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L.P.
Posted: 17 October 2024 07:05:54(UTC)
#1378

Joined: 14/07/2023(UTC)
Posts: 669

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More time being wasted trying to explain something to people that even a casual observer of events could easily grasp.

I think that the forum in general is becoming a waste of ones time.
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3 users thanked L.P. for this post.
Mr GL on 17/10/2024(UTC), Big boy on 17/10/2024(UTC), Guest on 17/10/2024(UTC)
Henry Smith
Posted: 17 October 2024 08:04:06(UTC)
#1379

Joined: 16/06/2024(UTC)
Posts: 11
L.P.;322482 wrote:
More time being wasted trying to explain something to people that even a casual observer of events could easily grasp.

I think that the forum in general is becoming a waste of ones time.


Diddums.
More like a waste of one's money.
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Henry Smith
Posted: 17 October 2024 08:12:31(UTC)
#1382

Joined: 16/06/2024(UTC)
Posts: 11
If you really want the illusion of wealth preservation in your portfolio Troy Trojan X Acc or Lifestrategy 60 Acc would seem to be the simple and obvious choices.
Simple and obvious choices seem to be overlooked on this board.
Instead we are treated to the petulant sulks of people who think they know better, as illustrated above.
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1 user thanked Henry Smith for this post.
Harry Trout on 17/10/2024(UTC)
Phil 2
Posted: 17 October 2024 08:22:10(UTC)
#1380

Joined: 20/07/2018(UTC)
Posts: 2,107

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Was thanked: 4742 time(s) in 1534 post(s)
L.P.;322482 wrote:
More time being wasted trying to explain something to people that even a casual observer of events could easily grasp.

I think that the forum in general is becoming a waste of ones time.


I “think” that my grasp of events exceeds your grasp of the valid point I was (re-)making. I wasn’t trying to get poor MrGL to re-explain it all again, I do get it. Of course it’s over-discounted … partly because supply of their shares exceeds demand, because their holdings are scaring off some of their target market without attracting others. Hope that’s ok with you 😤
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3 users thanked Phil 2 for this post.
Harry Trout on 17/10/2024(UTC), Mr GL on 17/10/2024(UTC), Sheerman on 17/10/2024(UTC)
Big boy
Posted: 17 October 2024 08:30:34(UTC)
#1383

Joined: 20/01/2015(UTC)
Posts: 6,673

Thanks: 5660 times
Was thanked: 11110 time(s) in 4250 post(s)
Henry Smith;322494 wrote:
If you really want the illusion of wealth preservation in your portfolio Troy Trojan X Acc or Lifestrategy 60 Acc would seem to be the simple and obvious choices.
Simple and obvious choices seem to be overlooked on this board.
Instead we are treated to the petulant sulks of people who think they know better, as illustrated above.



How do you know these Funds are better than the ones above and below them in the relevant list...

Most competent Analysts struggle to make those decisions but clearly you have the ability..

It might sound horrid but I am just pointing out facts. We should all stick to facts rather than forecasting what will be the best buy if we hold it long term...clearly the later is speculating or even gambling as none of us can tell the future....
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2 users thanked Big boy for this post.
Rocca Billy on 17/10/2024(UTC), Guest on 17/10/2024(UTC)
Big boy
Posted: 17 October 2024 08:37:43(UTC)
#1386

Joined: 20/01/2015(UTC)
Posts: 6,673

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Was thanked: 11110 time(s) in 4250 post(s)

Just gone overweight RCP as now on above average discount and clearly relatively undervalued.

Also we could be seeing the momentum of net selling fading and hopefully net buying will return with a little help from DCM. Plus maybe a few " past performers" will join the party as the SP starts outperforming the NAV..
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4 users thanked Big boy for this post.
Taltunes on 17/10/2024(UTC), Rocca Billy on 17/10/2024(UTC), Mr GL on 17/10/2024(UTC), Guest on 17/10/2024(UTC)
Mr GL
Posted: 17 October 2024 09:03:57(UTC)
#1381

Joined: 18/10/2020(UTC)
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Phil 2;322495 wrote:
L.P.;322482 wrote:
More time being wasted trying to explain something to people that even a casual observer of events could easily grasp.

I think that the forum in general is becoming a waste of ones time.


