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  1. #21

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    Quote Originally Posted by Whorty View Post
    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?
    Yes, that is the plan.
    I design idiot proof software. Trouble is, they keep making better idiots.

  2. #22

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    Quote Originally Posted by _V_ View Post
    Yes, that is the plan.
    Cool. I was worried you planned to take the pension out completely and get hit with a 40% tax bill (after the 25% is taken tax free). You'd be surprised how many people don't realise that - I worked for a pensions advisors co and we had loads of clients who thought they could take their pension pot all tax free and wanted to buy a BTL - they were royally shocked to learn that only 25% was tax free and they would get smashed by a 40% tax bill on the rest of it.

    There is so little understanding out there on some pretty important, but simple, financial matters. No wonder scammers find some easy targets!
    I am what I drink, and I'm a bitter man

  3. #23

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    Quote Originally Posted by _V_ View Post
    70% junk bonds, the rest BBB.

    I'll pass.
    Down with racism. Long live miscegenation!

  4. #24

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    Quote Originally Posted by NotAllThere View Post
    70% junk bonds, the rest BBB.

    I'll pass.
    One man's junk is another man's treasure.

    27/11/16 to 27/11/17
    Annual return 16.69%
    I design idiot proof software. Trouble is, they keep making better idiots.

  5. #25

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    Quote Originally Posted by _V_ View Post
    One man's junk is another man's treasure.

    27/11/16 to 27/11/17
    Annual return 16.69%
    As Nassim Taleb said do not pick pennies in front of a steamroller
    Last edited by Andy2; 30th November 2020 at 14:35.

  6. #26

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    Quote Originally Posted by _V_ View Post
    One man's junk is another man's treasure.

    27/11/16 to 27/11/17
    Annual return 16.69%
    Please remember past performance is not a guide to future returns. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

    27/11/19 to 27/11/20 Annual return 0.66%
    Down with racism. Long live miscegenation!

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