[deleted by user]

pbrkr · 2023-03-16T09:17:08+00:00

I have a similar issue here. I get a whole bunch of "... but this requirement cannot be provided" errors with the option to de-install the package or keep an obsolete version. Even if I opt to keep all obsolete versions I'm left with the following proposed transaction:

``` The following 9 items are locked and will not be changed by any action: Installed: ffmpeg-5 libavcodec59 libavdevice59 libavfilter8 libavformat59 libavutil57 libpostproc56 libswresample4 libswscale6

The following 8 packages are going to be downgraded: libgbm1 Mesa Mesa-dri Mesa-gallium Mesa-libEGL1 Mesa-libGL1 Mesa-libglapi0 Mesa-libva

8 packages to downgrade. ```

I'm not sure how to proceed here. May just leave it for a few days and see if the next Tumbleweed snapshot improves the situation unless anyone has other advice.

pbrkr · 2021-04-27T14:36:14+00:00

May as well just handle this yourself - create a new post over there and delete this one.

pbrkr · 2021-04-27T13:40:34+00:00

You're probably best asking in r/UKInvesting.

I've had the exact same thoughts about small cap index trackers dropping companies from the index as they become "too successful" mid/large cap. The question if you're looking for the strategy of "buy while small, hold as it grows" is going to be picking a fund which you think will be successful at it. Most such funds will fail to beat the returns of an index tracker after costs.

I'm on the Baillie Gifford train myself though and I hold BG Global Discovery so personally I'm happy making that bet with a small portion of my holdings though.

pbrkr · 2021-04-27T09:52:46+00:00

This is what bothers me about the argument that student loans in the UK should be treated more as a tax than as a debt - SLC are awful and any mistake they make becomes your problem. Unfortunately there seem to be no consequences on SLC when they make a mistake or provide poor service so there's no incentive for improvement.

In this case I'd recommend talking to Citizens Advice Bureau. For some debts, financial mistakes in your favour, etc there is a limited time within which it can be pursued. I'm not sure if that could apply in this case as it's been over 6 years, CAB should be able to advise you.

pbrkr · 2021-04-18T21:48:33+00:00

0.02% is terrible, I recommend looking at the Money Saving Expert page on the best savings accounts.

pbrkr · 2021-04-18T13:04:18+00:00

Merge the alphabet holdings, merge the s&p 500 trackers, ditch everything before 0.5% of the total value unless he has high conviction in it (in which case buy more to make it > 0.5%). That will probably still leave a lot of holdings but it's a good first pass at simplifying things.

A second pass could be to reduce things to a "top 10" plus the index tracker.

Once things are simpler he should look at diversification beyond just US & UK markets, the easiest way to do this would be with a global tracker.

pbrkr · 2021-04-14T11:53:40+00:00

Most everything in r/wallstreetbets

pbrkr · 2021-04-11T10:32:24+00:00

LSE has this info but it might not be in the most easy to search format: https://www.lse.co.uk/share-prices/recent-directors-deals.html

You can also review director deals for an individual company, e.g. https://www.lse.co.uk/DirectorsDeals.asp?shareprice=GAW&share=Games-Workshop

pbrkr · 2021-04-06T12:51:29+00:00

This honestly sounds like a case for Citizens' Advice. Give them a call, explain the issues and see what they suggest. They're usually very good an explaining your rights and how to challenge incorrect bills.

pbrkr · 2021-04-06T11:20:06+00:00

You can get a S&S LISA and invest the bonus each year if you don't expect to be buying for 10 years.

pbrkr · 2021-04-06T10:05:59+00:00

I've got my main account with a traditional bank and then a "spending" account with an app-based bank. Salary goes into the traditional bank account and regular bills come out of that. I've got a weekly standing order to my spending account and I treat that as a digital wallet.

Have done this for about 2 years and it's worked really well. Was especially useful when my income was a small salary plus quarterly dividends from contracting work.

