Question

新博文的html内容正在影响我的博客页脚的布局。

我的页脚noramlly看起来像这样：

On one blog post页脚变为：

这里的宽度比以前宽得多。

这似乎是由于页面上的HTML内容。

示例页面：

Normal layout

Bad layout

我已尝试测试代码的不同部分，但无法提出任何建议？

你能帮忙吗？？

Answer 1

第一行
关闭引号：

<div class="panel-group" style="font-size: 14px;">

我认为 4 你需要在上面加上这句话。

我看到很多divs，这是一个片段：

Property VS Shares - the two most popular investment classes in the UK.

But which over the long-term produces the greatest returns?

Growing up in the UK you'll be intimately aware of property prices in your neighborhood, rental costs and interest rates you'll likely aspire to own your own home one day and potentially even purchase a property as an investment.

At the same time, you've likely viewed investing in stocks and shares (equities) as potentially risky or even as a form of gambling - something your pension is affected by through faceless corporations working on your behalf. In all likelihood, you have much less exposure to equities compared to property.

Property can also be leveraged to improve your return, rented out or developed.

So it seems property is a clear winner? Why then when talking to an Independent Financial Adviser (IFA) people paid to tell you what to invest in rarely mention property as an investment? 

Was property your key to instant riches? Or were the IFA's and equities investors right? 

<h2>Embarking on a financially odyssey</h2>

In order to seek the answers, I began on my own mini financial odyssey, starting with diving into books on value investing, financial freedom and trading, talking with successful investors and following they're advise opening accounts and buying shares. At the same time, I attended property seminars, went on a 12-month property investing mentorship and eventually raised finance, purchased, refurbed and let out two buy-2-lets. 

As the experience started to unfold I began building data on both options in order to review at a later date.

<h2>Equities (Stocks & Shares)</h2>
Starting with equities I discovered the most efficient way to invest was through cheap low-cost index funds aiming to track the prices of markets (for example the FTSE 100) rather than beat them. These could be purchased and held extremely cheaply (for example 0.85%) and over the long-term generally out-performed actively picking individual stocks yourself (or even paying someone to do it for you).

From my own research I discovered long-term equities generally produced returns of <a target="_blank" href="http://www.swanlowpark.co.uk/ftseannual.jsp">10.99%</a> per year (1986-2017 average FTSE All Share Total Return).

This could be stretched higher if you did find one of the few investment funds that had been proven to beat the market over the long-term.

Equities could also be held in an ISA meaning you can bank huge profits and pay zero tax on your gains, unlike property which gets's hit with at least 28% tax making a huge impact on your final profits.

What really shocked me was the difference over the long-run between those who knew what they were doing and those who followed the invest and pray strategy!

<i>'When a man with money meets a man with experience, the man with experience leaves with money and the man with money leaves with experience - Anonymous.'</i>

Interesting, maybe the Independent Financial Advisors (IFA's) were correct when they warned me off property investing?

<h2>Property investing</h2>
Moving onto property like equities I found the difference between a sophisticated investor and the 'invest and hope' investors huge. For example, a sophisticated investor would look for rental yields of 8-10%, develop the property to improve its value and often purchase at a price below the market - locking in a profit from day 1. Compare this to the invest and hope strategy of buying somewhere close, not looking at the area's potential and often paying more than necessary.

Taking just one variable - the location and we can see how this might ripple out over time to impact the investor.

<p>Take a look at the chart below for Reading and Durham property sold prices (Land Registry 1995-2017):</p>

<img src="https://www.moneynest.co.uk/wp-content/uploads/2018/01/Reading-Vs-Durham-Property-Prices.png" alt="South VS North Property Prices" width="600" height="371" class="aligncenter size-full wp-image-917" />

<table class="table-hover" style="margin-bottom: 0; font-size: 14px;">
<tr><td>Town</td><td>1995 Price</td><td>2017 Price</td><td>Total growth</td><td>Compounded growth per year</td></tr>
<tr><td>Reading</td><td>£55,266</td><td>£311,755</td><td>464%</td><td>21%</td></tr>
<tr><td>Durham</td><td>£38,130</td><td>£103,124</td><td>170%</td><td>7.72%</td></tr>
</table>
<p>&nbsp;</p>
What really shocked me was the difference over the long-run between those who knew what they were doing and those who invested and hoped both in volatility and in the final sum they ended up with.Reading saw an almost 300% extra growth compared to Durham, making a massive difference to the families net worth. What's even more shocking for me is that Durham property prices are still 16% cheaper in late 2017 than they were a whopping ten years ago in 2007...the financial crisis lives on.

You can see now how a single variable such as choosing an area has a huge significance to your profits over the long term.

However, one benefit property has over equities is leverage.

For example, by using a mortgage the cost of purchasing a property is significantly less than it's valued e.g. a £100,000 property would cost you just £32,000 (assuming 25% mortgage, £5k refurb, and 2k legal costs) rather than the full £100,000. 

If your property then increased over two years to £120,000, upon selling the property you'd receive £45,000 (£120,000 - 75k mortgage), a whopping 40.6% return on cash invested (ROCE), all while receiving rental income.

