Well if you had not ruined it by wearing them out you could have been cashing in by now......https://www.outside.co.uk/climbing-gear/climbing-footwear/rock-climbing-shoes/five-ten-anasazi-lace-v2-white-climbing-shoe.htmlThis will only make sense if the link is not updated soon!
Prior to a sharp bounce this week, the picture was even worse. And people really hate seeing their bonds go down. Much more so than stocks.Understandable. For years no long-term investor has bought bonds expecting much in the way of a return (even though that’s actually what they got, at least until recently).Rather, bonds were for buoyancy in the bad times. Yet now they’ve been taking on water – just when we’d want them to float.Unfortunately this was pretty inevitable.Global yields hit multi-century lows after the financial crisis. Sooner or later they were likely to rise.The snag was everyone who ever said ‘sooner’ was wrong – up until the past six months. Now we have to pay the piper.Worse, the same issues roiling the bond market are also what’s pulling at least some of the strings of the stock market. Hence shares and bonds falling together.The good news is lower bond prices mean higher yields, and hence higher future returns.That’s little comfort if you already own a bunch down big. But the declines are starting to make government bonds half-attractive again, and reinvesting your bond income will help eventually.All presuming, of course, that central banks get inflation back under control.
Fultonius, if that's really the correct return then you might do better putting into a zero risk Chase instant access account and getting 1.5% per annum, interest paid monthly. That's where my spare cash currently resides.
I found out about this account via Money Saving Expert and its great; I'm a mug for not having my savings in there for years
Pete’s thread about investing is focussed on high growth companies which can do spectacularly well or the opposite. My investing focuses more on companies where the upside is less exciting but seems to limit the downside typically from tangible assets held by the company.
Are you just randomly labelling peak prices of VLE and LDG as when they represented value?