AuricGoldfinger

Old timers in the stock market used to say "leave something for the other guy", i.e. get out while you're ahead, don't be greedy
When you try to squeeze the last penny, risks rise exponentially - is it worth it?
Pinching pennies in front of a steamroller?

Paying for independent expert advice (especially taxation advice) was the best thing I ever did for my personal wealth. Ensure that they get no commissions and you can at least be comforted in the fact that your interests should align. I actually found that the best thing to use experts for was structuring my assets/investments and the actual decisions in what to invest in rests with me (along with any annoyances for poor performance).

Sorry to be the party pooper as I'm interested in this discussion also 😞
https://www.thesilverforum.com/forum/40-personal-finance-other-investments/

Currently 1,584

Nope!

TAX is my enemy here. Not saying I don’t want to earn more given the opportunity but I’ve been getting taxed through my eyeballs so getting rid of my mortgage is a fair few thousand a year I can keep in my company or at least be more tax efficient with - most likely will make pension contributions with the money to further reduce my tax liability.
All for the maths but i think the feeling of being mortgage free will also be very satisfying in the current climate.

TAX is my enemy here. Not saying I don’t want to earn more given the opportunity but I’ve been getting taxed through my eyeballs so getting rid of my mortgage is a fair few thousand a year I can keep in my company or at least be more tax efficient with - most likely will make pension contributions with the money to further reduce my tax liability.
All for the maths but i think the feeling of being mortgage free will also be very satisfying in the current climate.

Spreadsheets are your friend here, lifetime cost of borrowing vs how much you're making off your isa/stack.  Add in affordability, risk, lifestyle factors, loss of opportunity to invest more etc..
 

Really useful site thanks, i like to use ones like these also salarycalculator and compound calculators to figure out future planning ... then i ignore it and buy a sov whenver i can 😆

I would be doing this without doubt if I could mortgage free 

Im torn as to whether i want to sell half my stack half my ISA and pay off my mortgage. Hard to let go though as it can always go up!

Can't wait to see what treasures you start listing lol

What a great position to be in. Pay off your mortgage now, the stack and ISA can both be rebuilt. Congratulations!

Hmm hadnt really thought about it like that. Think half from each at least i still have a bit in both. Plus i wont have to touch the invested part of my ISA which is currently down £5k 🙄 and also cant put any more money in my isa than i already do so I can’t actually replace that money
like @Mtaybar said i can start buying back straight away with no limits on the gold

Hmm hadnt really thought about it like that. Think half from each at least i still have a bit in both. Plus i wont have to touch the invested part of my ISA which is currently down £5k 🙄 and also cant put any more money in my isa than i already do so I can’t actually replace that money
like @Mtaybar said i can start buying back straight away with no limits on the gold

You can buy it back over time with the money you save on payments and interest lol

Comparing an ISA with Gold 

Pay off your mortgage with all of your ISA keeping as much gold as you can. Will save you paying interest on your loan.
Your ISA is Fiat its loosing over 10% of it's buying power , gold is keeping up with inflation.

Check this site out to compare Gold with an ISA , Property , savings account ect . Gold out performs everything. 
WWW.https://remembergold.com  
 

Imagine taking a broken pay packet home to that!!

A good time for a partial cash out?

Yeah I'm only partially laughing, that's the real conundrum, if we sell now we may never get back in.

I bought some Barclays shares yesterday, if anyone wants them am only asking what I paid. Thanks.

Buy the dip?

Dealers SUDDENLY have a stock of mixed date sovereigns in and a bargain price £10K + per tube 🤷‍♂️

When's the dip?
Have I missed it?