Your questions answered Vol 2 - IM Private Clients
Discussion
maccboy said:
Isn't PHE an ISA though? If the yearly allowance has been used, you're screwed.
No, you can have PHE in whatever IM offer. ISA, SIPP, GIA, and any others if I've missed them, the choice is yours Well done the IM team, I'm very pleased with the results, although I am going to miss it - the fun and the nice increases. Last March (when I joined) I set myself January targets until my planned retirement date based on an annualised return and investing as much as possible each month, I'm currently only £1k off my January 2022 target, most of that is down to PHR, as others have said I only wished I'd gone all in at the start, but that's hindsight and if I could read the future I would have won the Euro-millions by now.
maccboy said:
Ali2202 said:
I'm out when IM say so. They've clearly proven themselves to know best. It's a collective deal we've all invested in and should view it as such. Complicated to ask for the 'rules' under which we collectively accepted to now be adjusted to the individual and to me at least, not in the original ethos.
Back into PHE for us.
Isn't PHE an ISA though? If the yearly allowance has been used, you're screwed.Back into PHE for us.
Previous investment and gains within your ISA has no relevance to the current years allowance.
Mr Pointy said:
The fact sheets are in the library section here:
https://private-client.intelligentmoney.com/litera...
Fabulous thanks for thathttps://private-client.intelligentmoney.com/litera...
911pleb said:
You could always stick it back into the stocks yourself if you really, really wanted to see it through.
Very true, though I liked to have the IM experts overseeing it. I'm not that keen on dabbling in individual shares.Gallons Per Mile said:
Simpo Two said:
... it spreads the tumult of cash cascading about my ears.
Ah, that's where I can help you out. Divert it via GPM Cash Extortions Ltd and for a small fee I'll make it all go away.;)Gallons Per Mile said:
Simpo Two said:
[grumiomodeon] If there's no Parker pen I'm not interested [grumiomodeoff] Besides, Mowgli popped in earlier and persuaded me to sign something.
Pens are available and Mowgli's freelancing for me at the moment. Sounds like he's just earned himself some more tuna!As a latecomer to PHR I've done nicely enough thank you. I did make the mistake of calculating what I *would* have made with the same investment if I'd been able to get in on day 1. Damn!
Looks like I will take a bath on Budweiser when the fund closes but overall the proceeds from the rest are a nice top-up for the pot.
Looks like I will take a bath on Budweiser when the fund closes but overall the proceeds from the rest are a nice top-up for the pot.
pincher said:
Just had an email entitled Important PH Recovery Update, addressed to one of the family ISAs that isn’t invested in PHR? The one ISA that does have it, hasn’t had the email - doesn’t seem right?
Me too via SIPP not ISA. My step daughter received it instead of me. I’m assuming a glitch and I had already received it through my wife’s account. I would echo the comments on here already. My first ever venture into investing was last February, putting a modest monthly amount into PHE for the first couple of months until making the lucky/wise/greedy/ignorant/wreckless/shrewd move to PHR in July.
Now my biggest challenge is to convince my Mrs that I'm not being set up for a big sting to lose the lot (plus much more) as it's too good to be true and 'that's how they get you'......
Big thanks to all the team.
Now my biggest challenge is to convince my Mrs that I'm not being set up for a big sting to lose the lot (plus much more) as it's too good to be true and 'that's how they get you'......
Big thanks to all the team.
I broke two traditions around the end/start of the tax year last year - one was to stop putting money into cash ISAs just because it was quicker and I always left it until the last minute, and the second was to invest almost at the start of the year (well, June) rather than the very end. Both were with IM, the 20/21 money going into PHR not at the start, but reasonably early on. Any time I feel unimpressed at what PHE and OGG have done in almost exactly a year I remember that (a) it only looks poor because of what PHR has done, and (b) it's still better than my cash ISAs are doing. Even when I had my Barclays 7.5% cash ISA, this is still beating it.
All this reminds me that I need to do something for this year.
All this reminds me that I need to do something for this year.
droopsnoot said:
I broke two traditions around the end/start of the tax year last year - one was to stop putting money into cash ISAs just because it was quicker and I always left it until the last minute, and the second was to invest almost at the start of the year (well, June) rather than the very end. Both were with IM, the 20/21 money going into PHR not at the start, but reasonably early on. Any time I feel unimpressed at what PHE and OGG have done in almost exactly a year I remember that (a) it only looks poor because of what PHR has done, and (b) it's still better than my cash ISAs are doing. Even when I had my Barclays 7.5% cash ISA, this is still beating it.
All this reminds me that I need to do something for this year.
I agree. I compare what IM delivers to what the high street could deliver.All this reminds me that I need to do something for this year.
Part of me thinks it's obscene to be able to make so much money without working for it, but I'll get used to it .
pingu393 said:
Part of me thinks it's obscene to be able to make so much money without working for it, but I'll get used to it .
It's not obscene, it's opportunism and experience quantified. You may not have worked for it but you had the courage to risk your savings instead. PHR was technically high risk - yet also, given the context, pretty much a sure-fire winner. That's what set it apart from traditional offerings. It will be a hard act to follow.It amused me to read this in yesterday's Telegraph just after getting the "we're oot" email from IM:
https://www.telegraph.co.uk/investing/shares/diary...
https://www.telegraph.co.uk/investing/shares/diary...
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