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+8Rich #756655 27/09/22 03:15 PM
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Agreed, no way am I cystalising those losses. Thankfully I have other DB pensions etc and from June the state pension & bus pass.


JohnV6
2022 CX Plus Four
2025 MG ZS EV aka Trigger
+8Rich #756662 27/09/22 05:22 PM
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Scruffy Oik
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Gary Lineker went throughout his entire career without receiving a single booking.

So did my Father. Lovely bloke but a hopeless DJ.


Tim H.
1986 4/4 VVTi Sport, 2002 LR Defender, 2022 Mini Cooper SE
+8Rich #756665 27/09/22 05:55 PM
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laugh2 laugh2


JohnV6
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John V6 #756687 27/09/22 08:30 PM
Joined: Nov 2015
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Just barreling along
Talk Morgan Guru
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Originally Posted by John V6
I would laugh but so far my pension fund is down £30k since this unelected PM came to power. I dread to think how bad this will get at the next mates give away or whatever ther call these minibudgets.

By unhappy coincidence my fund has plummeted in value too very recently, I'm told by an insider to check how much is tied up in Gov bonds as that is the problem (& he doubts they will ever recover significant value back)


Jon M
+8Rich #756730 28/09/22 09:02 AM
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Formerly known as Aldermog
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My fund is down 10.7% year on year. Fortunately only 3.7% is in bonds, 76.5% is in equities round the world. It did this in 2008....we just have to take a longer term view and don't panic......if I live that long....... hide


Peter,
66, 2016 Porsche Boxster S
No longer driving Tarka, the 2014 Plus 8...

+8Rich #756735 28/09/22 09:16 AM
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Smile, it confuses them
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Blimey you lot - Monday Smiles! Dead by Wednesday ?

Sorry pot - kettle getcoat

Last edited by Alistair; 28/09/22 09:18 AM.

Everyone loves a Morgan. Even me, unless it's broken again.
+8Rich #756737 28/09/22 09:23 AM
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Formerly known as Aldermog
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We all are suffering from 1st world problems plus a sick media and time on our hands to get steamed up about the media and their less than neutral (perhaps) reporting.


Peter,
66, 2016 Porsche Boxster S
No longer driving Tarka, the 2014 Plus 8...

+8Rich #756739 28/09/22 09:29 AM
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J
Talk Morgan Expert
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J
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whilst history can only give us previous trends , one has to bear in mind that the FTSE 100 took 15 years or so to get back to 7100 after the 2001 tech crash with another low in 2008 when markets fell yet again. In 2008 my pension pot lost nearly 50% of its value with the crash, only to recover to its previous level just before my retirement……..I lost effectively any growth since 2001. The big issues are Chinas debt mountain, Russian aggression and the energy crisis………..and the extent of the pending recession. whether Gilts come back into favour will depend on hoe high interest rates go and for how long. There are no guarantees in life, we are certainly in for a rough ride with pensions having to pay out more with inflation increases……..the pots will soon shrink if not topped up with high investment returns. Good job the Govt is not taxing windfall profits!

Last edited by JohnHarris; 28/09/22 09:53 AM.

Prev '12 Plus 4 Sport OZZY
'08 Roadster FELIX
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'77 4/4 SEAMUS
'85 4/4 MOLLY
+8Rich #756745 28/09/22 10:19 AM
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Smile, it confuses them
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I will just post this to flip the subject then....

[Linked Image]


Everyone loves a Morgan. Even me, unless it's broken again.
+8Rich #756747 28/09/22 11:00 AM
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+8Rich Offline OP
Tricky Dicky
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Looks Dodgy out there to me.


2009 4/4 Henrietta
1999 Indigo Blue +8
2009 4/4 Sport Green prev
1993 Connaught Green +8 prev





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