In other news, I idly wondered how much a couple of Tera bytes of SSD drive currently is. WTF?!! Sure I paid about £80 a couple of years ago. Gonna have to cull some of my Lightroom content 🤣

Added £10k of #CVCG in Income ISA on recent weakness. Full position now of ~44k given its relatively small size. Wondering when they're gonna come after the ~36k p.a. of unearned income 🤔 You can only play the regulations in front of you!

Serendipity meant I was at my desk when #OCI RNS hit so trimmed back £11k again on the spike. Increasingly nervous of all equities and in particular PE so as this doesn't pay a divi, the income ISA can benefit from the reallocation.

Daily agile retail price over 11p now. It was ~2.5p during Covid 19 IIRC

Jan Rosenow@janrosenow.bsky.social · 2w ago

EU gas is above €90/MWh, its highest since Dec 2022. Brent is above $115, its highest since June 2022. The EU has already paid €100bn+ extra for oil and gas since Hormuz closed. Not one extra molecule. Best defence: electrify. janrosenow.substack.com/p/europes-be...

The most polite accusations I've seen yet - "uneducated and peevish" 🤣

hawksland.bsky.social@hawksland.bsky.social · 2w ago

And Iran never had a bomb. Obama’s JCPOA was working. Uneducated, peevish Trump tore it up.

Great to hear Phil Oakley once more, despite missing @htviolaheir.bsky.social Can't agree more with the sentiment behind not being able to take a divi back 👍

@conkers3.bsky.social · 4w ago

#TWINPETESINVESTING Podcast 189🔥With Phil Oakley: Resilient quality shares that could outperform volatile markets. #LGEN #AV. #MNG #CNA #BONDS #Dividends $PM $NVDA Anthropic & more. youtu.be/zh5G9MUcScI?si=ajo6UdzaMar5hxYU open.spotify.com/episode/38DKsdo6KjwCsqB3riGVAA?si=r705iJ3GR_2mltYsEKqyhQ

I don't know how much these policy wonks get paid (A: too much), but these outcomes are so obvious. Always irked by the IHT obsession with housing - why not let people choose which assets to leave under a general NRB? Never gonna happen, bit like a Badenoch government.

Dan Neidle@danneidle.bsky.social · last mo.

Kemi Badenoch wants to exempt the family home from inheritance tax. But that creates a perverse incentive for elderly people to *upsize* to save IHT. That could double the cost of the policy, and push £100bn+ from savings into housing. A 🧵 on bad tax cuts.

Surely no sane (ex-)ally is gonna conclude that voting for drump TWICE has been a mere 1-off, never-to-be-repeated aberration? It has been enlightening to discover that as a nation the price of fuel seems to be top of their priorities though 🤔

Sam Freedman@samfr.bsky.social · last mo.

A Democratic sweep is looking ever more likely. In this weekend's post I looked at what it would mean for US and global politics. samf.substack.com/p/what-happe...

Added £10k to TR Property #TRY (European exposure). Hoping the discount to the discounted holdings provides some sort of buffer whilst picking up >5% yield. Got burnt with #EBOX story of high replacement costs being a barrier so 🤞the rent indexation elements work. Total £60k now.

Lots of sound commentary from Charlie contributing to another great pod! 🙏

@conkers3.bsky.social · 3mo ago

🔥 #TWINPETESINVESTING #Podcast 186. A QUALITY INVESTING MASTERCLASS w/ former Fund Manager, Charlie Huggins🌟 #NXT #CPG $COST #DGE #BNZL $BRK #SPX $AMZN #ULVR #JET2 $NKE conkers3.com/twin-petes-i... youtu.be/ZFkv9VmF0Uw?... open.spotify.com/episode/2j6C... podcasts.apple.com/gb/podcast/t...

Thrown £10k at #RESI in the SIPP at ~8p (to bump it up to 12k). Hoping they sell remaining illiquid assets at more than 30% of book (~33p). Asset Value Investors increased to a substantial ~20% holding. Can afford to wait and don't need any divis. Risk is the wind-down costs.

Allocated 20k to #CVCG in the income ISA a couple of weeks ago and exited 15k #BPCR today. Discount has narrowed and not too keen on the dollar exposure. Wouldn't normally worry about currency risk (all out in the wash) but, well, Trump and $40Trillion 🤔

Some of you in the UK may not remember rain as an actual thing. Reporting from Yorkshire, I am pleased to say that it does still exist and is making increasingly frequent appearances.

Added 15k each of #CREI and #MGCI to our income ISAs. Fully maxxed on both now. I'll welcome any recommendations for any reasonable R-R income (6%+) funds to sit alongside these. High income facilitates gifting out of regular income divis as we wind SIPPs down...

