Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
No repossessions etc - but the debt rolls up exponentially - and will have to be repaid, like the huge government debt, eventually.
But by then, AI will have replaced all our jobs, so, like the country, we will just be bankrupt.
But some sitting on £500K properties no-one can buy.
Have signed, but a long way to go.
Probably never get to hear about the stuff we need to, even if we succeeded.
My maths is rudimentary a lifetime after A-levels, but 3i figures confuse me.
PE 4.25 - Earnings 475 - div. 50.5 - yield 2.5% ... is the dividend covered 9.4 times?
Over two years, from 30p down, believing in a valuable to society ideas company, I pumped £23.6K from dividends from my other holdings, + savings...
Sadder and wiser?
I hope so.
Chid - realizing it is impossible that the arch villain has done nothing other than wreck the world, principally supporting the US after 9/11, I NOW, in hindsight, wish we had let Saddam continue his murderous way.
But it is not a moral view. There were/are still, in my view, other, decent outlooks.
https://www.theguardian.com/politics/2003/feb/02/foreignpolicy.iraq2
old, still valid.
Just checked - the drop... I suspect the AGM with 30% voting against the climate change projection. I had assumed it was those thinking it was too much. Or is it not far enough? If the latter, that may have a negative outlook. I've heavy commitments, otherwise my £1100 div. would go to adding more at under 450/470. LTH.
SD - indeed, she is, and now a source of cashflow assistance, as our finances are reversed.
My portfolio was much more adventurous than hers. HA!
There's a moral there somewhere. :-)
SD - sadly I have others to "compensate" so nursing net portfolio loss the last 3 years. :-(
Averaged 8/12% annually, up to then.
I bought my ex, now BF, 2500 3i @ 450, added 500 @ 949 - 7 and 5 years ago.
And SMT - @ 204, sold half @ 1200 to 1500, THAT'S jammy!
I regularly wish I had her adviser.
Bought 1800 9 years ago at 200. Now 1550, having got more than my original stake in sales alone, with great dividends extra, a happy punter. :-)
FWIW,
Bought 5000 in 2007 @ 140. Added, recently @ 240, now 6900.
My FT portfolio gives a total return of 108%, 6.75% annually.
Not sparking, like 3i and Inchape, but solid, and feels safe.
Shell also feels safe, but returns very poor...
Yep, We're now £24K in, worth £1.5K - ouch!
Just now, blood all over the walls everywhere, everything I hold is massively down...
A few more interest rate increases, and meltdown?
Deffo, I've also had my buys marked as sells, now cheered by the recent buys at 2.6/2.8.
As mentioned, worried about the sale of 57 for the princely total of £1.4 :-)
Did he know something? :-/