Search found 85 matches

by djbenedict
October 30th, 2019, 9:15 pm
Forum: How Do I Invest
Topic: Retirement - from those that have
Replies: 24
Views: 1799

Re: Retirement - from those that have

Amongst my own circle of friends the prevailing problem is not that of insufficient income and capital but one of leaving their offspring with ridiculous ammounts of IHT to pay. This is what is known as a high quality problem, but can be described mainly as one of perspective: it is generally the e...
by djbenedict
October 30th, 2019, 9:50 am
Forum: Retirement Investing (inc FIRE)
Topic: When to stop/reduce pension contributions and rely on growth?
Replies: 25
Views: 3609

Re: When to stop/reduce pension contributions and rely on growth?

Did you read the assumptions? They assume you will retire on 55-85% of your current income (can’t tell if they mean net or gross). I’ve never understood the logic of retirement projections based on income and not spending multiples. Further, two full state pensions are assumed which provide between...
by djbenedict
October 29th, 2019, 9:43 pm
Forum: Retirement Investing (inc FIRE)
Topic: When to stop/reduce pension contributions and rely on growth?
Replies: 25
Views: 3609

Re: When to stop/reduce pension contributions and rely on growth?

Just as a coda to this, recently read this Fidelity article which has some suggested 'rules of thumb' for size of pension pot for typical (2 person) households: https://www.fidelity.co.uk/how-much-enough-to-retire/ Fairly simplistic stuff, but I found the first table, giving target multiples of annu...
by djbenedict
October 24th, 2019, 11:30 am
Forum: Share ideas
Topic: Lions Gate Entertainment
Replies: 5
Views: 1131

Re: Lions Gate Entertainment

I like the investment thesis. Any other contenders in this content/back-catalogue space? I am quiet light on media companies, only holding ITV which I bought way back when (2006 now I look). Not quite in the same league but there is occasional speculation about M&A.
by djbenedict
October 23rd, 2019, 11:23 am
Forum: Bitter Lemons
Topic: Tired?
Replies: 10
Views: 1142

Re: Tired?

UncleEbenezer wrote:A three-mile walk every day doesn't help me sleep. :(


Have you tried walking further?
by djbenedict
October 20th, 2019, 8:24 pm
Forum: Biscuit Bar
Topic: A proposal to relabel the Polite Discussions board
Replies: 31
Views: 2029

Re: A proposal to relabel the Polite Discussions board

Isn't it time to institute a Brexit subforum (obviously requiring polite discussion)?
by djbenedict
October 19th, 2019, 6:10 pm
Forum: Beerpig's Snug
Topic: Coffee
Replies: 31
Views: 1730

Re: Coffee

Also while in Ethiopia I was invited by some locals round to their hut where they performed a traditional coffee ceremony, all very involved roasting on little charcoal stove and grinding etc, took about half an hour or more to make it, smelled great in the hut but the drink was absolutely vile as ...
by djbenedict
October 18th, 2019, 9:53 pm
Forum: Beerpig's Snug
Topic: Coffee
Replies: 31
Views: 1730

Re: Coffee

I like coffee made in a cafetière. My view is that any ground coffee is basically fine, but it goes stale very quickly, by which I mean a day or two at most. (It is the staleness which translates to a bitter flavour in the drink, I believe). To avoid vast amounts of waste, therefore, I buy coffee b...
by djbenedict
October 18th, 2019, 9:38 pm
Forum: Beerpig's Snug
Topic: Coffee
Replies: 31
Views: 1730

Re: Coffee

I have been given coffee that has apparently passed through the digestive system of a Balinese rodent. Apparently it is quite expensive and delicious. It remains unopened. A cat, not a rodent, I believe. They say it's best if you civet before you drink it. Wikipedia: Kopi luwak, or civet coffee, is...
by djbenedict
October 18th, 2019, 4:00 pm
Forum: Beerpig's Snug
Topic: Coffee
Replies: 31
Views: 1730

Re: Coffee

I like coffee made in a cafetière. My view is that any ground coffee is basically fine, but it goes stale very quickly, by which I mean a day or two at most. (It is the staleness which translates to a bitter flavour in the drink, I believe). To avoid vast amounts of waste, therefore, I buy coffee be...
by djbenedict
October 17th, 2019, 8:52 pm
Forum: Beerpig's Snug
Topic: 50 years old
Replies: 93
Views: 4600

