Patryk Dyjecinski

I tweet mostly about investing, economics and personal finance. Not a professional account.

[Fiona @Fiona35352137]

The so-called “unaffordable” triple lock, meant that I got a huge increase of £8.62 a week this year.

Less than one hours pay at minimum wage.

I’ve had enough of being the scape-goat.

[Patryk Dyjecinski @patrykd30]

@AlanJLSmith @BitcoinColl When did you join and how much of the balance sheet has this helped preserve?

[Patryk Dyjecinski @patrykd30]

@AlanJLSmith If pension contributions are reduced, then the second order impact is more income tax revenue.
I'm not saying it's good policy (it isn't) but in this case it seems you have neglected to think of the second order impact.

[Patryk Dyjecinski @patrykd30]

@TheSecretAcct Chasing dividend yield is a bonkers strategy.

[Patryk Dyjecinski @patrykd30]

Bitcoin down on the year and underperforming inflation. FTSE 100 solves this!

[Patryk Dyjecinski @patrykd30]

@moving_charlie I hope your stock calls are better than your property calls!

[Patryk Dyjecinski @patrykd30]

@dontdelay 1) Even in the 90's, the S&P500 was the reference in the city.
2) The Dow is the original US index so there is historical attachment?
3) The dow isn't just a very narrow index. It's also price weighted rather than capitalisation weighted. So a very poor index.

[Patryk Dyjecinski @patrykd30]

@pdragoumis Yes. I barely made it on my Chiswick jog along the river this morning.
If heading west towards Kew, I strongly recommend a flak jacket.

[Patryk Dyjecinski @patrykd30]

@seanbamforth @AlanJLSmith He’s talking about the state pension and not any sort of pension that one has ‘paid into’.

[Patryk Dyjecinski @patrykd30]

@DanielPriestley Dubai's function seems no different to other offshore destinations. Low on innovation, high on tax dodging.
Why do some many OECD countries (UK included) have generous dual-taxation treaties with the UAE? Am I missing something? What do they bring to the table?

[Patryk Dyjecinski @patrykd30]

@moving_charlie You're using real house prices to make a -ve equity argument where nominal prices are the relevant metric. (inflation is great when you have debt!)
Honestly, do yourself a favour and take some intro courses in stats and finance.
I'm not a property but a numerical literacy fan.

[Patryk Dyjecinski @patrykd30]

@AlanJLSmith I think it's unlikely.
Scrapping triple lock (which they should) and raising age (which they will have to) more likely route.

[Patryk Dyjecinski @patrykd30]

@moving_charlie Even a broken clock is right twice a day.

[Patryk Dyjecinski @patrykd30]

I don't want to give the government any ideas but there are plenty of ways to hold cash or get cash-like returns in your Stocks & Shares ISA.

[Patryk Dyjecinski @patrykd30]

@paullewismoney This attitude toward investing has left many people poorer — and the country worse off.

[Patryk Dyjecinski @patrykd30]

My surely soon-to-be-famous rule for buying a car:

Spend no more than the greater of £20,000 or 1% of your net wealth. Less is fine — it's a cap, not a target.

[The Motley Fool @themotleyfool]

The ride gets bumpy. Stay seated.

[Patryk Dyjecinski @patrykd30]

@nicklincoln US equities (MSCI USA IMI) are down about 20% since the orange one became president when measured in £ or €.
The weakness of the $ has propped up US markets and it makes no sense to look at it this way from a UK investors perspective.

[Patryk Dyjecinski @patrykd30]

@pdragoumis @nicklincoln Putin isn’t afraid of NATO. He’s afraid of democracy.