I “think” that my grasp of events exceeds your grasp of the valid point I was (re-)making. I wasn’t trying to get poor MrGL to re-explain it all again, I do get it. Of course it’s over-discounted … partly because supply of their shares exceeds demand, because their holdings are scaring off some of their target market without attracting others. Hope that’s ok with you 😤


yup - I understood what you meant - and I also agree with LP too...

and just to reassure you - re 'poor' MrGL

across my various accounts I own quite a lot of RCP and am down 3.5 - 6% from cost (and some of these I will have owned at least through the latest dividend).... I have added a lot at these much lower levels... looking back through this and the transactions thread you will see I tend to add a lot when the discount blows out and reduce as this recovers too far / too fast etc
-6%
-3.58
-3.59
-4.46
-3.59
-3.61
-5.47
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3 users thanked Mr GL for this post.
Big boy on 17/10/2024(UTC), Phil 2 on 17/10/2024(UTC), Mr Bean on 17/10/2024(UTC)
SF100
Posted: 17 October 2024 09:05:23(UTC)
#1384

Joined: 08/02/2020(UTC)
Posts: 2,250

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Henry Smith;322494 wrote:
If you really want the illusion of wealth preservation in your portfolio Troy Trojan X Acc or Lifestrategy 60 Acc would seem to be the simple and obvious choices.
Simple and obvious choices seem to be overlooked on this board.
Instead we are treated to the petulant sulks of people who think they know better, as illustrated above.


Did you play in goal for Hearts in the 80's?
No, Peter Bear has never played for Hearts.
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2 users thanked SF100 for this post.
L.P. on 17/10/2024(UTC), Jay P on 19/11/2024(UTC)
L.P.
Posted: 17 October 2024 13:54:19(UTC)
#1385

Joined: 14/07/2023(UTC)
Posts: 669

Thanks: 1670 times
Was thanked: 2045 time(s) in 540 post(s)
Henry Smith;322494 wrote:
If you really want the illusion of wealth preservation in your portfolio Troy Trojan X Acc or Lifestrategy 60 Acc would seem to be the simple and obvious choices.
Simple and obvious choices seem to be overlooked on this board.
Instead we are treated to the petulant sulks of people who think they know better, as illustrated above.


There have been plenty of regular discussions on these boards regarding the funds that you mentioned and Lifestrategy 60 is by far my largest holding.
Maybe you could add some value to the forum and elaborate?

Question… what is/was your previous pseudonym as this is your third post under ‘Henry Smith’ and your first one was having a go at CGT and now it’s RCP? There is a theme here already so welcome back.
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8 users thanked L.P. for this post.
Mr GL on 17/10/2024(UTC), Guest on 17/10/2024(UTC), Big boy on 17/10/2024(UTC), Guest on 17/10/2024(UTC), Mr Bean on 17/10/2024(UTC), SF100 on 18/10/2024(UTC), Rocca Billy on 18/10/2024(UTC), Jay P on 19/11/2024(UTC)
Mr GL
Posted: 17 October 2024 15:28:24(UTC)
#1387

Joined: 18/10/2020(UTC)
Posts: 5,124

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Was thanked: 17950 time(s) in 4233 post(s)
https://citywire.com/inv...osts-disappear/a2452308


Fidelity reinstates RIT Capital as disclosure reform sees 3.8% annual ‘costs’ disappear
Fidelity Investments removes Rothschild-backed multi-asset fund from its blacklist in response to improved cost disclosure and portfolio transparency.

In line with the AIC’s new approach, RIT’s document explains that the company’s operating expenses last year led to an ongoing charges figure (OCF) of 0.77% of net assets. It says that, ‘for the avoidance of doubt, the OCF is not an additional cost paid by shareholders to the company.’

RIT will hope the improved disclosures will help the shares start to recover from their slump from a £27.50 peak at the end of 2021. The wide share price discount has persisted despite the board repurchasing over 7% of RIT’s shares since January last year, one of the biggest share buybacks the sector has seen.

This is also despite an improvement in performance with net asset value rising 8.8% in the first nine months of the year. Over one year to 30 September, the portfolio gained 10.4%, in line with RIT’s historic average since launch in 1988, although its shares fell 2.8%.
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7 users thanked Mr GL for this post.
ravedeath on 17/10/2024(UTC), Big boy on 17/10/2024(UTC), Guest on 17/10/2024(UTC), L.P. on 17/10/2024(UTC), Phil 2 on 17/10/2024(UTC), SF100 on 18/10/2024(UTC), Rocca Billy on 18/10/2024(UTC)
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