Sadly Kiwi boat just looks too fast. IB won the start today but couldn’t keep a lead. Zero mistakes from the kiwis.

sadly a competition where the holder gets to set the racing rules and technological class rules for the boat to their advantage just seems a bit pointless. Roll on sail GP.

Surely if the company is still trading it must keep records to back them?

Hmm – just googled and it says 6 years. I’m afraid you might have to suck it up if you have no proof.

I thought that wasn’t allowed (racing outside of competition)?

The competition has been fantastic so far – the inaugural women’s AC starts tomorrow with Hannah Mills skippering for GB.

Re currency fees , all platforms do generally, and actually T212 has some of the lowest currency charges out there..

That said, I still try and avoid any fees I can, so tend to only buy £ funds

That doesn’t make T212 different do any other trading platform though.

The rumour that T212 makes money with a wider bid/offer spread just isn’t true, as that isn’t allowed in ISA’s in the uk. They make their money from their CFD arm, which really is gambling. They do also seem to take a day or 2 transferring money, so no doubt make a bit of interest whilst that happens.

Considering it has nil platform fees I’m quite happy with that.

I have an account with a separate pie for my son, so I can keep his money  separate.

No doubt it’s all about your local delivery driver. We had an amazing DPD one a few years back, now we have an old lady for Evri who goes well above and beyond.

Well done INEOS! Sf2 is looking tense, especially after the traveller broke today on LRPP

My plan is to have 70% in low cost global tracked funds, 20% in government bonds and 10% in money market funds.

Im 50, and planning to retire at 60.  Whilst the funds are growing, I will sell them down to pay myself an income supplementing my RAF pension from 60, plus state pension from 67. In a market downturn, I will draw on the money market funds and maturing bonds, rather than reinvesting them.

The old fashioned method, before the new pension freedoms, was based on buying an annuity on the day you retired. Because this was a fixed date, you couldn’t risk a crash just before you retired, so you were gradually moved into bonds and cash in the 10 years prior.

Now, if you plan to use drawdown, you need to build 3 years supply of fixed income/cash, which will allow you to ride out the maximum expected length of stock market crashes without having to sell equities/funds whilst they are down.

The potential growth of an equity portfolio whilst retired is massive compared to bonds. So even low risk investments are a risk in themselves…..

Look back to Covid – stocks plummeted 30% in weeks. By 2021 they were flying again.

Be wary of bond funds though, as opposed to holding actual bonds. They are far more volatile than just holding actual bonds to maturity, although that is far harder in the uk than the us, for some reason.

Or floating  in a big salty lake…….??

Well,well, Ineos coming good at a crucial time…..

Kryton – my only issue with Vanguard is that you can only choose their funds – although they do have a massive choice.

HL are VERY expensive compared to either them or other platforms. A bit “reassuringly expensive….

I use T212 for my isa (no charges) and moved my wife’s pension to ii, flat fee which is very cheap for a large pot.

Over a 20-year period, 95% of large-cap actively managed funds have underperformed their benchmark.

https://advisor.visualcapitalist.com/success-rate-of-actively-managed-funds/

All funds have been rubbish for the last few years , until about last September, when all mine grew 15-20% in the last year, so comparing previous years growth to the last is rather pointless.

FWIW, my workplace pension provider charges platform fees of 0.09%, with total charges last year of 0.23% for my portfolio. My ISA charges zero platform fees. (T212)

I love sail GP and was looking forward to AC37, but find it a bit meh with just 2 boats racing.

AC would be far better with a big fleet competition then 2x4boat semis leading to a 4 boat race-off series!!

My 2p worth….

sell the BMW and pocket the cash – likely 2 years free motoring right there.

SS is a no up front cost scheme, with all inclusive servicing, tyres plus insurance….. Plus it will include a home charger – get it free now whilst you can.

plus with Octopus electricity your motoring fuel costs will plummet.

