Dod101 wrote:Well I am fully invested in respect of the funds I have allocated for investment. The four years of expenditure is actually a deliberate allocation in N S & I Index linkers, asset management if you like. They are to my mind too valuable to sell and the reason it is so much is that the income from them is simply rolling up and has been doing for the last 20 years or so. It is not really a float, or a buffer but would be that if Armageddon really did strike.
Dod
I have quite a chunk in those as well and I see from the annual statement for one of them, just received, that the index linked return for the past year was 3.03% plus 0.01% interest. As they mature now, however, if renewed the return switches to C.P.I. which I think is currently only at the rate of 1.9%. Will you continue to renew and hold on this basis?
I also have a reasonably large sum in a cash ISA which I had intended to transfer to an equity ISA when its 5% guaranteed interest rate came to an end but in view of the performance of my II ISA which contains my past few years' ISA subscriptions, I am rather glad I didn't. A lousy return is better than losing the capital.