leonardratso

Members
  • Content Count

    4,054
  • Joined

  • Last visited


Reputation Activity

  1. Agree
    leonardratso reacted to Loki in Credit deflation and the reflation cycle to come (part 2)   
    I have lunacy fatigue from reading about this shit
     
  2. Agree
    leonardratso reacted to Bobthebuilder in Credit deflation and the reflation cycle to come (part 2)   
    Speaking as someone in their 50s, dont worry, you will be too before you know it. Life is what happens when your busy making plans.
  3. Lol
    leonardratso got a reaction from Loki in Credit deflation and the reflation cycle to come (part 2)   
    its the get rich never or get get broke slowly method.
  4. Informative
    leonardratso got a reaction from mh9000 in Credit deflation and the reflation cycle to come (part 2)   
    https://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/m/merian-gold-and-silver-r-gbp-accumulation
    ?
  5. Agree
    leonardratso got a reaction from Loki in Credit deflation and the reflation cycle to come (part 2)   
    i bailed at a loss months ago, stuck the residual  into sbgl i think, made it back and more, got to at some point bite the bullet, especially with shit like this, never know if it will be there next month or not, itsa bit like buying junk from china, you best make sure its cheap enough that you can write it off cos you aint going to pay to return it, thats what they bet on i reckon. Having said that, i recently bought a SS watch strap after mine broke, now it wasnt an exact replica of the broken one but its actually better quality than the original and locally the original second hand strap are going for 50-70 quid, the copy i paid £12.99 for (expensive by chinese standards) and i was pleasantly surprised when it arrived, its damn good, and solid - none of this cheap hollow folded crap and works much better than the original ever did.
     
    SS - stainless steel (not the nazi guys).
  6. Agree
    leonardratso got a reaction from Loki in Credit deflation and the reflation cycle to come (part 2)   
    all failed investments become long term.
  7. Agree
    leonardratso reacted to Ponty Mython in Credit deflation and the reflation cycle to come (part 2)   
    Is it not down to the fact that they claim to be a bit less shit than they have been for the last few years?!
  8. Agree
    leonardratso reacted to JackieO in Piety   
    [pedant] That's Antoinette Sandbach ex Tory MP who got  the whip removed in September and was then later lost a vote of no confidence by the Eddisbury Conservative Association. She's standing as a Libdum in December. [/pedant] 
    6'5" and absolutely gorgeous. 

     
  9. Agree
    leonardratso got a reaction from S Brule in What's going to collapse next...   
    woodford liked them. nuff said.
  10. Agree
    leonardratso got a reaction from Calcutta in What's going to collapse next...   
    woodford liked them. nuff said.
  11. Lol
    leonardratso got a reaction from mattydread in The most dangerous place to live   
    they havent arrived yet, rest assured, we will forward your quota asap.
  12. Lol
    leonardratso got a reaction from MrXxxx in Credit deflation and the reflation cycle to come (part 2)   
    shandy
  13. Agree
    leonardratso reacted to spunko in France plans to nationalize land   
    I would trust the government to put interest rates up more than the globalists running the BoE with their quasi-independent status. It happened only 25 years ago, not that long at all, if Corbyn gets in then who knows what will happen at the BoE. They'll try to counter his mental economics with whatever they can - I can foresee 6% interest rates in the next couple of years personally.
  14. Agree
    leonardratso reacted to Talking Monkey in Credit deflation and the reflation cycle to come (part 2)   
    Or maybe the last 30-50 years in this country was an aberration in terms of  plenty (or enough at least) for all. Before that it was poverty for the majority of the population and maybe we are heading back to that
  15. Agree
    leonardratso got a reaction from spunko in Amputation   
    painting lard eh? ill send that to damian hirst immediately.
  16. Agree
    leonardratso reacted to Wight Flight in What's going to collapse next...   
    Jesus wept 
    We have btb companies that factor their debts to ensure cash flow that they couldn't get elsewhere.
    And now btc can effectively reverse factor their suppliers.
    The one thing I know is that it is virtually impossible to undo either of these two arrangements.
    I wouldn't touch any company that uses either. Though sadly as a supplier you don't always know your customers use factoring.
    Zombies, the lot of them.
  17. Lol
    leonardratso got a reaction from Lavalas in What's going to collapse next...   
    its not a long term thing for the directors, its a case of extracting as much money from the turkey as possible then flitting elsewhere to do it again.
    Theres virtually no come back on them, they dont care if the company fails miserably in a few years (or months), i doubt they even care what the business is, could be mining, could be 5 blokes shitting in a hole  sequentially.
  18. Agree
    leonardratso got a reaction from Castlevania in Credit deflation and the reflation cycle to come (part 2)   
    seems to fill those that do with lysteria and gastroenteritis .
  19. Agree
    leonardratso got a reaction from Tdog in Credit deflation and the reflation cycle to come (part 2)   
    seems to fill those that do with lysteria and gastroenteritis .
  20. Lol
    leonardratso reacted to DurhamBorn in Credit deflation and the reflation cycle to come (part 2)   
    @Yellow_Reduced_Sticker
    youl like this one.Iv just bought a side unit and set of draws,side unit for tv to stand on,133cmx90cmx42cm .Barker and Stonehouse in solid walnut.Got them from a real posh house near Durham,,they were downsizing moving south to be near family,paid £60 for both,and they are in superb condition.I reckon for the two new in B+S they would of been over £1500.Iv had some bargains on there,but i reckon this is the best iv had.Love my old Peugeot estate for picking things up
     
