tag:blogger.com,1999:blog-6533494677366906459.post3289486955068958786..comments2023-05-14T13:16:00.415+01:00Comments on DIY Income Investor : Cycles (Portfolio Buy)Sisyphushttp://www.blogger.com/profile/11345967558482194349noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6533494677366906459.post-76921057362666564162015-08-17T09:39:07.285+01:002015-08-17T09:39:07.285+01:00Arguably you should max out your SIPP/Pension befo...Arguably you should max out your SIPP/Pension before you touch VCT in any case. Perhaps even your ISA's.<br />After that they make more sense and the tax free dividends and capital gains are attractive even if you dont get the extra 30% tax credit for new issues.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6533494677366906459.post-88350798281422661652015-08-15T18:37:24.978+01:002015-08-15T18:37:24.978+01:00Actually they do tell you. I get an email each ti...Actually they do tell you. I get an email each time they make a new investment, which includes some info on the investee company. As a retired VC myself, I look to VCTs with a good level of transparency and BSC and BSV meet that criterion. They also have an annual investor day where you can quiz management about performance, strategy etc.<br />I have no connection with these funds, just glad some of my retirement money is benefitting from their performance. But then my risk tolerance is definitely higher than average, so VCTs are not for all.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6533494677366906459.post-55908639878474871082015-08-13T17:36:48.811+01:002015-08-13T17:36:48.811+01:00Nice idea, maybe. But the first year dividend, if...Nice idea, maybe. But the first year dividend, if you invest now, is rather reduced because it will only be a half year's dividend - I see that the XDD for the regular dividends is near the beginnings of December and July, although the special dividends seem to happen at intervals. The big difficulty is the one you outline - you can't tell what they are investing in because they don't tell you.. Might try a modest flutter, though.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6533494677366906459.post-35367645026677353262015-08-11T12:29:31.721+01:002015-08-11T12:29:31.721+01:00Very interesting read. I havent really looked into...Very interesting read. I havent really looked into VCTs before much, as I still need to try to maximise pension, my and my partners ISA and VCT always seemed very high risk, and that they would always take the most money themselves, I am suspicious as to why they are looking to "ordinary joe's" for money on this... <br /><br />I will wait to see how this pans out with great interest!London Robnoreply@blogger.comtag:blogger.com,1999:blog-6533494677366906459.post-17258134986546750412015-08-10T12:54:39.336+01:002015-08-10T12:54:39.336+01:00Interesting post.
I have never really seriously ...Interesting post. <br /><br />I have never really seriously looked at VCTs before. Though, I may take a closer look at them after this to really see what's what! My gut reaction is to stay away from them, but it is not based on any in-depth study of the sector. We will see!<br /><br />Good luck with this. I look forward to seeing how this performs for you.<br /><br />(Also the picture you use is quite interesting. I have never seen the boom/bust economic cycles displayed in that format. Quite good actually!)Dividend Drivehttp://dividend-drive.blogspot.co.uk/noreply@blogger.com