Ken Simmonds

@dontdelay David, just for clarity - are you saying that somebody who has FS and SP pension income in excess of £100,000 doesn't lose their personal allowance?

Such is the value of not having to pay National Insurance in retirement (and not losing your personal allowance if you have income over £100,000) That an employee needs a salary of £110,550 To receive the same amount of net income as someone with pension income of £100,000

@fryer_nathan No

Is anyone still on this platform?

@dontdelay Is that a good thing...

The better our clients' equity investments do, the more bonds they buy. Simply as an outcome of regular rebalancing.

@cliftonrugby Great season Clifton! We go again...

🏆 End of Season Awards 2024/25 🏆 A huge night celebrating the standout stars of our 1st XV, Wanderers, Misfits & club legends 💜🖤 Thank you to every player, coach, volunteer, and supporter who made this season so special. 🔗 View the full list: cliftonrugby.co.uk/news/end-of-se…

@dontdelay ps chips, not broccoli

When my son took his SATS exams last year, we asked what he wanted as a reward if he did well His answer? Wagyu Beef And tonight we’re eating it *chef’s kiss*

@dontdelay Well done, your son, and the steak looks great. Being devil's advocate, what would you have done if he tried really hard but did poorly in his SATs?

@TheSecretAcct I love my Defender 110, and not broken down yet. I don't have the sandwich box. Maybe my loss #ego

What the hell do people keep in those little boxes on the back side window of their action man Land Rover defenders?

@nicklincoln Widger will be unbearable

England has perfected the art of not playing second-half rugby. Time for Borthwick to go. We're getting worse.

@MavenAdviser Who was on the double brandy... did you dirty

What a night #CurryNight #HUMConf thank you to everyone who came 🙌 see you all next year 🥳🙌🥳🙌

@Finumus1 UK shitco bucket - love it. I am sure your elite global enterprises bucket smashes the S&P!

@Moneo_WM Sure - but this is my UK shitco bucket, not my elite global enterprises bucket.

Should I swap some #PHNX for #LGEN now that Phoenix has outperformed and the dividend yields are about the same at 9%?

@AlanJLSmith Your better than that...

The England football team visited an orphanage in Cologne today. “It's heartbreaking to see their sad little faces with no hope…” ..said Wolfgang age 6. #EngSlo #EURo2024

@TheSecretAcct @Diyetfinvesting For the majority, concentration leads to lower return than the market. See 90% of active fund managers over 10 years.

@Diyetfinvesting Concentration to build wealth and diversification to protect wealth.

Concentration or diversification?

@AbrahamOnMoney He has achieved that whilst often holding 20% of the assets in cash ($189B currently) vs 100% invested.

Warren Buffett: World’s richest index-hugger (but without the big fees) 😜 ‘Over 21 years, the return performance of the S&P and Berkshire are all but identical. On an annual basis, their performance is five basis points apart (the S&P has the meaninglessly tiny advantage). Yes, if you go back further, Berkshire crushes the index, but it is hard to see the relevance of that today, given how much the company has changed. Twenty years is plenty of time to assess an investment strategy.’ ft.com/content/021d89…

@AlanJLSmith V nice and quite the flex

The historical divide between home and office has changed and our new work environment reflects that. A place where the team can do focussed work, meet clients in relaxed rooms, grab a coffee together on the terrace or hit the gym for a workout. And maybe go for a drink on Thursday evening (it’s the new Friday!). Companies need to rethink the space they operate from and create an environment that the team love to come to, collaborate and do their best work. I love our new central London office space -we move in June, come visit us!

@a_rochalima Thanks for sharing.

We’re barely into the new tax year, and, I’ve already encountered my first example of how this poorly thought-through pensions legislation can negatively affect a client’s genuine life plan. 🤦‍♂️

@brettdavidson Yes, 100%, but it's an uncomfortable truth. Its often weeks after an event that I realise it.

Here’s an awful truth: Whatever the problem is in your business, it’s your fault. Here’s the thing. If you’re the owner of a business you have to be growing and developing you first and foremost. Do you agree?

@TheSecretAcct As you say, there is no magic solution. As always, best = dull and boring. People love to complicate the simple to show how clever they are. An IQ of 50 is plenty to be a great investor.

@Moneo_WM A Toyota Hilux with fresh water, tinned food, cash, diesel generator and a gun. Seriously though the only thing you can do it be diversified across various asset classes.

Is your portfolio positioned for the next black Swan event? Just like Jaws it’ll come along when you’re least expecting it. My prediction is a global IT virus now that we are so reliant on the cloud.

@brettdavidson No. Great new clients are the best part of the business IMO. Also most value added in those first 1-3 years.

Saying ‘no’ to new business is a total fantasy. Sure, you can say no to smaller leads and increase your minimums, but when that next perfect, ideal client arrives, are you really going to say ‘no’? Of course not you’re not. Are you?!