However like the IFA's claimed the average property increase at <a target="_blank" href="https://www.nationwide.co.uk/about/house-price-index/download-data#xtab:uk-series">6.18% per year (1986-2017 average house price increase)</a> was significantly lower than equities 10.99%.

I also found the costs of property investing and time input needed significantly higher than equities.

<h2>Government clamp down</h2>
Shortly after I finished purchasing the second property George Osborne rolled out a budget raining the hammer down on property investors.

For some time they'd been presented negatively in the press and this was offered both an option to capture votes from the younger generation and increase tax revenues at the same time.

The budget increased the tax on selling a property to 8%, increased stamp duty for investors by 3% and banned investors from claiming many expenses (including interest payable on mortgages). This made headlines such as 'buy-2-let is dead' and 'house price crash due' and furthermore it made my comparison even more difficult...damn it, George! 


<h2>Comparing the data side-by-side</h2>
At this point I was no clearer on which produced the greater returns, so to get a clear picture I began directly investing myself this benefited me through providing a clear picture on all the costs and profits available.

I then set out to build the first financial model accurately comparing property investing over equity investing including all the attribute missed off by financial reporters and IFA's (benefits of leverage, extra time and costs spent on property, tax implications, recent government changes, impact of fees on index investing, inflation rates etc etc).

Once the model was built I created charts to easily showcase the data, below are the results of hours spent mining the data:

<h3>Average property investor VS equities investor</h3>
I began with the historical data a typical IFA would use taking national averages since 1986 to compute everything from equities performance to interest rates.

The resulting chart looks like:

[caption id="attachment_912" align="aligncenter" width="600"]<img src="https://www.moneynest.co.uk/wp-content/uploads/2018/01/Property-vs-stocks-and-shares.png" alt="Property vs stocks and shares" width="600" height="371" class="size-full wp-image-912" /> Property vs stocks and shares[/caption]

<div class="panel-group" style="font-size: 14px;">
  <div class="panel panel-default">
    <div class="panel-heading">
      <h4 class="panel-title">
        <a data-toggle="collapse" href="#collapse1">Click to show data assumptions</a>
      </h4>
    </div>
    <div id="collapse1" class="panel-collapse collapse">
      <ul class="list-group">
        <li class="list-group-item">Yearly property increase - 6.18%</li>
        <li class="list-group-item">Property rental yield - 4.5%</li>
<li class="list-group-item">Initial discount on property - 0%</li>
<li class="list-group-item">Mortgage deposit - 25%</li>
        <li class="list-group-item">Mortgage interest rate - 7.33%</li>
<li class="list-group-item">Equities holding fees - 0.85%</li>
<li class="list-group-item">Yearly equities increase - 10.99%</li>
      </ul>
      <div class="panel-footer">Shocked by the assumptions? Mortgage interest rate of 7.33% & annual property increase of 6.18?
 These are long-term averages since 1986 and are what an IFA would typically use when creating a comparison against equities.</div>
    </div>
  </div>
</div>

We can see the data an IFA would use does show equities clearly outperform property for both basic & higher rate tax payers and investors who purchase property within a limited company.

However what they'd miss out here is that typical sophisticated property investor's would never invest at these rates.

Aiming instead for significantly higher rental yield's than the historical 4.5% (typically 8%) and ideally create an initial uplift in value through a refurb, furthermore if we look at the time it took mortgage rates to drop to the current rate of 0.5% and work backwords they'll likely pay a much lower mortgage interest rate over the next 30 years than the past 30 years.

So taking this into consideration I created another model.

<h3>Sophisticated property investor VS equities investor</h3>

<img src="https://www.moneynest.co.uk/wp-content/uploads/2018/01/sophisticated-property-investor-vs-equities.png" alt="Sophisticated property investor vs equities" width="600" height="371" class="aligncenter size-full wp-image-914" />

<div class="panel-group" style="font-size: 14px;">
  <div class="panel panel-default">
    <div class="panel-heading">
      <h4 class="panel-title">
        <a data-toggle="collapse" href="#collapse2">Click to show data assumptions</a>
      </h4>
    </div>
    <div id="collapse2" class="panel-collapse collapse">
      <ul class="list-group">
        <li class="list-group-item">Yearly property increase - 6.18%</li>
        <li class="list-group-item">Property rental yield - 8%</li>
<li class="list-group-item">Initial discount on property - 20%</li>
<li class="list-group-item">Mortgage deposit - 25%</li>
        <li class="list-group-item">Mortgage interest rate - 4.5%</li>
<li class="list-group-item">Equities holding fees - 0.85%</li>
<li class="list-group-item">Yearly equities increase - 10.99%</li>
      </ul>
    </div>
  </div>
</div>

We can see here, the property has burst onto the scene for everyone apart from the higher rate taxpayers. Showcasing how the sophisticated property investors have a huge advantage over the invest and hope investors.

