Legal & General Share Discussion Threads

[justiceforthemany] 01/11/2024 12:53

UK bond yields falling.

[spawny100] 01/11/2024 10:32

It will be cut to 4.15% next month alphorn.

[pierre oreilly] 01/11/2024 10:24

I like them too mcun, especially as I won a 50 grand prize last year. And the anticipation of this month's draw, available at 00:05 tomorrow. But it's gambling certainly, 100ks worth is a gamble of about 4k pa, or 333 quid per month. And no free drinks.

[mcunliffe1] 01/11/2024 09:46

Gecko: I like Prem. Bonds for several reasons. They are tax free, you need not declare them on a tax return. They are 100% safe. There's an element of fun in hoping you've won (I seem to be lucky and it's a rare month when I win nothing).

It is a good way to fund government borrowing - quite inexpensive I would think in administrative terms. I don't understand why they don't use the facility more (the govt. that is).

Tomorrow, my views may all change if I find I've NOT won anything. 😂

[pretax2] 01/11/2024 09:28

Poor Jeremy Clarkson having bought that VAST farm. No wonder he’s got the post budget blues.

[pretax2] 01/11/2024 09:22

I wonder what impact the changes to IHT have on life insurance within trust wrappers. I believe that proceeds are tax and IHT free. If so, the budget may be a boon for insurance companies.
I’m no expert on this though.

[spirito] 01/11/2024 08:49

The rules will change several times over the years and different governments so very difficult to second guess a long term strategy. Probs best to do a bit of everything. No advice given or implied - take your own professional advice. Best of luck.

[netcurtains] 01/11/2024 07:58

Come on son! Lets get this out in front...

Nearly time for the off...

Come on LGEN....

[jubberjim] 01/11/2024 06:35

'Saints Preserve Us'


Might be another fraught few days in lead up to US Elections but think the markets will move after the results are known whom so ever wins.

Have started preparing for a long cold winter and with that in mind have left a few bids on the table good until Guy Fawkes night when I full expect the doodoo to hit the fan regardless off the result.

Why all the agonizing over Inheritance Tax

It is what it is and by then we will be beyond caring.

Rachel Reeves had to do something time will tell whether she is/was right.

The dividends on offer here and elsewhere are mouthwatering .

But a lot can happen in the next 3/4 months and to me that is as long term I am willing to go at moment.

Hibernation is looking ever more attractive to this old 'Bear'

Have a good weeken everyone

[rongetsrich] 01/11/2024 06:06

Well said, yump.

[geckotheglorious] 31/10/2024 18:50

MCunliffe1
Post 6763
Freeports.
Ditch carbon capture. Invest in SMR's - fast.
Demand efficiency improvements as part of any additional NHS funding.
Six month cessation of stamp duty on UK stock purchases.
NI payment relief for new employees - for first year of employment.
Tax relief on pension contributions tapered as pot grows. Ceases when exceeds £x.

Amen to those.

Not so fussed about premium bonds tbh. Rather the Annual ISA limit was raised to £30k.

[geckotheglorious] 31/10/2024 18:47

Williamcooper104
Post 6750
Nasty sting on pensions being in the IHT net
If you die after 75 you get hit on IHT but your kids then get hit on income tax when they take money out of the pension. So makes it far more advantageous just to take an annuity

Far better to surely just go down the ISA route - max it out every year.
£20k a year for 35+ years = £700,000.
Dividends off ISA tax free, no income tax right.
No CGT off gains within the wrapper
Far less paperwork and the taxman can go do one.


When it comes to IHT that can be planned ahead for in most cases - 7 year rule and lifetime gifts to enable beneficiaries to pack out their ISA £20k annual limit.

[adejuk] 31/10/2024 15:42

yump
AI will never equal my iq
i have written more original books than most have read
Ai will never be able to do that unless it involves the crunching of huge numbers
i am at the end of my career and i may be proven wrong and will not know it
Ai will always produce originality when it comes to numbers
but qualitative analysis? i doubt it.

[fionascott1234] 31/10/2024 15:01

Question - does anyone remember the ftse being up at any t in the couple of days following a major budget delivery?Indexes down today all over the place.

[alphorn] 31/10/2024 14:54

A general observation about parliament?

Have rolled my December positions out to June fwiw.

[roguetraderuk] 31/10/2024 14:53

i dont think any of that shower on the front bench have been in business. the only knowledge they have is from textbooks lecturers and picket lines.

[ricardo montalban] 31/10/2024 14:50

U.K. gilt yields blowing out, another Liz Truss moment coming up, interested in these back at about 180 which is where I think they will get to as the U.K. heads down the U bend over the next six months.

[yump] 31/10/2024 14:28

I heard a shocking question this morning on TV. Someone wondered what proportion of our problems was caused by the Tories and what was caused by Brexit + Covid + Ukraine war.

Surely we don’t want to see facts and reality when we can just slag off the crowd we don’t like and slosh about in our own primitive ignorance?

As I said on another thread AI already exceeds human intelligence in many cases. The evidence is all around.

[yump] 31/10/2024 14:21

The likelihood of a stalled interest rate reduction seems high.

Eventually everyone will want to be a public servant of some sort, so you get a nice guaranteed pension, instead of having to manage one yourself, by scrabbling around the LGEN’s of thiw world to get a good income.

“Forget being an entrepreneur my son, just be a teacher or go and push a pen for a quango.” Or become a consultant, form an LLP, then you can pay yourself all sorts to minimise tax and NI.

[adejuk] 31/10/2024 14:17

tornado
let's bring back truss
that would make you happy
or ano 14 years of tory govt to make you happier

[dope007] 31/10/2024 14:07

Money is leaving the UK and that's it for now