Search found 125 matches

by Backache
September 12th, 2019, 3:27 pm
Forum: Investment Strategies
Topic: Emergency Fund in Lifestratehy 60?
Replies: 6
Views: 704

Re: Emergency Fund in Lifestratehy 60?

Why not just DIY the LS 60 with a short term bond fund and an LS100 in the appropriate amounts, Then if you need to sell you can choose what proportion of bonds and stocks you wish to sell rather than having it forced on you , Particularly if you are intending to buy some back.
by Backache
September 9th, 2019, 8:35 pm
Forum: Does anyone know?
Topic: Histamine v anti-histamine
Replies: 12
Views: 377

Re: Histamine v anti-histamine

I had considered that, and to a similar extent you could include anti virals and anti fungals. Of course the difference between what is a side effect and what is the main effect is merely a matter of marketing, eg. Minoxidil. John Again a bit yes and no, personally I would call anti fungals antibio...
by Backache
September 9th, 2019, 5:26 pm
Forum: Does anyone know?
Topic: Histamine v anti-histamine
Replies: 12
Views: 377

Re: Histamine v anti-histamine

If a medicine had no effect on the body's natural systems then it would be either a placebo or homeopathic. John Yes and no, antibiotics generally do have effects on the bodies system but they are side effects the purpose is to affect the bacteria. I had considered that, and to a similar extent you...
by Backache
September 9th, 2019, 5:03 pm
Forum: Does anyone know?
Topic: Histamine v anti-histamine
Replies: 12
Views: 377

Re: Histamine v anti-histamine

redsturgeon wrote:If a medicine had no effect on the body's natural systems then it would be either a placebo or homeopathic.

John

Yes and no, antibiotics generally do have effects on the bodies system but they are side effects the purpose is to affect the bacteria.
by Backache
September 9th, 2019, 2:29 pm
Forum: Does anyone know?
Topic: Histamine v anti-histamine
Replies: 12
Views: 377

Re: Histamine v anti-histamine

Virtually all medicines interfere with the bodies natural process and none are desirable if the body is functioning without problems. Histamine actually has many different actions in the body and although there is only one histamine there are more than one class of antihistamines. Which generally ac...
by Backache
August 30th, 2019, 12:25 pm
Forum: Investment Trusts and Unit Trusts
Topic: Lowland (LWI) share price decline
Replies: 16
Views: 1754

Re: Lowland (LWI) share price decline

I think Lowland as well as being domestically orientated has a higher exposure to UK small and medium sized companies which investors have been particularly bearish about with Brexit looming. If Brexit turns out better than expected you may bet a very good rebound if worse then the shares could suff...
by Backache
August 25th, 2019, 9:26 am
Forum: High Yield Shares & Strategies - general
Topic: How many IT's...
Replies: 29
Views: 1771

Re: How many IT's...

In practice, they would use the dividend reserve to manage dividends with a view to never having to reduce them and increasing them in line with expectations. There are a number of ITs in the FTSE 350 and you can look back and see how they coped with 2007-2008. For an investor purely interested in ...
by Backache
August 20th, 2019, 5:06 pm
Forum: High Yield Shares & Strategies - general
Topic: How many IT's...
Replies: 29
Views: 1771

Re: How many IT's...

Bankers IT is maybe a bit betwixt and between in terms of Income /Growth International /Domestic but it has a decent track record yields 2% and has low costs.
by Backache
June 29th, 2019, 2:24 pm
Forum: Investment Trusts and Unit Trusts
Topic: Reflections on Woodford
Replies: 18
Views: 3544

Re: Reflections on Woodford

I have not been caught in the Woodford debacle. A coup,e of points that you raise though. One is that my understanding is that for most ETF's there is little or no counterparty risk it is mainly the synthetic ones where the problem may arise,, though I don't use ETF's very much. The second is that y...
by Backache
June 22nd, 2019, 1:55 pm
Forum: Portfolio Management & Review
Topic: Portfolio Status - Next Steps
Replies: 7
Views: 997

Re: Portfolio Status - Next Steps

Thanks for the comment - any suggestions? Yell I guess it depends a bit where your preferences are whether to use IT's , passive funds or active OEIC's. In IT's I would think about generalists maybe Bankers, Brunner, F&C or Alliance Trust or adding to Murray International if you want more incom...
by Backache
June 21st, 2019, 8:42 pm
Forum: Portfolio Management & Review
Topic: Portfolio Status - Next Steps
Replies: 7
Views: 997

Re: Portfolio Status - Next Steps

I am nervous about converting any more cash this side of Brexit, and am currently looking at options for my next purchases. Personally I would question this tactic with your portfolio construction. Although I have opinions on Brexit I pretend no knowledge as to the outcomes or how well they have be...
by Backache
June 21st, 2019, 4:28 pm
Forum: Investment Trusts and Unit Trusts
Topic: What have I done?
Replies: 15
Views: 3405

Re: What have I done?