  21. Agree
    leonardratso got a reaction from spunko in THE MAJORS SURVIVAL THREAD   
    i always find an ever cascading list of lists with summaries is the best way to produce a never ending list.
    I also have a plastic bag full of plastic bags which themselves are stuffed with plastic bags, ad infinatum.
     
    occassionally i burn the house down and start again elsewhere under an assumed identity.
  22. Informative
    leonardratso got a reaction from Harley in Credit deflation and the reflation cycle to come (part 2)   
    anyways, heres a recap of DB;s earlier portfolio splits fro his pops, i already had some of these and some pure gamblers, some im  not too keen on, others i like the look of but never considered before. Anyway, i added SSE and DRX but as they fall i move the regular investement down another week to try and catch the lower prices, might miss some 'noise; up/down, expect a kicking at some point, but like the fat bloke losing weight - youve got to start somewhere.
    "
    reflation portfolio % Weight Sector 1 IMPERIAL BRANDS 10.6% 2 VODAFONE GROUP 9.9% 3 BRITISH AMERICAN TOBACCO 7.9% 4 CENTRICA 7.4% 5 CARD FACTORY 7.2% 6 NEWRIVER REIT 7.0% 7 ROYAL MAIL 6.7% 8 STANDARD LIFE ABERDEEN 6.6% 9 GO-AHEAD GROUP 6.5% 10 STAGECOACH GROUP 5.6% 11 BT GROUP 5.6% 12 PLAYTECH 5.1% 13 SSE 4.7% 14 TUI AG 4.3% 15 Cash 3.7% 16 WILLIAM HILL 1.3% My dad sold his gold miners for a 36% profit and added it to the dosh he made selling Anglo American for a 300% gain and BHP and Rio.He asked me to build a divi portfolio with 15 to 17 stocks from the money with a max weighting of 20% in any one sector .Iv been building it over the last 3 months and its nearly finished.The cash was meant for William Hill but they bounced too much as i was laddering so it will stay as cash for now.The portfolio is as above.He said the income over 10 years needs to cover any capital falls. He has a bigger portfolio and other investments,the above one was built from profits in the above and an extra £20k.He tagged the bottom on Harmony Gold with a decent stake and took 50% profit from them in a few months. Euro @Harley on Germany can you run the rule over Solvay SA , Evonik Industries , Bayer AG , Covestro and BASF im setting up ladders in all of them if balance sheets look ok.Also in Finland i think Cargotec Corporation ,another im starting to buy once balance sheet looked over. Some of these are big in animal feed chemicals,animal health,oil field drilling chemicals ,port and timber transport infrastructure etc,all getting hit and all might be big winners in a reflation as they feed into the high inflation areas and likely demand areas that outrun production. Oh and Telefonica though im exposed to telcos already,their chart looks like capitulation. OIL @Cattle Prod i agree to avoid shale.Im really interested in the decent sized companies. I want the ones who might double the divi or treble it in the next cycle. Been looking at the ones SP put up.Like Equinor and Repsol for starters. FOOD Iv started to look at food companies where input costs shouldnt hit them as hard as the output increase in prices. Mowi ASA is one il be buying,one of the biggest farmed salmon producers. Also Leroy Seafood. STEEL I look at the cycle ahead and consider it towards my goals.My main goal is not to get wiped out by capital destruction or inflation.I then have,and am slowly tilting my assets to a broad spread of companies that i think will do well as a whole,some as a direct result of inflation,some due to the affect that inflation has. For instance iv got ladders in place for SSAB steel.They might get a real big kicking down in a deflation event,but if they survive that they should do very well given they supply the main tractor,digger and green energy companies.They are ahead of the curve on moving their blast furnaces to electric and that could make a massive difference back end of the cycle.  
    "
     
