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Stocks n Shares ISA

Any truth in the rumour the index funds are being forced to take on spaceX stock with fewer controls/weaker criteria than they usually would?
 

Darlo1973 said:
Sadly I won't benefit from the Great Wealth Transfer to any significant degree but I have friends whose entire financial planning is built around parents dying though much of this money could skip a generation to help younger Millennials or Gen Z onto the housing ladder.
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Im fully expecting mine to live well into their 90s & ill have retired anyway. So it then comes down to once they get to a point they cant do much spending, they'll start just giving it away early (with the possibility of avoiding any potential care home costs). In either case, my bairn will likely get a significant chunk of it for buying a house.
 
42 said:
Im fully expecting mine to live well into their 90s & ill have retired anyway. So it then comes down to once they get to a point they cant do much spending, they'll start just giving it away early (with the possibility of avoiding any potential care home costs). In either case, my bairn will likely get a significant chunk of it for buying a house.
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I'm in the process of getting my mam into a care home. The costs are mind boggling and given the prices of NE houses her equity isn't going to last long.
 
DrNo! said:
Bonds seem to follow equities these days so not so sure they'll save you when the markets crash.
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Although they might follow a similar trajectory going up and down at the same time, the idea seems to be that bonds go up say 1-2% in normal conditions whereas equities up say 4-5%. (numbers not 100% accurate just an example)
If in a crash the equities fall 20% but bonds only 5-8%. It's the same equivalent fall, but your pot reduces by less.
Yes, your pot also grew less before the crash but I'm reading a lot about markets being overvalued, AI etc.

I know a few on here have quoted time in the market rather than timing the market, but I'm already in and my starting pot is the same now whatever i do.
If I change investments to bonds and there's a crash but it's dampened by the stabler bonds, I have a bigger pot after the crash.
After the crash, switch to equities on the rise again and you're laughing.
If there's no crash you've earned less interest.

Just wondering if others also think a crash is coming and it might be a good time to move into more conservative funds for a while?
 
Pilot Light said:
Although they might follow a similar trajectory going up and down at the same time, the idea seems to be that bonds go up say 1-2% in normal conditions whereas equities up say 4-5%. (numbers not 100% accurate just an example)
If in a crash the equities fall 20% but bonds only 5-8%. It's the same equivalent fall, but your pot reduces by less.
Yes, your pot also grew less before the crash but I'm reading a lot about markets being overvalued, AI etc.

I know a few on here have quoted time in the market rather than timing the market, but I'm already in and my starting pot is the same now whatever i do.
If I change investments to bonds and there's a crash but it's dampened by the stabler bonds, I have a bigger pot after the crash.
After the crash, switch to equities on the rise again and you're laughing.
If there's no crash you've earned less interest.

Just wondering if others also think a crash is coming and it might be a good time to move into more conservative funds for a while?
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Not particularly, no.

This is a decent indicator
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Alchemist said:
The Tech/AI stuff I invested in from six months to a year ago has gone mental. Everything is overvalued now but people are still buying. Whenever I think of selling, it just goes higher.

It's surely not sustainable but whenever there's a drop or a smaller company becomes linked with a bigger one, investors pile on again. I thought it would drop around a month ago but it's still going crazy.
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I went from a regular S&P 500 tracker fund to an equal weighted one a year ago. Of the big tech stocks, only Amazon and Microsoft stack up for me at current valuations. Tesla is a joke, Google (and every other software company) is at heavy risk from AI, Nvidia is the luckiest company in history (twice!), and Palantir having a higher market cap than IBM makes no sense at all. I've been wrong before like.
Darlo1973 said:
Sadly I won't benefit from the Great Wealth Transfer to any significant degree but I have friends whose entire financial planning is built around parents dying though much of this money could skip a generation to help younger Millennials or Gen Z onto the housing ladder.
Click to expand...
I know a couple of people like this. Living like church mice now, or spending everything they earn, on the basis of inheritances that may never come.
 
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Matt Hopkins said:
Said before either here or the retirement thread, imagine planning or even just thinking that. Terrible stuff IMO
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Girl at graft a few years ago was complaining about her future inheritance being spent on her mothers care needs.

Not worried in the slightest about her mothers care plan , just the reduction of money she thought she was due when her mother passed away.

Vile.
 
buster said:
Girl at graft a few years ago was complaining about her future inheritance being spent on her mothers care needs.

Not worried in the slightest about her mothers care plan , just the reduction of money she thought she was due when her mother passed away.

Vile.
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Awful to hear that, ultimately everyone dies and the way I see things if I’m lucky enough to inherit anything in the future it will be used to complement any retirement planning. Plan for receiving nothing.
 
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Darlo1973 said:
Sadly I won't benefit from the Great Wealth Transfer to any significant degree but I have friends whose entire financial planning is built around parents dying though much of this money could skip a generation to help younger Millennials or Gen Z onto the housing ladder.
Click to expand...
i know a couple (in 50s) whose plans are entirely reliant on an aunty passing away and one of their parents , they openly talk about it enall, bizarre
 
NYMackem said:
I know a couple of people like this. Living like church mice now, or spending everything they earn, on the basis of inheritances that may never come.
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Theres a poster on this forum like that. There was a whole thread on him asking for loan advice, where basically he wanted to take out a bigger loan to pay off an old one, and include some additional spends, which resulted in a massive piss take in being clueless with money. Anyway, it was then also revealed his big future financial plan being based on an inheritance from a wealthy uncle. Then when he got the money he was on here moaning about inheritance tax, which I thought was crackers given the amount hes obviously received.
 
42 said:
Theres a poster on this forum like that. There was a whole thread on him asking for loan advice, where basically he wanted to take out a bigger loan to pay off an old one, and include some additional spends, which resulted in a massive piss take in being clueless with money. Anyway, it was then also revealed his big future financial plan being based on an inheritance from a wealthy uncle. Then when he got the money he was on here moaning about inheritance tax, which I thought was crackers given the amount hes obviously received.
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You can't say that and not link to it...

I think it's wild when people twist on about IHT. Poor me, paying tax on my free money.
 
NYMackem said:
You can't say that and not link to it...

I think it's wild when people twist on about IHT. Poor me, paying tax on my free money.
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It was years ago, and hes had a number of different names since. Probably struggle to find it

Here's the IHT one anyway

Inheritance Tax Penalty: who pays?

My uncle died last July and we had to pay £92,000 inheritance tax. It’s a sickener and a disgrace.
www.readytogo.net www.readytogo.net
 
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buster said:
Girl at graft a few years ago was complaining about her future inheritance being spent on her mothers care needs.

Not worried in the slightest about her mothers care plan , just the reduction of money she thought she was due when her mother passed away.

Vile.
Click to expand...

I still find it unbelievable what people will say and do for money, absolutely zero morals and no shame, I wouldn't sleep at night thinking I'd went on like that.
 
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