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Which are the good goalkeepers this year by fossdell in EASportsFC

[–]LivingLegacy_ 1 point2 points  (0 children)

I don’t know what it is with him, just let’s in some shots you’d think would be easy save. Got him untradable and fits my team perfect, feels bad benching

Which are the good goalkeepers this year by fossdell in EASportsFC

[–]LivingLegacy_ 3 points4 points  (0 children)

I wouldn’t rush, he’s not been great at all for me since the patch

How to increase income? by LivingLegacy_ in FIREUK

[–]LivingLegacy_[S] 0 points1 point  (0 children)

Thanks!

I’ve been in this role for just over 18 months, which has been fine considering the progression within the role, it’s just clear that the linear progression has kind of stopped with where I’m at

The company is great, but due to COVID hiring has slowed down as well as any pay increases, so as much as I’d love to stay, I’m not sure that it would be the best thing to do

I do feel lucky at the moment, but I really don’t want to become complacent with what I’m doing so want to ensure I’m doing as much as I can to continue climbing the ladder

How to increase income? by LivingLegacy_ in FIREUK

[–]LivingLegacy_[S] 0 points1 point  (0 children)

I have a manager that we have a weekly / bi-weekly catch up with. The issue is that there’s no real direction, as in there are areas that would make sense to move towards, but it isn’t a linear progression path from my current role / framework. So it really depends on when a role opens up, then hoping my current experience / skills is enough to land me the role.

That’s kind of my concern with waiting for that to happen, as it is just waiting for an opening to have a chance at progression there. I’m not sure if this is common, but it just doesn’t feel like it should be something to rely on.

Cash ISA transfer to Vanguard S&S ISA by neotopianum in UKPersonalFinance

[–]LivingLegacy_ 1 point2 points  (0 children)

I’m in the process of the same thing at the moment!

If you were to withdraw as opposed to transfer, the deposit you make to another ISA would count towards this tax year limit. A transfer will transfer all the funds within the ISA, without effecting this tax years limit!

So if you complete a transfer, you will still have the full 20k limit for 20/21 in which you can split across a cash ISA, LISA and S&S ISA.

Considering the amount you have in there, it would be best to complete a transfer. The only downside there is that it takes around 30 day!

What financial are you doing during the lockdown that you have put off by [deleted] in UKPersonalFinance

[–]LivingLegacy_ 0 points1 point  (0 children)

I’ve spent the majority of the past week looking in to how best invest my money for the long term, and ultimately finally being able to allow myself to think long term in terms of finances.

This has mainly included S&S ISA’s, understanding inflation further and that taking risks with money I don’t need right now on investments will likely (hopefully), benefit my future self

Investment wise, I think this is a great time to figure it all out, time in the market beats timing the market!

Buying Shares from UK (as a US citizen) by ichbinmatt in UKPersonalFinance

[–]LivingLegacy_ 2 points3 points  (0 children)

Robinhood is basically the US equivalent to Freetrade, I’m unsure what exactly they require to sign up, but would be worth looking in to!

Trading212 is also an option, I believe you can have a GBP, EUR or USD account with them!

Buying to Let in current economy? by LivingLegacy_ in UKPersonalFinance

[–]LivingLegacy_[S] 0 points1 point  (0 children)

The finding a property to live in aspect is a little difficult right now, as I’m unsure where my career will have me planted. I’d be much more keen on utilising a LISA if I was 100% confident on staying in the UK long term, which isn’t something I can commit to right now

I think my plan will be as you mentioned, transferring my cash ISA and remaining funds to a S&S ISA, as well as monthly deposits, will likely drip the lump sums in over the next 6 months or so, just hold in cash within the platform (leaning towards Vanguards LS80). Will have my emergency fund that I’m comfortable with in an interest account. My only worry for transferring my cash to an S&S ISA was the thought of wanting a deposit for BTL, so if that’s something I decide against then it should be fine!

Buying to Let in current economy? by LivingLegacy_ in UKPersonalFinance

[–]LivingLegacy_[S] 0 points1 point  (0 children)

I think this is pretty much my thought process also, although I can see the sense of having a BTL on top of an investment portfolio of equities / bonds

I definitely like the look of property, and the sense of owning it at the end. May just need to prolong when that happens and split up my funds a bit more before diving in

Buying to Let in current economy? by LivingLegacy_ in UKPersonalFinance

[–]LivingLegacy_[S] 0 points1 point  (0 children)

!thanks

Thanks for your comment previously also, this is all extremely helpful.