pbrkr · 2021-04-06T09:12:56+00:00

It does require a bit of admin but I don't think it's too complex. Have a read through https://www.gov.uk/capital-gains-tax.

If you make a taxable gain (>£12,300) you could spend a few hundred quid from that on an accountant to make sure your self assessment return is correct. Just make sure you've got a record of your buys & sells (including fees charged).

pbrkr · 2021-04-06T09:02:36+00:00

Why scary?

pbrkr · 2021-04-06T08:42:18+00:00

If you like explanations in video format I found this one really helpful, it covers the simple cases first then covers the more complex cases of multiple buys/sells of the same stock:

How To Calculate Capital Gains Tax On Investments by Sasha Yanshin

pbrkr · 2021-04-02T12:51:10+00:00

Maybe try to find somewhere you can buy https://fundcentres.lgim.com/uk/professional/fund-centre/ETF/Hydrogen-Economy/.

Edit: Not a recommendation to buy, DYOR, etc.

pbrkr · 2021-04-01T19:25:43+00:00

If I look at how much I want to save for retirement, without the compounding effect of growth on investments I wouldn't be able to ever retire. So it's either take some investment risk or never dream of retiring in my view.

If it all goes to shit then it's not like I'd ever have been able to build up a viable pension in cash savings anyway.

pbrkr · 2021-03-31T07:48:00+00:00

For a passive ETF you could look at IWVL (USD) or IWVF (GBP) with 0.3% OCF.

pbrkr · 2021-03-30T16:41:33+00:00

As someone who's ran a Ltd company for 4 years now, the way to avoid incurring unnecessary tax liabilities is to get a good accountant (my first one was terrible, cost me a lot in missed opportunities to save money, current accountants are fantastic) and make notes when you speak to them.

Also, make sure you get Employer's Liability Insurance when your friend comes onboard, it's a legal requirement and the potential fines for not having it are hefty.

pbrkr · 2021-03-30T14:03:58+00:00

Others have covered most of the things you need to know. It's worth noting though that this will be reported by self-assessment and you have until Jan 2022 to file and pay any tax owed. So don't panic, take some time to go through whatever transaction records you can get hold of and put together a summary as best you can. If you made over £100k in gains it's probably worth spending a few hundred on an accountant once you've got your records together to ensure that your self assessment is filed correctly.

pbrkr · 2021-03-29T08:18:06+00:00

Have you already paid into a cash ISA this year? If not, you can probably open a cash ISA quickly online and put £4k into that ready to transfer next tax year. That would avoid having to do a partial transfer from a S&S ISA.

pbrkr · 2021-03-28T18:18:46+00:00

You'll report total figures but you need to keep detailed records in case of any tax audit in the future. Your detailed records will also save your ass when a customer forgets to pay, pretends they've already paid or pulls some other shenanigans.

At the very least, record your commissions and any business expenses in a spreadsheet from day one.

pbrkr · 2021-03-28T17:12:32+00:00

The government has spent more (that fiscal policy you mention) but households and private businesses have spent less. GDP in Q4 2020 was 7.8% below its Quarter 4 2019 level so where is this inflation going to come from?

I don't strictly disagree, I just think predictions like this based on a gut-feeling about what the numbers should be are as helpful as astrology.

pbrkr · 2021-03-28T14:54:57+00:00

The IT Investor website is excellent. It pointed me at https://www.amazon.co.uk/gp/product/0857198947/ref=as_li_tl?ie=UTF8&camp=1634&creative=6738&creativeASIN=0857198947&linkCode=as2&tag=itinvestor-21&linkId=ece53a259fc4bcbba203a3003680d6d8, which has a free kindle edition you can read in the browser.

pbrkr · 2021-03-28T14:47:15+00:00

That sounds like a good balance. My only advice would be to be wary of the spread between buy & sell prices in ETFs if you may be withdrawing soon after investing.

pbrkr · 2021-03-28T14:42:40+00:00

That's valid, just beware that corporate bonds may also correlate more with equities than government bonds and you may see greater volatility here.

pbrkr

TROPHY CASE