Introduce Yourself and/or Ask About the Site

[stevensfo]

Hello, I'm semi-literate at investing and looking to learn more here. Thanks to the guys running the site, there's a superabundance of things to read about here.

One specific thing I'm wondering is, what to do with the proceeds of a house sale if I have a gap between selling and buying (say six months or so)? I guess nothing is guaranteed to stay with inflation but what sort of options are the least bad? If there's another forum that's better to ask on, let me know! Thanks!

You have 6-month fixed rate savings bonds at 1.75%. 9 months at 2.0% https://www.youinvest.co.uk/cash-savings#list

Variable at 1.35% https://monzo.com/features/savings/

I guess it all depends on the context and your own circumstances. With inflation anywhere between 10 and 12%, those rates are peanuts any way.

Maybe stick some in savings and spend some on expensive stuff for the new house now, before inflation gets to work?

Steve

[oakapple]

Hello,
I would like to introduce myself by saying a big thank-you to all the posters on TLF and previously on TMF that have helped me with the development of my investment strategies and choices. My investment journey runs from the 1980s privatisations through building portfolios of shares, investment trusts and funds that now support my retirement. ITs form the core of my holdings alongside which I have a 30 share HYP, some VCTs and I have also experimented with a DIY AIM IHT portfolio. I am still learning. I still make mistakes but on the whole my experience has been good and my investments meet my retirement needs. I hope to be able to makes some small contributions to the discussions here.

[Clariman]

Welcome Oakapple. We look forward to reading your future posts.

Clariman

[SheldonT]

Hi all

I'm new to this site, have been lurking for a little while and reading lots of posts. I thought it was about time I posted so here seem liked a good place to start!

I'm in my early 50s and hoping to retire in four or five years time. Most of my investments these days are in investment trusts and I add more each month in both my ISA and SIPP with auto investment through ii. Will be planning to switch more to income generation as I approach retirement.

Sheldon.

[Clariman]

Welcome Sheldon

Clariman

[MCMikey]

Hello everyone,

After reading around for a short while and seeing the conversations, I have just registered so that I can take part.

I am mid-50s, with a late but increasing desire to be on top of my families future plans, now having time, a bit more money and the interest.

Regards

Mike

[chas49]

Hello everyone,

After reading around for a short while and seeing the conversations, I have just registered so that I can take part.

I am mid-50s, with a late but increasing desire to be on top of my families future plans, now having time, a bit more money and the interest.

Regards

Mike

Welcome to the site.

[tjh290633]

Hello everyone,

After reading around for a short while and seeing the conversations, I have just registered so that I can take part.

I am mid-50s, with a late but increasing desire to be on top of my families future plans, now having time, a bit more money and the interest.

Regards

Mike

Welcome, Mike. It's never too late to learn. Hopefully we can help you find the right path for you.

TJH