Intelligent Money - your investment questions answered

[JulianPH]

mikeiow said:

Agreed: the minimum and initial charge is definitely waived for PHers.
We have set up small pension funds for our young adults, the numbers certainly the £tens of thousands. Mind you, half is PHequity, so we hope they will be in years to come

Morning Mike

PH Equity certainly is doing everything I designed it to do and long may that continue (well, it will, I have no other choice!!!).

[Catnip64]

JulianPH said:

Morning Mike

PH Equity certainly is doing everything I designed it to do and long may that continue (well, it will, I have no other choice!!!).

Morning Julian,

I saw a big drop in PHE yesterday (down 10% on cumulative growth, approx 4% overall impact), I think this was due to the Netflix results?
Are others seeing a similar reduction?
Good to see some recovery this morning though....

Steve

[Ron-ski]

Nothing unusual, I've seen very roughly just over a 3% drop in total over four business days in a row for PHE, this morning figures show its risen slightly, so long as the rises are higher than losses then I'm happy, which given time they are

[Little Bob]

Redundancy (voluntary), and hence early retirement (55) beckon on January 1st.

I have a mix of company DB and DC pension which I’m trying to work out what to do with, and will maximise the £40K allowance over the previous 3 years from my settlement, to go into the DC pension.
Weighing up pro’s and con’s of taking a lump sum from the DB pension along with a reduced pension...
I have to say my knowledge of pensions is not great - lots of reading to do.

Reading this thread also suggests that I should be looking at investing savings, as well as the settlement balance, I read about PH equity and PH recovery portfolios (if that’s the right word?) - is there somewhere that explains the details for these investments?

I’m a definite novice regarding investing too, but need to gen up quickly to maximise the potential of the money we have looking forward into retirement.

I have over 300 pages of this thread to get through, it is an education.

[leef44]

Little Bob said:

Redundancy (voluntary), and hence early retirement (55) beckon on January 1st.

I have a mix of company DB and DC pension which I’m trying to work out what to do with, and will maximise the £40K allowance over the previous 3 years from my settlement, to go into the DC pension.
Weighing up pro’s and con’s of taking a lump sum from the DB pension along with a reduced pension...
I have to say my knowledge of pensions is not great - lots of reading to do.

Reading this thread also suggests that I should be looking at investing savings, as well as the settlement balance, I read about PH equity and PH recovery portfolios (if that’s the right word?) - is there somewhere that explains the details for these investments?

I’m a definite novice regarding investing too, but need to gen up quickly to maximise the potential of the money we have looking forward into retirement.

I have over 300 pages of this thread to get through, it is an education.

You can glean a lot from reading this thread but it would be worth you making an appointment with Nik on Intelligent Money to go through your personal scenario. He won't push you with financial advise because he's not allowed but he will provide useful guidance and insight. And it's free.

I will be looking to retire early in the not too distant future. It's actually quite a hard call because when you reach this stage of your career, the DB pension begins to build quite well. If I had the option of redundancy, I probably would take it at this stage.

My decision is around my health and if I worked my full pension years, I don't think I would have many years of retirement to live it so it becomes a balancing act of working out when to call it a day. I need enough to live on but expect to live longer, the earlier I retire.

[davey68]

Little Bob - Julian, Nik, Coops and the whole IM team are really helpful. As someone with limited knowledge of ISA/pensions/GIA etc I'm very pleased I spoke to them and have several investments with them (with more to follow). No affiliation to IM, I just find them very honest, clear and supportive which isn't always the case with some finance outfits!

[Gallons Per Mile]

Send JulianPH a PM via the forum

[seapod]

CoopsIM said:

Good afternoon Seapod

Send me your details to [e-mail] and I'll happily look into this for you and try to get you some answers.

Thanks Steve - just done so

[seapod]

Simpo Two said:

Could a suspended fund be transferred 'in specie' (ie it doesn't have to be sold) or have you already tried that?

Good point, don't know. Hoping Mr Coops will tell me if this is possible.

[JulianPH]

Catnip64 said:

Morning Julian,

I saw a big drop in PHE yesterday (down 10% on cumulative growth, approx 4% overall impact), I think this was due to the Netflix results?
Are others seeing a similar reduction?
Good to see some recovery this morning though....

