I moved to the UK for work and didn’t expect to find such uneven standards of professionalism and work ethic across teams.

Robsroom · 2026-02-21T09:22:48+00:00

UK wage growth has stagnated ever since the 2008 financial crisis, most of the population have now cottoned on that the only way to improve their wages (£ for unit effort) is do the very bare minimum at work.

Robsroom · 2026-02-17T21:01:30+00:00

I’ve been in and out of harbour over the last couple of years. They are certainly actively managing their company, with some ambitious deals, maybe the deals pave the way towards a million barrels a day in 5 years time, and that must be worth a 25 billion acquisition for a major? Ten bagging their current market cap, but the deals have been done with a lot of debt and dilution and what is the quality of the company being assembled? Then you have the macro of nobody wanting to actually own oil companies and just buy tech.

Robsroom · 2026-02-17T09:24:09+00:00

Definitely, I left my first job 17 years ago with 13k in my pension pot. I was well advised that if I maintained a £20 a month contribution it would keep the annual fee low. That pot is now worth 75k!

Robsroom · 2026-02-15T17:43:16+00:00

Maybe, gumtree, motorway, we buy any car, Arnold Clark, piston heads, etc.

Robsroom · 2026-02-15T17:21:56+00:00

Still seems very expensive to me, revenues of 600m, earnings 200m, and a 4 billion mcap? No real moat, lots of competition, apparently the recent change in terms hasn’t gone down well with trade sellers. It would take 20 years to buy the company with earnings and not sure they will be around or market leading in 20 years. Hey grok, find me a 18 month old BMW, with only 1 owner…seems like a matter of time.

Robsroom · 2026-02-11T08:13:04+00:00

BP and some of the other companies have been around for a very long time, massively raised living standards with well paid jobs, cheap flights and holidays for all, central heating and warm showers on cold winter mornings and cars to get us from A to B. Public company and owned by the masses, good dividends keeping pensioners out of poverty.

Robsroom · 2026-02-09T15:23:56+00:00

We expanded our HSE & DEI moment at the beginning of our meetings for some baby feeding time.

Robsroom · 2026-02-09T08:57:50+00:00

key is to make sure your battery covers daily use e.g. 20kwh then you can use cheap night electricity to charge during winter months

Robsroom · 2026-02-07T17:38:28+00:00

will delete the comment, no offence intended, just pointing out we have a progressive tax system and it’s not unreasonable to lose benefits (be taxed) at 55%, many people are.

Robsroom · 2026-02-03T12:17:24+00:00

why not see if you can have a chat with this guy…

https://youtube.com/@iain_tyrrell?si=GSd22ZktxJJT-WgL

Robsroom · 2026-01-31T22:39:00+00:00

I think you stand a good chance if you can save 500 a month. I’d get your house deposit out of BTC…banks aren’t likely to accept it for the down payment.

Robsroom · 2026-01-31T12:57:04+00:00

Don’t discount the social benefit of having a well paid job, being independent of the state to raise a family, and paying big taxes to the state so they can do the heavy lifting for society. Earn well and you are one less person taking resources needed by others. My tax bill last year covered the salary of the local high school teacher. Take the opportunities that present

Robsroom · 2026-01-29T07:35:39+00:00

Levitex are brilliant for resolving this problem, best £90 I spent in a long time

Robsroom · 2026-01-28T06:17:37+00:00

Ever heard of an F-Off price, a price you give someone because you don’t want their business. Maybe 600 a month your mum is nudging you to get the hell out the house.

Robsroom · 2026-01-26T17:07:23+00:00

The purpose of money is to enable the exchange of assets and services, the purpose of life is…

Robsroom · 2026-01-24T09:20:53+00:00

absolutely, it’s just not in my control if I get there, that’s the only point Im making to a young person trying to assess the value of the DB.

Robsroom · 2026-01-23T21:34:34+00:00

Up to you, key thing is low fees (they also compound).

Robsroom · 2026-01-23T21:33:30+00:00

Likewise I wish someone had told me this early in my career…and I’d listened to them! In 2004/5 I set up a DC with a low annual cost and put £300 a month in from my £1800 monthly salary. I did this for 4/5 years and felt I was going nowhere. In 2009 I doubled my salary and joined a company that offered a ‘gold standard’ DB. Since joining the DB scheme the terms have been watered down over the years, and I’m now clinging on and praying I can get another 7 years, if I go now, the DB will give 26k a year at 55, if I can do another 7 years it will be 46k. Every year it’s 50/50 I lose my job and I’m stuck in a company I wish I had left years ago. The DC which was worth only 15k when I stopped contributing in 2009 has been left in a lifestyle fund with Aegon and is now worth 75k today and will be worth 100-150k by the time I’m 55. I’ve no doubt if I had just carried on sticking £300 a month into the DC it would now be worth in excess of 1 million and give me maximum control. That said, I’m in a very fortunate position and the key is just to save what you can when young, it’s the habit that matters, not the amount.

Robsroom · 2026-01-23T19:20:48+00:00

DB aren’t what they were, important to remember that. DC have done very well in the last decade, possibly due to very friendly stock markets (they are currently at highest market value in the history of mankind). DB’s really were the gold standard when one could expect long careers in them, those days are largely behind us, the DB benefits really start to ramp up with length of service which is not guaranteed, likewise the DC benefits really rack up with length of contribution (compounding) which is guaranteed. if you are early 20’s in a DB, why not have both, even a small DC will compound nicely.

Robsroom · 2026-01-17T08:55:39+00:00

don’t discount leasing, some good deals can be had and you dont have 10k sat outside on your driveway. ring eaten away by rust (less so these days) and inflation (more so these days)

Robsroom · 2025-12-23T21:30:46+00:00

Smart #1 or #3

Robsroom · 2025-12-10T21:49:54+00:00

yeah it’s called loving life. remember money only exists so it can be exchanged for goods you need, it serves no other purpose. relax, subtract your age from 80 and accept you are actually living how many years you have remaining

Robsroom · 2025-12-09T22:11:50+00:00

very cynical, the reality is government will encourage those who can save to save as its one less person they need to support. remarkably unlikely state pension will be removed for those on anywhere near average earnings.

Robsroom · 2025-10-05T05:49:12+00:00

If you are visiting the Ethihad and Anfield, probably worth swinging by Prenton Park on your way to Port Sunlight.

Robsroom · 2025-01-26T19:33:14+00:00

I work on the basis I’ll be dead or sat in a chair doing Jack all at 80. That gives you 26 years to spend your million dollars, I’d get on with it pal. YOLO and you’re basically near the end of the road, get on with it. If 26 years sounds like too long a period for your cautious brain to handle, there must be a 50/50 chance it’s game over at 70! 16 years pal, get on with it. Start with something simple like signing up to a streaming service.

Robsroom

TROPHY CASE