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  • Tax

    My first year ISA results

    I have just done my profit a loss on My ISA Account and I am very happy lady this morning

    Money is now ring fenced from all UK Tax so it helps with S24

    Total portfolio

    <!-- Product detail view -->
    Valuation as at 24/04/2017 <!--//-->
    4,807.47 GBP
    Total return (excludes pension)
    as at 24/04/2017 <!--//-->
    +1,974.04 GBP
    This is not fantasy its reality not marketing just true figs with true returns Tax Free I cant see why I would invest further money in BTL
    The only argument would be for capital growth But as we have had very little in the North I see no point in buying
     

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    Learn Change and Adapt ?????

    Thats great DL you have chosen well

    shows what alternative investments can do in comparison to BTL

    BTL still for me though - comparison

    October 2016

    1 bed - 110K + 3% SDLT + 8K refurb + sols fees + survey etc = approx 13K so 123K spent

    Rental Income in 6 mths after service charges etc approx 4K

    Worth 150K now

    Paperwork and project managing for refurb say 1 week total 9- 5 from my study

    3 hours site visit

    I enjoyed getting the deal, planning the refurb , getting the tenant in etc

    Sorry but I just cant get motivated by Aberdeen Emerging Markets I`m afraid

    Net Profit if sold BTL today - would clear 25K

    will keep the asset though

    as in 15 years it will be maybe worth 300K and have provided about 135K income gross

    If you kept those pensions what would be the equivalent industry projection

    Why not do both DL- its a shame to not use all that BTL experience you have built up
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    Jonathan Clarke. https://www.buytoletmk.com

    I think its essential to be considering ISA`s and all types of investments and pensions as part of your financial plan.

    As part of a full financial review all of these options should be considered.

    At Optimum Independent Financial Advisers all of these things can be reviewed. No referrals to a central processing hub, no delays while you wait for someone to contact you and all done from the same office by the same team.

    I think its refreshing to see Landlords thinking a little outside the box and taking a more holistic view of their finances perhaps.

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    Mr Mark Alefounder

    Mortgage & Protection Broker

    Optimum Independent Financial Advisers

    Mobile 07716 647 928

    Tel: 01206 366700

    https://www.optimum-ifa.co.uk

    The financial regulator, the ‘Financial Conduct Authority’ designates that there are two different types of financial advisers, ‘independent’ and ‘restricted’. The status of an adviser firm will affect the type of advice that is given. A restricted adviser firm can only recommend certain products or product providers, whereas an independent adviser firm, such as Optimum, is able to consider and recommend all types of retail investment products and/or providers that could best meet clients needs and objectives. Optimum Independent Financial Advisers offers genuine unbiased and unrestricted advice.

    Your home may be repossessed if you do not keep up repayments on your mortgage.

    Optimum Independent Financial Advisers is authorised and regulated by the Financial Conduct Authority

    Financial Services Register Firm Reference Number (FRN): 223293

    © Copyright 2017 Optimum Independent Financial Advisers. All Rights Reserved

    I think in todays market you have to diversify

    Conceder every thing and take a bit of every thing

    I have enjoyed researching fund mangers  picking the right funds just like picking the right BTL Property is simmer

    You cant get it right 100% but over a period of time Most Top Fund Managers do well

    I am quite bold and I am happy to see Fund Prices fall and when I do I buy more

    Pound Cost averaging helps a lot

    Its not as hands on as BTL but I do enjoy it just as I have with BTL

    All Tax advantages need to be explored today its just part of business

    Now I have the hang of this I intend to spend more time and more cash on investments away from BTL

    Until I see signals from the Govt that they want us in the PRS

    Have a great day Mark


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    Learn Change and Adapt ?????

    You too!

    Careful in the snow! lol

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    Mr Mark Alefounder

    Mortgage & Protection Broker

    Optimum Independent Financial Advisers

    Mobile 07716 647 928

    Tel: 01206 366700

    https://www.optimum-ifa.co.uk

    The financial regulator, the ‘Financial Conduct Authority’ designates that there are two different types of financial advisers, ‘independent’ and ‘restricted’. The status of an adviser firm will affect the type of advice that is given. A restricted adviser firm can only recommend certain products or product providers, whereas an independent adviser firm, such as Optimum, is able to consider and recommend all types of retail investment products and/or providers that could best meet clients needs and objectives. Optimum Independent Financial Advisers offers genuine unbiased and unrestricted advice.

    Your home may be repossessed if you do not keep up repayments on your mortgage.

    Optimum Independent Financial Advisers is authorised and regulated by the Financial Conduct Authority

    Financial Services Register Firm Reference Number (FRN): 223293

    © Copyright 2017 Optimum Independent Financial Advisers. All Rights Reserved

    we had some yesterday but its just cold and sunny now lol x

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    Learn Change and Adapt ?????

    DL -  Have you tried trading shares ?

    I've just done a workshop with Marcus De Maria

    Chris

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    Hi Chris I haven't But I would be interested in doing so

    Have you had any success with direct shares

    Like to hear your views please

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    Learn Change and Adapt ?????

    I keep getting spammed by Marcus De Maria's people.  Are these workshops any good?  They seem to think I'm a prime candidate, and whilst I'm interested in trading, I have no experience and I'm very wary of some of these companies that say that they can help you make 'easy' money.  It's never that bloody easy in the real world, and the only people (generally) making it are those people from selling their workshops.

    Happy to have my mind changed though if you've had a good experience.

    Carol

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    I agree nothing is easy

    BTL Gurus are the same be a millionaire ths time next year

    Look at what I have achieved ect ect  there all sales men and women

    if they were that good why are they up there charging fees

    them that do DO them that don't Teach

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    Learn Change and Adapt ?????

    Some great books to get you started are Peter Lynch's.  Beating the Street, etc.

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