Intelligent Money - your investment questions answered
Discussion
JapanRed said:
Just out of interest rather than anything else. What % of peoples IM holdings are in PH-Recovery? I’ve made a few transfers over the past few days and am about 63% in PH-R across all our IM accounts.
What’s everyone else’s percentages? No need for actual willy waving ££££numbers ;-)
I'm surprised at some of the replies. Most of my SIPP and ISAs are outside IM at the moment but the Recovery fund is only around 2% or the total. I'd be happy with a higher level but given where I am on the retirement curve I personally wouldn't go much above 5%. i am a bit of a cautious ninny.What’s everyone else’s percentages? No need for actual willy waving ££££numbers ;-)
JapanRed said:
Just out of interest rather than anything else. What % of peoples IM holdings are in PH-Recovery? I’ve made a few transfers over the past few days and am about 63% in PH-R across all our IM accounts.
What’s everyone else’s percentages? No need for actual willy waving ££££numbers ;-)
Hi RobWhat’s everyone else’s percentages? No need for actual willy waving ££££numbers ;-)
As you can see, it varies massively. Some have moved in 100% and others just 5%.
Which ever way it goes some will be laughing and others will be kicking themselves (for either moving in or not moving in, we don't know which yet!).
This is why I always stress the importance of diversification. PH Recovery could be a fantastic investment (and my own money is in there too), but it may not be (boo ha!).
So far (which is a tiny period of time) PH Equity is 6% in the lead, but if and when the PH Recovery stocks bounce back the returns could be incredible.
It is a calculated risk. My job it to make sure it delivers an appropriate reward for this.
Cheers
Julian
Simpo Two said:
Mr Pointy said:
Ron-ski said:
Thanks for the reply Nik.
The problem is it's turning IM into a trading platform, not an investing one. In general you should be looking at investment periods of years so whether you haven't seen a change for two days should be completely irrelevant. If you only had an update once a week you wouldn't be stressing over the lag in updates & the IM team could get on with helping other clients with their broader financial issue & planning. There aren't many of them & they'll run out of capacity at some point.Mr Pointy said:
I reckon to stop all the worrying the value updates should be pushed through once a week. Maybe show the Friday closing values on Monday morning.
Not a good idea, I wouldn't say I was worrying, but when others have reported an increase it is a little concerning not seeing it reflected on my dashboard. The issue here is the value changing but it not being shown for some reason. From many comments here it seems that the dashboard is a bit 'beta' and needs a shaking out so it runs smoothly without intervention. But Private Clients is a relatively new venture and PCs are a bit more demanding than IFAs who don't really care what it's worth because it's not their money and they get paid anyway.
I once saw my ISA value drop by £100k during a transfer & at the time I suggested that a clients dashboard be blanked while transfers are in progress to avoid alarming clients who, not unreasonably, were worried when large chunks of their wealth seems to have disappeared.
Mr Pointy said:
JapanRed said:
Just out of interest rather than anything else. What % of peoples IM holdings are in PH-Recovery? I’ve made a few transfers over the past few days and am about 63% in PH-R across all our IM accounts.
What’s everyone else’s percentages? No need for actual willy waving ££££numbers ;-)
To me that sounds a very high percentage given the much higher risk associated with the Recovery fund. Of course it depends on how much of your overall investments are with IM but I'd hate to think you'd got carried away with the prospect of doubling your money & gone all in. Personally I wouldn't go over 10% of my overall IM holdings. IANAIFA.What’s everyone else’s percentages? No need for actual willy waving ££££numbers ;-)
Great to see everyone doing different things though
Hi everyone
I've recently been looking at how much I should be putting in my pension and the biggest unknown seems to be the rate of return on investments. I've so far used 2% (being the real rate of growth after removing inflation) in my Excel workings. What are people's views on using this (or any other!) figure? From the (admittedly small amount of) research I've done so far, I think I'm being quite conservative. If it affects things, I'm not quite 40 and hope retirement will happen when I'm around 60 to 62.
Thanks
Mike
I've recently been looking at how much I should be putting in my pension and the biggest unknown seems to be the rate of return on investments. I've so far used 2% (being the real rate of growth after removing inflation) in my Excel workings. What are people's views on using this (or any other!) figure? From the (admittedly small amount of) research I've done so far, I think I'm being quite conservative. If it affects things, I'm not quite 40 and hope retirement will happen when I'm around 60 to 62.
