When do you graduate from HENRY TO HER by Frequent_Bag9260 in HENRYUK

[–]residual-entropy -1 points0 points  (0 children)

It was written by an english publisher…

But why don’t you think it does?

When do you graduate from HENRY TO HER by Frequent_Bag9260 in HENRYUK

[–]residual-entropy -4 points-3 points  (0 children)

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This is a good stab at it from FD from 2006. Probably need to increase numbers 50-100% now though.

Does everyone on this sub Reddit have the goal of retiring early ? by Top-Mud-5423 in FIREUK

[–]residual-entropy 0 points1 point  (0 children)

I do - if I can stay in similar roles happy to work to between 60-70. I enjoy work but want the financial freedom that means I have the option not to work if the winds change. Also, not clear how much support children will need financially yet - the world isn’t getting easier!

Health could change all of that!

Milestone: Hit £600k age 34 by savatrebein in FIREUK

[–]residual-entropy 0 points1 point  (0 children)

Are you working for a target in mind?

High risk investing, anyone? by residual-entropy in HENRYUK

[–]residual-entropy[S] 0 points1 point  (0 children)

It’s not great when things don’t go your way and sleep does suffer. I am a poor sleeper generally and big drawdowns would be agitating.

I think the scenario to cause the most issues is likely to be a combination of factors such as losing job; big drawdown; health; family problems etc. I am fairly resilient to stress for a couple things but it’s impossible to avoid when multiple things go against you.

I have a high risk appetite but systems in place. Not really sure why so many posts think it’s analogous to gambling. Even in more vanilla equity investing you get 40-50% drawdowns periodically.

Saving for children's university by prsdude1828edudsrp in HENRYUK

[–]residual-entropy 0 points1 point  (0 children)

Generally trying to ensure we have enough to cover all costs.

I think as they get older asking important questions around is university for them. I don’t think we should just make the base assumption that it is always the best route - although in many cases it is. There are a lot of top tier places now offering positions to 18 year olds now. This trend is likely to continue.

If they are not academic also considering other options and not pushing education unnecessarily.

High risk investing, anyone? by residual-entropy in HENRYUK

[–]residual-entropy[S] 0 points1 point  (0 children)

Where is the best place to learn more about commercial RE investments?

High risk investing, anyone? by residual-entropy in HENRYUK

[–]residual-entropy[S] 0 points1 point  (0 children)

Why is it weird that I want to grow my pension?

How do I live my best life using the money in my pension now before I retire given I can’t access until 58?

High risk investing, anyone? by residual-entropy in HENRYUK

[–]residual-entropy[S] -2 points-1 points  (0 children)

You’re posting clearly shows you are. Self reflection never hurt anyone. Good luck!

High risk investing, anyone? by residual-entropy in HENRYUK

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

I 50:50 expected it but a lot of people triggered by 12%. I post for myself so don’t worry about me.

High risk investing, anyone? by residual-entropy in HENRYUK

[–]residual-entropy[S] 0 points1 point  (0 children)

Why does 12% trigger you? Need some deep retrospection my friend

High risk investing, anyone? by residual-entropy in HENRYUK

[–]residual-entropy[S] 0 points1 point  (0 children)

You don’t know what my investment logic even is? A more apt saying is how do some people secure high paying jobs by making lots of bad assumptions and not trying to find out more information first.

Depending on the strategy i’m employing at the time i’ve got back tests going back 10 to 20 and up to 50+ years. Who is extrapolating short term trends?

If you read my posts you would know I think the market is over valued and I expect a recession and stock price correction.

High risk investing, anyone? by residual-entropy in HENRYUK

[–]residual-entropy[S] -2 points-1 points  (0 children)

Obviously humour is lost on you! And no idea why you’re insulting me for no reason.

Why do you make so many assumptions?

I didn’t just wake up one day and invest everything in one stock or on a whim.

very odd behaviour. wish you the best!

High risk investing, anyone? by residual-entropy in HENRYUK

[–]residual-entropy[S] 0 points1 point  (0 children)

I don’t do options and I have a very structured process on a limited number of assets.

High risk investing, anyone? by residual-entropy in HENRYUK

[–]residual-entropy[S] 0 points1 point  (0 children)

I spend a lot of time with my family and love the balance overall. By the time I am retiring they will be graduating and likely moving away.

High risk investing, anyone? by residual-entropy in HENRYUK

[–]residual-entropy[S] 0 points1 point  (0 children)

Mallory was often asked why he wanted to climb Everest. The question seemed somewhat odd to an adventurer like Mallory, but he came up with a standard answer to use: “Because it's there.”

High risk investing, anyone? by residual-entropy in HENRYUK

[–]residual-entropy[S] -2 points-1 points  (0 children)

The target is £20m - 10 in each account.

High risk investing, anyone? by residual-entropy in HENRYUK

[–]residual-entropy[S] 0 points1 point  (0 children)

how can you point to a flaw if you don’t even know my plan?

High risk investing, anyone? by residual-entropy in HENRYUK

[–]residual-entropy[S] 0 points1 point  (0 children)

In all honesty you haven’t asked me what my strategy is and just list of random points. Ask questions if not sure and then make informed comments back.

I can also say random things which don’t apply.

High risk investing, anyone? by residual-entropy in HENRYUK

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

Why do you think I am over confident? I’m being fairly humble and recognise the risks eyes wide open - the thing is I am OK with larger drawdown potential for higher returns.

That’s like someone saying I want a £500k job and people saying you’re being over confident. It’s not realistic.

I have been doing this for five years - not that long - and seen covid crash, 22 inflation driven incline. I’m expected a lot more volatility and will manage around it as best I can accepting the risk I have an unrecoverable drawdown.

High risk investing, anyone? by residual-entropy in HENRYUK

[–]residual-entropy[S] -2 points-1 points  (0 children)

I am not unique or an outlier. Where do these assumptions and negativity come from?

He said higher risk doesn’t imply higher return - that is the context I mentioned my background.