Madame Spin bought a house. She rented it out for four years and then sold it. Paid the captal gains tax and trousered a tidy pile. I have risked the same and made much much less. Now she says I am a mug!!
I bought into JLEN last year. I am worried that if the wind and solar are taxed there will be the same dumped on storage. This tax has made me consider why I invest in anything. Get it right get taxed. Get it wrong and lose your shirt. Will think about it over the weekend.
Pays to have a crystal ball... This was bound to happen. Next we can expect a summer of discontent. Railway will cause grief. Fed says interest rates will be raise so dollar will strengthen and pound will weaken. Enquest stands to win out but mortgage payers will need their energy lump sum to pay it. Just stood in a super market queue and watched while a couple questioned the price of the bags. They then order two more expensive ones and emptied the paper ones while the queue just disappeared in to the distance. T my amazement they then spent two minutes checking the receipt before cancelling the bags and transferring to the paper ones. I was going to just abandon my trolley and walk out!! Cashier in the garage said people are filling up and putting in five quids worth!!
Think there is some panic appearing here. Why?? What else can you invest in? Just a question of waiting to see what happens over the next few weeks. If Putrid advances quickly the price of oil will just rocket and the Eurpean countries will all start to squabble. Countries who rely on Ukraine for food will all be in trouble and our beloved leaders will have to think again. I am sure you can fire a assault rifle from a wheelchair.. Sit back and guess how much the fed will raise interest rates!!
I am already down the pan for more than the household bung!! Just glad I sold a third of my shares on Tuesday and until the dust settles I shall not replace them. There has to be a drop in the Uk standard of living because for many it is too high. For years too many have just ignored the future and spent and borrowed. Now when it is payback time they are all whingeing. My beloved has made thousands out of property. Sitting in cash now is no problem for her.Me who dabbles in the stock market have been proved to be a mug. I should have got into property too!! Oh well moan over... Patience. Back to sticking pins in my little Putrid doll...
Enquest plans wave of investment for N Sea. This year to be busiest yet. Plans for Shetlland. Carbon capture. Three extra wells for Magnus. Partner for Bressay.... Production to be held at around present level. Malaysia the same.