The Lemon Fool

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a portfolio - of about 30 ETF's and IT's , mostly growth and mid yielders , and about 30 stocks , some for speculative growth, all in ISA's.

ETF's

VUKE UK
VMID UK
IHCU health
HMEF far east
HMJP japan
VUSA USA
VFEM emerging

IT's

BGUK UK
CTY UK
DIG UK
FGT UK
HSL UK
MRC UK
MUT UK
ATST global
MYI global
SMT global
SSON global
BNKR global
EWI global
FCIT global
MONKS global
MWY global
BGCG china
BGEU europe
USA USA
PHI far east
BGFD japan
BRWM miners
WWH health


SOLID HISTORICAL STOCKS

ag barr
breedon
computacenter
craneware
fuller smith turner
greggs
H&T
halfords
hiscox
j.matthey
loungers
nichols
ramsdens
RWS
somero
volex
watkin jones



SPECULATIVE GROWTH STOCKS

calnex
ceres power
cohort
eckoh
flowtech fluidpwr
games workshop
harworth
next fifteen
nexus
OMG
quartix
sigmaroc
synairgen


probably needs some reductions by merging similar IT's

dividends are allowed to build up , then reinvested.

a cash buffer of around 10k kept in a current account , if too low , something is sold.

jackdaww wrote:a portfolio - of about 30 ETF's and IT's , mostly growth and mid yielders , and about 30 stocks , some for speculative growth, all in ISA's.

I hold three of these.

So, what is this portfolio for?
Are you pot building? Or retired and drawing an income? I assume the former.

V8

88V8 wrote:

jackdaww wrote:a portfolio - of about 30 ETF's and IT's , mostly growth and mid yielders , and about 30 stocks , some for speculative growth, all in ISA's.

I hold three of these.

So, what is this portfolio for?
Are you pot building? Or retired and drawing an income? I assume the former.

V8

=============================

i am well into retirement now , recently started to sell down when the cash buffer gets low.

but this doesnt preclude building the pot , via dividends and growth ,which continues .

jackdaww wrote:

88V8 wrote:So, what is this portfolio for?
Are you pot building? Or retired and drawing an income? I assume the former.

I am well into retirement now , recently started to sell down when the cash buffer gets low.
but this doesn't preclude building the pot , via dividends and growth ,which continues .

Ahh, a live forever portfolio.
Well, it's good to be an optimist

V8

88V8 wrote:

jackdaww wrote:

88V8 wrote:So, what is this portfolio for?
Are you pot building? Or retired and drawing an income? I assume the former.

I am well into retirement now , recently started to sell down when the cash buffer gets low.
but this doesn't preclude building the pot , via dividends and growth ,which continues .

Ahh, a live forever portfolio.
Well, it's good to be an optimist

V8

====================================

no, the ongoing pot building will benefit the recipients of my estate .

.

jackdaww wrote:

88V8 wrote:

jackdaww wrote:I am well into retirement now , recently started to sell down when the cash buffer gets low.
but this doesn't preclude building the pot , via dividends and growth ,which continues .

Ahh, a live forever portfolio.
Well, it's good to be an optimist

V8

====================================

no, the ongoing pot building will benefit the recipients of my estate .

.

With respect to jackdaww (and I suspect we are about the same stage in life) I no longer deliberately 'pot build' by adding surplus income. What is the point in that at our age? We do not need the money and leaving it in one's estate, maybe to grow, is handing only 60% or so to one's heirs and the other 40% to HMRC. I prefer to give away surplus income to grandchildren for birthdays and Christmas and to my chosen charities whilst I am still here. So far it has been well withing the limits for gifts (and anyway anyone can show it is from my income.)

This tendency is evident with one or two other 'oldies' as well I notice and I do not understand why. I have no desire to be one of the richer people in the graveyard.

Dod

Dod101 wrote:

jackdaww wrote:

88V8 wrote:Ahh, a live forever portfolio.
Well, it's good to be an optimist

V8

====================================

no, the ongoing pot building will benefit the recipients of my estate .

.

With respect to jackdaww (and I suspect we are about the same stage in life) I no longer deliberately 'pot build' by adding surplus income. What is the point in that at our age? We do not need the money and leaving it in one's estate, maybe to grow, is handing only 60% or so to one's heirs and the other 40% to HMRC. I prefer to give away surplus income to grandchildren for birthdays and Christmas and to my chosen charities whilst I am still here. So far it has been well withing the limits for gifts (and anyway anyone can show it is from my income.)

This tendency is evident with one or two other 'oldies' as well I notice and I do not understand why. I have no desire to be one of the richer people in the graveyard.

Dod

=================================

yes , but the ongoing pot building will also enable me to give away more .

all other things equal , what is the point of NOT pot building ?

jackdaww wrote:

Dod101 wrote:

jackdaww wrote:====================================

no, the ongoing pot building will benefit the recipients of my estate .

.

With respect to jackdaww (and I suspect we are about the same stage in life) I no longer deliberately 'pot build' by adding surplus income. What is the point in that at our age? We do not need the money and leaving it in one's estate, maybe to grow, is handing only 60% or so to one's heirs and the other 40% to HMRC. I prefer to give away surplus income to grandchildren for birthdays and Christmas and to my chosen charities whilst I am still here. So far it has been well withing the limits for gifts (and anyway anyone can show it is from my income.)

This tendency is evident with one or two other 'oldies' as well I notice and I do not understand why. I have no desire to be one of the richer people in the graveyard.

Dod

=================================

yes , but the ongoing pot building will also enable me to give away more .

all other things equal , what is the point of NOT pot building ?

Well I thought I had answered that.

1) To benefit my grandchildren and chosen charities now. It is value in today's money not in devalued currency in hopefully a few year's time. At least some (I have five) of my grandchildren have got good sized investment funds now and I prefer the funds to be growing in their name rather than in mine.

2) To avoid handing up to 40% of these gifts to HMRC at the time of my death.

Dod

This discussion reminds me of the card sent out a many years ago by (I think) HL to their clients trying to drum up some inheritance tax planning business.

Others here will probably have received it. Made me snigger anyway and it got the point across!

IHT ...? careful, that's almost a four letter swear word !

Mike4 wrote:This discussion reminds me of the card sent out a many years ago by (I think) HL to their clients trying to drum up some inheritance tax planning business.

Others here will probably have received it. Made me snigger anyway and it got the point across!