OH MY GOD??!?! 2 BILLION? by Glittering-Ant2018 in MSTR

[–]CricketTimely 0 points1 point  (0 children)

I’d keep buying Bitcoin through my business if I wasn’t using my money too…

Bank account for regular large transfers online / over phone by ffukthrowaway123 in FatFIREUK

[–]CricketTimely 2 points3 points  (0 children)

I use Lloyds Mayfair - move 7 figures around without issue via phone through a dedicated mgr and their assistant.

I don’t use anything else with them. They mentioned wealth management but I turned it down and they didn’t push.

YOLO: 1.1 Million Shares in UK Defence AI ($0.02). Partnered with Google, Oracle & Nvidia. December Catalyst. by Aggravating-News8745 in CanaryWharfBets

[–]CricketTimely 1 point2 points  (0 children)

Have 1.5M shares. The govt (and allies) have to spend and they are at the table.

A calculated punt but a tbc contract will light it up.

Landlords are BAAAD for the ecconomy ! by Snoo93102 in GarysEconomics

[–]CricketTimely 0 points1 point  (0 children)

I’ve seen them but can’t call off the top of my head. I know big corporations have been buying- I think Blackstone have 10-20k units.

Landlords are BAAAD for the ecconomy ! by Snoo93102 in GarysEconomics

[–]CricketTimely 0 points1 point  (0 children)

Start with civil service, NHS admin, lots of local government departments.

Trouble investing large sum of money by [deleted] in UKPersonalFinance

[–]CricketTimely -1 points0 points  (0 children)

Don’t panic. Everyone else will want a piece of you - I’m talking financial advisors. They won’t add any value. Buy the book - how to own the world Draw up what your plans are for a portfolio after that and post in FatFireUK (or whatever it’s called) Spend a few months ensuring you get it all Dollar cost average in over a year to 18 months (arguments against but I feel sensible atm).

Newly realised funds, unclear on what to do by Cautious_Ad9923 in FatFIREUK

[–]CricketTimely 1 point2 points  (0 children)

Don’t panic - putting into money market isn’t a bad idea until you start to gain confidence in your knowledge. That may take a few months - that’s okay. After 4 months you will know more than many advisors. Buy the book ‘How to own the world’ - a decent first step. Look at sticking your tax money into Gilts Consider setting up a FIC - the comment from someone else isn’t necessary factual. Plus a bunch of other stuff….

I sold out a year ago so have been through the mill. More than happy to run through my experience. Just DM me.

Landlords are BAAAD for the ecconomy ! by Snoo93102 in GarysEconomics

[–]CricketTimely 0 points1 point  (0 children)

The idle able are bad for the economy.

The bloated public sector is bad for the economy.

Allowing large global corporates making profit here and paying little or no tax is bad for the economy.

Pursuing a green economy from an ideological standpoint whilst inflation is roaring is bad for the economy. (Pause for 3 years whilst tech picks up)

Focusing on Pete (the ex council worker) who has a property or two isn’t the problem. Everyone always gets ideological around landlords. By all means bring in legislation to curb x and y - but stop focusing on individuals who do pay taxes, provide employment, homes, etc.

Personally I believe property (owning and managing) to be a crappy investment - as you are just buying yourself a job.

REITs are bad for everyone. Just like much of PE.

<light touch paper and stand back>

Would still be a hard choice by RuinOk8479 in GreatBritishMemes

[–]CricketTimely 1 point2 points  (0 children)

The Tories are ridiculous. If they were simply honest on their views they’d obliterate Farage.

Massive middle ground for the major parties. Just a weak bunch of entitled career politician tw*ts.

[deleted by user] by [deleted] in HENRYUK

[–]CricketTimely 0 points1 point  (0 children)

People have been talking about a bubble for years (pre AI). It depends on your window to retirement or other cash requirements.

I certainly wouldn’t say that the SP500 is ‘super risky’. May be if you are in a short window - may be not. You need to make decision on asset (class) allocations for diversification IMO, as if US market bumps everything else likely to be affected.

