Fuel Prices

£1.51 today in Richmond but I could only fit 2.5 litres in. :D

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A funny way of wishing you happy birthday. But do you think you’ll live lonely enough to enjoy it.😳 Buy shares in whiskey I’m back on it. O happy birthday big man. 😉
Swings and roundabouts. The cost of fuel might have gone up but so have Stock Markets. My fuel costs are being subsidised by increased value of Shares. I may be even better off as we don't do many miles nowadays. Every cloud has a silver lining. ;)
 
But it's pretend money unless you're cashing some in?
Well, paper profits and losses, as the markets swing back and forth in response to world events. I have a Managed Balanced Portfolio monthly savings plan that started in late October 2025, and before the current nonsense, I was getting a yield of around 3.5%; that turned to a loss of around 0.85% over the course of about 10 days. Now back in [paper] profit of around 2.75%, but the financial impact only turns to reality when Units are purchased or sold each month. What I used to know as 'Pound Cost Averaging' [buy more when prices are depressed, get fewer when prices are high], has been renamed with some fancy title, but the impact is unchanged, and, over a 5 year minimum cycle, should result in a decent profit. But, in the curent climate, a wee bit of turbulence will be experienced ...

As ever, I can afford to lose the investment, although I would be mildy annoyed/pure dead raging were that to happen, but keeping spare cash savings at a level to meet forseeable needs should enable me to pick my time to cash in

Steve
 
Well, paper profits and losses, as the markets swing back and forth in response to world events. I have a Managed Balanced Portfolio monthly savings plan that started in late October 2025, and before the current nonsense, I was getting a yield of around 3.5%; that turned to a loss of around 0.85% over the course of about 10 days. Now back in [paper] profit of around 2.75%, but the financial impact only turns to reality when Units are purchased or sold each month. What I used to know as 'Pound Cost Averaging' [buy more when prices are depressed, get fewer when prices are high], has been renamed with some fancy title, but the impact is unchanged, and, over a 5 year minimum cycle, should result in a decent profit. But, in the curent climate, a wee bit of turbulence will be experienced ...

As ever, I can afford to lose the investment, although I would be mildy annoyed/pure dead raging were that to happen, but keeping spare cash savings at a level to meet forseeable needs should enable me to pick my time to cash in

Steve
Better to get 500% on the sale of a old used car or six some weeks. ;)
 
But it's pretend money unless you're cashing some in?
We are cashing in some of it, purely to limit (or legally avoid) Inheritance Tax. You are allowed to 'gift' family and friends every year and that is what we do. Also, if the value goes down, it is the Governments share that goes down as well (by 40%). That last bit makes me smile a lot.

Wully does not seem to understand that if you invest in Whisky, you cannot drink it. I can see his investment plan unravelling very quickly. :ROFLMAO:
 
We are cashing in some of it, purely to limit (or legally avoid) Inheritance Tax. You are allowed to 'gift' family and friends every year and that is what we do. Also, if the value goes down, it is the Governments share that goes down as well (by 40%). That last bit makes me smile a lot.

Wully does not seem to understand that if you invest in Whisky, you cannot drink it. I can see his investment plan unravelling very quickly. :ROFLMAO:

Good to hear that Jim me old mate. 😐
 
Better to get 500% on the sale of a old used car or six some weeks. ;)
I'll stick with what I know, Trev. In normal market conditions, I should be able to produce a new crop of capital to replace/replenish the current crop which will be depleted by inflation

Steve
 
My portfolio over all has done 24% last two years running but got battered by Trumps war. Almost back to where it was though.
 
Blimey £1.81 in Peebles today BP and also ESSO. And I thought that was good

Yeah just me trying to be funny. Quite handy that little bike though. Does 130 mpg and runs of course on Petrol. Out of four vehicles the only one we have thats diesel is the motorhome and thats not gone anywhere for yonks.
 
I'll stick with what I know, Trev. In normal market conditions, I should be able to produce a new crop of capital to replace/replenish the current crop which will be depleted by inflation

Steve
Art is also a good hiding place for money, all sales must be cash. ;)
 
I gave u looking at ful prices once I realised it was stifling the pleasure of getting out in the van. Now we just fill when needed and enjoy the journey
 
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