I'll post about a mix of UK & US names I follow and some other stuff. Not financial advice. Just a bloke with a spreadsheet trying to compound 😅
Looking forward to chatting investing. Drop a follow if that sounds like your cup of tea #UKstocks#FinancialFreedom#Investing
@Mr_Derivatives I’ve thought for a while that is my base case. I think $PYPL could be a long shot in there too. Still not touching it at these valuations though.
@MichaelNaussCMT I think you could be right. I’m actually starting to wonder if the US/Iran deal when it eventually arrives could be the ultimate sell the news.
@InvestmentBites@StockMKTNewz They’ll need to sell an equal amount of the rest of the index as well, which could cause some unusual flows on the current big names.
@InvestmentBites Defo good for the long term, I’m just a little cautious of the hyperscaler circular revenues. More so for $GOOG and $AMZN. Hoping $INTU can run a bit off the base following the likes of $NOW last week
@KobeissiLetter Wow, what a surprise. I’m totally shocked and couldn’t possibly have predicted that it was going to be a ‘no deal’ situation announced just after the market close.
@michaeljburry I honestly think you’re right, but at least 12 months early still yet on the hyperscalers. You’re probably doing alright on $PLTR so far though.
A farmer dies in April 2026.
His son inherits the farm. The farm has been in the family since 1847.
The farm consists of: 300 acres of grazing pasture, a farmhouse built in 1892, a barn, a milking parlour, two tractors of varying ages, a Land Rover that runs about 70% of the time, and a herd of 180 Hereford-cross cattle.
On paper, the farm is worth approximately £3.2 million. This is because land near him has been bought recently by a London hedge fund looking for carbon credits, which has dragged the comparable value of every field within forty miles upward to a number nobody local can justify.
In cash, the farm produces a profit of about £28,000 a year in a good year. In a bad year it loses money. The son also works as a fencing contractor three days a week to keep the operation viable.
The inheritance tax bill on a £3.2 million estate, even at the reduced 20% rate, comes to approximately £140,000 after the increased threshold is applied. The son does not have £140,000. The son has never had £140,000. The son has £4,200 in his current account and an overdraft.
The son sells 60 acres to a developer to pay the tax. The developer puts solar panels on the 60 acres. The remaining herd cannot be sustained on the reduced land. The herd is sold. The barn becomes a holiday let.
A different family eats Brazilian beef this Christmas without knowing why the price went up.
The Treasury collects £140,000.
The land never produces British food again.