Thanks
Mike
100% of my IM holding is in PHR.
It's around 40% of my total investing pot though.
I've got around 20% In start-ups too so you could say I like a bit of risk.
Im a spring chicken so if it does all go tits up, compound interest over time is still going to work in my favour. Of course if everything goes well I get to retire in fairly short order.
It's around 40% of my total investing pot though.
I've got around 20% In start-ups too so you could say I like a bit of risk.
Im a spring chicken so if it does all go tits up, compound interest over time is still going to work in my favour. Of course if everything goes well I get to retire in fairly short order.
Mr Pointy said:
The comparison with a bank account is nonsense. The movement of funds between various accounts when making a change on IM is much more complicated & subject to delays as stocks & funds are sold & bought & tracking the precise individual & overall values at any moment cannot be straighforward.
You're talking about making changes. I'm just talking about just seeing what you've got on a particular day. 'How much have I got? Ah yes, that much'.PH Recovery will be about 2.5% for me, just a dabble.
JapanRed said:
uk66fastback said:
I've got 7% of my total IM fund in PHR. This may increase ...
Just out of interest, what would sway your decision to increase it? I’d have thought the biggest gains are to be made earlier on? It’s all opinions
Simpo Two said:
You're talking about making changes. I'm just talking about just seeing what you've got on a particular day. 'How much have I got? Ah yes, that much'.
The issue is that there's a lot of questions being posted by people who have just made a bank transfer or just transferred from one PH fund to another & who are expecting to see instant updates - it just doesn't work like that. If you're transferring from Equity to Recovery it could easily take a week for the dashboard to be correct & in that time clients are posting about concerns because it doesn't look right.Maybe the question is do you want to see wrong numbers or no numbers?
dingg said:
Re seeing what's in the fund at any given time.
That's what people expect to see, and that's why it's important, the customer is always right.
(unless he's wrong) ??
It will never be 100% right 100% of the time when changes are being made. I've made changes in Vanguard & others & at some point during the sell/buy process the accurate values aren't available. You won't see what's in your fund for a day or so.That's what people expect to see, and that's why it's important, the customer is always right.
(unless he's wrong) ??
Anyway, I shall return to logging on once a week until everything falls apart again.
Don't you just love forum jobs worths 
There always one.
My money had been transferred between funds - I received an email stating this on Thursday.
My dashboard showed the funds present in PH Recovery Thursday night when I checked.
Julian stated that the PH Recovery fund was up 2.49% on Friday.
Given the system is automated surely my PH Recovery fund should have reflected the above mentioned increase.
It didn't reflect this increase so I thought it prudent to ask - clearly there's a reason it didn't show this increase.
The thread is called "Intelligent Money - your investment questions answered"
I had a justified question about my investments so I asked it!
There is no way to see how any of the funds are performing, the only way is to look at the value my holdings, so if they go down tomorrow, does it or does it not include Fridays uplift? I've absolutely no way to tell, all I know is Julian said it had gone up 2.49%, but mine hadn't, perhaps you're not concerned about the odd 2.49% here and there, I am!
And just be clear again, I'm not stressing, I'm not worried, I'm just concerned, and please don't tell me how many times to look at my investments, and I won't tell you how to manage you're money
Where is there any suggestion I'm trying to trade on IM, I think anybody doing that is clearly deluded as there's much more suitable platforms for trading.
There always one.Mr Pointy said:
The problem is it's turning IM into a trading platform, not an investing one. In general you should be looking at investment periods of years so whether you haven't seen a change for two days should be completely irrelevant. If you only had an update once a week you wouldn't be stressing over the lag in updates & the IM team could get on with helping other clients with their broader financial issue & planning. There aren't many of them & they'll run out of capacity at some point.
Let look at the facts.My money had been transferred between funds - I received an email stating this on Thursday.
My dashboard showed the funds present in PH Recovery Thursday night when I checked.
Julian stated that the PH Recovery fund was up 2.49% on Friday.
Given the system is automated surely my PH Recovery fund should have reflected the above mentioned increase.
It didn't reflect this increase so I thought it prudent to ask - clearly there's a reason it didn't show this increase.
The thread is called "Intelligent Money - your investment questions answered"
I had a justified question about my investments so I asked it!