Liquidity of holdings is not a huge issue in investment trusts and shouldn't stop them trading .Woodford's patient capital trust is still trading despite having far less liquid investments than the open ended fund. What illiquid and unquoted investments can do is make the NAV a little more debatable...
by Backache
June 13th, 2019, 11:29 am
Forum: Investment Trusts and Unit Trusts
Topic: FEET Terrry Smith stops managing
Replies: 14
Views: 4748

Re: FEET Terrry Smith stops managing

JoyofBrex8889 wrote:With the discount widening, today was the day I bought back in.

Terry Smith must have seen your post, he bought 100,00 shares the following day. ;)
by Backache
June 4th, 2019, 11:47 am
Forum: Investment Trusts and Unit Trusts
Topic: Woodford Equity Income Fund Suspends Trading
Replies: 159
Views: 13678

Re: Woodford Equity Income Fund Suspends Trading

Must admit I see no virtue in buying into an open ended fund under pressure. As it is currently closed I don't see how you could anyway.
WPCT could be different as it has fallen much further again today.
by Backache
May 26th, 2019, 10:28 am
Forum: Investment Trusts and Unit Trusts
Topic: FEET Terrry Smith stops managing
Replies: 14
Views: 4748

FEET Terrry Smith stops managing

https://citywire.co.uk/wealth-manager/news/disappointed-terry-smith-says-sorry-and-admits-feet-needs-repair/a1231587?ref=wealth-manager-home2-list Be interesting to see the video of the AGM, he doesn't seem to be able to get his plans working here I'd be interested in hearing something a bit more in...
by Backache
May 18th, 2019, 3:51 pm
Forum: High Yield Shares & Strategies - general
Topic: Losing the faith - should I just sell and move to funds (Poor Performance / Renationalisation)
Replies: 156
Views: 8115

Re: Losing the faith - should I just sell and move to funds (Poor Performance / Renationalisation)

Firstly I would say don't be to dissapointed research has shown that the majority of fund managers do worse than the market and the majority of private investors do worse than fund managers recognising this and acknowledging that you haven't beaten the market is a huge plus and something many people...
by Backache
May 15th, 2019, 5:46 pm
Forum: How Do I Invest
Topic: LTI - Lindsell Train Investment Trust PLC - What's going on
Replies: 22
Views: 2192

Re: LTI - Lindsell Train Investment Trust PLC - What's going on

Lootman wrote: Try buying into Fidelity or Vanguard for instance - also both private and unquoted.

Pretty sure that Vanguard is mutually owned rather than private.
by Backache
April 19th, 2019, 4:32 pm
Forum: Investment Trusts and Unit Trusts
Topic: Fundsmith - Terry Smith commentary.
Replies: 74
Views: 10216

Re: Fundsmith - Terry Smith commentary.

Aren't the R class a legacy of reseller trail commission prior to RDR ? Very possibly. If you go to the Fundsmith site at https://www.fundsmith.co.uk/, it offers you the choice of investing into the T class Acc and T class Inc. Minimum amounts are £ 1000 as a lump sum or £ 100 per month. If you go ...
by Backache
April 17th, 2019, 6:45 am
Forum: Passive Investing
Topic: VanGuard Lifestrategy OCF query
Replies: 5
Views: 748

Re: VanGuard Lifestrategy OCF query

Hi that is my understanding though the language is rather opaque I'd agree.
by Backache
April 16th, 2019, 9:40 pm
Forum: Passive Investing
Topic: VanGuard Lifestrategy OCF query
Replies: 5
Views: 748

Re: VanGuard Lifestrategy OCF query

Sorry I've just realised that you said you couldn't see where the info was on the website, I misread as you couldn't find the web site.
The info of allocation of charges is in the prospectus. Look at page 50 for how it is allocated between the funds.

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