mh9000

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About mh9000

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  1. For those with investments like me <15k say, is there a good way to get silver exposure via a fund in an isa without individual miners? Not sure individual ones would give me enough breadth with this size pot... From what I gather there is some silver crossover in GDX and GDXJ, is that “enough” exposure to benefit, if there’s no alternative? A lot of the Silver miner trackers aren’t available in ISAs it seems. thanks
  2. Looking either somewhere in or between north/east Leeds area due to wanting short trip to work. Pension and other investments are pretty minimal for my age as I’d put it into a deposit instead. I’m not young but not that old either, 34. I’ve managed to get a fair deposit in cash approx 85k, but still waiting it out. I was moving all over the country doing contract work so didn’t actually need a place as would never be there but now back in one place. I could just about get a place now and be done with it, try and pay off as fast as I can but having waited this long holding out for a drop I may as well hold out for the “big one”. Just hope the cash isn’t eroded in the mean time and it actually does come. So to answer your question OP, sounds like we’re in a similar position having thankfully been shown this site (except up north) I’m waiting for now. Not sure how much longer I can take though!
  3. That’s crazy, why the huge difference in benefits out of interest? presumably kids under 18?
  4. I’m working as a mechanical engineer (albeit quite a junior) and just moved to O&G services as things seemed to be picking up a bit. I’m involved with subsea systems. I went into it fully prepared to move to another area of engineering altogether as you’ve alluded to above, don’t think it would last what’s left of my working life (although there may be decommissioning work etc.) Fortunately what I’m doing is fairly translatable to other areas as it’s mechanical design/analysis regardless of the O&G side. Could you elaborate a bit more on the bold part and about the plans for alternative careers ? How long do you think is left in these sort of engineering O&G services jobs ?
  5. Been following the thread closely, mainly lurking! Really appreciate the advice and help from all, best thread on the internet! (edit- should add a good friend pointed me here as it moved from hpc) Not contributed much as other than my own story I can’t offer much yet in as I’m still quite a novice and something of a relative whippersnapper at 34. Most of my “wealth” is in cash for a house deposit as I’ve mentioned in an earlier post but starting to put some via a S&S ISA into VOD, BT, CNA, RMG for the longer run. @DurhamBorn I wanted to ask about the big downturn for your place, do you think it’s specific to them or your work’s competitors, such as CAT? They seem to be booming at the minute and and they’re pretty involved in providing engines/generators for mining and some O&G stuff but do you think they’ll be subject to the same problems as your current place? For what it’s worth I’m now working as a mechanical engineer, at one the oilfield services places mentioned (although I’m new to O&G) a few of my colleagues telling me about the good times of $150 a barrel, been a lot of cuts since and it’s a lot more modest now but I hope I can survive there long enough to see something like that again or may have to move industry all together. Really interested to hear from @Cattle Prod Anyway, thanks all - I will try and chip in something useful in future!
  6. @spygirl@janch Thanks for the replies, I'm looking at up north or possibly west midlands depending on job.
  7. I think there’s a few people like me, a FTBer millennial in their 30s with a reasonable income and a 50% deposit due to saving a fair chunk, sat waiting for the time to buy. My dilemma is do I buy sooner and have a place to live and hopefully not be as fucked as the example of Tom and Lucy due to having a smaller mortgage thanks to the deposit OR stick it out a bit longer wait for the drop that might not happen and my 50% deposit then becomes a 75% deposit on the now reduced house?? Not wanting to profit from the misery of others but if I wait I’m sure there would be some scenario like the above where a good deal could be had...
  8. Hi all, First post after lurking for some time and reading through everything in this thread. Firstly thank you all for sharing this knowledge. I think someone else made a thread "for newbies" on this topic on how to respond to the deflation/reflation roadmap/ideas discussed elsewhere but has gone a bit quiet. A lot to take in for a relative novice investor - don't worry I'm not about to go and put everything into PM miners. Just thinking what I can do in my situation as a 34 year old to best position myself for all this No property and working in mechanical engineering (although not infrastructure based, more product development), looking to move around the north east/yorkshire area if I can find the right job but getting paid a better contract rate to live in the east midlands...for now, although I don't like the place. The bulk of my earnings is going into cash as a house deposit, small amount into a Lifestrategy 100 SIPP each month (£300) and some left over to potentially to take advantage of this information here. Not wanting to make the thread about me or go and do something crazy based on forum advice - but any ideas on where to start in my situation in the light of this thread?? Thank you