a practical investment strategy.

[jackdaww]

i maintain an investment pot (POT) and hold a cash BUFFER in a current account .

the objective is to increase the value of the POT .

if i need cash , i use the buffer , or sell down from the POT , i have no need for regular "income" .

the POT holds individual shares , investment trusts, (IT's) and some trackers (ETF's) , chosen for best total returns

my individual shares are UK listed

eg. glaxo , IMB , BHP , RDSB , LGEN , MONY , CCC , GAW , greggs , close , sage .

IT's cover the UK , america , europe, japan, far east , for growth, yield and themes , there are lots to choose from .

eg CTY , MUT , DIG , USA , MNKS, SMT, FCIT, SOI , DGN , PHI , ATST , MYI , BNKR , BIOG , BSIF , JLEN , VUKE.

ETF's cover the UK and global markets , at very low cost and no stamp duty payable.

eg VUKE , VUSA , VFEM VEVE , VRWL , HMWO , HMAF , ROBG .

abbreviations used for simplicity .

i expect many use similar systems .

[AleisterCrowley]

VUKE appears twice (just a typo as I'm sure you know what it is)

[swill453]

i maintain an investment pot (POT) and hold a cash BUFFER in a current account .

the objective is to increase the value of the POT .

if i need cash , i use the buffer , or sell down from the POT , i have no need for regular "income" .

You don't say how cash gets into the buffer. Do all your dividends go there?

Scott.

[jackdaww]

i maintain an investment pot (POT) and hold a cash BUFFER in a current account .

the objective is to increase the value of the POT .

if i need cash , i use the buffer , or sell down from the POT , i have no need for regular "income" .

You don't say how cash gets into the buffer. Do all your dividends go there?

Scott.

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

our state pensions go into the buffer - our current account

dividends go into the pot , which is an ISA .

any further cash needs are met by selling shares etc - the proceeds go to the current account - the buffer .

[swill453]

our state pensions go into the buffer - our current account

Ah, so when you said you have no need for a regular income, it's because you've got a, er, regular income

Scott.

[jackdaww]

our state pensions go into the buffer - our current account

Ah, so when you said you have no need for a regular income, it's because you've got a, er, regular income

Scott.

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

yes, like many people in the UK i get the state pension.

but do i need it ? perhaps it depends on the size of the pot .

but what point are you making ?

[Urbandreamer]

Possibly the question should be what point were you making?

Not everybody does get state pension. I am SURE that most people over 65 don't get a "full" state pension, though it may be getting better.

Re state pension, many women (half the population) don't have full entitlement. That ignores self employed who paid the cheap stamp, or didn't have the option of paying the better stamp at the time. Until 1975 class 1, WAS a stamp. I can't find out when class 4 (which gives pension entitlement to the self employed was introduced). Then there are those women who were assumed not to work and given a fraction of their husbands pension (If they remained with him and paid the STAMP until 1977), yes that is/was the law for some.

However ignoring anything to do with state pension or if "most" is true regarding state pension, simply talking investment, what was your point?

Was it "just do it"? I could agree with that, but feel it's unclear that was what you were saying, or had another point / idea.

[jackdaww]

Possibly the question should be what point were you making?

However ignoring anything to do with state pension or if "most" is true regarding state pension, simply talking investment, what was your point?

Was it "just do it"? I could agree with that, but feel it's unclear that was what you were saying, or had another point / idea.

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

i am not making any point , i am sharing what i do .

[swill453]

but what point are you making ?

Just trying to get a handle on things. We have a cash buffer that we use for all spending, but it's purely funded by dividends from our SIPP/ISA pots*. No state pensions for a few years yet.

* - plus cash interest and premium bond prizes.

Scott.

[jackdaww]

but what point are you making ?

Just trying to get a handle on things. We have a cash buffer that we use for all spending, but it's purely funded by dividends from our SIPP/ISA pots*. No state pensions for a few years yet.

* - plus cash interest and premium bond prizes.

Scott.

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

yes , i forgot to mention the premium bond prize.

[Urbandreamer]

i am not making any point , i am sharing what i do .