  23. Agree
    leonardratso reacted to DurhamBorn in Credit deflation and the reflation cycle to come (part 2)   
    Its very difficult to put forward full portfolios because my own is still in build mode and indeed wouldnt be right.I often top slice,sell,buy etc over the build period.People are on their own really with their own assets.This thread is more to bounce ideas around,and then to go off and do more research.
    In simple terms the areas of interest are where government investment will push up demand and pricing and long bear markets will end.The things to avoid are areas that rely on the consumer,or on inflation staying low.
    People shouldnt worry too much,but simply tilt their portfolio to inflation loving areas.Its not about all in on a couple of sectors,its about having a diverse portfolio that will probably under perform if dis-inflation continues,but should/will outperform by a very decent amount if we get inflation.
  24. Agree
    leonardratso got a reaction from Durabo in Credit deflation and the reflation cycle to come (part 2)   
    anyways, heres a recap of DB;s earlier portfolio splits fro his pops, i already had some of these and some pure gamblers, some im  not too keen on, others i like the look of but never considered before. Anyway, i added SSE and DRX but as they fall i move the regular investement down another week to try and catch the lower prices, might miss some 'noise; up/down, expect a kicking at some point, but like the fat bloke losing weight - youve got to start somewhere.
    "
    reflation portfolio % Weight Sector 1 IMPERIAL BRANDS 10.6% 2 VODAFONE GROUP 9.9% 3 BRITISH AMERICAN TOBACCO 7.9% 4 CENTRICA 7.4% 5 CARD FACTORY 7.2% 6 NEWRIVER REIT 7.0% 7 ROYAL MAIL 6.7% 8 STANDARD LIFE ABERDEEN 6.6% 9 GO-AHEAD GROUP 6.5% 10 STAGECOACH GROUP 5.6% 11 BT GROUP 5.6% 12 PLAYTECH 5.1% 13 SSE 4.7% 14 TUI AG 4.3% 15 Cash 3.7% 16 WILLIAM HILL 1.3% My dad sold his gold miners for a 36% profit and added it to the dosh he made selling Anglo American for a 300% gain and BHP and Rio.He asked me to build a divi portfolio with 15 to 17 stocks from the money with a max weighting of 20% in any one sector .Iv been building it over the last 3 months and its nearly finished.The cash was meant for William Hill but they bounced too much as i was laddering so it will stay as cash for now.The portfolio is as above.He said the income over 10 years needs to cover any capital falls. He has a bigger portfolio and other investments,the above one was built from profits in the above and an extra £20k.He tagged the bottom on Harmony Gold with a decent stake and took 50% profit from them in a few months. Euro @Harley on Germany can you run the rule over Solvay SA , Evonik Industries , Bayer AG , Covestro and BASF im setting up ladders in all of them if balance sheets look ok.Also in Finland i think Cargotec Corporation ,another im starting to buy once balance sheet looked over. Some of these are big in animal feed chemicals,animal health,oil field drilling chemicals ,port and timber transport infrastructure etc,all getting hit and all might be big winners in a reflation as they feed into the high inflation areas and likely demand areas that outrun production. Oh and Telefonica though im exposed to telcos already,their chart looks like capitulation. OIL @Cattle Prod i agree to avoid shale.Im really interested in the decent sized companies. I want the ones who might double the divi or treble it in the next cycle. Been looking at the ones SP put up.Like Equinor and Repsol for starters. FOOD Iv started to look at food companies where input costs shouldnt hit them as hard as the output increase in prices. Mowi ASA is one il be buying,one of the biggest farmed salmon producers. Also Leroy Seafood. STEEL I look at the cycle ahead and consider it towards my goals.My main goal is not to get wiped out by capital destruction or inflation.I then have,and am slowly tilting my assets to a broad spread of companies that i think will do well as a whole,some as a direct result of inflation,some due to the affect that inflation has. For instance iv got ladders in place for SSAB steel.They might get a real big kicking down in a deflation event,but if they survive that they should do very well given they supply the main tractor,digger and green energy companies.They are ahead of the curve on moving their blast furnaces to electric and that could make a massive difference back end of the cycle.  
    "
     
