The problem isn’t the Rolex It’s always being charged Rolex prices but getting anything from a Rolex to Casio

I was today years old 😬 Played his songs at countless weddings and party gigs in my 20s too 🤣🤦‍♂️

“We have investigations every week where people come in…& I listen to them, & then I challenge them. & then…I can hear they don’t quite understand the paradigm shift I’m talking about, because they’ve not discovered it yet.” @RestIsPolitics this was wild - gnostic economics!

Who could possibly have seen it coming? Companies whose business model is owning an inert asset are now worth less than the asset they hold as shareholders realise it costs money to run companies 🤦‍♂️ https://t.co/W3IMhLm117 Crypto hoarders dump tokens as shares tumble

If $swc ran as Investment Trust they would need to disclose the fees associated with running their fund Dread to think what SWC’s running costs are - easily £1-2m per year on governance, audit, compliance, legals costs etc If $btc runs down to £65k or lower this could implode

At $btc maturity, where price stabilises and value is based on something other than momentum, you essentially have a company holding a motionless asset. We don’t have Gold treasury companies for a reason. Investment Trusts, ETFs, etc yes but not masquerading as something else

It was never clever, it was, and is, unsophisticated financial engineering that is reliant on new flows of capital to fund the purchase of an income less asset Even if you believe the $btc story treasury companies don’t make sense.

We’re starting to see what happens to companies whose business plan was “buy a load of Bitcoin” when the asset drops below what they bought it for. $SWC is now worth less than its underlying holdings because it will eventually need to sell in order to fund operations.

If you think you have a simple answer to a complex problem then you like don’t understand the problem properly

Also - please scrap the triple lock - it’s slowly crippling us as a country

In 2018-19 there were 474,000 If all are on the new state pension that’s a £2.5bn - £5bn saving (depending on numbers is tapered) Might upset a few clients here but they’d probably rather that than further IHT

This IHT on Pension legislation just gets worse and worse the more you delve into it. This could go down as the worst piece of pensions legislation in history.l and do untold damage to faith in pensions. The complexity is just unreal!

This would turn property into a trade rather than investment income. The quid pro quo being Property rental income becomes Pensionable/deductible? Also - incorporation becomes the obvious mitigation. @TorstenBell - just scrap the Triple lock - we all know it’s bankrupting us!

Site your source please. This has the distinct feel of a completely made up statistic.

Progress in life is rarely self-made. Every step forward borrows someone else’s capital, knowledge, or belief. The climb may be yours, but the footholds belong to others.

NEW OBR fiscal risks report: - Triple lock is costing treble what it was initially assumed to cost when introduced in 2012… - £15.5bn a year rather than £5bn a year and is - State Pension on course to cost 7.5% of the UK’s entire GDP within 50 years, was 2% in 50s, now 5%

If the “DWP - Official Notice”, 9 other random numbers in a group text and short time sensitive deadline wasn’t a red flag the following was a dead giveaway: ”DWP is committed to giving strong and timely livelihoods to UK residents” 😂

Napoleon's definiton of a military genius was "The man who can do the average thing when everyone else around him is losing his mind." Same in investing.

The number of enquiries we have about dealing with this cliff edge is unreal. Our adjusted net income calculator is the most popular page on our website. We have clients taking unpaid leave to reduce income - absolute madness!

@VouchedFor Fair play @VouchedFor - quick response to this and have addressed all concerns.