My pension pot has been increasing 5-10% every year the last few years. Pensions seem to be much derided, but fundamentally it's no different to any other investment, except it's tax exempt, which makes it pure win!
How would you invest £25k?
- Thread starter Stuff
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You get taxed when it comes out - it's absolutely not tax exempt.
It is going in, that's you 20% at least up straight away. Plus taking a tax free lump sum also then reduces tax at the other end, anyother investment will be subject to dividend tax/income tax/capital gains tax. All that of course may change over the next 30-40 years by the time you come to retire, but having the extra input now accumulates to a considerable additional amount over the long term.
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If u say so... mine's not making much more than a savings account would - which isn't much more than inflation - and I can't touch it.
Only works out because the company contributes - but it's a bad investment.
Only works out because the company contributes - but it's a bad investment.
Do you have the option to dictate where the pension is invested? If you're fairly young look to invest it in some higher risk investments.
If you're not getting more than 5% out of a pension fund, you need to shoot the administrator.
The index for global equities (pension) is around 15% PA for the last 5 years.
As an example:
http://www.aegonse.co.uk/funds/downloads/client-pen-bgi5050lifestyle100.pdf
The index for global equities (pension) is around 15% PA for the last 5 years.
As an example:
http://www.aegonse.co.uk/funds/downloads/client-pen-bgi5050lifestyle100.pdf
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Wouldn't invest better safe then sorry markets dodgy atm, you should treat yourself and put it away for the future!
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Nope - if I monkey around with it the company stops contributing.
Bloody hell. Do you work for a big company?
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nah <1k ppl
Which fund are u invested in ? My lifestyle tracker did pants last year
[TW]Fox;26353494 said:
Not entirely true - http://www.nationwide.co.uk/products/savings/regular-saver-isa/rates-and-information
Gives you 2.5%AER (2.59% gross) whereas 123 is less if you are a basic or higher tax payer.
You won't get the full 2.5% out of that as you're restricted to the amount you can pay in per month.
L&G Managed Lifestyle Fund, made 6% last year, 20% the year before.
Granted but Fox's example states it not being a fully maxed out ISA and was directly comparing interest rates.
The Santander one will beat the ISA if you put the full amount in in a pure monetary sense but the Nationwide one performs slightly better rate wise and matches the easy-access ability as well.
Fair point, it's also worth noting that the interest isn't 3% on the first 3k as well with Santander, so to get the most out of it, you need to fill it right up with cash.
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
But the OP is very clear, he has £25k to invest. Therefore I really dont understand why you are claiming an account with a maximum opening deposit of £1250 is a better alternative to my suggestion of an account paying 3%AER Gross with a maximum deposit of £20k?
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Tracker.
You haven't put much thought into it.
A kilo of commercial grade can be had for £16,000 with an immediate street value of £40,000. No need for cutting agent (and certainly not five grands worth of it
). Just 4-8 upper class customers could potentially buy 25g per week grossing you £1000 per week. Therefore after 16 weeks you will have broken even and you will still have 600g (£24,000) of all-profit stock left.Sell the rest and in approx 24 weeks you will have £9000 left from the original £25,000 kitty, plus £24000 in net sales. Giving you a total 40 week bank of £49,000.
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