So my little one is richer than I am.
He has come into a healthy lump of money and we need to invest it in something simple, safe and some growth for him over the next 10 + years.
Any thoughts after Truss lobbed a handgrenade into the UK financial market? Much appreciated.
Low cost Index tracker funds/ etfs. One uk focused, one international excluding UK focused. In a childrenās ISA ?
Collapse in prices now may offer good returns in the future.
Thatās what i plan doing for mineā¦
That, added to Putinās deathwish, Iād probably say cocaine & hookers 
In all seriousness, with the markets as they are, if you donāt feel confident enough/know enough about trading and investments, I would suggest looking at a managed investment account from someone like Hargreaves & Lansdown or one of the main banks.
If you have a small amount of confience/knowledge, as @redfanman suggests start with some Index Tracker funds, and build your knowledge so that you can slowly start to pick your own investments
Check out https://www.vanguardinvestor.co.uk/
They have a range of options and typically good returns
In the UK i think you can do cheaper than Vanguard.
Iām happy to pick my own (i largely follow a value/ dividend growth strategy). For me iāll go the index route for my wife and daughter though to keep it as simple as possible for them.
Totally true. For me it was an opportunity to help define what the next phase of our industry is. Everyone knows what it needs to look like, but it is such a disruption that none of the big players are really doing anything about it. I mean fuck, this country started digitizing health records in the 90s and we still havent fully embraced the practice. Thatās the sort of inertia weāre facingā¦until someone fully solves the problem of how to navigate in this new era everyone will just it lip service, but the second someone solves it all the big players will flip their practices overnight.
So for me, the shares are a nice bonus to the retirement planning, but the bigger motivation was the prospect of what it would do for the last 15-20 years of my career as a guy who had been instrumental in solving problems the entire industry was now looking to solve for themselves.
Whatever you decide to do with the money, I would suggest scaling it in over some period of time. Markets are quite volatile now, so just chunking it in something might be risky. If you decide to buy real estate, that might not work, so I think patience here with interest rates rising. Good fortune!
Itās a bit scary really. From cut taxes and increase spending to increase taxes and cut spending. UK Exchequer thoughts, I mean. Clearly worried about the gilt, eh?
Also, it would probably tank
Iām not sure what scares them the most - The Tories now poll around 19% and Truss 9% so the party is facing wipeout in much of the country.
A lot of money is going to be made in metals stocks and some oil & gas stocks. Metals because weāre going to a gazillion pounds to meet our renewables targets, and oil & gas because we arenāt going to meet our renewables targets.
Iāve seen a few tweets recently indicate falling natural gas prices, is this likely to be sustainable or is it just illusionary because of some coincidental short term factor?
If it is sustainable, then Rishi may be very lucky!
Sustainable in one dimension. Henry Hub has spent more than a decade sub-$5, with thousands of fracking projects sitting on the shelf. Not sure what that graph is, but cut in half overstates the decline. Spot was $6.16 Friday, which is down from nearly $9 earlier this year, but in the broad sweep $6 is a better price for projects to realize than we have seen in a long time. Lots of projects starting to come on to the market.
That said, it is October, and for much of North America a remarkably warm one. Storage capacity is very limited, so there is downward pressure on the price of gas in NA. But the ability to get that gas to Europe is starkly limited.
Probably matters more what the country printing the worldās reserve currency does. Regrettably, the U.S. screwed everyoneās pooch. $7T in excess spending. It is an interesting question, though. Would it have made much difference had the Fed started earlier and hiked more gradually?
What a wacky chart! The New York price is also dipping, as @Arminius mentions above. I found this blurb. Weirdly, it says Europe is in good shape for the winter. How can this be?
Gas trading talkā¦good shape for the winter in the sense of having filled storage well in advance of projected or targets, so Europe isnāt buying forward right now. Not necessarily in good shape in the sense of having enough natural gas on hand in January, but in market terms, that isnāt directly relevant right now. Storage facilities on both sides of the Atlantic are fairly full.
WoW! Only just saw that Meta is now under $100, having been $350 a year ago, it was still around $330 at the start of February.
Was it Peter Lynch who said you should never trust a company that changes its name?