The Reluctant Investor
@thereluctantinv.bsky.social
Retired in 2020 living off #ISAs and #SIPP #pension. Reluctant investor who's picked up more about investing than he ever wanted to. I'm not Warren Buffet so please DYOR
#DGI9 : "No-one better than us at creative NAV accounting"
#HGEN: "Hold my 🍺"
Finally exited another alt poster child - I've seen this play before. More reputational damage to a tarnished sector. Maybe Saba will be the catalyst for something more than a few discount closings
#HGEN: "Hold my 🍺"
Finally exited another alt poster child - I've seen this play before. More reputational damage to a tarnished sector. Maybe Saba will be the catalyst for something more than a few discount closings
November 27, 2025 at 10:55 AM
De-risked some risky 50k of debt in #TFIF and dumped 100k into perennial fave Royal London Extra Yield Bond fund. All in our SIPPs. Enjoy your weekend 🍻
November 21, 2025 at 4:29 PM
De-risked some risky 50k of debt in #TFIF and dumped 100k into perennial fave Royal London Extra Yield Bond fund. All in our SIPPs. Enjoy your weekend 🍻
Only got a small holding (-52%) in still-suspended #HGEN who seem to have taken inspo from another "niche" diversifier (#DGI9) and mis-valued NAV. Weird how it's never under-valued 🤔
Averaged down £1400 in #HGEN today. Not advice, DYOR etc... but been some momentum of late
October 29, 2025 at 11:21 AM
Only got a small holding (-52%) in still-suspended #HGEN who seem to have taken inspo from another "niche" diversifier (#DGI9) and mis-valued NAV. Weird how it's never under-valued 🤔
Trimmed this chunk of #BRWM back to 16k today to bank 5k. That's more than replaced the 4k tax we paid taking it out of the SIPP to gift into son's ISA 😁
Added 16k of #BRWM to bring commodities exposure up to 5%. Hoping it fares better than previous inflation-linked decisions.
October 10, 2025 at 7:42 PM
Trimmed this chunk of #BRWM back to 16k today to bank 5k. That's more than replaced the 4k tax we paid taking it out of the SIPP to gift into son's ISA 😁
Sold 11k of my 21k of #IBT in my SIPP. Not sure I have the patience to wait another 4.5 years for it to reach this level again for a relatively low yield. Underweight specific pharma and not really sure how useful a 5% weighting is in the grand scheme of things.
October 2, 2025 at 3:37 PM
Sold 11k of my 21k of #IBT in my SIPP. Not sure I have the patience to wait another 4.5 years for it to reach this level again for a relatively low yield. Underweight specific pharma and not really sure how useful a 5% weighting is in the grand scheme of things.
Sold ~half of remaining #GSK - it's in the income ISA and isn't a particularly high yield so will try to take profits within the 12-18 range. Which will probably fail so end up purchasing less volatile 8% debt income in the end 😉
October 2, 2025 at 8:17 AM
Sold ~half of remaining #GSK - it's in the income ISA and isn't a particularly high yield so will try to take profits within the 12-18 range. Which will probably fail so end up purchasing less volatile 8% debt income in the end 😉
1/3 I have to put you thru the quarterly rigmarole as it forces me to evaluate what I'm doing on a regular basis. Had a big chunk (230k) in cash/MM during Peru trip and not in a hurry to interrupt the progress YTD as 2025.Q3 is up 3.3% for total YTD (inc divis) of 🥁🥁 12.8%
October 1, 2025 at 2:34 PM
1/3 I have to put you thru the quarterly rigmarole as it forces me to evaluate what I'm doing on a regular basis. Had a big chunk (230k) in cash/MM during Peru trip and not in a hurry to interrupt the progress YTD as 2025.Q3 is up 3.3% for total YTD (inc divis) of 🥁🥁 12.8%
Ended up with 17% in just under a year disposing of this today for total return of £5847 as a #GSK top-slice. Not even had time to post the Q3 numbers yet...
Re-bought 5k of #GSK that I sold in January in our income ISA for 130p less in the "trading" ISA, hoping for a 10%+ gain sometime in next 12 months. So leaving core 15k holding in income ISA and trying to "trade" around the peaks and troughs. An experimental approach and WIP!
October 1, 2025 at 2:21 PM
Ended up with 17% in just under a year disposing of this today for total return of £5847 as a #GSK top-slice. Not even had time to post the Q3 numbers yet...
