HMSbootybay

@CallumLyon Minimum wage jobs are for teenagers that still live at home and need to learn the value of money and take on some responsibility.

How the fk are people working full time on minimum wage in the UK meant to actually survive alone? The maths just doesn't add up: Take home pay after tax, national insurance and pension contributions for a 37.5 hour work week (because let's face it, all these employers who really care about you don't pay you for your breaks so you're not getting a full 40 hours) is around £1700 You're lucky to rent anywhere nowadays under £800. Council Tax is now around £220 a month. Utilities are at least another £350. Then there's the weekly food shop, you're looking at a minimum of £70 a week. Just with the basics in this scenario you're left with £50 to last you the whole month. And that's without even adding transport or anything going wrong. Minimum.wage in the UK does not cover minimum living requirements. Something really needs to change. No wonder nobody wants to work anymore.

@FarmerOfTheDown @PeterMcCormack Redistribution has already been taking place with the rich paying the vast majority of taxes. The poor can also start investing in assets with just £1. Have you ever been around poor people? Nothing radicalizes you more than the insane amount of waste they exhibit.

@PeterMcCormack I have a question, and don't get me wrong I am a libertarian at heart, if inflation is the thing that makes people in assets richer, are taxes on that wealth and the redistribution of that wealth to the poorer therefore necessary?

A little econ 101 for the silly socialists. The natural state of the economy is deflationary. As humans we innovate, we become more productive so everything ‘should’ get cheaper to produce. Well it does, everything you see getting more expensive is getting cheaper to produce but the inflation of the money supply is causing prices to go up. So what is the mechanics of this, the two primary ones are: 1. Governments keep running deficits because democracy rewards them for lying and spending. 2. Banks create money out of thin air through lending and the people closest to credit get it first. Asset prices pump and wealth shifts toward those who already have assets. When things go up in price, say energy due to war, this is not inflation. Some politicians say it is, but they are lying or stupid. That’s a supply shock. Inflation is always and everywhere a monetary phenomenon. Inflation is good for the state, it wipes away their debt. The mechanics of inflation are good for the rich, because they have assets. Inflation is terrible for everyone else - products get smaller, ingredients get worse and prices go up. It’s how companies manage inflation. Inflation forces dependency policies so people can scrape by - minimum wage, energy caps, renters rights. They are demanded by the public. But this the slow hollowing out of society, it is what breaks everything which is good. It puts pressure on a system which takes us from high trust to low trust. Why do I make fun of @zackpolanski and the socialists? Because they will run this experiment on crack. The Green’s model as far as I can see is: - Attack the productive class - Reward the unproductive class The problem with this is the rich will leave, the ambitious may leave and they will face the same question as both Labour and the Conservatives which is how do we pay for this? They will either have to raise taxes or borrow (print) more money, which accelerates the problem. So we will get lower productivity, higher taxes, more borrowing and guess what, more inflation. This is the exact mechanics which have destroyed every socialist state. I get it, socialism sounds warm and fuzzy - nobody should go without, free stuff for everyone. But the end result is poverty and misery, as it has been every single time. If you want jobs, good, medicine then you need a growing and prosperous economy which means unshackling the entrepreneurs. There is no other option on the table. It is the only thing that has ever worked. I haven’t voted in three elections. I will only vote if someone comes with a real economic plan which means a chainsaw to the state and driving growth.

@cashflow_king94 Sooner or later you're going to eat crow again like you did with your income portfolio. There is plenty of research on why outperforming the market is incredibly difficult long term.

Genuine question for anyone under 35. Why are you investing in index funds? I get it if you're 50+ and protecting wealth, Low cost, Diversified. Makes total sense at that stage. But if you're 25 or 30 with decades ahead of you? You're basically paying for average returns on purpose. An index fund gives you 500 companies - Most of them are mediocre. You're holding the winners and the losers and hoping the winners drag the rest up. Why not just own the winners? I've got 9 stocks & every one of them a dominant business - Up 48% in the past year while the index did half that (ish) When you're young you've got the one thing money can't buy - Time. With time, come MORE compounding. Yeah it's more volatile, Yeah some months are rough. But who cares? You're not retiring next year. You've got 20-30 years of compounding ahead. I'm not saying index funds are bad. They're brilliant for most people - Especially if you don't want to learn about individual stocks. But if you're willing to put the work in? If you actually understand what you own and why you own it? High conviction beats diversification when you're young enough to ride the volatility. I wasted 2-3 years in income ETFs before I figured this out. Don't make the same mistake.

