UK 18:52 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Tomorrow I get back to the business at hand of bashing crooks on the AIM Casino. Today I reflect on my own pension. Do I need one? In a sense not really. But at 47 1/2 perhaps it is time to start again and so I explain what I plan to do.
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Comments
Calibrator
The markets look more than toppy to me. I’ve just got a final punt in Borders & Southern left in, could go up 3x the price or half. Will leave it in till Autumn then I’m out of the markets for good for a couple of years perhaps.
Although might have a look at some bearish funds depending on how things work out come August, so perhaps some Inverse funds or Gold if there are some funds still to play with.
I Swear
Don’t do conspiracy theories, except for this one, lol, I’m in my mid forties and have a (compulsory) defined contribution based pension scheme with my employer , both of us making contributions. Conspiracy theory being that when I retire the State will either offer me no state pension or if my private pension is below the state pension merely a top up to equal it, therefore for people like me on the average industrial wage and below a private pension is merely a get out clause for the Goverment of the day, and those with no private pension will receive the State one, am i wasting my time ?…………apologies for the repetition of key words. Living in Ireland by the way.
David Russell
Good Luck Tom, The way my pension is I will need to go to Greece in a tent because I cant afford anything else at present. Look forward to the right up on the companies you go for.:)
Tom Winnifrith
David
I have consulted with the snakes & you are always welcome to pitch your tent near the Greek Hovel at any time.
ISwear – I agree, anyone who banks on the ponzi scheme that is the State pension paying out in full is delusional it is unfunded & cannot go on like this
t
DUCK AND DIVE
Excellent! I look forward to this new series. FWIW, my idea of a pension portfolio would comprise:
40% GBS (gold bullion ETF to hedge against stock market collapses) [115.99p]
20% SAGA (ticks all the socio-economic boxes; incompetence the only risk) [187.40p]
20% BARC (High St banks will soon close all branches, saving £bns) [257.20p]
10% SNCL (poised to profit from imminent Govt ban on peat) [29p] 5% SXX (after it gets planning permission for Yorkshire potash mine) [10.00p] 5% FJET (just for fun: risky punt on young cash-rich African airline) [1.115p]
wildrides
Your all worrying for nowt ………. as with all government “ponzi” problems ………… the can just gets kicked down the road …………… for ever . Old Winnifroth needs to take some happy pills ,……..were all doomed I tell eee ……….. doomed .
As for the stock market being toppy ………. laugh ……… I nearly died . Its being fairly valued against the alternative investments in the market ie near zero interest rates . Join the Malcomites and be happy ( you can do the silly dances too if you like ). Life is just so short ….really . Why pre program your sub conscious mind to be a miserable git ? ……… be careful what you wish for when you try to predict what will happen in the future and allow your mind to give your prediction a negative outcome . Your sub conscious mind will then steer you right to that negative outcome while your asleep and through your every waking moment , guiding every decision you take to reach that negative goal . A self fulfilling prophecy generated by you . The power of the sub conscious mind is awesome to behold .