You get a 25% uplift - eg. put in 800 get an extra 200 .
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Think I misunderstood his post, He was talking about how much you could put away with uplift on the 850 per month. I thought he was saying you’d save 12K in tax
The other thing to consider though is that a pension is taxed when you take income from it. ISA is not. Pension still works out a little bit better I think, but you have to balance that with having your money locked away
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My argument for favouring an ISA is that pension age might be raised consistently over the next decades. When you’re young, there is just so much legislation down-the-line that can shrink your pension benefits - while in an ISA you can just sell everything and use it any way you like immediately.
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I’m the same ISA is being built as a pension but can use the money if needed (absolute worst case)
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I maybe should of reached for the stars a little more on the wage side lol
The average salary in the UK is £42,210 according to the ONS
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True, but average salary tells you nothing really. The median salary is 35k, which means 50% of people earn less and 50% earn more.
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Indeed, there are also geographical and sector variations.
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Good evening 
-
As usual, we selected the best articles published in the past few days 
:
Portfolio Construction
The starting point matters. A lot. Innovative chart of Stock Market Returns.
Asset Allocation: Challenging Stocks for the Long Run
Currencies: Should You Hedge Your Bonds?
Leverage: Overview Of Return Stacking Strategies
ETFs
UCITS vs U.S. ETFs: Pros and Cons for Non-US Investors
Vanguard: What Are UCITS Equivalents Of Popular Funds?
Systematic Alts: New CTA Index DBFM/SG being revealed ft. Andrew Beer
Bond Alts: Fair Oaks Capital launches Europe’s first CLO ETF
Active Investing
Economist Eugene Fama: ‘Efficient markets is a hypothesis. It’s not reality’
The Optimal Gold Allocation: How Much Gold Does Your Portfolio Need?
Small caps: Have the insatiable private markets eaten the effect?
Factors: Why Do Portfolio Managers Care? It’s Not What You Think.
Strategies: From Stock Picking To Systematic With Wes Gray
Wealth & Lifestyle
Early Retirement: Why Early Retirement May Back-FIRE
Tools: How to Track Your Net Worth
Risks: Edge Against “Sequence of Returns” Risk with Tyler of Portfolio Charts
Financial Advice: Why Do Clients Think Advisors Are Valuable?
Fraud: The BIG Financial Risk That Everyone is Underestimating
And Also
The complete guide to taking a sabbatical (in your 30s and 40s)
Where in Europe are best countries for setting up a new business?
Three easy ways to find hidden cameras in hotels and rental homes
What Everyone Gets Wrong About Planes
Have a great Saturday!
Francesca from BoW Team 
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Thank you @ConsulinhoGaucho
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I just need one more little neg correction since my triggers never went on Friday but after that it must shoot to the moon again for at least a few years. 
Interesting article:
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Good evening -
As usual, we selected the best articles published in the past few days :
Portfolio Construction
Asset Allocation: Is Your Overconfidence Leading You To Financial Ruin?
Cash: How much cash should I have in my portfolio?
Country Diversification: US Equities - Would you invest 72% in one country?
Are Markets Efficient: AQR on The Less-Efficient Market Hypothesis
Debt: The Impact of Debt with Howard Marks and Morgan Housel
ETFs
Vanguard: Vanguard LifeStrategy Review – A Retriever In A Babushka Doll
MSCI World Equal Weight: Invesco unveils Europe’s first such ETF
Quant ETFs: Robeco to launch five active ETFs in Europe
US ETFs: Rob Arnott launches ETF to buy up index ‘rejects’
Active Investing
Value Investing: The Case Against Value Investing
Trend Following: The Trend is Your Best Friend – Here Is Why
Crypto: Odd Lots on The Booming Crypto Use Case Right Now
Alternatives: In Praise of High-Volatility Alternatives
Wall Street: Untold Story of Bank of America
Wealth & Lifestyle
Brokers: Our Updated Broker Classification System
Early Retirement: They’re Breaking Every Retirement Rule Now, Not Later
Lifestyle: Childfree Planning Turns Traditional Advice on Its Head
Advisors: The Essential (often ignored) Skills Of The BEST Financial Advisors
UK Pensions: Is your pension big enough? 4 tips to close the gap
And Also
The Countries With the Highest Wealth per Person
The Cost of Solo Aging
Have a great week-end!
Francesca from BoW Team
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Do we know yet what companies will be used for the uks new wind power projects and nuclear projects?
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Interest rates in America were cut by 0.50%, more than expected by the analysts.
Jerome Powell announced today at the FOMC
https://www.wsj.com/livecoverage/fed-interest-rate-cut-inflation-live-09-18-2024
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Yet weirdly the markets were down lol but guessing that’s just the correction from them already predicting the increase and the small rally over the last two days?
Classic case of buy the rumor sell the news.
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I’m no expert here, but there could be some truth in the fact the markets already got ahead of themselves knowing a cut would be coming, so this is just selling the news.
I personally feel however this cut is more an indication that they know the jobs / labor market is cooling and want to avoid a recession, the markets may have taken that negatively and some chips have come off the table.
The policy rate has been so high for so long, how can it not have an effect on the economy, we shall watch this space.
Tomorrow I hope the boe keeps rates the same, so we can lock in more of that yield the treasuries are giving out before it goes down for most probably a good while.
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It wasn’t fully expected, so there was a bit of surprise with this - yesterday markets only priced a 64% chance of a 50bps cut (the rest expecting ony 25bps).
For BOE tomorrow the 1 month is ~4.86% so almost 50-50 on a 25bps cut.
For context often the markets are >95% confident in the rate decision the day before.
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