Pension stuff, how's it all looking ? HAve you prepared ?

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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by gremlin »

Count Steer wrote: Fri Jan 24, 2025 12:16 pm
Mr. Dazzle wrote: Fri Jan 24, 2025 11:35 am
Count Steer wrote: Fri Jan 24, 2025 10:34 am Question then is what do you do with the winnings? :lol:
S'all in my SIPP, so the answer is "invest them somewhere else" :D
Yebbut...into what? Companies in the 'defence' industry, 'safe' havens for turbulent times, gold, USA, Far East, crypto, pharma......???
Defence might be a shout. DEI has had defence companies treated like drug smugglers or terrorists to many investment companies trying to appeal to ethical investors. Even before Trump was elected there has been, thankfully, a gradual push against it. Now that Trump has declared open warfare on wokeism and DEI there should be a higher level of investment in the sector.
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by Count Steer »

gremlin wrote: Fri Jan 24, 2025 1:11 pm
Count Steer wrote: Fri Jan 24, 2025 12:16 pm
Mr. Dazzle wrote: Fri Jan 24, 2025 11:35 am

S'all in my SIPP, so the answer is "invest them somewhere else" :D
Yebbut...into what? Companies in the 'defence' industry, 'safe' havens for turbulent times, gold, USA, Far East, crypto, pharma......???
Defence might be a shout. DEI has had defence companies treated like drug smugglers or terrorists to many investment companies trying to appeal to ethical investors. Even before Trump was elected there has been, thankfully, a gradual push against it. Now that Trump has declared open warfare on wokeism and DEI there should be a higher level of investment in the sector.
The ethical investment thing has done pretty well for us. The missus has a heathy pension chunk in an AVC that's primarily in a 'Stewardship' fund and it's done pretty well. Not spectacular, but steady.

I'll tell her she needs to support the export market and switch to weapons. :hmmm:
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by Mr. Dazzle »

Some of my monthlies go in various "green energy" or "ethical investment" funds. I did actually check what sort of companies they invest in and they seemed fairly legit. Could have all changed now, I haven't looked!

One of them is run by Blackrock, the 'irony' of which might send certain sections of the Internet into apoplexy :D
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by JackyJoll »

For right or wrong, ethical and anti climate change investments are no more tempting to me than Islam-friendly ones.
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by Dodgy69 »

I'm at my highest point since ownership. Truss killed me a bit but DT has really got things going, good lad. 🇺🇲👍
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by Count Steer »

Mr. Dazzle wrote: Fri Jan 24, 2025 4:41 pm Some of my monthlies go in various "green energy" or "ethical investment" funds. I did actually check what sort of companies they invest in and they seemed fairly legit. Could have all changed now, I haven't looked!

One of them is run by Blackrock, the 'irony' of which might send certain sections of the Internet into apoplexy :D
We were introduced to them by a financial adviser about 25 years ago. The selling point was that they were a growing market that would only become more popular therefore they'd prosper....and they have. :thumbup:

Got no qualms about investing in stuff that wouldn't be found in them. eg Have got oil shares. Might as well be me that makes money out of them as anyone else. There are a few absolute no go areas for me. Wouldn't buy products or invest etc so I do like to know what the various funds are holding but I haven't gone into that much detail for a while.

Thought it was amusing when someone ran an eye over the CofE investments and suggested that a little hypocrisy was evident. :lol:
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by Docca »

I checked my pension stuff today. It’s in two bits because they changed the NHS pension in 2008.

As things stand, I’ll get a lump sum payment of £140k and then £35k a year until I shuffle off.
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by JackyJoll »

Docca wrote: Fri Jan 24, 2025 6:24 pm I checked my pension stuff today. It’s in two bits because they changed the NHS pension in 2008.

As things stand, I’ll get a lump sum payment of £140k and then £35k a year until I shuffle off.
And at some point you get the state one.
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by Treadeager »

JackyJoll wrote: Fri Jan 24, 2025 6:43 pm
Docca wrote: Fri Jan 24, 2025 6:24 pm I checked my pension stuff today. It’s in two bits because they changed the NHS pension in 2008.

As things stand, I’ll get a lump sum payment of £140k and then £35k a year until I shuffle off.
And at some point you get the state one.
I wouldn't bet my house on that ! Unbelievably there are whispers that the SP may end up being " means tested ".
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by JackyJoll »

Treadeager wrote: Sat Jan 25, 2025 2:53 pm
JackyJoll wrote: Fri Jan 24, 2025 6:43 pm
Docca wrote: Fri Jan 24, 2025 6:24 pm I checked my pension stuff today. It’s in two bits because they changed the NHS pension in 2008.

