Fat Boy Investment Fund

Yesterday I posted about the Temu Range Rover, and a lot of you replied about issues you’ve been having with Jaecoo too. So I took the liberty of reading the warranty document of Britain’s best selling car, as I'd heard they had a 7 year warranty. Prudent, since we will be covering them one day, well that day is sooner than I thought! Whilst they do advertise a 7 year 100,000 mile warranty and some parts are covered under this, many parts are only warranted for 3 years or just 40,000 miles! These include: • A/C Compressor. • Alternator. • Ball Joint(s). • Brake Caliper. • Catalytic Converter. • Dashboard Upholstery and Trims (wear & tear). • Infotainment Unit. • Exhaust System. • Fuel Injector(s). • Fuel Pump. • Oil Pump. • Seat Upholstery (wear & tear). • Shock Absorber(s). • Starter Motor. • Steering Wheel Upholstery (wear & tear). • Timing Belt. • Track Rod End. • Water Pump. • Wheel Bearing. • Window Regulator. Worse still, the remote control key is only covered for 1 year or 20,000 miles, and if you are using the car as an Uber, Taxi, Courier or Driving School the main warranty limits are reduced further. It's been a long time since i've seen any manufacturer offer warranty cover only for the first 40,000 miles, in fact I can't remember any. I know these cars are cheap, but perhaps that is for a reason...?

@KalumInvests You gonna bag some 'beyond meat' as well amazing company 😅😅😅

What can you guys tell me about $HIMS Anyone invested?

@KalumInvests Nah bro just go long init. Cause ai and that!

@KalumInvests If your buy these today? Can you explain why and what you are BUYING? Can you explain and understand upside vs downside risks?

Serious FOMO kicking in with the SIPP, what do you reckon? Ride this melt up? What stocks you all playing with?

@KalumInvests Do you have access to mutual funds? I would pivot some funds into these. Also EM bonds etc.

@KalumInvests Ukraine war forgotten. Iran war ignored. Makes no sense

@FatBoyFund It’s crazy isn’t it, semiconductors make up 17% of the S&P

Although I’m all about investing and this one might upset a few, right now I’m actually 97% cash SIPP £66,000 in a short term money market fund DCA into tech and ISA £750 per month I’m betting on a big pull back, I don’t push this because I don’t know and honestly nobody knows what will happen But if I’m right, that £66k is ready to be deployed

@KalumInvests Ai hype is real the speed is wrong. It's like driving at 200mph around the M25. It won't take much to cause a massive accident or you will simply run out of fuel.

@KalumInvests @2147mill You are not wrong to be concerned many are. But no one knows. At these levels won't take much to spook the herd and retail investors will be holding the bag. Standing to side does seed FOMO but those valuations were just wack. Look at the P/E of Intel.

@FatBoyFund @2147mill Every time we try to hike the rates up they come back down which isn’t good

@KalumInvests @2147mill Data centres financed much by huge private credit loans. Yes the big boys are profitable but these are higher interest and need paying back at some point. Everyone is already nervous on ai private credit loans. Even banks are trying to dump loans on others.

@KalumInvests @2147mill Consumers are squeezed. Inflation in pipeline. Just a matter of time. Everyone's drunk now, hangover inevitable. Best case hold rates worst hike. More demand destruction. Rolling out data centres all demand huge energy, energy security very poor hard to even meet demand now.

@KalumInvests @2147mill Will check rates in frieghtos but can't be good for shipping companies when oil is also so expensive.

@2147mill Also not really give myself much credit, but I work in shipping and the industry is in a downturn. Normally when that happens, it’s an early indicator for a recession. I can explore this further in a post another day, about the shipping industry, rates, supply and demand.

@KalumInvests I agree and made the same move just before bank holiday weekend. Some positions were up 500% and the charts just looked ridiculous.

