Trading the stockmarket (NO Referrals)

I had no idea what that all was about. I saw usd and I went with that. My only thought was that it would be a convenience thing.

It's my first experience with this kind of thing and I didn't know that Barclays would charge me such fees.

Regarding the stamp duty reserve tax, I just checked with my girlfriend's (who is also homeless like me) account and she has a correct GBP account and still has to pay 1% tax when buying UK shares.

Edit: Also where I say I earned ~$330 in regular investments, it's actually $352
 
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Yeah, the market seems to have responded well too.

I'm trying to be cautious, i've mentioned before that i've been focusing on ETF's to be a little more balanced and to avoid charges. Also takes the luck/skill out of timing the buy in point. However as my portfolio has grown i'm looking more at individual shares and because i have quite a few firms on my horizon it's tricky to know which ones i should go for over others!
 
Marvt74 said:
Yeah, the market seems to have responded well too.

I'm trying to be cautious, i've mentioned before that i've been focusing on ETF's to be a little more balanced and to avoid charges. Also takes the luck/skill out of timing the buy in point. However as my portfolio has grown i'm looking more at individual shares and because i have quite a few firms on my horizon it's tricky to know which ones i should go for over others!
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It is very hard, BOO made me a huge amount of money and then I lost over 2/3 of those gains, I am now clawing back those original gains now. Have a plan and stick to it and with some shares patience pays massively.

My main list is BTC, BOO, AML, CRSR, MARA, NEX, NIO, AMD, HEAR and I tend to just stick to them, over the past months from going in and out of them I've learnt a lot and can now time entry and sell much easier and if it all goes a bit downhill to just wait it out and its working well now. NIO did great, I sold early but still doubled, it went much higher but it has also fell back down, CRSR, MARA, BOO and BTC are my current favourites. I like the USA shares most as in the evening when I am relaxed I can check them and research them. The UK shares I don't get time to watch them, I check them typically around 9am and then again at 4pm and just hold or add/sell.

A lot of the US/Chinese IPO's are worth a gamble too, just only put in what you can lose, some rocket, some stay flat or even drop.
 
Suppose how it went depends on experience, my other half was shouting at the screen, but then she's got a different relationship with these things as have I lol
 
ETSY is looking like one of my better buys recently. Imo the consumer appetite for buying from individuals over corporations is going to see them continue to do well, although to be honest the performance of these US tech stocks has little to do with fundamentals any more! Up 50% on the month.
 
Gibbo said:
My main list is BTC, BOO, AML, CRSR, MARA, NEX, NIO, AMD, HEAR
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every time I look at AMD they seem overvalued by like 20% maybe more.
maybe you have more insider knowledge and probably bought your shares ages ago. (product buyer for OCUK right?)

but to me it seems

AMD revenue is a tiny fraction of intels.
NVIDIA dominates AI now and they had chips purposely for AI architecture way before AMD even thought about it. (nvidia even calls them self an AI company now right?)
I wonder if people look at nvidia who makes GPU, then looks at AMD sees they make GPU.
thinks nvidia is so highly valued cos they make and sell GPUs


amd went bankrupt almost twice in 20 years right? 2015, and somewhere around 2003?
only ever were the outright fastest in the last 20 years maybe 2-4 times? and that could have been timed to be between Intel generations to steal the crown temporarily.

I don't see them disappearing but I don't see the value at current market prices.

ETSY
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I'm too scared of companies like ETSY being covid trends that die as fast as people return to work, games workshop etc too.

also any work from home companies lol, digital workforce will take half the jobs.
bought shares in companies like blue prism instead
 
Etsy is a good shout. I might look into that one myself.

It's one of my favourite shopping outlets.

Ebay.. For generic tat, I use most
Etsy for unique things. (buying a shelf off there at the moment and just bought a clock)
Amazon.. When I have to. If its cheaper and no where else has it.

Ill try not to use amazon. Because.. Amazon. But if its the cheapest (significantly) I will buy from there.

Personally I think etsy will grow and grow


Feel I'm way too late to the party for tesla now.
 
It was easy to make profits in pandemic.
Big oversold shares were always going to bounce. Now its much harder.

a lot. Of bounce is priced in. Some of that may just be hype, indeed, many (like cine) may even fold.
 
413x said:
Feel I'm way too late to the party for tesla now.
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I wonder with that one the share price must be over valued so much right but people treat it as a tech company.

do they really have any tech no one else does though, even nvidia is doing ai for self driving cars.
tesla are or were using Panasonic batteries, then there's some other up and coming battery tech I think which is supposed to be a breakthrough not developed by tesla.
I doubt tesla are the world leaders in electric motors.
so what do they actually have no one else does? elon musk as a face?

okay tesla did innovate and push technology forward a lot, they did start on EV at a time everyone thought it was insane and they did survive till now.

