The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Thanks Twonko. Real kind. Wish I was amazing like you.
Generally the insurance is funding ppl who sit and get very sunburnt, the elderly or ppl who use drink and drugs excessively. I'm not in these categories so don't need to find them. I only insure where loss is ruinous.
Ppl die running marathons and half marathons all the time.
Why do I need to insure against eventualities I can well afford? Do you insure before every meal in case you choke twonko?
Grayling I ran a 1:32 half last year (uninsured) which is far faster than your giant arse and massless brain could do.
Twonko guessing you don't get the concept of risk? No that would need a brain first.
I think it'll be a 5% increase on this year's Divi. Long term once it hit 5p it won't increase unless they can resume growing the lending book.
In fact the only pleasure money really gives me is helping out my children.
I'm with you Eccles. Ok I'm pretty wealthy Vs average punter, but insurance is normally unecessary. I only have buildings and car insurance that's it. I don't buy holiday insurance etc, just a waste of money. I take the gamble in life.
Here is an amazing deal just sign here, don't read it, it called your own death warrant.
Well if you are too bone idle to read things you sign that's your own outlook. I actually read stuff I put my name too because I'm naturally cautious. I had that with an egg card I was opted in to ppi, but because I bothered to read stuff I just unchecked the ppi box.
I calculate it at 31.4p Rich. But truly staggering sum.
Relative angels. We ain't being flown on private jets to the Caribbean to nail underage girls. Not much difference between Staley and groups of Pakistani men in northern towns.
Skier with that work ethic you should pursue a career at HMRC! Was your family motto, "take em for all you can son".
Ok fair enough tour. I think to paint these ppl as ppi victims is beyond the pale really.
It's a something for nothing culture.
Tourdecit you do realise you've essentially stolen from shareholders? Not something to be proud of. Is your next venture breaking in to your neighbours?
Theyll make about 5bn quid this year which is about 7p a shared they can probably afford to raise the Divi and buy back to around 5.5p over time. Perhaps more if rates go up.
Lol lti. I can't be bothered either why I asked you :D.
It's remarkable Lloyd's have stayed solvent. They've paid out 23bn. Their CET1 capital is 25bn. Their tier 1 is only 30bn. They've essentially paid out the equivalent of their entire CET1 over a period 10 years. Imagine if they'd not had that cost? Amazing they've remained solvent.
Lti what is the schedule of payments for quarterly? Are dates given?