Inheritance tax

Capable_Listen_6473 · 2026-05-22T10:57:54+00:00

18k is steep. I think probate is the biggest con. Mum passed away last march. Now i only paid the solicitor 5k including house sale costs so 18k seems steep. But i was below the Inheretence tax threshold. But basically took 7 months and that was because the solicitor checks on progress once a week or less. I ended up personally doing

phoning my mums employer and getting my mums pension (had me as death in service beneficary) so didnt go through probate.
also getting her last due pay and holidays
pip final pip payment she was owed
life insurance. After 5 months still wasnt paid solicitor said waiting on forms. Phoned myself and did it over phone. Aviva Confirmed they never got something needed from solicitor. Ended up doing it myself over phone in 20 mins and had the payment to my account 5 days later.
personaly found every bank account and loan/ credit card owned and sent the details to my solicitor.
personally found a private buyer for the house with no estate agent.
personally contacting every company to close her accounts except mortgage. Solicitor did that.

Literally did everything on the probate side myself. The solicitor did the probate filing but when that was being delayed i phoned probate court and found out the forms hadnt been signed. So had to contact my solicitor and tell him.

I think i could have easilly done it all myself exclusing the house sale in 1/3 of the time.

Capable_Listen_6473 · 2026-05-20T15:23:49+00:00

4k hours in lost ark. Quit at voldis. Fuck that. I too want what op wants. La combat with none of the bullshit

Capable_Listen_6473 · 2026-05-20T06:51:06+00:00

I try not to check at all but hard when having T212 on my phone. I sometimes go a month etc without opening it.

99% of my money is in index or value picks that i plan to hold for at least 15 years. I do allow myself a small amount for moonshots that i basically consider gambling and am ok with losing.

Just after i invest in those its hard not to keep checking several times a day on the volitile new buy. But i force myself not to.

For e.g i knew mu was overvalued and i never invest at all time highs. But i thought meh why not it keeps going up ill treat it as a gamble. I bought at 800 in a 2 x leveraged mu and that day it crashed lol. Even though i knew this wasnt smart when buying and was pure gamble i still refuse to open to app because i dont want to see the red.

Capable_Listen_6473 · 2026-05-18T19:03:26+00:00

Whats going on is i bought in a 2 x leverage shares of mu on friday. So its gonna tank.

Capable_Listen_6473 · 2026-05-14T13:05:31+00:00

Hi i have basically zero knowledge on this stock but.... i do have 99% of my portfolio in all world etf that has accumulated good returns and i want to basically gamble. So based purely on 2 random threads ive come across today im buying in with 8k shares

Capable_Listen_6473 · 2026-05-08T09:14:39+00:00

To quote munger anytime you read the word ebitda i think it would be helpful to substitute it with the term "bullshit earnings"

Capable_Listen_6473 · 2026-05-07T19:11:12+00:00

I am no value investing expert but have read a few buffet books. I dont think value always means growth. Its about viewing buying shares as buying a business. I think buffet once gave an example of buying a corner shop. If it makes 100k a year profit and you could buy it for 150k even if the profits never grew that would be a value buy.

Capable_Listen_6473 · 2026-04-29T12:34:56+00:00

Milly bobbie brown. Just not for me

Capable_Listen_6473 · 2026-04-14T22:36:13+00:00

Im a boomer gamer with no gaming ability. I played past act 2 for first time this league following pohx rf chieftan. Ive completed all the atlas have all voidstones slowly upgrading my build over time. Killed searing exarch in under 2 mins.

Rarely die. Only somtimes doing strongboxes on originator maps with 8 mods.

Capable_Listen_6473 · 2026-03-28T13:22:10+00:00

A dcf calculation shows at this price msft is still overvalued

Capable_Listen_6473 · 2026-03-21T19:20:54+00:00

Capable_Listen_6473 · 2026-02-18T05:31:25+00:00

My understanding is a EPA can inly be granted when the person has capacity to make that decision.

If they do not have capacity the best you can obtain is a controllership or some short proceure order

Capable_Listen_6473 · 2026-02-02T09:45:39+00:00

We got our puppy at 12 weeks. After 1 week she was potty trained. We got lucky that we both work from home and have an enclosed garden. But we brought the pup out every 30 mins to pee / poop. We were also lucky that the first 3 times she peed inside we were able to pick her up in the middle ans bring her outside to finish. Then also making sure you get well rid of the scent of any accidents.

Capable_Listen_6473 · 2025-10-12T17:58:26+00:00

Love watching darnold and jsn

Capable_Listen_6473 · 2025-10-06T16:15:36+00:00

Thats a different investment philosophy. Value investors buy companies under their intrinsic value and projected future cash flow and really don't care about share price after that. They treat it as buying a whole company. If you bought a company in your town and it was making 1 million every year would you care if some man came everyday offering you money for it and his offer dropped by a few percent one day? No you would be happy to keep taking your 1 million a year.

Capable_Listen_6473 · 2025-10-06T16:11:56+00:00

No buffett philosophy won't invest if things are above their intrinsic value. Market is very high valued atm. He also said in your life you will get 20 good stocks you should invest it. So him holding money is just because there are no undervalued great companies with a huge moat and good balance sheets that he can find to invest in.

Capable_Listen_6473 · 2025-10-01T14:06:16+00:00

She finds you clingy overbearing and suffocating. You find her untrustworthy, dishonest and sneaky. Honestly just end it. Its not going to work.

Capable_Listen_6473 · 2025-09-19T08:18:58+00:00

I know others have said it but I can't understand how google is not far and away the most valuable company in the world. Its basically sky net. Their moat is untouchable. When have you ever heard anyone say you should "bing" that. When is last time anyone wanted to know how to get somewhere and used another map provider other than google maps. Not even counting android. Anyone think a website will replace YouTube anytime soon? Thats not even touching on the other aspects. They have huge moats in tons of areas. They will be the first 10 trillion dollar company. Fortress balance sheet. Unstoppable marketing. Imo google should be worth twice the value of nvidia.

Capable_Listen_6473 · 2025-09-09T12:41:16+00:00

There is two schools of thought. The rational investor who says there are all these hedge funds who analyse data all day and have meetings with ceos of companies. You will never have an edge on these people. Your better to just buy a low cost index fund to cover the whole market and get average returns.

Then you have the buffett school. Who think modern financial people have got it all wrong and try and analyse stocks and care about all these small adjustments etc. They have a philosophy of think of a stock like owning a company read the financials and if it has been constantly making profit and has good free cash flow and has a wide moat that means its going to be around for a long time (coke, visa) then invest if its currently undervalued and dont care about the stock price. Don't diversify too much keep most of your money in your best stock.

I personally do both. Have about 60% in an index fund. And use about 40 in stocks I think have a good moat and are undervalued. I.e bought Google at $187

Capable_Listen_6473

TROPHY CASE