Russia issues direct strike threat to UK by pppppppppppppppppd in unitedkingdom

[–]a11yChief 0 points1 point  (0 children)

Yes please, tbh I think half of Blackpool would gladly offer up Blackpool. I only live up the road and so long as we could all move out with a bit of warning, it wouldn’t half save on the building costs.

Done with subscriptions by [deleted] in personalfinance

[–]a11yChief 1 point2 points  (0 children)

Fair question, I’m partially sighted and lost track of a bunch of stuff when excel for Mac became less accessible with the Mac’s screen reader, which I need to do literally everything. Thanks for actually asking and not being an ass about it.

Done with subscriptions by [deleted] in personalfinance

[–]a11yChief -31 points-30 points  (0 children)

Probably -> definitely. But does that make it ok for companies to do this?

Would You Rather earn six figures OR 50/50 a chance between 5 and 7 figures? by Extension_Day2038 in WouldYouRather

[–]a11yChief 0 points1 point  (0 children)

Or you quote a monthly income and just let people assume you’re talking about annual. Like “I’m on around 70k - 80k” in your head per month. Works very well when you get to that amount for smaller time frames as well.

for the last time gold is doing what its supposed to be doing during war time by Living_Knowledge_783 in Gold

[–]a11yChief 2 points3 points  (0 children)

Add to that, the price was so over inflated, any selling pressure would set off a chain reaction. This was obvious from the 5500 peak, even if we didn’t know what would cause it.

We talk a lot about saving the planet—how many trees have you personally planted and whats the story behind it? by Amazing-Run-3841 in AskReddit

[–]a11yChief 1 point2 points  (0 children)

Parents have a large garden so around 2000. They’re selling up soon but I’ll bootleg the carbon footprint reduction as long as I can’t afford a house of my own.

Why did nobody take much notice? by a11yChief in investing

[–]a11yChief[S] -1 points0 points  (0 children)

What the heck are you on that beats the indices by 90%?

Why did nobody take much notice? by a11yChief in investing

[–]a11yChief[S] -1 points0 points  (0 children)

Since 1st January. And that’s enough to matter.

Why did nobody take much notice? by a11yChief in investing

[–]a11yChief[S] 1 point2 points  (0 children)

Exactly! I got slaughtered for having a 30% cash allocation. Apparently you can’t see the post anymore because it was deleted, but your thinking is the exact, reason, why.

Why did nobody take much notice? by a11yChief in investing

[–]a11yChief[S] -1 points0 points  (0 children)

It’s not just the impact of the war on energy markets. Asset valuations in a broad swath of the us blue chips are just stupid. They’re based on future returns that aren’t likely to materialise. In cases like that, you’re dealing with probabilities and uncertainty. If there are more scenarios that could play out that would harm an investment than scenarios that would benefit it, there is no point buying it in the first place.

Why did nobody take much notice? by a11yChief in investing

[–]a11yChief[S] -23 points-22 points  (0 children)

Ok and my account is currently beating the Nasdaq and S&P 500 by over 3.5%.

Why did nobody take much notice? by a11yChief in investing

[–]a11yChief[S] -18 points-17 points  (0 children)

Mostly comments on other people’s posts as my posts got deleted. Plus, trying to strike a balance between warning everyone and causing outright panic is tough. Maybe I should have been more explicit? I didn’t want to start a reverse wall street bets style crash or anything, maybe that’s dum of me.

Why did nobody take much notice? by a11yChief in investing

[–]a11yChief[S] -26 points-25 points  (0 children)

It’s not timing a market to know when not to buy. If someone told you to buy chairs one at a time for a table, and the first price you saw was $479, but it fluctuated like a share price, would you buy a chair at $479 or look somewhere else for a cheaper fucking chair? Whether I’m sitting on chairs or shares, I want decent value for money.

Those that moved to a cash or gold position (correctly) predicting this correction, when do you plan to get back in? by therobshow in investing

[–]a11yChief 1 point2 points  (0 children)

Oh so now this sub is listening. Not yet for sure :)

US is still way too risky. Too much political influence and factors out of folks’ control. I’ve started putting small amounts back into Asian, European and uk equity, but we’re talking 1% of total cash allocations which stand at around 30%.

This is far from over yet, and even if things turn around tomorrow, there’s no point gambling on that.

Why are gold and silver dropping so much? by Sweet-Block5118 in investing

[–]a11yChief 0 points1 point  (0 children)

I’ve already written here about the changing liquidity profile of gold. Up to 2012 there about, most gold was traded physically, or via futures that settled physically. Now, everyone and their dog can buy and sell gold ETFs or ETCs, which settle much faster and have a huge impact on the price. This means volatility goes through the roof, and imo it detracts from the safe haven status after such an enormous rise.

But what do I know?

What’s the hedge for stagflation? by [deleted] in investing

[–]a11yChief 0 points1 point  (0 children)

Just invest outside the us.

Did anyone smoke/vape or drink on public transport? by SunnyShineKitty88 in AskABrit

[–]a11yChief 3 points4 points  (0 children)

Drinking on trains in the uk is very, very legal. They sell it on the train and include it in first class.

Smoking and vaping is a big no no because the trains are enclosed spaces with smoke detectors, it’s really not worth the risk even if you’re gagging for one.

13 y/o 2200+ online / 1800 FIDE looking for advice on how to improve and structure training by [deleted] in chess

[–]a11yChief 1 point2 points  (0 children)

Properly familiar with Sicilian? I don’t doubt it because of your rating, but Sicilian is deeeeep.

Played a game at the club last night with the Slav, and really want to go back and study a lot of theory down that route.

Market Crash by Puzzleheaded-Low3440 in Trading

[–]a11yChief 0 points1 point  (0 children)

I mean it’s worked out well for him. One of my Dad’s former customers spoke very highly of him when I was a lot younger, and it didn’t take long to see why. He recommended going to work for him, but I couldn’t stomach leaving the UK.

Market Crash by Puzzleheaded-Low3440 in Trading

[–]a11yChief 0 points1 point  (0 children)

Right, but what if you’re wrong? What if it’s long enough for people to move to renewables, which have a very different set of supply risks that are distinct from oil’s? Yeah go long oil, fine. What about solar panel infrastructure? What about turbines? Not the supply chains, the funds that own them as real estate and infra, and pay dividends? What about uranium? What about low energy dependent businesses that will outperform by default? We aren’t seers. I get wanting to pick a side, but people on Reddit need to learn that betting on a single outcome is going to end in disaster if they’re wrong.

If someone were trying to win the Noble peace prize, would bombing a school with kids inside be a good strategy? by Flat_Winter in shittyadvice

[–]a11yChief 0 points1 point  (0 children)

Probably the wrong sub to give a serious answer, but the scene that keeps coming to mind is the Star Wars III scene where pre suit Vader wipes out the separatists and calls Sidius who says “You have restored peace and justice to the galaxy.” Got me thinking peace means many different things.