A statistic to stop you in your tracks: "A 20-year-old today has a better chance of having a living grandmother than a 20-year-old in 1900 had of having a living mother" – @MerrynSW writing in today's FT
Monevator
7,648 posts
Monevator
@Monevator
All about investing since 2007! Loves to explain but more to learn. Named best UK investing blog at the SHOMO Awards.
Blog posts and tweets are NOT advice.
- Only c.8% of Shell's sales are from the UK and most of that £32 billion profit was earned overseas. Two years ago Shell made NO operating profits. Same in 2015. If our policy is "take money off any UK companies that have a good year" then we will indeed have fun staying poor.Shell have announced record profits of £32 billion, a rate of £90 million profit every day in 2022. Meanwhile, we are getting absolutely fleeced by energy companies and the government is doing fuck all about it. They are taking the piss out of us. bbc.co.uk/news/uk-644891…
- Replying to @laurapurkess and @MsSMoreauThey had it on CCTV!?! That's a disgrace it wasn't pursued. No doubt it wasn't the first or last time he'd done this. I'm sorry to hear it Laura.
- "I hit my FI number!" Monevator's passive investing obsessive The Accumulator achieves his ten-year goal ahead of plan and before his 50th birthday, all with cheap tracker funds. :)
- The go-to index-linked bond ETF for DIY investors in the UK is down 48% year-to-date and more than 50% peak-to-trough. It's down 26% in the past FIVE days. Save this Tweet to show your grandkids 🤯
- There's too much panic and gloom out there. This is very bad, but it's not the end of the world. It's not even the end of the equity market. A message to my readers, and anyone else who needs it.
- We don't need to tax people on six-figure salaries at much higher rates. We need many more people on six-figure salaries.
- Immense thanks from all of us ordinary investors around the world. R.I.P. Jack. You've earned it.John Bogle, who founded Vanguard and revolutionized retirement savings, dies at 89 philly.com/business/a/joh…
GIF - The future is here: the UK economy is 5.5% smaller due to Brexit. This is why we have Austerity 2.0 and tax rises, and it's why there's no extra money for the NHS. From now let's ignore Brexiteers on economic issues like we ignore flat Earthers.
- Investing platforms are not built equally: a personal review of the quirks
- Warren Buffett is the sixth richest person in the world, and in the latest annual letter he gives most of the credit to somebody else. This is what humility looks like 🙇♀️🙇♀️🙇♀️
- The Brexit supporters who retort "give it a rest" when you point out the consequences of their actions can do one Brexit's negative impacts will persist for many years. Buckle up to hear about them for many years It's not my problem the damage outlasts your attention span
- Just 53 followers away from being a 12 years in the making overnight success story on Twitter!
- "You should never, when facing some unbelievable tragedy, let one tragedy increase into two or three through your failure of will." – Charlie Munger
