Chartered Financial Planner. Failed writer. Still quite Northern. All views independent.

Londinium, England
Joined February 2009
Former Help to Buy victim speaks out.
Replying to @AnaboliclyJelqd
I’m in year 6 of the last help to buy scheme and about to lose £150k on my new build flat I bought for £460k (100,000s others in similar scenarios). Worst decision of my life. Will be a complete car crash.
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Stuart Edwards retweeted
Boring_Business
@BoringBiz_Jan 23
One of the most significant moments from the Trump Davos speech was when he said the quiet part out loud You cannot lower housing costs for young people without destroying millions in wealth for boomers "Every time you make it more affordable for somebody to own a house cheaply, you are actually hurting the value of those houses. I don't want to do anything to hurt the value of their house. If I wanted to crush the housing market, I could do that so fast that people could buy houses. But you would destroy people who already have houses." Our politicians are sacrificing people in their 20s and 30s for the prosperity of boomers Let that sink in
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Stuart Edwards retweeted
obvious point re. the council tax surcharges - the current situation where the most expensive properties pay a pathetic % in tax is not sustainable
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Napoleon's definiton of a military genius was "The man who can do the average thing when everyone else around him is losing his mind." Same in investing.
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Berkshire Hathaway stock is at a record high. Incredible.
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"Men destroy each other during war, themselves during peacetime." @nntaleb
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The stock market in the long-term: Earnings, innovation and cash flows The stock market in the short-term: Vibes, narratives and conflicting emotions
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Trump has quadrupled his net worth in 12 hours with an unregulated commodity and not one major news outlet has even mentioned it. Unfuckingbelievable.
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On this day in 2007: Netflix launched its video streaming service.
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Investment recommendations based on portfolio size: $100K: - low-cost, globally diversified index funds $1M: - low-cost, globally diversified index funds $10M: - low-cost, globally diversified index funds $100M: - low-cost, globally diversified index funds
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The S&P 500 is less than 2% away from all-time highs the day before a Fed decision. Since 1980, there were 20 other times they cut rates within 2% of ATHs. The S&P 500 was higher a year later 20 times.
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Get in there, Lewis 💪 #F1 #AbuDhabiGP
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FearBuck
@FearedBuck3 Dec 2024
just 2 dudes in 2003 not realizing they just made one of the best songs ever xitter.cf/copiumx/status/1863980…
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Huh. UK households as a block are now net RECIPIENTS of interest. Interesting post from @toby_n ft.com/content/6f934666-2a48…
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The S&P 500 just had its best post-election day in history
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ian bremmer
@ianbremmer4 Nov 2024
who europeans would vote for in america’s presidential election, by country:
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A horrible mess for some private school parents who paid fees in advance to try to avoid Labour's VAT hike. And it's entirely the fault of the private schools and their associations. A quick thread on how to avoid VAT successfully, and how the schools didn't..
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The S&P 500 is up 41.5% in the last 12 months.
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The S&P 500 is actually in the middle of a fairly average bull market compared to history. (h/t @callieabost)
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