RE: The 'US' opens and we SINK!!!23 Jan 2026 10:53
i agree i want every one to be wealthy (or do i) it's a small club these days if you take out the top 0.5 elite rich the 0.5 to 1% club in wealth is 350k people from what 70 million in the uk !
but i am sorry to say 85% people don't really want to be wealthy ! it's the debt era !!
my mate calls them middle class w4nkers. ie massive mortgage, 2 bmw on pcp's and live in a 4/5 bed on a ok estate pretending to look rich and will always be cash poor but like to say they are on 60k 70k even 100+k pa each even £300k joint wages but still cash poor. poor as houses !!! and will have to work till 70..
so do i really want every one to be wealthy ! maybe not.
badland i know how hard it is to day trade i did it for 3 years ended up £6k down !!
i hope you have some m&s shares keep spending in there :-)
i stopped day trading i was bad at it ! saw covid as a once in a life time in my life to invest !! and went all in with every penny i had, and for 5 years went all in with every penny i earnt !!
all in every month for 5/6 years. zero spending on holidays, zero spending on my house which now looks a **** hole (just throwing >£60k at it as we speak) i still bought cars it's my weakness !!! point is i have no debt, no pcp's no loans ! my outgoings are small !! (bar car insurance at £4.5k !!)
while i was not poor in the first place was in porkers from 2005 and ran my own business, i am now in that 0.5 to 1% club. some luck in rr but some guts to stay all in all of the time and just keep buying. early days aston, boohoo, m&b, lloyds bp etc
trump day i was down 150k i think ! but not real money paper money next month up was £200k ! i was at the races at aintree i remember it well a few laughing at my £150k losses, i could tell they liked to see me loose the money. i was not bothered as a lth and not needing the money.
ukraine war was worse % wise what a time just after covid to then get hit by that war.
many of my friends who trade kept selling all out, i just held ! never sold and just pumped money in, chasing down shares when they were falling just buying buying buying. i think i got rr at 1.02 it dropped to 78p !! i was down but i was then buying at 78p !
money makes money and the 2nd million comes way way faster than the first million the 3 will come even faster but i plan to spend it lol i don't need 3 million ! i want a new life now. my new goal to cover every thing and now move house is another £400k well £300k now made £100k in jan some how !
750k was my goal to retire on at 55 live an ok life not move house etc . it's been totally smashed but 85% would not do what i did even my mates would not invest when i was pushing them to invest. i made my mate 30% he sold up. my other mates never invested. some of my rich friends sold all out 3 or 4 times !
buffet is right in the main, buy dips invest 20% of your earnings with out fail month on month and have no debt very few want to follow his words, i