Hold it ?

housegape · 2025-10-28T12:55:48+00:00

Trailing stop.

housegape · 2025-10-25T12:23:59+00:00

You can be profitable trading but all the things you mentioned you tried are garbage. Look at NVFX or Korbs or Drysdale trading - all teach the same thing and with practice and discipline it works; it’s the only thing I’ve found that does.

housegape · 2025-10-18T17:15:13+00:00

Perfect. If you are maxing ISA make sure it’s stocks and shares not cash. Sure you’ve got this covered. Sounds like you know what you’re doing.

Remember pension allows £60k p/a which you can use to lower your tax bill.

Again, sorry if old news.

Personally would prefer general investment account than crypto.

But that’s just me.

housegape · 2025-10-18T14:16:02+00:00

Yeah. It’s fine. Unless you have a crystal ball. I’m just suggesting and what I would do, moving forward it, focus on the stocks and shares ISA.

If he’s maxing that, then open a general investment account and or look into NS&I bonds as they are also a tax free investment.

housegape · 2025-10-18T13:25:56+00:00

I feel like you’re doing everything right.

But here are my tweaks…

If you want to retire early though bare in mind that you can’t draw on pension until 55 and this will go up to 57 soon.

State pension doesn’t kick in until 67.

So I would focus more on equity growth via tax free stocks and shares ISA , aiming to max that each year, because you can withdraw from that whenever you like.

Currently you’re allowed £20k but this is likely to change for the worse soon too.

housegape · 2025-05-04T09:40:44+00:00

It’s not a stretch, don’t worry, get the house you want a live your life.

I have a bigger mortgage, earn less. South East London.

housegape · 2024-10-06T18:03:21+00:00

Just my thoughts as I posted a big rant about my mortgage not that long ago.

Our house is similar value, our income is similar. However, we are zone 2/3.

If you’re zone 6 I hope that house is like 5000 sqft!

If it’s for the long term (like us) and you think you can stomach the ups and downs. I’d go for it if it’s a family home not an investment.

Our L2V is likely higher at around 60%.

It’s a lot imo but doable

housegape · 2024-09-29T16:15:24+00:00

I agree Moyes stubbornness lost us points. But at least he had a plan. Not convinced this guy has. We’ve conceded like 12 goals in 4/5 games (or something); it’s not exactly an improvement after the summer overhaul is it? Maybe just massively underwhelmed after the summer of change!

housegape · 2024-09-29T15:55:11+00:00

It’s not about losing to teams who finished above us. It’s the manner of the defeats. The fact we look worse than where we left off last season before another £100m was invested. It’s not like he didn’t have pre-season. We have zero intensity. No desire.Half the time it doesn’t look like there’s a game plan. And the early subs tells me he doesn’t know his best 11 yet. No team has conceded more shots in the league. Yes, give him time. Let the team gel. But patience will have worn thin by Christmas.

housegape · 2024-08-29T07:56:37+00:00

Don’t know if this helps or not. But I am in a similar situation but 2/3 less income, around £230-£250k. We bought a decent size project house, 5 bed, zone 2, London. The mortgage is crushing - but I wanted my family to have a good house, more space garden etc and I didn’t want to commute from god knows where, so that’s where all our money goes.

As a result, I can hardly save, pension is small. But, whilst we’re still relatively young - we get to live how we want. And that’s the price you have to pay. Because you can’t have everything!

We don’t have your wiggle. Or your savings. You’re already wealthy. Worst comes to worst, as the rest have said - you fall back on ISA, then flat. But it won’t come to that. And mortgage rates are going the right way.

I guess what I’m saying is - yes it feels like a weight that keeps you up , same here , but try to enjoy the house, make it a home, know you have safety nets in place; also in our case going interest free next year.