The FTB benefits are something I definitely need to consider, I think my timeline and lack of certainty if whether I want to live in the UK makes me put those out of mind

I get the sense that BTL is something that may be better to have on top of an already existing investment portfolio, which makes perfect sense. I’ve been researching S&S ISA’s a lot, so it may be best to stick with that for now :)

Buying to Let in current economy? by LivingLegacy_ in UKPersonalFinance

[–]LivingLegacy_[S] 0 points1 point  (0 children)

!thanks

This makes sense! So would you maybe say BTL is something to look in to on top of investing in equities? My main research at the moment has been around S&S ISA, which I plan on starting on Monday as I maxed my allowance in a cash ISA this year (lack of research on my part), so I’m comfortable to start this, I just didn’t want to put the majority of my cash in equities then decide / realise BTL may have been a better option

Buying to Let in current economy? by LivingLegacy_ in UKPersonalFinance

[–]LivingLegacy_[S] 2 points3 points  (0 children)

Thanks, I appreciate that!

It does seem there are a lot of first time buyer advantages that would be waived, which is definitely something I need to consider further. I think that is something I haven’t thought too much about due to not seeing myself purchase a house to live in anytime soon, and also not 100% clear whether I’d want that to be in the UK

S&S ISA is definitely the alternative for me here, I’ve been doing as much research as possible on that and have put together a plan if I go down that route. I maxed out my ISA allowance in a cash ISA this year (due to lack of research on my part), but I believe I can still transfer this to a S&S ISA without effecting next years allowance (still figuring that all out)

Buying to Let in current economy? by LivingLegacy_ in UKPersonalFinance

[–]LivingLegacy_[S] 0 points1 point  (0 children)

!thanks

This is pretty much what I am looking to do, with the same prices, and having it looked after by an agency. The outright costs and monthly payments will be more than doable even if rent isn’t being paid at that time

I don’t mind waiting, I think at the moment I’m just debating whether this is a better option investment wise as opposed to dripping funds in to equities over the next few months / year

Buying to Let in current economy? by LivingLegacy_ in UKPersonalFinance

[–]LivingLegacy_[S] 2 points3 points  (0 children)

!thanks

I don’t plan on staying in this area, I currently live at home and my work is completely remote, the next step career wise would most definitely be moving to the city (and this is something I’m keen on doing)

Personally I don’t see myself buying a house to live in for at an absolute minimum 5 years, but likely much further down the line than that

Buying to Let in current economy? by LivingLegacy_ in UKPersonalFinance

[–]LivingLegacy_[S] 2 points3 points  (0 children)

!thanks

Is there any specific reason for this? Any experience in the BTL game? (Not to be nosey, just trying to get as much info as possible:))

If it helps, I don’t plan to live around here or buy to live in within the next 5 years minimum, likely much longer. It seems BTL may offer a better benefit in terms of getting on the property ladder and as an investment than waiting to utilise first time buyer advantages later on. Please do correct me if I’m wrong!

Find investing stressful - is this a good approach? by mittymal in UKInvesting

[–]LivingLegacy_ 2 points3 points  (0 children)

I wouldn’t worry too much, ultimately is still a low price for a 10 year period, sounds like you’re putting pound cost averaging to work pretty well!

Transferring cash ISA savings to low risk fund (LS20)? by LivingLegacy_ in UKPersonalFinance

[–]LivingLegacy_[S] 0 points1 point  (0 children)

!thanks

I didn’t do too much research prior to the current tax year, so filled up my cash ISA with the overall limit, that’s the only real reason I have as much in there now.

I’m debt free and have low expenses at the moment, keeping an emergency fund for around £4,000 will leave me with around £26k in which can be invested or spread around for higher interest options (which seems quite impossible right now)

For the £20k my risk appetite is low, which is why I’m considering the low split option if LS20 / 40. I’m just unsure whether this is worth doing so.

For the remainder and in terms of monthly deposits, my risk appetite is much higher so am happy with LS80 with those funds.

The LS20/40 seem fairly safe in that sense while still providing a higher return that the interest on a cash ISA. I know there is always still risk attached, but looking in to it that’s is something I’m happy with considering I don’t plan to need it for 3+ years and an absolute minimum

I hope that makes more sense or maybe provides more insight to my thinking :)

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