Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

CaptCaveMan

Silver Premium Member
  • Posts

    585
  • Joined

  • Last visited

  • Trading Feedback

    100%
  • Country

    United Kingdom

Reputation Activity

  1. Like
    CaptCaveMan got a reaction from Muncle in Investigation into Historic Coin Pricing by The Royal Mint   
    Kudos for taking this 'poison chalice' up @BackyardBullion

    I only started buying relatively recently (in the last 2-3 years) like many during lockdown but since going down the rabbit hole....

     I've never bought bullion from RM direct and won't, be it new or historic as the premiums are always much higher than the forum or dealers for that matter but I did start buying proof coins... if I ever got lucky in the queue 🙄
    I soon found out that modern, allocated stock is generally slightly cheaper than buying direct which I'll never understand and does feels like overpricing.  Now if there is a coin or series I want, I'll reach out first to place an order and try to guarantee a purchase.  

    Specifically on historic coins/sets, we all know we can buy these at a fraction of the cost vs. RM with a little patience.  I do feel the RM by virtue of their name/brand are taking advantage, more so of new collectors and stackers alike or those with a FOMO or can't wait.  The high premiums only puts me off buying direct, it may sound harsh but they're starting to remind me of H&B, will the next step be weekly deals in the post on 'limited' sets at extortionate prices?

    I understand they are a business to make profit as well as minting/printing our UK currency but can't help wondering how long before they permanently damage their reputation.
  2. Super Like
    CaptCaveMan got a reaction from HonestMoneyGoldSilver in Investigation into Historic Coin Pricing by The Royal Mint   
    Kudos for taking this 'poison chalice' up @BackyardBullion

    I only started buying relatively recently (in the last 2-3 years) like many during lockdown but since going down the rabbit hole....

     I've never bought bullion from RM direct and won't, be it new or historic as the premiums are always much higher than the forum or dealers for that matter but I did start buying proof coins... if I ever got lucky in the queue 🙄
    I soon found out that modern, allocated stock is generally slightly cheaper than buying direct which I'll never understand and does feels like overpricing.  Now if there is a coin or series I want, I'll reach out first to place an order and try to guarantee a purchase.  

    Specifically on historic coins/sets, we all know we can buy these at a fraction of the cost vs. RM with a little patience.  I do feel the RM by virtue of their name/brand are taking advantage, more so of new collectors and stackers alike or those with a FOMO or can't wait.  The high premiums only puts me off buying direct, it may sound harsh but they're starting to remind me of H&B, will the next step be weekly deals in the post on 'limited' sets at extortionate prices?

    I understand they are a business to make profit as well as minting/printing our UK currency but can't help wondering how long before they permanently damage their reputation.
  3. Super Like
    CaptCaveMan got a reaction from AOB in Investigation into Historic Coin Pricing by The Royal Mint   
    Kudos for taking this 'poison chalice' up @BackyardBullion

    I only started buying relatively recently (in the last 2-3 years) like many during lockdown but since going down the rabbit hole....

     I've never bought bullion from RM direct and won't, be it new or historic as the premiums are always much higher than the forum or dealers for that matter but I did start buying proof coins... if I ever got lucky in the queue 🙄
    I soon found out that modern, allocated stock is generally slightly cheaper than buying direct which I'll never understand and does feels like overpricing.  Now if there is a coin or series I want, I'll reach out first to place an order and try to guarantee a purchase.  

    Specifically on historic coins/sets, we all know we can buy these at a fraction of the cost vs. RM with a little patience.  I do feel the RM by virtue of their name/brand are taking advantage, more so of new collectors and stackers alike or those with a FOMO or can't wait.  The high premiums only puts me off buying direct, it may sound harsh but they're starting to remind me of H&B, will the next step be weekly deals in the post on 'limited' sets at extortionate prices?

    I understand they are a business to make profit as well as minting/printing our UK currency but can't help wondering how long before they permanently damage their reputation.
  4. Haha
    CaptCaveMan reacted to James32 in Gold Monitoring Thread £ GBP only   
    Not sure but I'm buying at TSF price and selling at BBP price lol😅 
  5. Super Like
    CaptCaveMan got a reaction from Coverte in Gold Monitoring Thread £ GBP only   
    Same source as me, nice to have spot on my .xlsx and TSF aligned 😎
  6. Super Like
    CaptCaveMan got a reaction from Darr3nG in Gold Monitoring Thread £ GBP only   
    Same source as me, nice to have spot on my .xlsx and TSF aligned 😎
  7. Like
    CaptCaveMan got a reaction from Tn21 in Mortgage options...   
    Yep... took some explaining to the Mrs though Dave 😆

    We've knocked off 5 years already, fixed for another 5 at under 4% 👍  I give the thumbs up as I still see under 4% as cheap compared to historic rates...

