I use an approach very similar to the AssetMix portfolio to dial down the US and allocate into bonds and defensive stocks. Have also added some gold (10% of overall portfolio) as am hearing a lot about the structural reasons for the price performance recently and the expectations this will continue moving up in future. Thanks for the great info as always Ramin. Would really appreciate if you wanted to make another video with your take on where gold and other commodities may be headed later 24/early 25.
Hi @blumousey I've spoken to a few and the banal reason is that they have to pay for data feeds to show prices and this is quite expensive. So to justify it they have to have a certain amount of interest. While rates were low there wasn't enough interest but now there is. Thanks, Ramin.
On the FSCS site the distinction between a Platform going bust and the investments is not really clear i.e are you covered 85k for both. Vanguard does say it ring fences funds, but it is difficult to find that info for others e.g. Halifax. I also read that a platform as your nominee, is actually the legal owner of the shares/investments? Also, if the funds are indeed covered (as well as the Platform), is it only UK domaine funds and not Ireland/ IOM etc. It would be good if the FSCS was absolutely clear about this. I don’t want to find out the hard way.
Not according to the Institute for Fiscal Studies ifs.org.uk/taxlab/taxlab-key-questions/how-do-uk-tax-revenues-compare-internationally: "The average tax rate (incorporating income tax and social security contributions (SSC)) on median full-time earnings in the UK was 28% in 2016-17 (the year for which this analysis was undertaken). This is much lower than it would have been under the tax systems of the other countries shown in the chart, for which the average was 44%. Some of this difference is accounted for by income tax, but most of it reflects lower SSCs paid by employers on their employees’ salaries; there was very little difference in the SSCs paid directly by employees. Since 2016-17, the income tax personal allowance has been increased more quickly than inflation, which will have further reduced income tax payments at median earnings in the UK. By contrast, the UK average tax rate on a top earner in 2016-17 was 51%. This was still less than the 55% average amongst higher-tax European countries, but the gap was much smaller than for median earners. Indeed, the average tax rate of top earners in the UK was higher than in a number of countries that had a higher tax burden overall, such as Germany and Italy."
Why do you not put your podcast on RUclips?
Michael might be camera shy
@ousefk5476 put audio only and an image or something
Hi @chriswood6333 in fact we're planning to do this. Thanks, Ramin
Ramin I really loved your comments about analysts. You’re so right on that one - yet it’s so easy to get sucked in by them - I know I have.
So pleased you enjoyed them @hproberts
What about on EToro in so much as copy trading? Obviously they are making money from sharing their trades
I use an approach very similar to the AssetMix portfolio to dial down the US and allocate into bonds and defensive stocks. Have also added some gold (10% of overall portfolio) as am hearing a lot about the structural reasons for the price performance recently and the expectations this will continue moving up in future.
Thanks for the great info as always Ramin. Would really appreciate if you wanted to make another video with your take on where gold and other commodities may be headed later 24/early 25.
Hi Ramin! Why don’t you publish the periodic series on the performance of your momentum portfolio anymore? Will it come back ? Thanks!
Hi @mf2825 I don't track that strategy any longer I'm afraid. Thanks, Ramin.
As usual excellent
Glad you think so @darrendjc1
Why aren't I surprised the Dutch life plan has half the UK charges
Dutch lives matter!
Dutch 1ives matter!
Hi @simonnicholls3650 it is annoying isn't it? Thanks, Ramin
Rinsed at every opportunity
I love your content. Thank you 🙏🏼
You are so welcome @barkingdadprofessionaldogw2371
Thanks!
Thank you @willjones8591 much appreciated! Ramin
I suppose it's possible that a lack of a direct gilt-buying platform is due to lobbying from the finance industry to keep their fees rolling in?
Hi @blumousey I've spoken to a few and the banal reason is that they have to pay for data feeds to show prices and this is quite expensive. So to justify it they have to have a certain amount of interest. While rates were low there wasn't enough interest but now there is. Thanks, Ramin.
On the FSCS site the distinction between a Platform going bust and the investments is not really clear i.e are you covered 85k for both. Vanguard does say it ring fences funds, but it is difficult to find that info for others e.g. Halifax. I also read that a platform as your nominee, is actually the legal owner of the shares/investments?
Also, if the funds are indeed covered (as well as the Platform), is it only UK domaine funds and not Ireland/ IOM etc.
It would be good if the FSCS was absolutely clear about this. I don’t want to find out the hard way.
Excellent content as usual... 👍
Thanks again @polmacdiarmada
Don't forget to Smash the LIKE Button.
Hey ramin, is that portfolio critique open to usa investors?
Yes it is
@@Pensioncraft thank you for the response. Sounds good.
I like finance pundits not for their opinions but their content is littered with facts and data.
Hi @badkeiser I'm proud to say that my content is a landfill's-worth of facts and data 8-) Thanks, Ramin.
The U.K. you pay a lot of tax... so not sure why you say otherwise Ramin 🤔
Not according to the Institute for Fiscal Studies ifs.org.uk/taxlab/taxlab-key-questions/how-do-uk-tax-revenues-compare-internationally:
"The average tax rate (incorporating income tax and social security contributions (SSC)) on median full-time earnings in the UK was 28% in 2016-17 (the year for which this analysis was undertaken). This is much lower than it would have been under the tax systems of the other countries shown in the chart, for which the average was 44%. Some of this difference is accounted for by income tax, but most of it reflects lower SSCs paid by employers on their employees’ salaries; there was very little difference in the SSCs paid directly by employees. Since 2016-17, the income tax personal allowance has been increased more quickly than inflation, which will have further reduced income tax payments at median earnings in the UK. By contrast, the UK average tax rate on a top earner in 2016-17 was 51%. This was still less than the 55% average amongst higher-tax European countries, but the gap was much smaller than for median earners. Indeed, the average tax rate of top earners in the UK was higher than in a number of countries that had a higher tax burden overall, such as Germany and Italy."