@TheCinesthetic Dumbest scene of the movie, glided unrealistically, wasted a spitfire when the German army had already been ordered to allow the British to escape.

In Dunkirk (2017), Tom Hardy’s pilot finally has enough fuel to escape, then calmly turns the Spitfire back toward the battle, choosing to protect the evacuation one last time. One of the most quietly heroic moments Nolan has ever filmed.

@UK_Compounder VHYL is solid but take a look at Vaneck TDGB. Much less reliance on the US and a more selective stock picking.

Vanguard VHYL FTSE All-World High Dividend Yield UCITS ETF - Key Fundamentals This dividend fund offers global income exposure on quality stocks. It seeks to track high-yield large and mid-cap stocks from both developed and emerging markets, excluding REITs. 🔹️ Circa 2,276 holdings for true diversification 🔹️ Low cost of 0.29% 🔹️Attractive valuation.... P/E circa 16.8× 🔹️ ROE is currently 14.2% Quarterly dividends and capital growth... the fund is up 11% in the last 3 months 📈 and is faring well against the tech/software volatility. This is a reliable core holding of mine, providing diversification from my main growth holdings. #VHYL #Dividends #ETFs

@amitisinvesting Bloodbath only if you're invested in super speculative stuff. For the rest of us the market is mostly flat.

premarkets a bloodbath once again id imagine margin calls, for a second day in a row, could be continuing forced selling its quite incredible because last year when this happened, you could point to tariffs this time…hard to blame any one particular thing my best guess is that markets are pricing in Warsh as a hawk for QT which is definitely leading to an outflow in speculation and high beta (like crypto) jobs data this morning isn’t helping…200K layoffs announced in December, most since 2009 the brightline is that earnings growth across the board continues to be amazing but it’s almost like the market could care less maybe some reversal today out of sympathy but it is simply an ugly environment out there and we must reclaim certain levels to have a chance at broader recovery over the next month

@realroseceline @DividendDynasty Notice the dip before password sharing crackdown. Now the dip will be sustained with no one-click magic trick to reverse it.

@DividendDynasty I own about a million worth and feel the same way as you do! I should have purchased a lot more.🌹

I don’t own enough $NFLX

@cashflow_king94 Very good. Which portfolio tracker is that?

Starting 2026 strong 💪 10 days in: My Portfolio: +$6,057 (+3.81%) S&P 500: +$2,820 (+1.79%) NASDAQ 100: +$3,175 (+2.01%) Beating both benchmarks. This includes everything - dividends, options premium, and capital gains. Let's see where we are by end of year🎯

@theswansjr Gold is mainly forged when neutron stars collide, an extremely rare and cataclysmic event that the human mind cannot even begin to comprehend. Bitcoin on the other hand was made up by some nerds. One is not like the other.

"Bitcoin has no intrinsic value. Gold does!" Oh, does it now? Let me blow your mind: 95% of gold sits in vaults doing absolutely nothing. It's not powering electronics at scale. It's not being worn. It's just... sitting there. Because humans decided it's valuable. That's not intrinsic value. That's monetary premium. The exact same thing Bitcoin has. Except Bitcoin does it better: • Harder to confiscate • Easier to verify • Impossible to counterfeit • Infinitely divisible • Moves at the speed of light across the planet The "intrinsic value" argument is pure copium. If jewelry demand vanished tomorrow, gold would still be valuable—not because you can make circuits with it, but because of its monetary properties. Just like Bitcoin. "Gold will be the reserve currency!" The gold standard failed. You know why? Because governments couldn't print their way out of wars and welfare programs while on it. So they ditched it. They called it "flexibility." I call it theft. "Moderate inflation (~2%) is good!" Good for WHO exactly? Not savers. Not workers. Not anyone whose paycheck is denominated in melting currency. Inflation is a hidden tax. It quietly transfers wealth from you to asset holders and everyone closest to the money printer: governments, banks, the Cantillon crew. "But 2% is harmless!" Really? Compound that over 30 years and your dollar loses about 45% of its purchasing power. But wait, it gets worse. Real monetary expansion runs closer to 6%. At that rate, your dollar loses HALF its value in roughly 12 years. Ouch. Bitcoin fixes this.