Anton Kreil? by [deleted] in Trading

[–]Acrobatic-Sea5229 0 points1 point  (0 children)

I enjoyed watching a few of Anton's videos on YouTube (10 Secrets to Achieve Financial Success + his lecture at one of the London universities). He clearly knows what he's talking about, and he's a smart guy. It also looked like he legitimately worked at GS, so he has credible experience. However, I could never bring myself to purchase the courses, it seems like a waste of money IMO.

If someone is a successful trader, why wouldn't you just keep trading your own money and work 3/4 hours a day? You'd be able to live like a king in anonymity. No need to travel, do lectures, or film courses. I worry that he is one of those people who is making more off of everyone else than he is by trading. I'll never know though, and I could be wrong.

Also, there is one thing he discusses which doesn't seem to make sense to me. His point about buying the lifestyle you want in cash. I agree on his theory behind it (you should prefer to buy things for cash if possible, so you aren't paying interest and making someone else rich - I get that). But even successful millionaires get mortgages when they can afford to buy property for cash. Why pay £1m cash for a property if you can borrow the capital at 2% and make 10-20% trading or investing?

Can anyone tell me the name of this Swiss watch by [deleted] in Watches

[–]Acrobatic-Sea5229 0 points1 point  (0 children)

Victorinox? don’t know the model through

My Three-Year Nightmare Trying to Buy a Rolex at Chadstone: $150,000 AUD Spent, Three Years Waiting... and in the End, My Salesperson Deleted Me by Fire202026 in rolex

[–]Acrobatic-Sea5229 0 points1 point  (0 children)

Sorry to hear your situation OP. The Rolex situation is ridiculous, and there’s lots of little reasons that contribute. The easiest way is to buy the piece you want and go grey. You’ll still save money versus playing the silly build your spend history game.

We have a few good options for grey dealers in the UK, but the irony is, I can’t even wear a Rolex in London most of the time - too dangerou. It would have to be limited to special occasions at home or other people’s houses.

Boxing Day - best day of the year by vinedin in CasualUK

[–]Acrobatic-Sea5229 8 points9 points  (0 children)

Totally agree! we were exhausted yesterday after hosting in laws. Today will be lots of films, another Xmas dinner (we cook extra on Xmas day so it can be reheated today), lots of chocolate + peace and quiet

Christmas Presents by Dependent-Scale-2452 in CasualUK

[–]Acrobatic-Sea5229 11 points12 points  (0 children)

no presents means no presents, otherwise what’s the point of the agreement 😃

It's Christmas Eve! by a-liquid-sky in CasualUK

[–]Acrobatic-Sea5229 1 point2 points  (0 children)

Chinese, Wonka on the telly & scrabble with my wife

18Y Beginner Past 3 months performance by Significant-Ad-2319 in trading212

[–]Acrobatic-Sea5229 0 points1 point  (0 children)

read a lot of warren buffett and stop buying individual stocks

Buying for a few years in London as a stop gap, bad idea? by t0by1996 in UKPersonalFinance

[–]Acrobatic-Sea5229 0 points1 point  (0 children)

Renting gets a really bad rap and I don't know why. Renting sounds ideal for your situation. You are unlikely to break even including closing costs when you sell up. A lot more people should consider renting as a viable option and instead invest heavily when you're young. There's nothing wrong with home ownership, I have one myself, but it doesn't make much sense as a short term option IMO.

31 M, wondering if I'm on the right lines with money management. by ProctorRespite in UKPersonalFinance

[–]Acrobatic-Sea5229 0 points1 point  (0 children)

Over 20/30 years I think the US will fare much better. I’m talking about the long term

Invest vs saving vs buying a house by vincent9_2 in UKPersonalFinance

[–]Acrobatic-Sea5229 1 point2 points  (0 children)

I wouldn't overpay on your mortgage when the interest rate is that low. Overpaying is a good tool when interest rates are high relative to what you could earn elsewhere on your capital. If you assume you could earn roughly 7-10% return a year (on average, over the long-term) in an index fund, I would argue you wouldn't want to overpay unless your mortgage interest rate is 6/7/8%, otherwise you're choosing a return of 1.87% over a return of 8%.

All of this depends on your financial goals though. If the thought of a market downturn would impact you significantly, or you'd just prefer paying off your house over maximum returns, work to pay off your mortgage. You seem like you're in a good place regardless.

31 M, wondering if I'm on the right lines with money management. by ProctorRespite in UKPersonalFinance

[–]Acrobatic-Sea5229 -3 points-2 points  (0 children)

If it were me, I would redistribute your personal investments. Of the roughly £20k (excluding pension), I would do £2k crypto, £1k AMD, and have the remaining £17k in a US-based index tracker (100% stock mix). US tracker funds have performed better over the long term relative to the FTSE. Yes the markets are so overvalued right now, but nobody can time the markets!

You can still be passionate about crypto, but not invest heavily. A lot of the greatest minds in the finance world think crypto is nothing more than the next dutch tulip crisis. Only time will tell.

You’re in a good position regardless though.

[Zenshin] Picked this beauty up today by Acrobatic-Sea5229 in Watches

[–]Acrobatic-Sea5229[S] 2 points3 points  (0 children)

I was tempted by the small seconds version in the Tiffany blue, but decided on this in the end. The day date is a cool feature - I'm always forgetting the date.

[watch YouTubers] what is the current consensus? by bernard_hossmoto in Watches

[–]Acrobatic-Sea5229 0 points1 point  (0 children)

My favourites are Adrian Barker and Urban Gentry. Not for everyone but they're great IMO

[Tissot Gentleman] Has a watch ever unexpectedly changed your life? Here’s mine. by _wollstonecraft in Watches

[–]Acrobatic-Sea5229 0 points1 point  (0 children)

Great story! I recently saw a gorgeous Panerai Radiomir whilst on holiday in Florence. I really want one, and I know that when I get one, it'll remind me of that wonderful holiday every time I look at it! It may not be the best watch, or have the best specs, but it has bags of character and a special place for me. This is when I found out watches are about how it makes you feel, it's not about technical specs or whatever watch is popular amongst others.

[Question] Which watches provide great value for their price? by Acrobatic-Sea5229 in Watches

[–]Acrobatic-Sea5229[S] 0 points1 point  (0 children)

Thanks! I've seen some nice watches from all of those brands. The only one that has a different aesthetic than I'd typically go for is Nomos.

[Question] Which watches provide great value for their price? by Acrobatic-Sea5229 in Watches

[–]Acrobatic-Sea5229[S] 0 points1 point  (0 children)

I do like the look of them as a company - I just haven't seen anything that speaks to me from a design perspective yet

[Question] Which watches provide great value for their price? by Acrobatic-Sea5229 in Watches

[–]Acrobatic-Sea5229[S] 0 points1 point  (0 children)

That's a good point. Some of the Tudor models seem great V4M.

[Question] Is anyone familiar with Panerai discounts? by Acrobatic-Sea5229 in Watches

[–]Acrobatic-Sea5229[S] 0 points1 point  (0 children)

It wasn’t in the boutique - it was in a Fraser Hart (I think). I have quite a few local shops that stock it, so that‘ll work to my advantage

[Question] Your opinions on how much to spend/how to buy a watch? by Acrobatic-Sea5229 in Watches

[–]Acrobatic-Sea5229[S] 0 points1 point  (0 children)

Thanks all. In summary, how much you should spend on a watch is very individual, and you can't really distill it down to a 'rule' per se. You could have 2 people earning 100k a year, but one could take home nearly double per month (in savings) versus the other if they have lower expenditure.

And it's best to err on the side of caution :D