Check your fees too. Some providers charge to sell and buy funds, but not for regular payments in. I often rebalance by changing where my regular payments go rather than buying and selling, to avoid these fees.

Single malt is just a marketing thing. Many expensive whisky’s are blended to a required taste from a mix of good single malts. Japanese whisky worth thousands is always a blend.

The world felt a better place when he was at the crease. RIP.

That was a class win too.

Both possibly. It’s going to be 36 in Paris today, then a big Thunderstorm warning from 5PM. I’m due to fly into CDG this afternoon and the wind is Variable 20kts, gusting 50kts!! That’s the sort of wind forecast you usually see in USA with supercells, so going to be a fun evening ??

That footage ^^^^ shows how the French rider was right on the edge. I think he knows that’s where he lost the race rather than Toms late move.

What a move!!!!!

not sure on the rules, but Tom overtook on the dual route and had his wheel in front by the time they rejoined and came together.

Classy booing by the French fans – NOT!!!!

You don’t need to renegotiate the whole agreement in order to have a different implementation.

Attempted shot with a sniper rifle apparently…….

My Daughters mate is at VM and is loving it btw.

Durham college system different to oxbridge, in that you apply to the uni, then are allocated a college. Lectures are all central, but with a college tutor. Social and societies very college based.

i think in many ways you see more private kids in Durham than reality, because the Bailey Colleges with shared rooms (old town, central) attract that type, whereas the State kids prefer the single en-suite  rooms & facilities of the new colleges.

Cletus – she chose St Mary’s . Closest of the Hill colleges and lovely grounds . Also right next to the Bill Bryson Library and science site. Yes, price was for private houses in Y2/3 . Cheapest was about £180pppw.

Shes a grammar school girl, and was worried about the posh private reputation at Durham. Reality is there are all types there. Her friendship group cover all sorts including 1 lad (much to her surprise when she found out!) from Eton. Very much not the Boris type though.

Just picked up my eldest daughter from end of 1st year in Durham. She is absolutely loving it. The college system works really well there. She’s determined to still get a first but still socialises loads too. She’s just received the 1st yr Philosophy prize for highest marks, which she’s really chuffed by, and hoping to get onto the university challenge team next year.

We visited with her, but left her on her own for the whole day to wander the departments and colleges she was interested in. The biggest negative about Durham is Y2/3 private accommodation prices. Next year is £220pppw and that is on the cheaper end!!

I doubt 5% of the population could tell you what actual party manifesto commitments are. People vote on feel and emotion. If we had a bit of positivity from the media we would all feel a bit happier in The world.

If the Sun are running Pro Starmer headlines, even just lighthearted ones, that is quite significant.

Theotherjonv – yes compelled to, but it’s already been used as an attack line both by the press and Sunak.

Starmer isn’t in a fair fight, so is understandably very wary of giving the attack dogs any meat.

I’m firmly middle class now, though bought up in a council house. My wife is from a lower middle class East London Conservative family, we are both centre left voters who will vote labour, with a green tilt to our politics. Both kids are firmly on the left of politics, with my daughter highly into trans rights and very pro Palestine. She is still voting labour though as there isn’t the perfect one issue major party.

Once again the toxicity of the Corbyn years leaves Starmer hamstrung over the Israel/hamas war. The stench of antisemitism under Corbyn needed strong action, but left Starmer in a position where he was unable to criticise Israel, with the RW press just waiting to bring up his record as a defence lawyer in defending terror suspects and Corbyns Hamas links.

He was in opposition with no power to do anything, yet the blame gets laid at his door.

There are only 2 outcomes. Tory or non-Tory. Due to the ridiculous castigation/destruction of the LD post coalition, it’s Labour or bust.

The biggest enemy of the left is the left itself.

https://www.theguardian.com/politics/article/2024/jun/12/rishi-sunaks-closest-aide-placed-bet-on-election-date-days-before-announcement

We stayed in Marazion in August about 7 years ago. Had a lovely time.