 3.5 - 4.5%. So as I said I went for 3.6%, glad I kept to a modes percentage now.
For some people, especially those retiring early, it's nice to target 3.3/3.3%. You're certainly being sensible. Make sure too, your funds remain suitable. Worth mentioning too, being the richest man in the graveyard isn't much to write home about.
http://www.thisismoney.co.uk/money/pensions/articl...
Not sure what your recommendation is, you said 3.3 - 3.3% which I suspect is a typo?
Sorry for the ignore, today is the first day I've dropped back in since then. We talk about investment appetite, but more important is loss capacity. Some clients drawing for a pension that's their only asset and needs to provide income for a long time, should be treated differently to one which is heavily padded out and upon which, the client isn't overly reliant. So, I wouldn't be dogmatic about it (one size doesn't fit all etc) but those figures are in the ballpark. It depends on the client's needs, wishes and feelings.
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