    With 10% overpayments per annum, we're aiming to clear it by the time it expires then switch what would have been repayments into savings/investments so will easily be saving £000s as the overall term will be reduced by 10 years before even considering anything we can put away in those years.
    Still no better off (today) and there's still a noose but light and tunnel spring to mind for our future selves.

    ... now back to the hobbie, what's the latest Gold deals around here 😎
  8. Like
    CaptCaveMan got a reaction from Tn21 in Mortgage options...   
    Quick update, we took the plunge with option 1) and paid £40k off the mortgage today, a bitter sweet moment!

    In the past 13 months we've more than halved the mortgage but at the same time utilised a large part of savings to do so, stack remains untouched and will keep adding as it's another savings plan, although primarily aimed for the kids...
     
    A step closer to being mortgage and debt free.
  9. Like
    CaptCaveMan reacted to Earthmetal in Reccomendations for banking WEBSITE sought (for computer NOT mobile app).   
    I assume you use a mobile app then? If you're using their website then you must surely have experience the same problem?
  10. Like
    CaptCaveMan reacted to GoldDiggerDave in Mortgage options...   
    Mate theres nothing better than the first month the mortgage payment stops coming out……we kept on paying the mortgage into the joint account for years after, the rate you can save when not paying a mortgage is fantastic. 
    not only that you get freedom knowing you don’t have that monkey on your back. 
  11. Like
    CaptCaveMan got a reaction from AaaGee in Mortgage options...   
    Quick update, we took the plunge with option 1) and paid £40k off the mortgage today, a bitter sweet moment!

    In the past 13 months we've more than halved the mortgage but at the same time utilised a large part of savings to do so, stack remains untouched and will keep adding as it's another savings plan, although primarily aimed for the kids...
     
    A step closer to being mortgage and debt free.
  12. Super Like
    CaptCaveMan got a reaction from AOB in Mortgage options...   
    Yep... took some explaining to the Mrs though Dave 😆

    We've knocked off 5 years already, fixed for another 5 at under 4% 👍  I give the thumbs up as I still see under 4% as cheap compared to historic rates...

    With 10% overpayments per annum, we're aiming to clear it by the time it expires then switch what would have been repayments into savings/investments so will easily be saving £000s as the overall term will be reduced by 10 years before even considering anything we can put away in those years.
    Still no better off (today) and there's still a noose but light and tunnel spring to mind for our future selves.

    ... now back to the hobbie, what's the latest Gold deals around here 😎
  13. Super LOVE
    CaptCaveMan got a reaction from AOB in Mortgage options...   
    Quick update, we took the plunge with option 1) and paid £40k off the mortgage today, a bitter sweet moment!

    In the past 13 months we've more than halved the mortgage but at the same time utilised a large part of savings to do so, stack remains untouched and will keep adding as it's another savings plan, although primarily aimed for the kids...
     
    A step closer to being mortgage and debt free.
  14. Like
    CaptCaveMan got a reaction from Goldfever20 in Mortgage options...   
    Yep... took some explaining to the Mrs though Dave 😆

    We've knocked off 5 years already, fixed for another 5 at under 4% 👍  I give the thumbs up as I still see under 4% as cheap compared to historic rates...

    With 10% overpayments per annum, we're aiming to clear it by the time it expires then switch what would have been repayments into savings/investments so will easily be saving £000s as the overall term will be reduced by 10 years before even considering anything we can put away in those years.
    Still no better off (today) and there's still a noose but light and tunnel spring to mind for our future selves.

    ... now back to the hobbie, what's the latest Gold deals around here 😎
  15. Like
    CaptCaveMan got a reaction from Goldfever20 in Mortgage options...   
    Quick update, we took the plunge with option 1) and paid £40k off the mortgage today, a bitter sweet moment!

    In the past 13 months we've more than halved the mortgage but at the same time utilised a large part of savings to do so, stack remains untouched and will keep adding as it's another savings plan, although primarily aimed for the kids...
     
    A step closer to being mortgage and debt free.
  16. Like
    CaptCaveMan got a reaction from watchesandwhisky in Mortgage options...   
    Quick update, we took the plunge with option 1) and paid £40k off the mortgage today, a bitter sweet moment!