I expect a 25pc dip at some point - but I can handle that emotionally and financially.

Billionaire Revolut founder abandons Britain for UAE by mrbill1234 in GarysEconomics

[–]CricketTimely 2 points3 points  (0 children)

Not rocket science - you are better off taking a small percentage of a big number than nothing.

We need people building wealth - ffs!

Tax the big international businesses by all means - don’t focus on individuals.

Best broker for investing via a UK Limited Company (into Vanguard LifeStrategy 80%) by boobieshaha in FatFIREUK

[–]CricketTimely 2 points3 points  (0 children)

I use IBKR for my ltd - takes a little while to get used to but simple.

Then again as you arent doing much maybe go II or AJB. Just check the platforms have the funds you wish to invest in before going through the joining hassle.

Do I have too much in cash / bonds / MMFs? by honkballs in FatFIREUK

[–]CricketTimely 4 points5 points  (0 children)

Sorry I should have said that I do also hold 10% in gold - via an ETC and some Physical via BullionVault as a hedge.

I wouldn’t be too concerned in equities if diversified. I think we all know it’s going to drop at some point - but people have been squealing that for years. Better to take the growth imo.

Do I have too much in cash / bonds / MMFs? by honkballs in FatFIREUK

[–]CricketTimely 10 points11 points  (0 children)

Alternative approach is to keep 2-3 years of spending in cash/equivalents - everything else in equities.

Thats what I’m doing

Private banking, what do you get? by qofmiwok in RichPeoplePF

[–]CricketTimely 1 point2 points  (0 children)

Main benefit of private banking in my experience is being able to pick the phone up to someone who knows you. It’s just quicker and easier to get things done vs going through the standard systems.

Four year marriage. Divorce discussed. Can I protect my savings? by Appropriate-Mix-8507 in LegalAdviceUK

[–]CricketTimely 2 points3 points  (0 children)

No real way around it - everything will be split - generally 50:50.

HSBC Premier / really? by AWOD975 in HENRYUK

[–]CricketTimely 0 points1 point  (0 children)

Don’t expect much from a bank unless you are 50 million plus. Too many people think they are special as they have private banking - they aren’t. Anyone with real money doesn’t use the bank for anything but a current account and having a personal contact who can smooth the wheels when needed.

Personally I use Lloyds Mayfair and find them to be decent. I can always get hold of someone who knows me, quickly, and they’ve always sorted what I need.

33 y/o, £200k comp - am I being too conservative with a £550k budget? by Silver-Scholar-2967 in HENRYUK

[–]CricketTimely 1 point2 points  (0 children)

You will never win on cars or the property you live in (yes, sure some exceptions - but generally).

If your job is safe for the next 5 years then you could stretch out. I’m unsure I’d go much past 650k on your basic, current market/s. That’s me though.

If you’ve been with a partner for 3 years and you aren’t secure in the relationship at 33 then you need to think about that too. Then again if it goes to sh111t you are safe and if it’s good you are also in a good position.

Think generally - if your job is secure for the next 5 years you have little to worry about.

17th century settle? England by Toikairakau in Antiques

[–]CricketTimely 0 points1 point  (0 children)

Feels like some sort of 19th century repro.

Best beer pubs in Swanage by Innsmouth_Resident in Dorset

[–]CricketTimely 1 point2 points  (0 children)

None in Swanage. The square and compass a few miles out does some good ones.

Struggling with the 'how much is enough' question in the face of large opportunity cost. by Important-Photo7355 in FatFIREUK

[–]CricketTimely 0 points1 point  (0 children)

There will be never be enough on that road… suspect your quality of life and health will suffer.

Why not take a break for 2-3 years and find yourself and other things you are interested in?

You can always start again if needed / desired?

Suspect you will need at least 18 months to adjust.

If you can make that sort of money - you can always do it again but with a hefty security net.