As things stand, I’ll get a lump sum payment of £140k and then £35k a year until I shuffle off.
And at some point you get the state one.
I wouldn't bet my house on that ! Unbelievably there are whispers that the SP may end up being " means tested ".
There’s been talk of “euthanasia” too…
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by Treadeager »

Yeah , but only MLSP on here has seriously espoused it 😁
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by JackyJoll »

Treadeager wrote: Sat Jan 25, 2025 4:40 pm Yeah , but only MLSP on here has seriously espoused it 😁
Yes but he’s down to be president when we march on Whitehall.
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by Count Steer »

Mr. Dazzle wrote: Fri Jan 24, 2025 10:21 am My NVIDIA shares are still leading the charge, up 486% so far.

I'm sure they'll crash eventually :lol:

Err....DeepSeek appears to have chucked a spanner in the works!
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by Mr. Dazzle »

Panic sell! Where's the pony?!
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by JackyJoll »

Mr. Dazzle wrote: Mon Jan 27, 2025 5:43 pm Panic sell! Where's the pony?!
I’ve built a tower of bog roll on this supermarket trolley. Ready to charge at the checkout when MSLP drops the flag.
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by Horse »

Count Steer wrote: Mon Jan 27, 2025 5:26 pm
Mr. Dazzle wrote: Fri Jan 24, 2025 10:21 am My NVIDIA shares are still leading the charge, up 486% so far.

I'm sure they'll crash eventually :lol:

Err....DeepSeek appears to have chucked a spanner in the works!
BBC news today:

Shares in major tech firms such as Nvidia fell sharply, with the chip giant losing almost $600bn (£482bn) in market value.
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by weeksy »

Horse wrote: Tue Jan 28, 2025 8:31 am
Count Steer wrote: Mon Jan 27, 2025 5:26 pm
Mr. Dazzle wrote: Fri Jan 24, 2025 10:21 am My NVIDIA shares are still leading the charge, up 486% so far.

I'm sure they'll crash eventually :lol:

Err....DeepSeek appears to have chucked a spanner in the works!
BBC news today:

Shares in major tech firms such as Nvidia fell sharply, with the chip giant losing almost $600bn (£482bn) in market value.
That's a chunk of change !
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by JackyJoll »

weeksy wrote: Tue Jan 28, 2025 8:34 am
Horse wrote: Tue Jan 28, 2025 8:31 am
Count Steer wrote: Mon Jan 27, 2025 5:26 pm


Err....DeepSeek appears to have chucked a spanner in the works!
BBC news today:

Shares in major tech firms such as Nvidia fell sharply, with the chip giant losing almost $600bn (£482bn) in market value.
That's a chunk of change !
I think most of it was Mr Dazzle’s.
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by weeksy »

JackyJoll wrote: Tue Jan 28, 2025 8:36 am
weeksy wrote: Tue Jan 28, 2025 8:34 am
Horse wrote: Tue Jan 28, 2025 8:31 am

BBC news today:

Shares in major tech firms such as Nvidia fell sharply, with the chip giant losing almost $600bn (£482bn) in market value.
That's a chunk of change !
I think most of it was Mr Dazzle’s.
LOL maybe, looking at my pension, some of it was there too i'd guess.... unless others fell at the same time. Luckily for me (maybe not him though) it was only a smallish part so the effect isn't too dramatic.
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Re: Pension stuff, how's it all looking ? HAve you prepared ?

Post by Count Steer »

weeksy wrote: Tue Jan 28, 2025 8:40 am
JackyJoll wrote: Tue Jan 28, 2025 8:36 am
weeksy wrote: Tue Jan 28, 2025 8:34 am

That's a chunk of change !
I think most of it was Mr Dazzle’s.
LOL maybe, looking at my pension, some of it was there too i'd guess.... unless others fell at the same time. Luckily for me (maybe not him though) it was only a smallish part so the effect isn't too dramatic.
There was an impact on lots of tech shares including even Oracle. :eh:

I know I shouldn't be puzzled (because it's just perceived value not hard cash) but sometimes I think stuff like £482 billion? I wonder where that money is now? :lol:

Funny old game.
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