Investment & Investing

RIP my flat deposit.

Invest in Shimano GRX, guaranteed returns (have a look on ebay, FB Marketplace)

I'm an ethical investor so GRX is banned until they add a ≤38t chainring

In the future it may buy you one rice grain

Are we doomed? I mean, ultimately yes. But is it bad times again?

Fuck knows. I'm sure if you are a white middle class home owner with a cushy job you'll be just fine.

Everyone else though, FUCKED.

Kidding.

Or am I?

We're all fucked.

What’s going on? is the world going under without anyone telling me?

it's a race to see which comes first, state owned currency becoming worthless or the ice caps fully melting and drowning us all.

state owned currency becoming worthless or the ice caps fully melting and drowning us all thanks to the energy requirements of digital currencies designed to sidestep state owned currencies becoming worthless.

yeah but my TwatCoin prices...

Least you can sell it and buy a liferaft

I've not heard of that one, it must be pre-IPO

Inflation is actually good. Just not too much of it.

good for who, though?

It's good if your borrowings outweigh your savings...

I know...that's why central banks have a target that isn't zero :)

It's problematic when wages aren't rising and when you can't control it with interest rates, less you fuck a load of people over on variable rate loans.

I have a 30/46T Ethical?

Reasons why inflation is good https://society.robinsloan.com/archive/defending-inflation/

Not enough people are talking about declining insect populations. Did you know the sum biomass of ants on earth is larger than the sum biomass of humans? Now imagine flies, moths, mozzies, bees, all these amazing weird creatures that aren’t cute enough to hold our attention, but are critical to earths ecosystems and our food supply (pollination). And their numbers are dwindling.

I suspect it’s the atmosphere slowly decreasing in life-sustaining qualities... but it’s probably not, with all the other stuff we’re letting corporations do to the planet.

As far as I can tell, almost everyone has to agree that printing money isn't the bogeyman that it was once made out to be. The evidence is somewhat overwhelming. So I'm not sure who or what that article is arguing against.

Not enough people are talking about declining insect populations

true. had a talk from some professor at work on the subject and it is truly alarming; the pace at which numbers are falling - especially in the past 10-20 years is insane. yet people still get fucking astroturf installed in their gardens

https://www.thetimes.co.uk/article/jp-morgan-buys-nutmeg-for-700m-s7xjsfrlx

Very happy with my first Crowdcube punt 😊 🚀

Nice, roughly tripled your money?
I have a bit invested in Chip. Still a fair bit smaller than Nutmeg were when they did their raise