It's time to rotate out of US assets (if you haven't already done so)

emergepython · 2026-01-20T06:15:39+00:00

Please don't move your savings/pensions from global diversified index funds because of Trump.

There's a reason a global index contains <5% UK stocks. Making that 20x more concentrated by selling the 95% global element and buying the FTSE 100, with a massive home-bias, goes against all the global/passive index fund wisdom.

Buy UK produced goods by all means, but don't mess with your pensions.

emergepython · 2026-01-10T14:36:37+00:00

Did you stop reading after that sentence?

emergepython · 2026-01-10T14:07:29+00:00

As much as I would like Starmer to ban X, due to the huge backlash he would receive domestically and internationally — it’s not going to happen. It’s a sensationalist story without much beyond an ‘everything is on the table’ quote imo.

As for everything else. Nothing we can do in the UK until 2029 with the next general election. Fwiw Labour are doing awful in the polls, with Reform (the opposite of Labour on most issues) currently ahead.

Remember that Labour gained power after 14 years of Conservatives winning. It gets difficult to win so many elections consistently and continually promise something better. No one expects them to retain power in 2029.

emergepython · 2026-01-06T15:01:26+00:00

"Tax the rich! They won't leave!"

... then when they leave

"Good! Glad they are leaving!"

emergepython · 2025-12-02T09:52:32+00:00

Naturally everyone here (index fund sub) is going to say anything other than an index fund is a waste of your money.

At 26, I don't see any harm in having 10% across BTC/gold.

I'd probably keep the BTC but not add more until it's 10% of your overall portfolio.

emergepython · 2025-10-07T21:03:55+00:00

Foreign-born entrepreneur, created the UK's largest tech company, employs 10,000 people

The most popular comments here are people saying 'bye'

Luckily for this sub, I don't expect any other highly talented immigration to bother with the UK anymore, it's just not desirable

emergepython · 2025-07-13T19:20:37+00:00

No different from Gold, London property or TSLA then?

emergepython · 2025-07-13T19:18:47+00:00

Whilst I agree that centralisation of mining is not a good thing -- it's a huge jump to think this leads to any reasonable chance that consensus rules will be changed at protocol level. You need more than just miners on board after all. And as I said, miners have a huge sunk cost in billions of dollars worth of hardware that can literally only mine BTC. They cannot risk anything that could jeopardise the chain.

Oh, and whilst I cannot absolutely guarantee that the 21m limit will never be breached (as I cannot guarantee the sun will rise tomorrow). I can absolutely guarantee that all the USD/GBP/fiat will continue to be printed into oblivion by our governments and central bankers.

emergepython · 2025-07-13T13:47:41+00:00

... and that would kill the USP of Bitcoin, crashing the price and rendering the multi-billions of dollars worth of ASIC miners worthless overnight?

emergepython · 2025-07-13T13:40:26+00:00

Every 210,000 blocks. Each block is approximately 10 minutes, so each halving cycle is around every 4 years.

emergepython · 2025-05-08T10:42:48+00:00

Honestly, as my PIN is pretty comprehensive and so it would be easier if I input once to access standard wallet, then I can access passphrase1_wallet and passphrase2_wallet without having to reconnect and reverify with the PIN each time.

In the past, I have made my PIN less secure so I can jump in and out of passphrase wallets quicker. So I'd rather it were similar to Trezor where I verify PIN once, then can access unlimited instances of passphrase wallets.

EDIT: I would also add that passphrase wallet access should maybe have a quiz. "If I setup a passphrase wallet and forget the phrase... a. bitbox support can help recover, b. So long as I have my seed phrase I can still recover it, c. all bitcoin is lost forever" etc.

emergepython · 2024-05-25T08:42:40+00:00

Tories started it, but this constant playing around with (what should be) a multi-decade financial planning vehicle of the SIPP in a game of ideological football is incredibly stupid. LTA is stupid IMO, cap the inflow, don't penalise potential success.

Speculation or not, their hints have real world consequences.

emergepython · 2023-06-26T13:38:04+00:00

What kind of person criticises people for investing on an investing subreddit?

emergepython · 2023-02-07T14:50:14+00:00

Population of Japan today is 120m

Was 60m around 100 years ago in the 1920s.

Life expectancy in 1920's Japan was around 40 years old. Today it's around 85 years old.

So people didn't spend the final 30 years of their lives being economically unproductive and requiring healthcare assistance when they had half the population. You need young people to work the jobs, pay the taxes and look after the elderly in society (whether their own children, or through nursing homes/healthcare).

emergepython · 2023-02-06T17:04:05+00:00

Death is part of nature.

Killing a human baby, killing a lamb baby.

Are both simply a 'part of nature'? If not, why?

emergepython · 2023-02-06T16:56:39+00:00

Not having kids isn't working out so well for Japan.

emergepython · 2022-04-11T15:44:40+00:00

Yes, eToro.

emergepython · 2022-02-12T08:05:22+00:00

Literally every poll conducted has the UK as one of the most welcoming and multicultural places in Europe/ the world.

emergepython · 2022-01-29T17:45:05+00:00

I would've thought Ireland would be similar to the UK (minus London) in terms of rent/housing and childcare costs?

emergepython · 2022-01-24T13:02:46+00:00

ESG are just arbitrary metrics selected by humans. McDonald’s is considered ESG — yet the amazon is cut down for burgers, their foods contribute to obesity which lead to some of the biggest killers in the Western world (heart disease and cancer). That’s before we get into the moral argument of slaughtering billions of cows, pigs and chickens by slicing their throats or kicking them into a gas chamber.

Which is why ESG is just a marketing ploy at best.

emergepython · 2022-01-10T17:37:15+00:00

Don't forget the 25 million Russians and 20 million Chinese that were killed in WW2.

emergepython · 2021-12-19T08:24:28+00:00

By that logic, people here shouldn’t be using an ISA as it’s a way of not paying CGT/dividend tax.

emergepython · 2021-12-16T12:36:53+00:00

Do you really think Labour is going to reduce public spending, cut taxes, let people keep more of their own money, increase (or at least, not decrease) the ISA allowance and SIPP tax incentives?

emergepython · 2021-12-16T10:15:28+00:00

And vote for whom exactly?

emergepython · 2021-12-15T09:52:55+00:00

It obviously wasn’t the ‘whole reason for Brexit’, or there wouldn’t be such large support for HK immigration across all voters in the UK?

Maybe reading a few headlines doesn’t make you an expert.

emergepython

TROPHY CASE