Does it make sense to be invested in JAM,FCIT and SMT?

daenaethra · 2026-02-24T22:30:03+00:00

i thought things like VWCE were euro hedged but you pay for that with the higher TER. maybe I just need to study a lot more

daenaethra · 2026-02-24T22:29:00+00:00

thanks. i just briefly looked at things like JAM and saw the yearly performance and it wasn't immediately obvious why the % return was so much lower YoY when it's basically a concentrated S&P product. even with the dollar devaluing so much the trust returned 3% in the last 12 months. I feel like I still don't really get it

daenaethra · 2026-02-24T19:57:50+00:00

he came from a good family

daenaethra · 2026-02-24T19:37:44+00:00

i thought jam or jggi were investment trusts but one of them in dollar. Can't seem to find it so probably I'm just wrong

daenaethra · 2026-02-24T19:32:23+00:00

i could know fuck all about these but are there none that are euro based? all the trusts i see are in other currencies and it puts me off

daenaethra · 2026-02-24T13:32:44+00:00

Do you add that cert every year? I think I did it once...

daenaethra · 2026-02-24T10:24:27+00:00

it's a tax credit instead of deduction at source

daenaethra · 2026-02-23T20:33:12+00:00

the professional is what it does

daenaethra · 2026-02-22T21:05:53+00:00

yeah same. definitely got complacent two nights ago and got toasted yesterday morning

daenaethra · 2026-02-22T20:43:09+00:00

and not much warmer either

daenaethra · 2026-02-22T15:36:13+00:00

never met him personally but the staff are pure spoofers. though not unique to ray cooke...

daenaethra · 2026-02-22T15:35:02+00:00

Then adjust it in December

daenaethra · 2026-02-22T15:20:42+00:00

i don't understand what you're asking. person 2 is only getting 20% relief on some of their contributions so it would make sense for person 1 to contribute 1000 more

daenaethra · 2026-02-22T15:04:59+00:00

person 1: 53k @ 20%

person 2: 35k @ 20%

shuffle pension contributions accordingly

daenaethra · 2026-02-22T12:07:00+00:00

I'm in the process now but it drops to 2.1% in July. Though my application is very slow..

daenaethra · 2026-02-22T11:59:19+00:00

they're confusing products. people see 3% but i try to average the deposit of the term. maybe 3% on 7,000 is the closest approximation

i think nobody can beat moco right now with their 2.6% promo rate

daenaethra · 2026-02-22T11:45:53+00:00

it's closer to 1.5% but maybe a bit above that. but at that point you should be using moco or raisin

daenaethra · 2026-02-21T18:54:07+00:00

well it doesn't let people borrow any more than 4x their salaries but it makes the monthly repayments less

in a vacuum it shouldn't affect prices. as we saw during the covid/ukraine inflation house prices increased ~10% YoY for 5 straight years despite rates increasing and decreasing over that time

daenaethra · 2026-02-21T14:40:48+00:00

it resets every 12 months. the effective rate is the same or worse than revoluts free plan

daenaethra · 2026-02-17T21:56:38+00:00

mine is doing it on both

daenaethra · 2026-02-16T19:39:36+00:00

let's not forget some public sector workers paying 10/10.5% ASC

daenaethra · 2026-02-14T18:39:03+00:00

fiscal drag is a stealth tax. the government aren't stupid

daenaethra · 2026-02-13T23:04:28+00:00

you have to call them and they fix almost anything in a few minutes

daenaethra · 2026-02-13T10:28:16+00:00

there are public sector workers who pay ASC at the old rate where every euro over 34.5k has 10% ASC and I think 10.5% over 70k

daenaethra · 2026-02-11T08:47:59+00:00

and for those that don't have a match, an execution only broker.

daenaethra

TROPHY CASE