#LIVE shares landed. Been looking at deal, partially with AI help(?!). £92m long term (2043) debt taken on offsets refi of the rest at 2.74 over next 7 yrs. Refi at 5% knocks 1.51 off EPS.

The Reluctant Investor@thereluctantinv.bsky.social · 4mo ago

Just wondering if any holders of #RESI have received their allocation of #LIVE shares on any platform? My HL SIPP has nothing showing!

Diamond of an episode guys, loved Wayne's stories for both their entertainment value AND educational re trading. Sorry I can't make this year's Investor Summit but if it's half as good as last year's it'll be worth the ticket price. 👍🙏

@conkers3.bsky.social · 4mo ago

🔥 #TWINPETESINVESTING #Podcast 184: Commodities, FX trading & Stocks #Investing with 🌟guest, former Market Maker, Wayne Grossman DipPFS🌟 www.conkers3.com/twin-petes-i... 🎟️ investorsummit.co.uk/tickets 🎟️ youtu.be/Hz3KGOV-tcc?... open.spotify.com/episode/6whN... podcasts.apple.com/gb/podcast/t...

It must be exhausting putting up with this day after day. But then again, he got voted in TWICE FFS....

Aaron Rupar@atrupar.com · 4mo ago

Trump: "I owned the Miss Universe pageant. And Miss Venezuela always did very well in that pageant. So I know something about the country."

Sliced another £3k from #SDLF back to 20k I know the "let your winners run" mantra, but single-company risk and "always leave something for the next person" are also things. Have a good weekend everyone 🎉

The Reluctant Investor@thereluctantinv.bsky.social · 5mo ago

It's been somewhat liberating to leave the PFs alone for a while. Lumped another 25k into RL xtra yield fund in SIPP a few weeks back. Just top-sliced 5k of #SDLF back to 20k in income ISA, mainly due to not liking >20k in a single company.

Just wondering if any holders of #RESI have received their allocation of #LIVE shares on any platform? My HL SIPP has nothing showing!

Exited #THRL in Mrs RI's SIPP after 6 years of holding. Could do an (index linkedish) job when SIPP was for income, but running it down to zero now - may add to #TRY for some capital growth in same sector. That can wait until after the usual Friday Iran shenanigans...

It's easy to get the impression on here that the US is now a 24/7 remake of The Purge run by a pirate 🏴‍☠️ 🤔

Not sure how anecdotal this experience is, but it feels like I see a lot of exhortations to book van-sites etc... over the peak summer period. Pub at Maesbury Marsh commented how quiet it all was (poss due to canal subsidence). Everywhere just feels quiet 🤔

Bit rushed on the H1 totals as mid van-trips but Q2 was + ~5.9% and YTD at ~+3.2%. Here's a bonus puffin pic from Bempton in May!

Trimmed #MNG back £3.5k to £20k last week in the Income ISA for the same reason. Like the momentum since Dai Chiri's completion of a 15% stake.

The Reluctant Investor@thereluctantinv.bsky.social · 5mo ago

It's been somewhat liberating to leave the PFs alone for a while. Lumped another 25k into RL xtra yield fund in SIPP a few weeks back. Just top-sliced 5k of #SDLF back to 20k in income ISA, mainly due to not liking >20k in a single company.

Sold 10k of #BERI and 20k of #BRWM to go underweight commodity-related equities so I'm sure they'll fly again from here. Sitting on yet more cash(-like) holdings...

Not many people seem to know the commercial RE market like MP-M and worth a listen. #TRY is a core property holding for the pf. He also name checks Richard Shepherd of my other favourite #CREI

Money Makers@money-makers.co · 5mo ago

TR Property’s yield - Marcus Phayre-Mudge on the Money Makers Podcast youtube.com/shorts/a4R4U... #MoneyMakers #InvestmentTrusts #Podcast #MarcusPhayreMudge #TRProperty

Been scratching the AI surface to expand my invstmnt candidates: 1) AI is sometimes plain wrong like presenting wrong ticker 2) Will sometimes only admit to an error when pushed I can check output but in a subject I don't know, it's potentially worse than useless until I know the prompt to use 🤔

It's been somewhat liberating to leave the PFs alone for a while. Lumped another 25k into RL xtra yield fund in SIPP a few weeks back. Just top-sliced 5k of #SDLF back to 20k in income ISA, mainly due to not liking >20k in a single company.

Desperately trying to speak to someone at Lloyds Bank re credit card fraud on mother's account and "all departments closed for the BH" is all I'm getting 😡