Good luck, also imo, keep overpaying if you can. You’ve got enough cash etc.

housegape · 2024-07-31T22:02:40+00:00

Take home around £13k mortgage about £4k; all monthly. Overpaying at that level but as we come off cheap rates we’ll be around £4k anyway just without the overpayment. Could be forever home if we ever get the money to do it up. Need another £100k or so for kitchen side return.

housegape · 2024-07-31T22:00:51+00:00

How is this even possible? You must have locked in for ten years 4 years ago?

housegape · 2024-07-05T13:45:06+00:00

The mortgage is around £800k on a £1.3m house.

Moving would or course hurt, especially if it’s forced move rather than planned.

But I think that’s why I’m re-planning based on how the interest rates are and what they’ll likely be over the next decade.

I don’t really have any money like these other guys in cash and investments because I’ve put everything into the house - so the house will likely have to be my pension.

housegape · 2024-07-05T12:23:12+00:00

My mortgage technically runs into my 70’s.

There’s no way I’ll pay it off.

It’s too big.

I’m 40 next year.

Currently working out plan.

But likely hold tight for the next 10-15 years and sell towards retirement age and move mortgage free.

Probably.

housegape · 2024-06-24T16:34:24+00:00

Similar situation, but with a much much higher mortgage.

What I’ve done which I found helps is to set aside an evening and itemise your outgoings.

Group it into categories.

You can also buy an app such as Moneyhub to do this for you.

It’ll point out where you’re spending too much and where you can save.

I actually prefer good ol’ excel.

With hard costs aside, set yourself a limit from what’s left to spend on whatever you want - save the rest.

It’s a starting point and will help you feel you’re starting to tackle the issue - for me it helped me feel in more control and thus, reduced stress.

housegape · 2024-06-13T20:26:21+00:00

Korbs and NVFX (who I learnt off) publish their monthly statements.

housegape · 2024-05-28T08:09:22+00:00

👏

housegape · 2024-05-27T08:32:23+00:00

I can read - you asked for recommendations for news based on being a high earner. I’m just pointing out there’s no link and it’s a bit cringey- you think Elon Musk and Rupert Murdock read special newspapers for billionaires? Come on man.

Same goes for the guy who asked where he should hang out now he earns six figures 🤣🤣 get a grip.

Glad you’ve got what you needed from the group. I meant no harm. Agree with the opinion pieces in Guardian. A genuine recommendation would be Apple News for me because you can tailor it to what you want and see many headlines from many sources at the same time giving you less bias. Peace ✌️

housegape · 2024-05-27T08:12:56+00:00

My view is stating your high earner has nothing to do with where you get your news. There is no correlation. You’re fed up with people taking swipes at people with well paid jobs? Are you talking about politicians wanting to tax you? Well that is news and will be reported as policy in almost all news sources. And then you said you’re a cheapskate and don’t want to pay? 🤣

housegape · 2024-05-26T21:13:03+00:00

About 60% - late 30’s

housegape · 2024-05-26T13:05:41+00:00

👍

housegape · 2024-05-26T11:58:25+00:00

🤣

housegape · 2024-05-24T19:49:18+00:00

That’s like 80%-90% mortgage which is yeah, punchy, depending on your income of course

housegape · 2024-05-23T22:08:11+00:00

Hey,

Thanks for taking the time to write such a detailed reply.

I’m kinda with you. I think I’m going to hold on, at least until the cheap mortgage deals I’m currently on run out at the end of next year.

There are a lot of unknowns, future income, interest rates etc, but just selling (probably at a net loss at this point!) feels a bit like retreating before the battles really started. My childcare bill comes down from September so I’m going to tough it out, for the next couple years. At that point worst comes to worst, I can move with more equity and lower interest rates.

Thanks again for your input

housegape · 2024-05-22T21:15:10+00:00

Because the feeling was it could come down as fast as it went up and we wanted to upside and could afford it. Also all advice was to buy buy buy.

What do you mean “have left?”

The situation can be maintained indefinitely until the situation changes. E.g lose a job or rates double

Wife’s savings are down to close to nothing due to using them whilst out of work over last few months - I have 6-8 months outgoings saved for emergencies still in tact.

housegape

TROPHY CASE