  25. Agree
    leonardratso got a reaction from DurhamBorn in Credit deflation and the reflation cycle to come (part 2)   
    anyways, heres a recap of DB;s earlier portfolio splits fro his pops, i already had some of these and some pure gamblers, some im  not too keen on, others i like the look of but never considered before. Anyway, i added SSE and DRX but as they fall i move the regular investement down another week to try and catch the lower prices, might miss some 'noise; up/down, expect a kicking at some point, but like the fat bloke losing weight - youve got to start somewhere.
    "
    reflation portfolio % Weight Sector 1 IMPERIAL BRANDS 10.6% 2 VODAFONE GROUP 9.9% 3 BRITISH AMERICAN TOBACCO 7.9% 4 CENTRICA 7.4% 5 CARD FACTORY 7.2% 6 NEWRIVER REIT 7.0% 7 ROYAL MAIL 6.7% 8 STANDARD LIFE ABERDEEN 6.6% 9 GO-AHEAD GROUP 6.5% 10 STAGECOACH GROUP 5.6% 11 BT GROUP 5.6% 12 PLAYTECH 5.1% 13 SSE 4.7% 14 TUI AG 4.3% 15 Cash 3.7% 16 WILLIAM HILL 1.3% My dad sold his gold miners for a 36% profit and added it to the dosh he made selling Anglo American for a 300% gain and BHP and Rio.He asked me to build a divi portfolio with 15 to 17 stocks from the money with a max weighting of 20% in any one sector .Iv been building it over the last 3 months and its nearly finished.The cash was meant for William Hill but they bounced too much as i was laddering so it will stay as cash for now.The portfolio is as above.He said the income over 10 years needs to cover any capital falls. He has a bigger portfolio and other investments,the above one was built from profits in the above and an extra £20k.He tagged the bottom on Harmony Gold with a decent stake and took 50% profit from them in a few months. Euro @Harley on Germany can you run the rule over Solvay SA , Evonik Industries , Bayer AG , Covestro and BASF im setting up ladders in all of them if balance sheets look ok.Also in Finland i think Cargotec Corporation ,another im starting to buy once balance sheet looked over. Some of these are big in animal feed chemicals,animal health,oil field drilling chemicals ,port and timber transport infrastructure etc,all getting hit and all might be big winners in a reflation as they feed into the high inflation areas and likely demand areas that outrun production. Oh and Telefonica though im exposed to telcos already,their chart looks like capitulation. OIL @Cattle Prod i agree to avoid shale.Im really interested in the decent sized companies. I want the ones who might double the divi or treble it in the next cycle. Been looking at the ones SP put up.Like Equinor and Repsol for starters. FOOD Iv started to look at food companies where input costs shouldnt hit them as hard as the output increase in prices. Mowi ASA is one il be buying,one of the biggest farmed salmon producers. Also Leroy Seafood. STEEL I look at the cycle ahead and consider it towards my goals.My main goal is not to get wiped out by capital destruction or inflation.I then have,and am slowly tilting my assets to a broad spread of companies that i think will do well as a whole,some as a direct result of inflation,some due to the affect that inflation has. For instance iv got ladders in place for SSAB steel.They might get a real big kicking down in a deflation event,but if they survive that they should do very well given they supply the main tractor,digger and green energy companies.They are ahead of the curve on moving their blast furnaces to electric and that could make a massive difference back end of the cycle.  
    "