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.![]()
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 ...But it's pretend money unless you're cashing some in?
Better to get 500% on the sale of a old used car or six some weeks.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
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.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.![]()
Do I know you?Good to hear that Jim me old mate.![]()
Do I know you?![]()
Sorry, must be the Dementia. But when you mentioned the word Rob it made me a bit uneasy, I have informed my local Constabulary.Jim, you remember your old best mate Rob. Didn't you get all the Christmas and Birthday cards I sent to Maingate Manor?
They may have got lost in the post though.
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 inflationBetter to get 500% on the sale of a old used car or six some weeks.![]()
Blimey £1.81 in Peebles today BP and also ESSO. And I thought that was good
I'm thinking it's likely the £1.51 is petrol, and the £1.81 diesel?Blimey £1.81 in Peebles today BP and also ESSO. And I thought that was good
I'm thinking it's likely the £1.51 is petrol, and the £1.81 diesel?
Blimey £1.81 in Peebles today BP and also ESSO. And I thought that was good
Art is also a good hiding place for money, all sales must be cash.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
Yup. Don’t think there are many diesel motorbikes around…![]()