Member Info for Sparkythecat

IITK

Succinctly put.👍

Yeah Svend, that's what I meant, but I couldn't find the words. Well, I could be it was too hot to type them out. Better have a rest now as it getting too hot again. 🤣

Up to 1270, so far okay

"If you don't realise that you are more stupid than Svend which isa tough act to follow."

You're the one that professed that the oil price dictates the RR share price.

THANK YOU FOR YOUR ATTENTION IN THIS MATTER. StC 👍

Should be "too" not "to"

Hung by my own petard 🤣

Mutually exclusive may be an incorrect terminology for me to use. Can't think of the correct terms as its to hot to sit racking my little brain about it.

No answers by request - sit back and enjoy the lovely weather.

Trello

I failed in making my question rhetoric. At this point in time both prices are responding to the same geopolitical driver - the Middle East situation - not each other. As you say,RR has many drivers which do not influence the price of oil so the prices are mutually exclusive.

It is a rhetoric argument 😀

Just asking for a friend

So what happens when the oil pricebconverges to a steady state price? Do we all sell up RR shares as the RR SP will stop raising? Looking at the recent past that will be $60 and £14 respectively.

Or is there a fault in my logic ?🤔

Apologies to forum members to which this post is of no interest whatsoever.

I started in Swans in '72 as a 16 year old; left in '85. I moved to Derby to join RR and planned to stop just a couple of years. Then I look up and its 2021, I'm 65 and giving my retirement speech.

Shows what can happen when you don't pay attention 🤣🤣🤣

Apologies again.

Shame it isn't open as by tomorrow the orange one will have changed his mind again and everything will dropped.

Arewehappy

Another Shields lad on this forum. Glad to meet you. Born and bred in SS

Goldfinger77

🤝👍

Goldfinger77

I started my working life at 16 years old in a Tyneside shipyard installing cargo pipes on supertankers in build. Summer was okay, but at 7 am in the morning in the middle of winter it isn't a picnic site on the banks of the Tyne.

Dixon (Cev)

All depends upon how old you are. At 70 years old I don't need any financial excitement so I went for diversity as I'm too old to ride out a major market correction.

When I retired from RR I split my pension pot into 3. 1 pot taken as annual pension from RR. The remainder was deposited into a number of funds through a wealth managememt firm, there is a 70/30 bias towards equities. Funds such as

Fidelity Index World P in GBP

Dimensional Ultra Short Fixed Income Fund GBP Accumulation

Global Total Return Bond (GBP Hdg) Fund C Acc Vanguard Global Short-Term Corporate Bond Index Fund GBP Hedged Acc

Vanguard Global Short-Term Bond Index Fund GBP Hedged Acc

Dimensional Global Core Equity Fund GBP Accumulation

Vanguard Global Bond Index Fund GBP Hedged Vanguard Global Equity Income Fund A GBP Acc

iShares MSCI World Quality Dividend UCITS ETF USD 4 Dimensional Global Value Fund GBP Accumulation

And others.

I pay for the fund management of the SIPP so I don't have to worry my pretty little head with it.

During the current calendar year the return has been 7.5% (82k after fees)

My IFA did mention pension insurance annuities and trust funds. We decided to put those suggestions to one side until I'm 75. At 75 the tax laws change.

I get my kicks from my stocks and shares ISA. At the moment that is a bit weighty at 70% of my SIPP value, so I'm looking to slim it down as I don't need to take the risks. I don't know when I'll do it (fomo kicking in I guess)

So hopefully 2 state pensions, 1 reduced RR pension, SIPP funds, cash ISAs, with profit bonds and premium bonds (yep, those as well) makes us pretty bullet proof, I hope. But you never can tell, I've seen a lot of market downturn over the years.

My strategy may be a bit boring, but we worked hard for our money and dont want to take too much risk with it, not at our ages.

Best of luck in your investments

A tax rate of 1.6%.

If a party included that in their manifesto they would get my vote (and the missus's vote)

Reminded me of a song

https://youtu.be/bwVVpwBKUp0?si=uho4jZ2ZCUzyLK5i

I think confluence was just picking up on the latest report that in Britain the incidences of skin melanoma are increasing alarmingly. The post may have come over as crass to some, but I think on such a hot and sunny weekend the message came from a good place.

As a "Ginger" I spend most of the time during the summer months slapping on the sunscreen and wearing hats. Recently my optician has advised the I should wear sunglasses as sunshine can promote cataracts.

Never the less have a great weekend all. We'll come back on Tuesday and do it all again, only better.

Sorry, i should definitely do my editorial checks before hitting the "post" button.

Although it doesn't detail the engine choice it is stated thatEurope is looking to distance itself fir the USA. Hence, RR would fit the vill.

https://share.google/5rtVFEpLTmG5mOQKD

But to Sparky, it seems that people like you can only come up with one suggestion, is it brain leak?

You're the one speaking hate. Enough, end of conversation from me.