It seems this post has caused some debate which I thought it may have, so I'd like to explain my thesis in a bit more detail (nobody knows the future, not you or me but we all have opinions), so be kind. Why am I sitting in cash right now earning 4% as apposed to the markets? 1. I managed to turn £14k into £66k since 2022 which is around a 375% return in 4 years, when I cashed out of my last position, nothing is looking investable to me right now (that's not to say there isn't any opportunities). 2. S&P 500 at ATH, not a great argument and doesn't mean anything really but just a notable point to make. 3. Everyone is a great stock picker, market never goes down and socials stink of greed. 4. I work in the shipping industry, and since Jan/Feb we have started to hit a downturn, we can't seem to keep rates high despite the market being perfect to do so (disruption in Middle East etc), this is normally signs of a reversal. 5. Oil prices remaining high here is going to hit everyone's pockets, whether you like it or not life will get even more expensive and if no resolution, this coming winter is going to be interesting to say the least. 6. Buffet, I don't like to follow anyone and always want to come to my own conclusions but given he is 'in the know', his very large cash position is an indicator. 7. Probably the most important one, despite being 97% cash, im buying still... around £750 every month separately to this SIPP. I AM OPEN TO CHANGING MY MIND, want to make that clear I have always been that way, if you guys have anything to shill, please shill away and I will take a look at it, ultimately my outlook is long-term so if the valuation works, I am open to deploying some of this.

@SloughCouncil Are the parking wardens going to be on bikes from now on then?

Advanced notice of a night-time only closure from 13 May to 17 May, from 7pm to 5am for resurfacing works. The eastbound A4 Bath Road will be closed, between Huntercombe Lane North and Goldsworthy Way.

@truemagic68 @MarkDampier Chinese own UK retail. It's just food that isn't more or less.

UK RETAIL YTD - NEXT -5.06%, M&S +9.05%, HALFORDS -1.53%, TESCO +10.56%, SAINSBUR8Y +5.61%, OCADO -14.52%, AB FOODS -13.33%, THG -33.26%, CURRYS +14.41%, WH SMITH -12.98%, AO WORLD -15.75%, FRASERS +0.45%, BURBERRY -20.85%, JD SPORTS -15.03%, ASOS -18.42%, DUNELM -18.97%

@Dearme2_ Beer

If you’re a man, what’s the excuse for not looking like this ???

@Trader__007 I DCA into this but this trade is balls of steal. I think its a great business loads of exceptional brands and undervalued.

DGE added twice today. Now a sizeable position. I don't know if we are at the bottom or near it. However I do know the market is offering a once in a decade opportunity to buy this highly cash generative business, with huge margins, at a materially attractive price.

@SimonCarGuy I used to get to drive one of these for work. A manual one, thing used to wheel spin in the wet for ages. Great power.

Bad points ctd Needs cambelt & water pump change, Central locking inop. Booked in with Alfa Workshop Paint. Needs almost a full respray to fix awful previous effort Trim. Replace all the chrome bits Stance. Sits high on small wheels. I’m going to change to Ti spec 2/2

So here it is. Good points:- 66k miles, 3 x owners, fresh MOT & Service and (almost) everything works. Interior is like new. Structurally and mechanically sound. And I love the velour. Price….paid £3,300 Bad points:-………gulp…… read on 1/2

@TheSecretAcct @smarterwebuk Crap we need ETFs. ETNs why expose UK investors. Why are the UK so behind everything¿

iShares Bitcoin ETP | IB1T Surely this spells the end for Bitcoin treasury companies like ⁦@smarterwebuk⁩ ? Now UK investors can finally get Bitcoin exposure through their SIPPs and ISAs. blackrock.com/fr/intermediar…

@KobeissiLetter What happens when you sell your economy to amazon and shein

The UK's bond market is collapsing: Today, the yield on a 30Y Bond in the UK rose to 5.64%, its highest level since 1998. Yields in the UK are now 15 TIMES higher than they were at the 2020 low, just 5 years ago. What is happening? Let us explain. (a thread)