Investment & Investing

6% inflation rate

Fuck.

Live footage of me and my flat deposit:

I think a big inflation "correction" is what Michael Burry (of Big Short fame) has been talking about.

It's definitely a risk but let's be honest, no-one knows what'll happen with inflation...

but means we'll all finally get big pay rises right?

... right?

This is where I struggle, what does a big inflation correction mean? is there a nice easy video I can watch or someone spoon feed this dummy?

Seconded, I want to find out how shafted I’m about to get!

Honestly everytime I try and get into it, I give up

Live Nation up nicely from last March.

wish they’d go under

Caveat: I have only vague notions about what some of these words even mean

But I think the idea is that quantitative easing and (consequent?) low interest rates has resulted in massive inflation of asset prices whilst keeping CPI-type measures fairly controlled. And somehow, sooner or later, this money is going to end up in the hands of normal consumers who will spend it all and send prices skyrocketing. I don't know what the mechanism is for that 🤷‍♂️

Interactive Investor is costing me £20 per month and I'm not actively using it to do any investments, etc. It's a pension fund. Is there a cheaper option for someone like me who's just going to let it sit and do whatever?

I could pull it out and stick it all in my PAYE pension I guess but that does put my eggs in one basket and I lose the ability to tweak stuff if that ever takes my fancy.

I guess I'd like a pause option for let's say inactive user that drops fees to £5/month or whatever but that's wishful thinking I guess.

Tl;dr they can’t make KitKats any smaller and reduce the quality any further so now they just have to make them more expensive.

A Redditor posted this yesterday:

last Wednesday the price of gme was at 54$ and i commented on the GME Megathread that if the price of GME reached 100 by the end of the week i would drink my piss. little did i know that when the market closed GME was a 100+.

with the accompanying video of him drinking said liquid. What a time to be alive.

Family member had some saving which could benefit from being in a S&S ISA. Which company is worth looking? They’re not necessarily looking to invest in funds so happy to hold it as cash as been done up to know. Ideally want to get in now before the tax year ends and dump another amount in the new tax year

I’m aware of HL nutmeg and vanguard

Pension question - I want accumulation funds, right?

What reasons would there be to choose a fund that pays income in cash?

(Given that I'm still far away from drawing down from it)

Yes.

None.

What reasons would there be to choose a fund that pays income in cash?

Well actually, I guess it would depend on your circumstances. If for eg you are worried about capital preservation you may have a chunk parked in something low risk, but then move the cash generated into something capable of higher gains.

I need to put some money into my kids isa (Vanguard tracker). Currently thinking with the run over the last year and the March/Easter/Yr end, etc. it might be better to put it all in cash and then buy monthly or bi-weekly.

Any thoughts?

If yes, over how many months would be a sensible number to divide it over?

Depends what you are trying to do. Average out the cost through a crash I assume?

Vanguard did a study that suggested that 2/3 of the time, lump sum beat dollar-cost averaging over 12 months.

GME is way up in pre market again. Another wild ride ahead.

Indeed. I've made my original money back now from my original mistimed go as I cut my losses but then bought back in once it stabalised at $50.

No longer HODL-ing any of it.

Still think a lot of retail investors are going to end up holding the bag at the end of this.

I've chosen income funds only when outside of tax wrappers such as ISAs, LISAs and Pensions because it will likely help when calculating any capital gains (wishful thinking).

Thanks.

cant believe its back to where it was

exciting