I should have stopped here but like an addict, I dived back into the spreadsheet creating a final model. So far I compared:

<ul>
<li>Average property investors VS good equity investors</li>
<li>Good property investors VS good equity investors</li>
</ul>

What I'd missed is that your average equity investor likely over pays for someone to manage his or her financial affairs increasing the fees they'd pay and having investments that lag behind the average. 

<h2>Sophisticated property investor VS average equity investor</h2>

<img src="https://www.moneynest.co.uk/wp-content/uploads/2018/01/Likely-equities-returns-vs-sophisticated-property-returns.png" alt="Likely equities returns vs sophisticated property returns" width="600" height="371" class="aligncenter size-full wp-image-915" />

<div class="panel-group" style="font-size: 14px;">
  <div class="panel panel-default">
    <div class="panel-heading">
      <h4 class="panel-title">
        <a data-toggle="collapse" href="#collapse3">Click to show data assumptions</a>
      </h4>
    </div>
    <div id="collapse3" class="panel-collapse collapse">
      <ul class="list-group">
        <li class="list-group-item">Yearly property increase - 6.18%</li>
        <li class="list-group-item">Property rental yield - 8%</li>
<li class="list-group-item">Initial discount on property - 20%</li>
<li class="list-group-item">Mortgage deposit - 25%</li>
        <li class="list-group-item">Mortgage interest rate - 4.5%</li>
<li class="list-group-item">Equities holding fees - 1.5%</li>
<li class="list-group-item">Yearly equities increase - 7.5%</li>
      </ul>
    </div>
  </div>
</div>

Finally I've increased the equity fees to 1.5% (still much lower than most pay) and reduced the average return accordingly to 7.5%. You can see this has had a massive impact on the performance now putting property ahead for everyone (even higher rate tax payers).

Even more interesting is the huge impact minor adjustments make over the long-run, in this final example the basic rate property investor would end up 30 years later with £529,712 compared to his equity investing friend left with just £186,748. 

So it's apparent that the winner is the educated investor whether they specialise in property or equities.

An educated index investor will out perform the average property investor over the long-run whilst the sophisticated property investor will outperform your average equity investor.

Damn it Sam! Just tell me what to do!

In order to compare for your own sake I recommended you take into consideration your existing wealth (for example you can begin investing in equities with £100), income level and stage in life and time commitment (property investing takes a lot longer).

Then play with the financial model, honestly entering figures on a deal-by-deal basis to calculate whether you're better off in equities or property:

**INSERT DATA**


Sources:

<a href="https://tradingeconomics.com/united-kingdom/housing-index">UK House price index</a>

<a href="http://landregistry.data.gov.uk/app/ppd/" target="_blank">Property sold prices for Coventry & Durham - Land Registry</a>

<a target="_blank" href="https://www.nationwide.co.uk/about/house-price-index/download-data#xtab:uk-series">Average property sold prices of 6.18%</a>

<a target="_blank" href="http://www.swanlowpark.co.uk/ftseannual.jsp">Average equity returns of 10.99%</a>

<a href="http://www.liveyield.co.uk/blog/buy-to-let-yields-over-time-series/" target="_blank">Average rental yields of 4.5%</a> 

<a href="http://www.bankofengland.co.uk/boeapps/iadb/Repo.asp" target="_blank">Interest rate averages of 7.33%</a>

<a href="https://tradingeconomics.com/united-kingdom/inflation-cpi" target="_blank">UK inflation rate of 2.85%</a>

<div class="panel-group" style="font-size: 14px;">
  <div class="panel panel-default">
    <div class="panel-heading">
    
        <a data-toggle="collapse" href="#collapse4">Assumptions within financial model</a>
   
    </div>
    <div id="collapse4" class="panel-collapse collapse">
      <ul class="list-group">
<li class="list-group-item">20% for property repairs & management fees</li>
<li class="list-group-item">Re-tenancy and re-find every 3 years</li>
<li class="list-group-item">5% non-claimable expenses</li>
<li class="list-group-item">Insurance and driving expenses at £200 </li>
<li class="list-group-item">Remortgage fees at £2,000 every five years</li>
<li class="list-group-item">Estate agency fees of 2.5% plus £250 mortgage escape</li>
<li class="list-group-item">£1,000 buying solicitor fee</li>
<li class="list-group-item">£1,700 holding fees upon selling (council tax, mortgage bills etc)</li>
<li class="list-group-item">2.5% estate agency fee</li>
<li class="list-group-item">£1000 selling solicitor fee</li>
<li class="list-group-item">£150 personal time</li>
      </ul>
    </div>
  </div>
</div>

First 9 years would have incurred a loss which could of been carried over to reduce tax (to around £1,600, to simplify I simply removed the next £1,600 tax due.

Answer 2

在良好的布局上，您的共享和作者部分位于.content -> .container -> .central-container -> .middle-content内，而在错误的布局上，它们位于.content类之外。检查你的HTML。

Answer 3

检查您要添加的帖子，因为它在帖子末尾有一些额外的结束div，因为发生了这个问题。确保它没有任何额外的结束div。尝试仅添加简单文本

博客页面的页脚在宽度上扩展

3 个答案: