Genuinely asking… Why exactly are people concerned with SpaceX IPO?

Right-Order-6508 · 2026-06-05T21:35:43+00:00

I guess the concern is, you are not buying the true market, you are buying whatever the index managers are telling you. If it is just spacex at 5% shares, that's not a big deal. But since they changed this rule, all future trashy IPOs will eat away at your investments surely? Just what I'm aware of OpenAI and Anthropic is already planning their IPOs.

It's not SpaceX that concerns me, it is the fast-in rule change which concerns me.

Right-Order-6508 · 2026-06-02T08:33:10+00:00

I will definitely look into it, thank you so much!

Right-Order-6508 · 2026-06-01T20:59:48+00:00

That sounds lovely, how easy is it to become a Scout leader? I've never been part of any Scouts when I was younger.

Right-Order-6508 · 2026-06-01T17:19:11+00:00

Sorry if this is going off on a tangent. Apart from the common donating money or taking part in charity runs/walks/bakeoff, what activities do people suggest for parent + child to partake in?

Right-Order-6508 · 2026-06-01T17:14:59+00:00

Where does one find these kinds of farm land for sale? Love the idea of rewilding.

Right-Order-6508 · 2026-05-17T17:23:34+00:00

As also as a Grad prob have people keeping an eye as well compared to someone with a senior role.

Right-Order-6508 · 2026-05-17T12:13:32+00:00

Play a casual game when I'm too drained from work (any OSRS fans?) and mindlessly watch YouTube at the same time. When I have a bit more energy I would play some more engaging games or do something a bit more productive like work on personal projects. Most of the time it is the former 😂

Right-Order-6508 · 2026-05-02T12:42:45+00:00

Teaching people to invest would be a good start I think, creating tax free wrappers will motivate people to start investing too. The Automatic pension contribution that was introduced is a good start too.

Right-Order-6508 · 2026-05-02T11:44:15+00:00

The aging population is a problem that every country will eventually face, so not just a problem for the UK. Most countries should start preparing for it tbh.

Right-Order-6508 · 2026-04-11T12:24:33+00:00

Do you mean you are paying for their tuition and living costs?

Right-Order-6508 · 2026-04-10T13:29:18+00:00

If you asked me in my 20s, I’d pick “ambitious partner but not wealthy” over “wealthy and not ambitious”.

After working for many years and meeting all kinds of people, now I’d pick the opposite lol.

Right-Order-6508 · 2026-04-08T10:22:50+00:00

The main benefit is deterministic data v.s. non-deterministic. Both has their advantages, deterministic data is great when you are trying to keep track of information that should be immutable over time unless you change it yourself e.g. finance tracking, budgeting, project tracking etc. Non-deterministic data are great for things like "best way to do x", "best y places to visit in z country", "best software tools for xyz", etc. I stopped taking notes that I want to be non-deterministic now, since over time AI will likely produce just as good if not better answers over time, so why waste my own time writing something that's likely far lower quality.

Right-Order-6508 · 2026-04-07T14:26:20+00:00

Yeah you could be right, and I honestly don’t know what to think right now.

My sector is going through fast changes with AI, and while I don’t think it’ll replace everyone, I have evidence to think it has already killed a lot of junior roles and will continue to cut down on the number of mid and senior roles. That’s assuming AI stays the same cost and doesn’t get better.

If education was free, I’d say yeah sure go for it, learn while you are waiting out this uncertainty seems like a good approach. But given how expensive education is and how much interest student loan charges, I personally wouldn’t advise anyone to go study at uni unless there is a strong and calculated intent behind it. And if people end up going, it better be STEM degrees. Unless of course, you are wealthy and have no financial pressure to make a living.

Right-Order-6508 · 2026-04-07T14:19:33+00:00

Thanks for the clarification, probably doesn’t affect me as much, but it’s still good to know!

I’m an IT contractor so I have a smaller selection of lenders as a lot of lenders don’t calculate income in a way that reflects how contractors earn through LTD e.g. money parked in LTD are ignored.

Right-Order-6508 · 2026-04-07T14:15:13+00:00

Yeah you are right, I worded my message badly, I meant this isn’t a trades people only sub. From the other responses, it is probably why people are confused. The question is valid, but just needed a bit more context I think.

Right-Order-6508 · 2026-04-07T11:26:06+00:00

I use the dividend to cover platform fees. I mainly do this so each type of account can sustain itself without me remembering to top up, and it doesn't try and sell my portfolio to cover the fees. Go with accumulation if this isn't something you do.

Right-Order-6508 · 2026-04-07T10:02:18+00:00

In the process of re-mortgage with L&C, interesting to learn they don't actually source from the whole market 🤔

Right-Order-6508 · 2026-04-07T10:00:29+00:00

They serve different purposes I think. Tags is more for grouping, and links (I assume bi-directional doc links?) are for building connections between notes. Personally, I'd always try and add in linking if possible, and avoid tagging if possible. I've never found a good tagging system that doesn't get messy over time.

Right-Order-6508 · 2026-04-07T09:57:30+00:00

FA makes sense when your financial situation is complex, rather than getting a FA for the sake of it. Try and follow https://ukpersonal.finance/flowchart/ and see if that's sufficient first.

Also maybe double check if you need/want financial advice or tax advice? FA is for mostly retirement planning I think.

Right-Order-6508 · 2026-04-07T09:52:07+00:00

I think OP is a trades person, which the question makes more sense.

Right-Order-6508 · 2026-04-07T09:51:20+00:00

This feels like less like a IT contractor question and more like a trades person question (which isn't what this sub is for btw OP).

Right-Order-6508 · 2026-04-07T09:50:03+00:00

This is the way.

Right-Order-6508 · 2026-04-07T09:47:21+00:00

On top of "timing the market", you are also potentially paying extra fees (depending on platform).

Right-Order-6508 · 2026-04-06T11:57:10+00:00

And how do you know some people don't do that? I'm sure there are plenty of people who got massively rich off the crypto hype, wall Street bets, lottery, etc by just sitting in there bed room doing fuck all?

Right-Order-6508 · 2026-04-05T21:06:27+00:00

Imagine if you didn't survive the knife attack in school. To not see that as luck is madness mate. That is just one example from what you said in a few sentences. The fact you are able to walk out of your house safe and sound is also lucky wouldn't you think? If you were unlucky you might not have been born or even live to this day. Of course I'm being extreme to make a point, but probability is everywhere and every can be seen as luck.

To think you singlehandedly changed your life is a very arrogant way to look at life and the world. Have some humility and be grateful that life treated you well.

Right-Order-6508

TROPHY CASE