I don't see them having a lead though it's like they did all the handwork then the big boys get to take advantage of it.

but they could also be like the next APPLE and people buy their cars just because TESLA.

maybe the tesla hype should be treated more like the early bitcoin hype, it's so difficult to see what will happen with them.

even at 600-650 it could be worth but idk seems like a risk when you compare the value to actual big car companies.
tesla have a lot of competition now as well and supply problems.

let's say there's a war for something all EV companies need like battery cells or whatever, some of the big car companies probably have way more sway then tesla.
I bet that's the reason tesla want to make everything themselves so much, wasn't elon even talking about mining the metals themselves.

he probably has sleepless nights about how easy tesla could end up cornered.


if spacex goes public though I'm in on that one for my grand-kids, grand-kids :D shame blue origin isn't a subsidy of amazon :(
 
It's a bit of a gamble.
I never expected it to balloon like this so quickly. And I know is a lot of hype. But yeah in this case it might be justified.

I think a lot depends on the other car companies.
If they get their act together I can see competition knocking that price down.

But yeah. It's a crazy world. And they could be the next apple!

I want an electric car next. But I'm Just as likely to pick tesla as Nissan. But tesla do have a lot of additional stuff as well as the car

I have a bad feeling tesla could be apple and ill constantly regret not getting in on tesla. But it's such a hard call. There's a long way down and a long way up depending on price.

I guess at this point the huge gains are gone.
If it doubled from now that's only double.
 
413x said:
Personally I think etsy will grow and grow

Feel I'm way too late to the party for tesla now.
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I think Etsy's had a big boost in lockdown and will continue to grow from it.

Tesla is in the same ballpark as Bitcoin for me. The big gains have already been made, not a good long term buy at current prices imo, would need a big drop for me to get in.

The iShares Global Clean Energy ETF has been doing well.
 
arknor said:
every time I look at AMD they seem overvalued by like 20% maybe more.
maybe you have more insider knowledge and probably bought your shares ages ago. (product buyer for OCUK right?)

but to me it seems

AMD revenue is a tiny fraction of intels.
NVIDIA dominates AI now and they had chips purposely for AI architecture way before AMD even thought about it. (nvidia even calls them self an AI company now right?)
I wonder if people look at nvidia who makes GPU, then looks at AMD sees they make GPU.
thinks nvidia is so highly valued cos they make and sell GPUs


amd went bankrupt almost twice in 20 years right? 2015, and somewhere around 2003?
only ever were the outright fastest in the last 20 years maybe 2-4 times? and that could have been timed to be between Intel generations to steal the crown temporarily.

I don't see them disappearing but I don't see the value at current market prices.



I'm too scared of companies like ETSY being covid trends that die as fast as people return to work, games workshop etc too.

also any work from home companies lol, digital workforce will take half the jobs.
bought shares in companies like blue prism instead
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AMD price target raised to $120 from $100 at Wells Fargo 16:30 AMD Wells Fargo analyst Aaron Rakers raised the firm's price target on AMD to $120 from $100 and keeps an Overweight rating on the shares. The analyst sees "sustainable" re-rating potential for semiconductor stocks in 2021 amid "broadening" secular growth drivers. Rakers calls Micron Technology (MU) his top pick for 2021 and AMD and Nvidia (NVDA) "secular growth longs." The analyst sees a "deepening positive thesis" in DRAM into 2021 driven by the server CPU cycle, 5G content expansion, new game console cycle and the increasing importance of memory in computer architectures
 
mid_gen said:
Tesla is in the same ballpark as Bitcoin for me. The big gains have already been made, not a good long term buy at current prices imo, would need a big drop for me to get in.
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Personally I still think it has a long way to go. The mistake is thinking they're a car company and comparing their figures as such. At the time of writing their market cap is $642b, Toyota is $251b, sure. But Apple are "just" a consumer electronics and software company too. Their market cap is $2.17tn.

Every week Tesla do something that's just the start of what could be a multi-billion dollar standalone business, such as www.teslarati.com/tesla-largest-powerwall-installation-goes-live. Everything they do is for/set in the future and fledgling, as opposed to say mobile phones where ownership is already high.

Then there's the brand. It's phenomonly powerful. Kids and youngsters look at Musk and Tesla like Tony Stark; they recognise Tesla cars and the brand far more readily than adults, and they are their future customers. My neighbour's 4 year old spots Tesla's everywhere, but she's probably never heard of Toyota. That degree of brand recognition and appreciation literally cannot be bought... and they don't even advertise.

I bought shares in January 2020 at ~450p, that was an all-time high with traders still shorting them, everyone saying they'd topped out, and most targets being ~300p. Factoring out the share split the equivilant share price is ~3,410p.

Like most shares, it never feels right to buy at record highs without some sort of impending, insider knowledge. But some stocks do just keep going up and up and up and it comes back to the old adage of time in the market is better than timing in the market.
 
