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I currently don't have an ISA or a pension but I do have a place to live that's almost all mine.
Your eggs bro - look at the one basket they be in.
Stocks and Shares ISAs are great ways to put your eggs in different baskets easily and cheaply. You don't have to be a guru - Nutmeg will do it for you but charge you a tiny bit for the ease.
If you lost it all - or even a really significant bit of the return - you'd probably have more to worry about like not having a job, empty supermarkets and the riots on the streets.
But yeah I get ya it's way too easy to put that shit off in a rising property market combined with good take home pay.
Howard-
Smart people are taking about Nutmeg, I best look it up.
I'm staying put for at least 2 years so going to go for another 2 year fixed over about 30 years. Repayments will be super low, chump change, but I will put money aside to overpay by the end of the term in one lump some, if I use an ISA I should bar able to get a few extra quid in total.
Sounds sound? Right?
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Your eggs bro - look at the one basket they be in.
Not quite. I also have cash. It's just not "doing" anything.
I looked into S&S ISA ages ago but never got anything off the ground other than a bank one. It matured and I never bothered to add more to it or whatever. Was also looking at http://www.fidelity.co.uk fund years ago but was distracted by house buying.
Threw some money at forum software a while back but the bossman fucked it all off on coke and hookers... ;)
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Can limited companies take advantage of pensions somehow? ie. company matching employee contributions to reduce tax?
chrisbmx116
hippy
I currently don't have an ISA or a pension but I do have a place to live that's almost all mine. I know I should sort out the money side but I'm putting it off because I'm an idiot.
But you're echoing what I said in my original post - if you're a guru investor, you MIGHT make better money investing than what you'd save on the mortgage but then again you might not and at least I know I'm saving on interest so it's still money in the bank for me rather than someone else.