Trading the stockmarket (NO Referrals)

Caporegime
Joined
22 Nov 2005
Posts
45,280
did every stock in the world follow the exact same pattern again? #rigged

they should have 2 stock markets one for the institutions and separate one for retail investors :p
 
Last edited:
Soldato
Joined
20 Dec 2004
Posts
15,845
did every stock in the world follow the exact same pattern again? #rigged

they should have 2 stock markets one for the institutions and separate one for retail investors :p
All stocks are operating in the same context and react to the same external events. I don't know why you continue to be confused by this.
 
Soldato
Joined
3 Dec 2002
Posts
4,002
Location
Groovin' @ the disco
I wanted to quit whilst ahead with my GE shares bought through the company. Turns out I misunderstood how things worked when we were sold by GE to the current company that owns us. My shares came out of the SIP scheme (tax free to sell) and went into a vested account (subject to capital gains). I only found this out post April 5th so missed out on last years £6k capital gains limit which would have almost been enough to cover my gains. Epic fail. I could only sell up £6500 of my stock which saw me hit £2900 cap gains. I'm now left with 42 or so GE Aviation share in that account. Just have to hope they hold their price for when I can sell next year now. I'm a bit annoyed with myself over this one.

SIPs are great as long as the company does ok or better. Not sure what yours is like.. but with mine being pre-tax it’s a 40% saving and we get double share bonus after 3 years. So the company shares have got to really tank before I lose out. It’s just a way of golden handcuffing staff.
 
Associate
Joined
28 May 2004
Posts
2,317
Location
Southampton
Indeed SIPs are great alas I didn't realise once GE sold my company our shares were transferred and couldn't benefit from being sold tax free any more. Most annoying!

I bought £5500 worth between 2019 / 2020 and when I sold what I could recently the pot was at £12700. I'd have been able to pretty much sell up had I sold prior to April 5th, DOH!

Sadly my current company does not offer any SIP / share scheme.
 
Soldato
Joined
3 Dec 2002
Posts
4,002
Location
Groovin' @ the disco
Indeed SIPs are great alas I didn't realise once GE sold my company our shares were transferred and couldn't benefit from being sold tax free any more. Most annoying!

I bought £5500 worth between 2019 / 2020 and when I sold what I could recently the pot was at £12700. I'd have been able to pretty much sell up had I sold prior to April 5th, DOH!

Sadly my current company does not offer any SIP / share scheme.
You have to hold them for 5 years for them to be income and NI tax free and if they stay in a plan, they are capital gains tax free.

We are allowed buy up to £1800 of shares per year, but I only buy £600 as the company will share match the first £600 of the year. I just pay £50 per month.. and 6 years later sell them as a lump along with my SAYE share plan. Transfer the cash to my personal investment account and buy shares in a tracker/ETF.
 
Associate
Joined
28 May 2004
Posts
2,317
Location
Southampton
You have to hold them for 5 years for them to be income and NI tax free and if they stay in a plan, they are capital gains tax free.

We are allowed buy up to £1800 of shares per year, but I only buy £600 as the company will share match the first £600 of the year. I just pay £50 per month.. and 6 years later sell them as a lump along with my SAYE share plan. Transfer the cash to my personal investment account and buy shares in a tracker/ETF.
That was the same as my scheme. I just didn't realise when GE sold us the shares came out of SIP and into a vested account which is subject to capital gains. That'll teach me for not reading properly / self teaching.

I plan on doing the same. I have said on here before I have a lot of eggs in the GE basket so I am selling up to put into a Vanguard tracker/ETF, more than likely VWRP.
 
Caporegime
Joined
22 Nov 2005
Posts
45,280
All stocks are operating in the same context and react to the same external events. I don't know why you continue to be confused by this.
all traded by algorithms as well.

It's like the institutions are the dealers in a casino.

If they want to buy something they try to crush it first with fud and shorting stocks.
you think there's no manipulation and corruption involved? its just the will of the market?

Retail traders should own a different type of share institutions are forbidden from interfering with.

they also have loads of stock brokers selling them retail trade info in real time.

then you get people like that guy from IB on TV telling the news they had to freeze tickers or we would have gone bankrupt ...

how did he ever get away wtih that one?

people stick to trackers because they can't be manipulated by institutional pumps and dumps so easily.


No inside trading in the US senate as well no doubt, it couldn't possibly happen
 
Last edited:
Soldato
Joined
25 Nov 2007
Posts
5,581
Location
London
all traded by algorithms as well.

It's like the institutions are the dealers in a casino.

If they want to buy something they try to crush it first with fud and shorting stocks.
you think there's no manipulation and corruption involved? its just the will of the market?

Retail traders should own a different type of share institutions are forbidden from interfering with.

they also have loads of stock brokers selling them retail trade info in real time.

then you get people like that guy from IB on TV telling the news they had to freeze tickers or we would have gone bankrupt ...

how did he ever get away wtih that one?

people stick to trackers because they can't be manipulated by institutional pumps and dumps so easily.


No inside trading in the US senate as well no doubt, it couldn't possibly happen

This is why if you are someone who is trading short term you will get ****** because you are competing against people with insider information, insane algo's and people who can manipulate the market.

But if you are a long term investor you bypass all of it, unless you pretend to be a long term investor and spook like those horses when something happens.
 
Caporegime
Joined
22 Nov 2005
Posts
45,280
But if you are a long term investor you bypass all of it, unless you pretend to be a long term investor and spook like those horses when something happens.
True I guess.


Intel released earnings and the stocks down about 10%
Earnings Flash (INTC) INTEL CORPORATION Posts Q1 EPS $0.18, vs. Street Est of $0.14
Earnings Flash (INTC) INTEL CORPORATION Reports Q1 Revenue $12.72B, vs. Street Est of $12.78B

Projected outlook for q2 down 0.5-0.13b compared to analyst estimates.


Might grab if it drops to around 25$, its currently 32 so might get close after market close tomorrow
 
Last edited:
Associate
Joined
31 Dec 2023
Posts
36
Location
Kent
Another company Darktrace, British cyber security company, using subsets of A.l
to build cyber security products has been brought by US private equity.

We have a government that's destroying everything.

I sometimes think do we have MPs under Russian or Chinese control.
 
Last edited:
Back
Top Bottom