It will be interesting to see how Tesla copes once other companies stop buying it's credits. It sold $1bn worth in the past 12 months. As a car company I don't think it's going to popular in Europe compared to VW, Renault and the like. I fully expect the ID.3 and similar to outsell it massively. The Clio and Golf/Polo are consistently the top selling cars in Europe, so people are more likely to gravitate to EV versions of these or similar.

In the US it's another matter. Of course Tesla is more than just a car company, but then so it Mitsubishi, Honda, daewoo, Suzuki etc... It will be interesting to see how its other businesses stack up in the longer term.

413x said:
Etsy is a good shout. I might look into that one myself.

It's one of my favourite shopping outlets.

Ebay.. For generic tat, I use most
Etsy for unique things. (buying a shelf off there at the moment and just bought a clock)
Amazon.. When I have to. If its cheaper and no where else has it.

Ill try not to use amazon. Because.. Amazon. But if its the cheapest (significantly) I will buy from there.

Personally I think etsy will grow and grow


Feel I'm way too late to the party for tesla now.
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Etsy is kind of niche, and could benefit from the growth of cottage industries, especially with 3D printing, and more people looking to develop a side-hussle. Personally I like Shopify and some of the deals its been doing recently.
 
Russinating said:
Personally I still think it has a long way to go. The mistake is thinking they're a car company and comparing their figures as such. At the time of writing their market cap is $642b, Toyota is $251b, sure. But Apple are "just" a consumer electronics and software company too. Their market cap is $2.17tn.

Every week Tesla do something that's just the start of what could be a multi-billion dollar standalone business, such as www.teslarati.com/tesla-largest-powerwall-installation-goes-live. Everything they do is for/set in the future and fledgling, as opposed to say mobile phones where ownership is already high.

Then there's the brand. It's phenomonly powerful. Kids and youngsters look at Musk and Tesla like Tony Stark; they recognise Tesla cars and the brand far more readily than adults, and they are their future customers. My neighbour's 4 year old spots Tesla's everywhere, but she's probably never heard of Toyota. That degree of brand recognition and appreciation literally cannot be bought... and they don't even advertise.

I bought shares in January 2020 at ~450p, that was an all-time high with traders still shorting them, everyone saying they'd topped out, and most targets being ~300p. Factoring out the share split the equivilant share price is ~3,410p.

Like most shares, it never feels right to buy at record highs without some sort of impending, insider knowledge. But some stocks do just keep going up and up and up and it comes back to the old adage of time in the market is better than timing in the market.
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It's just too hyped and talked about for me. Talking about brands, but they're nothing like Apple, and in a much more risky, expensive, and low-margin industry. I'll pick some up at some point, but only in a dip.

Time in the market is right though, with zero interest rates the norm for years to come, just get in, somewhere, and ride it.

I want to punt on a few more depressed airlines and other stuff which still hasn't recovered from covid first though.
 
It's just the nature of our current economic system and the circumstances that have allowed Tesla to keep themselves eminently in the news, such as the reduced costs that allowed them to get into the rocket launching business. Honestly, the perception that the public has of the 'car' company probably helps them as it makes them look vastly more interesting to the public than boring old Ford or Toyota.

Regarding the easy advertising, not sure there should be any surprise there considering the social media era we live in, personality cults are all over place now and with the added benefit of bias from investors trying to push the price up for their own gain.

I'm sure that somewhere down the line Tesla will be just another vested interest getting in the way of progress (signs of it already with right to repair), but for the moment I'm happy enough that they're there forcing everyone else to move forward rather than preoccupy themselves with 'just enough'.
 
I only have a small holding but selling my Tesla shares next week as I think they're due a dip after S&P 500 inclusion - I'll buy back in if the stock dips to 550.

I'm struggling to see Tesla's worth too when you look at the quality of their cars which are meant to be premium and I've heard their customer service is diabolical too but as people keep saying, they are more than a car company and we might as well join the hype train and reap the rewards.
 
StriderX said:
It's just the nature of our current economic system and the circumstances that have allowed Tesla to keep themselves eminently in the news, such as the reduced costs that allowed them to get into the rocket launching business
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spacex isn't a subsidiary of tesla? it's an entirely separate company?

they are more than a car company and we might as well
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no one ever explains what they own that separates them from any other car company..

As I posted earlier.
Companies have been making electric motors for decades so I doubt tesla is anywhere near the world leader
Self driving software numerous companies have it including the world leader in AI Nvidia
Batteries, tesla were and probably still use Panasonic.

Toyota is making prototype EV with a solid state battery next year

the big car companies have just been waiting for governments to start forcing EV change and now they are.

apart from a brand and elon musk what do they have?

if people have faith in tesla or got in early enough then all the power to you and I hope you get the returns your hoping for.

Not a hater just realist
 
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