Just back from month away and pleased to see #BRWM allocation going ok so far whilst we've been YOLOing. Few PE holdings like #OCI, #IPO, #ICGT done well too. I'm liking the much more boring look to our PFs
Added 16k of #BRWM to bring commodities exposure up to 5%. Hoping it fares better than previous inflation-linked decisions.
July 22, 2025 at 12:45 PM
2025.Q2 numbers are as in as working on Slovenian campsite WiFi will allow and I'm more than pleased with over 9% YTD with Q2 putting in a respectable 7%. Holding on to renewables, REITs and boring debt and insurance income finally coming good.
June 30, 2025 at 8:12 PM
2025.Q2 numbers are as in as working on Slovenian campsite WiFi will allow and I'm more than pleased with over 9% YTD with Q2 putting in a respectable 7%. Holding on to renewables, REITs and boring debt and insurance income finally coming good.
For reasons outside our control we are on a month-long van trip round bits of Europe, currently roasting in Bled. There are lots of pics I could post to represent the holiday so far but this one from Kitzbuhel seems to neatly cover everything
June 30, 2025 at 5:30 AM
For reasons outside our control we are on a month-long van trip round bits of Europe, currently roasting in Bled. There are lots of pics I could post to represent the holiday so far but this one from Kitzbuhel seems to neatly cover everything
The last time we had this much cash was just before taking our lump sums in Jan 2020 and I started dripping money back into markets just before Covid! As we've 2x 5 week trips this year, have lumped 100k into #CSH2 money market ETF for now. Happy to keep our 8% YTD tbh.
June 13, 2025 at 10:58 AM
The last time we had this much cash was just before taking our lump sums in Jan 2020 and I started dripping money back into markets just before Covid! As we've 2x 5 week trips this year, have lumped 100k into #CSH2 money market ETF for now. Happy to keep our 8% YTD tbh.
Been an absolute belter couple of months for the main income ISA. Plus £135 from #CREI over @ajbell.bsky.social
Still to work out how to obtain monthly income like HL present.
Still to work out how to obtain monthly income like HL present.
June 5, 2025 at 10:16 AM
Been an absolute belter couple of months for the main income ISA. Plus £135 from #CREI over @ajbell.bsky.social
Still to work out how to obtain monthly income like HL present.
Still to work out how to obtain monthly income like HL present.
Actually 2 days ago - I'm getting too good at sitting on 👐 in 2025, partly due to being distracted and partly because already on track for 2nd best YTD since my records began 5 years ago and don't want to jinx things with bad choices so cash pile optionality is fine for now.
June 5, 2025 at 9:44 AM
Actually 2 days ago - I'm getting too good at sitting on 👐 in 2025, partly due to being distracted and partly because already on track for 2nd best YTD since my records began 5 years ago and don't want to jinx things with bad choices so cash pile optionality is fine for now.
Great interview with Sam and discussion on commodities. Extra bonus as no squirrels were harmed in the making of this pod 👍👏
#TWINPETESINVESTING #Podcast 153: With special guest, serial #entrepreneur, #trader, #investor & co-Founder of The #InvestorSummit Sam Bell: We discuss #Google #Microsoft #BARC #MKS #GGP #Gold #NCC #WIX #CWK #YCA #WSBN #AWE #Tech #AI
www.youtube.com/watch?v=fZzb...
open.spotify.com/episode/1kMN...
www.youtube.com/watch?v=fZzb...
open.spotify.com/episode/1kMN...
May 21, 2025 at 7:35 AM
Great interview with Sam and discussion on commodities. Extra bonus as no squirrels were harmed in the making of this pod 👍👏
Out of curiosity I thought I'd ask Gemini what it thought of the #BBGI situation and was pleasantly surprised. I must devote more time this winter to exploring how best to prompt and sanity-check the output...
May 19, 2025 at 10:35 AM
Out of curiosity I thought I'd ask Gemini what it thought of the #BBGI situation and was pleasantly surprised. I must devote more time this winter to exploring how best to prompt and sanity-check the output...
Really feel for #AGFX holders. I fell for some of the pump a while back but didn't like the vibe and decided to exit after a year and luckily actually made a profit, something I don't usually achieve on AIM. The recent new skin in the game showed how it's only 1 measure to consider.
April 25, 2025 at 9:01 AM
Really feel for #AGFX holders. I fell for some of the pump a while back but didn't like the vibe and decided to exit after a year and luckily actually made a profit, something I don't usually achieve on AIM. The recent new skin in the game showed how it's only 1 measure to consider.