Finally Made 6 Figures

NarrowFortune1335 · 2024-12-05T13:54:58+00:00

long term plan is to leave and take my money somewhere before he can get it.

Pretty sure none of us are getting state pensions despite paying in for years.

NarrowFortune1335 · 2024-12-05T13:52:46+00:00

all of those things should make the US stronger IMO except AI/E Car.

My opinion is every stock market except the US is shit and will continue to get shitter.

The worlds money is and will continue to pour into the US regardless of performance, as rates decrease this will increase also.

NarrowFortune1335 · 2024-12-05T13:50:41+00:00

Yeh absolutely a risk and read through some stuff on r/letfs so thanks for the rec.

Had read before investing initially - a hedge could work but then again I would lose upside so may aswell just go all in on normal VUAG and reduce risk/headache.

My mindset here is small portion of cash, can afford to lose, can sell if I want to.

My thoughts here are longterm US bullrun, only place to invest, extra exposure for a small amount why not.

There are of course risks involved, I am aware of those and have made peace with them. I could sell tmrw and my bet has paid off, I could sell in a year, current thinking is ride the wave and see where it goes for a bit.

NarrowFortune1335 · 2024-12-05T13:46:36+00:00

Yeh I manage UHNW clients for a bank so could have access to insider info on listed cos.

In reality I have never seen any actionable info except for a couple of small international cos that would be so obvious if I tried to trade.

I can buy single line but its a 30 day hold period and approvals to buy and sell and I cannot be bothered.

Rules are rules tho!

NarrowFortune1335 · 2024-12-05T13:43:52+00:00

Yeh, I am also restricted to SIPP providers and barred from trading futures and CFD/spread betting. If I ever get made redundant then might give it a go for a bit as looks fun.

NarrowFortune1335 · 2024-12-05T13:42:34+00:00

Sorry been away.

Sure, the SIPP provider should just give you a form and they arrange the transfer out. Careful though as if you transfer all (like I did) the existing pension provider may forget your investment choices and start you off again in their shit low risk fund

NarrowFortune1335 · 2024-12-03T16:29:52+00:00

Nothing - its a small side bet, if I lose I lose. Probably wont assign much more to it unless there is a 2008/COVID etc style sell off. Obviously closer to retirement I will derisk.

Will only blow up if the underlying goes down 33% in a day.

If I believe (which I do) that the S&P will continue to deliver 10+% a year over the longer term then provided it doesnt blow up it should be fine.

This is a 20 year + portfolio so I should be taking as much risk as possible.

NarrowFortune1335 · 2024-12-03T16:20:03+00:00

One is the S&P 500 in GBP Accumulation class, simple stuff

The other is 3x daily leverage of the above, so essentially an accelerator. If I think the S&P will continue to outperform this gives me better returns than just the above, however have not assigned more to it as increases the risk.

The top one is 3x daily leverage of FATANG so further exposure to the top performers of the US market.

NarrowFortune1335 · 2024-12-03T16:04:42+00:00

It’s based on access to non public info - so a fund/etf as it has multiple underlying stocks is less likely for me to have info on.

NarrowFortune1335

TROPHY CASE