DOOM: Annuity rates DOOM: Annuity rates - Page 2
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  1. #11

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    Quote Originally Posted by AtW View Post
    Ok, clicked links and here is “Performance” data from them -

    1. 27/11/19 to 27/11/20 - 0.66%
    2. -5.27%
    3. 1.73%


    You buy them for the yield generally. If you want to make money on capital appreciation, buy AMD shares.
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  2. #12

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    Quote Originally Posted by _V_ View Post
    You buy them for the yield generally. If you want to make money on capital appreciation, buy AMD shares.
    And how do they guarantee yield?

    Don’t forget HL fees

    In any case 3% is rather pathetic when capital is a risk

  3. #13

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    Fidelity MoneyBuilder Income (Class W) Income Fund Price & Information

    Distribution yield : 2.93%
    Income paid: Monthly
    Type of payment: Interest


    Return 27/11/18 to 27/11/19 10.08%
    Return 27/11/19 to 27/11/20 5.86%
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  4. #14

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    Quote Originally Posted by AtW View Post
    And how do they guarantee yield?

    Don’t forget HL fees

    In any case 3% is rather pathetic when capital is a risk
    Well, you can have no risk in a bank and get 0.1%
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  5. #15

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    What does class W mean?

    These bonds look like a bigger scam than annuities - at least with those they can just repay you back your own money and then keep some, less chance they’ll scam whole capital

  6. #16

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    Quote Originally Posted by AtW View Post
    What does class W mean?

    These bonds look like a bigger scam than annuities - at least with those they can just repay you back your own money and then keep some, less chance they’ll scam whole capital
    Sounds like you have it all sorted. AMD to the moon, then sell up and buy an annuity.
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  7. #17

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    Quote Originally Posted by _V_ View Post
    Sounds like you have it all sorted. AMD to the moon, then sell up and buy an annuity.
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  8. #18

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    Quote Originally Posted by _V_ View Post
    I cannot see why anyone would convert a large sum of money into an annuity rather than buy property and high yield bonds and shares and live off the rent + dividends + interest?

    At least that way when you pop off you can leave the wealth to family / Battersea dogs home.
    why would a pensioner buy property and deal with the hassle of problem tenants
    bonds and shares are all time high and may go pop
    bank interest is pitiful 0.5 %
    i checked on a website and it seems annuity provides 3.5% return which is not bad

  9. #19

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    Quote Originally Posted by Andy2 View Post
    why would a pensioner buy property and deal with the hassle of problem tenants
    bonds and shares are all time high and may go pop
    bank interest is pitiful 0.5 %
    i checked on a website and it seems annuity provides 3.5% return which is not bad
    If an annuity works for you, then fine, hand over the hundreds of thousands of £££ and sit back and get 3.5% return until you die.

    For me, I would be happy to manage property at 55 years old and bond and stock portfolio and let me family inherit the wealth I've accumulated. I reckon I can get nearer 5% return overall and possibly some capital gains too.

    You might buy the annuity and die 2 years later and your family get nothing.
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  10. #20

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    Quote Originally Posted by _V_ View Post
    If an annuity works for you, then fine, hand over the hundreds of thousands of £££ and sit back and get 3.5% return until you die.

    For me, I would be happy to manage property at 55 years old and bond and stock portfolio and let me family inherit the wealth I've accumulated. I reckon I can get nearer 5% return overall and possibly some capital gains too.

    You might buy the annuity and die 2 years later and your family get nothing.
    I assume you're keeping your capital (after tax free lump sum) within your pension pot? So your bonds/stocks are all part of the remaining pension capital?
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