Steve

Hi Steve

I am puzzled to you seeing a 10% drop yesterday, it was actually up on the day.

We had our Investment Committee Meeting this morning, going over many things (a move to larger short dated bonds and slightly more Emerging Markets exposure with IM Optimum) and the potential need to hedge Sterling during the US elections and the outcome of Brexit).

PHE will remain unchanged (though will be rebalanced as always) and we are getting close to our first exit point with PHR (Next).

Please give me a PH (or contact Nik or Coops) on this: [e-mail] and [e-mail] for further info.

Cheers

Julian

[Al Gorithum]

I'd like to give Julian a massive double thumbs up for going way beyond the call of duty by trying to help me out of sticky situation. Didn't ask for a penny either!

Absolute legend. Thank you

[Phooey]

JulianPH said:

..we are getting close to our first exit point with PHR (Next).

Why's that mate?

[Jasey_]

Phooey said:

JulianPH said:

..we are getting close to our first exit point with PHR (Next).

Why's that mate?

Recovered to its pre covid level.

Thats my understanding of when stocks are dumped

[PaulWoof]

Just a query out of curiosity.

When contributing to funds which hold US stocks what time are they purchased? For example if I added funds to PHE the prior working day. Would it be the following days US market open price or whenever the contribution is actioned?

[Little Bob]

Thanks leef44, davey68 and Gallons Per Mile - appreciate your replies, I’ve dropped Julian a PM.

[JulianPH]

Al Gorithum said:

I'd like to give Julian a massive double thumbs up for going way beyond the call of duty by trying to help me out of sticky situation. Didn't ask for a penny either!

Absolute legend. Thank you

No problem mate. We are here for everything we can assist with!

[JulianPH]

Phooey said:

Why's that mate?

Next is up c. 30% and we had an initial target of 50% with this stock.

So given round two of the lock down then when it goes past 40% we may just take the gains and come out.

A 30% return over 3 months is not exactly bad!

[JulianPH]

PaulWoof said:

Just a query out of curiosity.

When contributing to funds which hold US stocks what time are they purchased? For example if I added funds to PHE the prior working day. Would it be the following days US market open price or whenever the contribution is actioned?

If the funds are cleared with us before 11:00 then it should be the same day. If not, then the following working day.

[CAPP0]

leef44 said:

Little Bob said:

Redundancy (voluntary), and hence early retirement (55) beckon on January 1st.

I have a mix of company DB and DC pension which I’m trying to work out what to do with, and will maximise the £40K allowance over the previous 3 years from my settlement, to go into the DC pension.
Weighing up pro’s and con’s of taking a lump sum from the DB pension along with a reduced pension...
I have to say my knowledge of pensions is not great - lots of reading to do.

Reading this thread also suggests that I should be looking at investing savings, as well as the settlement balance, I read about PH equity and PH recovery portfolios (if that’s the right word?) - is there somewhere that explains the details for these investments?

I’m a definite novice regarding investing too, but need to gen up quickly to maximise the potential of the money we have looking forward into retirement.

I have over 300 pages of this thread to get through, it is an education.

You can glean a lot from reading this thread but it would be worth you making an appointment with Nik on Intelligent Money to go through your personal scenario. He won't push you with financial advise because he's not allowed but he will provide useful guidance and insight. And it's free.

I will be looking to retire early in the not too distant future. It's actually quite a hard call because when you reach this stage of your career, the DB pension begins to build quite well. If I had the option of redundancy, I probably would take it at this stage.

My decision is around my health and if I worked my full pension years, I don't think I would have many years of retirement to live it so it becomes a balancing act of working out when to call it a day. I need enough to live on but expect to live longer, the earlier I retire.

Remember that you do have the option of cashing out a DB pension, albeit it's a somewhat long-winded and not cheap option. Clearly I'm not qualified to give any advice either way, but if your health suggests limited retirement years (and I'm sorry to hear that if so) then you, and your estate, ought to at least be looking at both options.

[Phooey]

JulianPH said:

Next is up c. 30% and we had an initial target of 50% with this stock.

So given round two of the lock down then when it goes past 40% we may just take the gains and come out.

A 30% return over 3 months is not exactly bad!

Ok gotcha! To be honest I've not been following all the individual stocks so didn't realise next had seen a 30% gain. Well done. It must be all the lingerie I keep buying myself.