ValuePension (2nd/3rd pillar investing)

UK small cap recovery bet stocks if you have the stomach. But you shouldn’t take my advice, I’m reckless :slight_smile:

I literally invested my pension fund on the highest day since end of February.

Perfectly executed! Only to see a 5% drop within 3 days :smiley:

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any particular names or just dash of CUKS type ETF?
US SCV climbing down the ladder too, not sure to take a bite now or wait a couple of hours or till tomorrow. (can’t get my mind off them)

You know how do you beat the market? Just buy 3x leveraged inverse ETFs like SPXU the day I’m doing a lump sum.

I will always announce it here, so you’ll know when to buy.

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you are in-a-strange-way lucky, I’m serious. I had to wait for >1 year to see my investments in India go negative. And it is still negative after 3 years. The sooner you see red, the sooner you start to understand your tolerance levels. No point being all green for first 5 years and then lose your shirt, your pants, and your mind.

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6 posts were split to a new topic: Individual stock picks log

The market is really testing my risk tolerance. Btw I didn’t tell you guys lol. ValuePension invested more than 100% of my assets. Now I have -1% cash and 101% stocks :smiley:

I asked about that and they told me it would sort itself out with the next rebalancing. But I don’t rebalance, so I’ll keep my 1.01x leverage lol.

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That is nice. Welcome gift (maybe bc you promoted VP). See, you got lucky :four_leaf_clover:

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I’m sorry that I forgot to post about it! I bought 1.2k $ of VTI today at 157.82$ right after the opening.

That will probably lead to a circuit breaker today. Right now VTI dropped to 154.00$ 2 hours after I bought it, already down -3%.

Just be happy that I don’t have any lump sums to invest anymore. Otherwise you would see a -25% drop within 2 weeks.

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Keep us updated whenever you‘re about to buy.

(However, please plan ahead and allow enough time for me to sell in advance)

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I’ll do it next time 24 hours before I buy.

If you are smart, you’ll sell everything and go allin on SPXU or other 3x leveraged inverse ETFs :smiley:

Who the hell needs moving averages or CAPE? All you need is me!

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@Cortana I was just looking at SLYV and itching to buy some. And I come here to see if you posted something. Not disappointed.

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When I look at the big picture it gives me peace.

I might be the worst market timer on the internet, but I guess I’m still doing fine.

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Any updates? Who uses ValuePension for 2nd or 3rd Pillar? Is an app coming? How is the reporting? Any downsides?

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I’m using it for my 2nd pillar since 2 months. No app, but I don’t really need it. There are no further contributions, so it will stay like that for 40 years till I withdraw it at age of 69 or 70. I’m still loving the fact that you can set your own rebalancing bands. It’s currently at 100%, so there won’t be any rebalancing in the future.

Still waiting for the 3rd pillar solution.

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I would still stick to respecting the law to avoid an impossible situation. Also, enforcement may increase in the future especially with the challenges of the 2nd pillar, which will only increase until there is a reform.

There is a clear issue with the unintended redistribution in the 2nd pillar, and it is frustrating to receive less every year than what the underlying assets actually return, but I think it should be solved politically because this is the country’s best interest. It is already widely discussed in the news and by decision makers.

I recommend rather looking into 1e schemes offered by many pension institutions, which allow you to officially invest part of your 2nd pillar while fully taking the risk and getting the associated returns.

This actually depends on the pension fund. The law defines the benefits up to a certain salary (around 80k). Above this, pension funds are free to design their products in any way they want, as long as the minimums required by law are met.

Politics won’t change change anything. Has politics ever given the little man more freedom and scope to make financial decisions - unless that happened to benefit big corporate interests as well?

Pension fund contributions are mandatory - as such, the funds keep flowing into pension funds, among them the largest insurance companies (AXA, Zürich, etc.). And you can’t even choose choose pension you’ll contract to, since the employer will do it for you (lingering question: do you believe that your employer contracts with the pension fund that is most beneficial to you?)

Pointless for me. I don’t even have to bother looking into it, since only the top 10% or so of earners (among employees) are eligible. 127k/year an upwards. I’ll never reach these income strata from employment income (legally) in this life.

(Well, maybe if the figure doesn’t get adjusted and we see a hyperinflation)

Could you please elaborate or give a link?

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Hi San_Francisco!

I feel a bit the same as you on our lack of control over pillar 2. I think what I meant is rather that there are things within my (our) control and things that are not (I am not in politics or anything like that). I am focusing on things I can control, like having a pillar 3a and making my own choices.

To some extent, people in smaller companies can influence the choice of pension fund if the people in charge are open to a discussion.

I wish the threshold for 1e were more accessible, too (I don’t have any either).

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