    In the past 13 months we've more than halved the mortgage but at the same time utilised a large part of savings to do so, stack remains untouched and will keep adding as it's another savings plan, although primarily aimed for the kids...
     
    A step closer to being mortgage and debt free.
  17. Like
    CaptCaveMan got a reaction from JohnA1 in Mortgage options...   
    Quick update, we took the plunge with option 1) and paid £40k off the mortgage today, a bitter sweet moment!

    In the past 13 months we've more than halved the mortgage but at the same time utilised a large part of savings to do so, stack remains untouched and will keep adding as it's another savings plan, although primarily aimed for the kids...
     
    A step closer to being mortgage and debt free.
  18. Like
    CaptCaveMan got a reaction from Roy in Mortgage options...   
    Yep... took some explaining to the Mrs though Dave 😆

    We've knocked off 5 years already, fixed for another 5 at under 4% 👍  I give the thumbs up as I still see under 4% as cheap compared to historic rates...

    With 10% overpayments per annum, we're aiming to clear it by the time it expires then switch what would have been repayments into savings/investments so will easily be saving £000s as the overall term will be reduced by 10 years before even considering anything we can put away in those years.
    Still no better off (today) and there's still a noose but light and tunnel spring to mind for our future selves.

    ... now back to the hobbie, what's the latest Gold deals around here 😎
  19. Super Like
    CaptCaveMan got a reaction from GoldDiggerDave in Mortgage options...   
    Yep... took some explaining to the Mrs though Dave 😆

    We've knocked off 5 years already, fixed for another 5 at under 4% 👍  I give the thumbs up as I still see under 4% as cheap compared to historic rates...

    With 10% overpayments per annum, we're aiming to clear it by the time it expires then switch what would have been repayments into savings/investments so will easily be saving £000s as the overall term will be reduced by 10 years before even considering anything we can put away in those years.
    Still no better off (today) and there's still a noose but light and tunnel spring to mind for our future selves.

    ... now back to the hobbie, what's the latest Gold deals around here 😎
  20. Super Like
    CaptCaveMan got a reaction from Darr3nG in Mortgage options...   
    Yep... took some explaining to the Mrs though Dave 😆

    We've knocked off 5 years already, fixed for another 5 at under 4% 👍  I give the thumbs up as I still see under 4% as cheap compared to historic rates...

    With 10% overpayments per annum, we're aiming to clear it by the time it expires then switch what would have been repayments into savings/investments so will easily be saving £000s as the overall term will be reduced by 10 years before even considering anything we can put away in those years.
    Still no better off (today) and there's still a noose but light and tunnel spring to mind for our future selves.

    ... now back to the hobbie, what's the latest Gold deals around here 😎
  21. Thanks
    CaptCaveMan reacted to GoldDiggerDave in Mortgage options...   
    Well done, it's not sexy and you don't see the reward today.    On that day you become mortgage  free say to the wife if we had not over paid we would be paying X amount per month for the next 9.5 years or something like that. It's only when you realise you have won twice, not paying the mortgage for years and the compounding interest you save can easily be £10,000's.
     
     
     
  22. Super LOVE
    CaptCaveMan got a reaction from Darr3nG in Mortgage options...   
    Quick update, we took the plunge with option 1) and paid £40k off the mortgage today, a bitter sweet moment!

    In the past 13 months we've more than halved the mortgage but at the same time utilised a large part of savings to do so, stack remains untouched and will keep adding as it's another savings plan, although primarily aimed for the kids...
     
    A step closer to being mortgage and debt free.
  23. Super LOVE
    CaptCaveMan got a reaction from GoldDiggerDave in Mortgage options...   
    Quick update, we took the plunge with option 1) and paid £40k off the mortgage today, a bitter sweet moment!

    In the past 13 months we've more than halved the mortgage but at the same time utilised a large part of savings to do so, stack remains untouched and will keep adding as it's another savings plan, although primarily aimed for the kids...
     
    A step closer to being mortgage and debt free.
  24. Like
    CaptCaveMan got a reaction from Roy in Mortgage options...   
    Quick update, we took the plunge with option 1) and paid £40k off the mortgage today, a bitter sweet moment!

    In the past 13 months we've more than halved the mortgage but at the same time utilised a large part of savings to do so, stack remains untouched and will keep adding as it's another savings plan, although primarily aimed for the kids...
     
    A step closer to being mortgage and debt free.
  25. Haha
×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use