Re: 50 years old

Nothing complex about this. Fitness (and unfitness) are adaption processes. If you want to get fitter, you will have to get out of breath a bit, etc. That stimulates your body to change. If you don't get out of breath a bit, etc., your body won't change. The end. Don't listen to anyone who makes it ...
by djbenedict
October 12th, 2019, 6:11 pm
Forum: Company Share news (LSE Main Market)
Topic: Fuller, Smith & Turner (FST)
Replies: 1
Views: 324

Re: Fuller, Smith & Turner (FST)

Proceeds from the capital return were in my account this morning.
by djbenedict
October 12th, 2019, 6:10 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Fuller's
Replies: 17
Views: 4012

Re: Fuller's

Proceeds from the capital return were in my account this morning.
by djbenedict
October 11th, 2019, 9:41 am
Forum: Cars, Driving, Motorbikes or any Transport
Topic: Winter Tyres in the UK. A good idea? Practicalities
Replies: 20
Views: 1711

Re: Winter Tyres in the UK. A good idea? Practicalities

It totally depends on the car. From personal experience, on a rear wheel drive car with traction control, normal summer tyres are un-drivable in icy conditions. As in, can't go up the slightest slope. Normally when you turn the traction control 'off', it's not really off; so one or both of the back ...
by djbenedict
October 7th, 2019, 11:03 am
Forum: Retirement Investing (inc FIRE)
Topic: Whether to take a lump sum at 55
Replies: 30
Views: 3025

Re: Whether to take a lump sum at 55

I'd suggest at 55 crystallising the SIPP using flexible drawdown and taking out the 25% tax free lump sum rather than using UFPLS. The reason is that there is an LTA test when you crystallise the pension but no further LTA tests when you drawdown money. There is a final test when you reach age 75 b...
by djbenedict
October 2nd, 2019, 3:14 pm
Forum: Beerpig's Snug
Topic: The future of the planet.
Replies: 116
Views: 4467

Re: The future of the planet.

Agree wholeheartedly - I just don't see a mechanism to achieve it by a sufficient degree (i.e. reduction per person) as well as by a sufficient fraction of the population. Don't be too gloomy. Electricity production by renewable resources is over 25% in the UK and growing rapidly. Cars, houses, air...
by djbenedict
September 27th, 2019, 10:41 am
Forum: Beerpig's Snug
Topic: The future of the planet.
Replies: 116
Views: 4467

Re: The future of the planet.

Yes, obviously. But, to state the obvious, changing the birth rate does absolutely nothing about the emissions of the 7.5 billion people on the planet already. Therefore, if you actually want to have an impact you need to change behaviour. This is in fact a double win, because it can immediately re...
by djbenedict
September 27th, 2019, 10:20 am
Forum: Beerpig's Snug
Topic: The future of the planet.
Replies: 116
Views: 4467

Re: The future of the planet.

To plough on without a care in the world because ' something's going to turn up tomorrow to sort it all out ' feels like sheer stupidity to me, but hey ho.... That is exactly what you are suggesting, to my mind. Never mind what the 7.5 billion people produce in terms of CO2, but worry about whether...
by djbenedict
September 27th, 2019, 10:15 am
Forum: Beerpig's Snug
Topic: The future of the planet.
Replies: 116
Views: 4467

Re: The future of the planet.

surely the size of the pyramid in the next generation is utterly critical then? We're currently increasing CO2 at about 2.5ppm/year. The higher people * standard of living (controlling for CO2 intensity) is, the faster it will go up each year. Don't we want to minimise the level it is at when we ge...
by djbenedict
September 26th, 2019, 12:22 pm
Forum: Beerpig's Snug
Topic: The future of the planet.
Replies: 116
Views: 4467

Re: The future of the planet.

You seem very certain of the truth of your theory. However, people in the pyramid past the next generation, or maybe the one after that, will probably be net zero CO2 emitters over their lifetimes. Or certainly much lower emitters, following the prevailing trends of decarbonisation. Is that a facto...

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