I didn't read your post as what you do.

IT's cover the UK , america , europe, japan, far east , for growth, yield and themes , there are lots to choose from .

eg CTY , MUT , DIG , USA , MNKS, SMT, FCIT, SOI , DGN , PHI , ATST , MYI , BNKR , BIOG , BSIF , JLEN , VUKE.

ETF's cover the UK and global markets , at very low cost and no stamp duty payable.

eg VUKE , VUSA , VFEM VEVE , VRWL , HMWO , HMAF , ROBG .

That doesn't claim that you do the above. Rather that you have the option of doing the above!


Ok you do list the shares that you hold.
FWIW
I have cash in both a current account and broker accounts.
I also hold:
CINE,AV,BAB,SLA,SSE,ULVR,RCDO,RDSB,SNR,KMK,DGE,KWS,RIO,RNWH,AZN,MGNS,HILS

But the bulk is elsewhere.
ie IT's, there are many to choose from............
There are ETFS..........
Still more unit trust ..........
Sure I could list the ones I hold, but you never claimed to hold the ones you listed. Or "do" with respect to them.

[bluedonkey]

Just pointing out that it's Class 2 NI rather than Class 4 that counts towards State pension entitlement for the self employed. Class 4 NI confers no benefit at all other than the joy of contributing to the State's coffers.

[jackdaww]

Just pointing out that it's Class 2 NI rather than Class 4 that counts towards State pension entitlement for the self employed. Class 4 NI confers no benefit at all other than the joy of contributing to the State's coffers.

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

yes , thanks.

i didnt envisage my post would trigger a discussion on the state pension though ...

[jackdaww]

i am not making any point , i am sharing what i do .

I didn't read your post as what you do.

IT's cover the UK , america , europe, japan, far east , for growth, yield and themes , there are lots to choose from .

eg CTY , MUT , DIG , USA , MNKS, SMT, FCIT, SOI , DGN , PHI , ATST , MYI , BNKR , BIOG , BSIF , JLEN , VUKE.

ETF's cover the UK and global markets , at very low cost and no stamp duty payable.

eg VUKE , VUSA , VFEM VEVE , VRWL , HMWO , HMAF , ROBG .

That doesn't claim that you do the above. Rather that you have the option of doing the above!


Ok you do list the shares that you hold.
FWIW
I have cash in both a current account and broker accounts.
I also hold:
CINE,AV,BAB,SLA,SSE,ULVR,RCDO,RDSB,SNR,KMK,DGE,KWS,RIO,RNWH,AZN,MGNS,HILS

But the bulk is elsewhere.
ie IT's, there are many to choose from............
There are ETFS..........
Still more unit trust ..........
Sure I could list the ones I hold, but you never claimed to hold the ones you listed. Or "do" with respect to them.

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

i gave a list of examples , most of which i do hold.

i havnt listed my entire portfolio , which is changing nowadays away from individual shares to IT's. but still planning to hold some shares.

[Hariseldon58]

@Jackdaww

I suspect that posters were just trying to draw you upon more details of the portfolio, what proportion that you allocate to individual shares, investment trusts and ETFs for example.

I hold a simple investment portfolio, some NS&I, cash and US treasury bond ETFS and fairly blasé about where the spending comes from.

The implication from your post is that you are predominantly in equities with only a small cash buffer, do you have a fixed ratio or is it a set cash amount ?

[jackdaww]

@Jackdaww

I suspect that posters were just trying to draw you upon more details of the portfolio, what proportion that you allocate to individual shares, investment trusts and ETFs for example.

I hold a simple investment portfolio, some NS&I, cash and US treasury bond ETFS and fairly blasé about where the spending comes from.

The implication from your post is that you are predominantly in equities with only a small cash buffer, do you have a fixed ratio or is it a set cash amount ?

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

i am mostly in a wide range of equities .

the buffer has a set amount .

the last time i looked it was around £10k.

i will post the full portfolio constituents here when its settled down a bit .

[Hariseldon58]

I must admit I favour a much larger cash/bond allocation as the present conditions are not exactly stable, be interested to see further details of the portfolio.