Member Info for Investerintheknow

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Bigtimebilly, good to hear it. from the sounds of it - you need to learn who the Stocks & Shares ISA works :)

@retirement, Agreed, but it was Teresa May who legally signed us up to Net Zero - just before she left office. (Both Labour and Conservatives are stupid)

Blair started the process , but the conservatives put it on steroids

:)

@Napalm1 hat off to you fella, I pat you on the back. but I'm too old for going round in circles with him :) Good luck :)

@Napalm1. You have my sympathy - I had this very same discussion the other day with Bigtimebilly and he still dosent understand. At the risk of sounding rude to him, dont waste your keyboard springs :)

At the risk of sounding old and grumpy - all I've been investing in this week is converting my house over to low energy - because these Muppet's in charge haven't got a bloody clue. 35 yrs I was an energy auditor working with industrial clients to reduce their energy bills , I could see this energy shock slowly occurring over that time - from Blair to May/Boris. Its the most short sighted mis-managed pantomime this country has ever invested in. 1% of CO2 is all we produce. Don't get me wrong - renewable is a excellent target - but you would at least ensure you have an alternative fully in-situ and proven BEFORE you choke off the older technology. This country (and Europe) is going to end up as a cultural museum, a theme park of how we used to live. We will not be able to manufacture or process - since we wont have the cheap abundant energy required to do so.

Anyhow , rant over, back to converting my house to a stationary 'van-life' , my battery pack has just arrived.

Yours Truly a tight northern :)

@retirment "HOW can the MP's we voted in say NO MORE NEW DRILLING ? when Norway have opened up 14 new sites and we buy off them !!!"

I'll hazard a guess - Our MPS are as thick as Mince ! . The tax return from it would help out immensely. They could also drop standing charges on Fuel and combine it into the unit price - so to help everyone in the country instantly over night. They could reorganise Green energy prices to no longer be tied to gas prices. They are Fin thick

Like they did by proxy using the IRA (oops, I was a bit controversial there)

'I’m up there for 4 days in a couple of weeks. Nothing like a five hour hike with a pint ( or two ) at the end.' - a pint of cold bitter with a good head (and a flake- if you wish) :)

@retirment, actually we are pulling your leg , its dreadful up here, best stay down in Essex or Surraaaay - much nicer for you :P

'@Investerintheknow ...Although Yorkshire isn't bad either 😉' ,,, good insurance policy there - considering your misses :)

Must admit, While the Yorkshire dales are fantastic (in summer)- the Lakes are much nicer (except for the tourism aspect - clogged roads),,, then you keep riding north to Scotland ,, Galloway lovely

@retirement, I'd suggest you look at Yorkshire - its a beautiful place with some 'traditional' areas,,,, but the thing is - some of us Yorkshire folk might think you're a bit of a anker when you go tare arsing around in your porches , We're not fond of people with more brass than sense LOL :0P

;)

@retirment, I dont dispute what you say regarding the attractive divi etc. My point is - what are they invested in to make their money - if they are holding Carp , then they will stop their divis while they recover from losses. - thats what i need to look at before putting more money into them :)

I tend to agree JDS, I think you have done well trading it - with your big one off purchase, but it might be better to drip feed in - pound cost averaging :)

JDS ' Investor in the know, I agree with every point you make. I sold all my coins before the fall. Just wondering whether there could be a lower entry point. I just don't want to demolish the profits I made.'

Those are the words of someone looking to trade metals , not buy insurance,,, I don't mean for this to sound rude . :)

Retirement, my only issue with LGEN and alike - is what is their exposure to the private credit bubble (blackrock, blue owl etc are suffering). I might be off mark here - but I need to do some more digging before I up my investment in them.

Jds, Gold, I hold physical form (and silver)- UK coins. The way I see it is -

1) do a simple calculation as to the price of a house in terms of gold back in 2000 , then recalculate now in terms of gold.

2) follow the big boys - central banks have been buying ,, buying an asset which for years was deemed as a relic, a pet rock - but now 10%, 20% is advised by investment houses in the US.

3) Gold and silver are a store of wealth , not an investment, don't trade metals - it will have your shirt.

4) There may be a time soon - when gold at any price will be unobtainable.

5) gold and silver have no counter party risk

6) buy during the dips (the fall in currency , gold is true money, currency is paper rubbish - of which too many have gone to zero)

7) the US (global reserve currency is slowly dieing, 1972 (US closing the gold window) put the final nail in the coffin

These points could be augured until the cows come home, but as an insurance policy they make good sense to me to hold physical - in a diversified portfolio.

each to their own

I'm glad to not work in politics, since I would just lay mines all along the length of the straight and say - if only ships whose cargo has been paid for in Chinese RMB are presently allowed through (as reported on some news outlets) - then NO ships are allowed through - drop mines along its whole length and walk away for a few weeks - but as I said – that s why I could never work in politics – too bloody minded LOL

I notice gold and metals are on the up ,,,,,, very tempted but - I think I shall stick to gardening today LOL,,,, might buy a few coins later to put under the roses with the others - I think it helps the soil with drainage, and the worms like them LOL ;)

Just hope -if I die - my brother remembers to bring his metal detector