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Pension advice
ozzybud:
I'm all for adding more honda motorcycles to your portfolio!
Great investments . Plus you can't ride money in the Bank!
BigAl (Alan):
Bought a Private Personal Pension (I'm self-employed) in 1996 on the recommendation from a Pension advisor...Equitable Life Insurance Co...I wont be retiring early with this plan...lol
McCabe-Thiele (Ted):
--- Quote from: ozzybud on August 13, 2024, 08:26:40 AM ---I'm all for adding more honda motorcycles to your portfolio!
Great investments . Plus you can't ride money in the Bank!
--- End quote ---
My mate did that with the tax free commutation from his pension - not sure how long he will need to live to cash in on any benefit.
ozzybud:
--- Quote from: McCabe-Thiele (Ted) on August 13, 2024, 10:45:36 AM ---
--- Quote from: ozzybud on August 13, 2024, 08:26:40 AM ---I'm all for adding more honda motorcycles to your portfolio!
Great investments . Plus you can't ride money in the Bank!
--- End quote ---
My mate did that with the tax free commutation from his pension - not sure how long he will need to live to cash in on any benefit.
--- End quote ---
Every time you go for a ride you are enjoying the benefits!
Laverda Dave:
Some if these pension selling experts were probably the same experts who previously sold cast iron guaranteed endowment mortgages back in the day! I ended up with three of those and every single one failed to pay the loan amount with two of them losing me thousands that I had to find to pay off my mortgage. I remember back in 1984 being forced to take one of these scamming endowments out to cover a mortgage of £27k. I was told it would pay out £45k after the 25 year term. It eventually paid out £17k and lost £5k of the money I'd invested into it! I joined the miss selling claims and it was thrown out because they said I should have acted sooner despite me writing letters after five years asking why it wasn't performing. Crooks.
Look after and invest your own money, you'll keep it and have ultimate control over it instead of paying a city slicker a bonus to buy a Porsche at your expense!
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