There is no way to see how any of the funds are performing, the only way is to look at the value my holdings, so if they go down tomorrow, does it or does it not include Fridays uplift? I've absolutely no way to tell, all I know is Julian said it had gone up 2.49%, but mine hadn't, perhaps you're not concerned about the odd 2.49% here and there, I am!
And just be clear again, I'm not stressing, I'm not worried, I'm just concerned, and please don't tell me how many times to look at my investments, and I won't tell you how to manage you're money
Where is there any suggestion I'm trying to trade on IM, I think anybody doing that is clearly deluded as there's much more suitable platforms for trading.
Another new sign up to IM here. All the talk of the money to be made from PH recovery was enough for me to finally get round to moving some savings into a S&S ISA.
Trying now to get rest of house in order. From reading the cash thread on here, realising we probably have too much money (almost a years outgoings) siting doing very little in current accounts/savings accounts so need to weigh up options between paying off the family car PCP, overpayment on mortgage, or building up the S&S ISA. Any standard practice to follow or is this something IM can offer more detailed thoughts on?
Trying now to get rest of house in order. From reading the cash thread on here, realising we probably have too much money (almost a years outgoings) siting doing very little in current accounts/savings accounts so need to weigh up options between paying off the family car PCP, overpayment on mortgage, or building up the S&S ISA. Any standard practice to follow or is this something IM can offer more detailed thoughts on?
sp8 said:
Hi everyone
I've recently been looking at how much I should be putting in my pension and the biggest unknown seems to be the rate of return on investments. I've so far used 2% (being the real rate of growth after removing inflation) in my Excel workings. What are people's views on using this (or any other!) figure? From the (admittedly small amount of) research I've done so far, I think I'm being quite conservative. If it affects things, I'm not quite 40 and hope retirement will happen when I'm around 60 to 62.
Thanks
Mike
Morning MikeI've recently been looking at how much I should be putting in my pension and the biggest unknown seems to be the rate of return on investments. I've so far used 2% (being the real rate of growth after removing inflation) in my Excel workings. What are people's views on using this (or any other!) figure? From the (admittedly small amount of) research I've done so far, I think I'm being quite conservative. If it affects things, I'm not quite 40 and hope retirement will happen when I'm around 60 to 62.
Thanks
Mike
I agree that you are being quite conservative in your projections, but that is not a bad thing!
I always think it is better to end up surprised if returns are higher, rather than things ending up the other way round.
Also, when planning for retirement, you need to factor in the outgoings that will no longer be there (mortgage payments, work commute/parking/lunch costs, and school fees, etc.).
If you would like to chat over this, please feel free to contact Nik (nik.burrows@intelligentmoney.com) and he will be happy to go over things with you.
This is a financial planning service which we make available for free to fellow PHers and there is no requirement for you to switch to IM.
Cheers
Julian
Mr Pointy said:
Simpo Two said:
You're talking about making changes. I'm just talking about just seeing what you've got on a particular day. 'How much have I got? Ah yes, that much'.
The issue is that there's a lot of questions being posted by people who have just made a bank transfer or just transferred from one PH fund to another & who are expecting to see instant updates - it just doesn't work like that. If you're transferring from Equity to Recovery it could easily take a week for the dashboard to be correct & in that time clients are posting about concerns because it doesn't look right.Maybe the question is do you want to see wrong numbers or no numbers?
dingg said:
Re seeing what's in the fund at any given time.
That's what people expect to see, and that's why it's important, the customer is always right.
(unless he's wrong) ??
It will never be 100% right 100% of the time when changes are being made. I've made changes in Vanguard & others & at some point during the sell/buy process the accurate values aren't available. You won't see what's in your fund for a day or so.That's what people expect to see, and that's why it's important, the customer is always right.
(unless he's wrong) ??
Anyway, I shall return to logging on once a week until everything falls apart again.
Brads67 said:
It's an investment, not trading.
The demand for minute by minute updated info must be driving Julian mental.
I bet he laments the demise of the yearly statement booklet every time he logs on now lol.
Morning BradsThe demand for minute by minute updated info must be driving Julian mental
.I bet he laments the demise of the yearly statement booklet every time he logs on now lol.
It's fine mate, but whilst I try and check on here regularly I do actually have a job to do as well!
Fortunately, I have a fantastic team behind me, which does free up a lot of my time to do other things that I enjoy, such as chatting with some great people here.
And Burwood.
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