Wrong. Remember this is about regular investing small sums not one off share trades. HL offers free regular investing.
See the HL info below.
Many platforms now offer low cost regular investing services.
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Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
See the HL info below.
Soldato
- Joined
- 13 Jul 2004
- Posts
- 20,344
- Location
- Stanley Hotel, Colorado
I remember when it was Ceefax to check your share prices and phone the broker for 30 quid lol. I tried win 1.0 told my dad go MSFT but not surprised he went RR and later PCT, RR did nothing in the 90's now its unstoppable?
HL just charged us nearly 20 quid on a German share, DTE did very well to hold luckily as thats an awful charge for what was a small holding but time to go. In general go unit trusts imo and tech and semi still good ? I think gold continues well in a macro way defying mavity, the producers have lagged if anything.
HL just charged us nearly 20 quid on a German share, DTE did very well to hold luckily as thats an awful charge for what was a small holding but time to go. In general go unit trusts imo and tech and semi still good ? I think gold continues well in a macro way defying mavity, the producers have lagged if anything.
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Work Share Schemes..
I'm currently using a ladder approach signing up to a 3 year scheme every year, so that when one matures I can start another one.
Currently I'm putting in £50 pounds each month (£150 to all the schemes) in total. I'm going to up this amount to use up the £300 per month allowance for all active schemes.
My first thought would be to just up it to £100 pounds per month, per scheme as they mature and I take up the new scheme for another 3 years.
But the disadvantage of that is the scheme number of shares that can be purchased at the end of each scheme is dependant on the current share price - 25%, so that there are good years and bad years.
I could just keep paying £50 pounds per month until a good (cheap) year appears and then pay more into this scheme;
- but it's hard to decide how many eggs to put into each basket as the next year might be cheaper
- god forbid I put £50 into two and £200 into one, when the £200 scheme share price is lower at time at the end.
- or find out that it's a cheaper purchase price the year after.
There's also a much greater chance of CGTs if I don't spread out the amounts evenly, yeah I can transfer the shares into an ISA then sell and transfer the cash.. but that would mean setting up another broker account that is willing to take the shares and that is likely to trigger mutliple fees and tax paper work.
What would you do?
I'm currently using a ladder approach signing up to a 3 year scheme every year, so that when one matures I can start another one.
Currently I'm putting in £50 pounds each month (£150 to all the schemes) in total. I'm going to up this amount to use up the £300 per month allowance for all active schemes.
My first thought would be to just up it to £100 pounds per month, per scheme as they mature and I take up the new scheme for another 3 years.
But the disadvantage of that is the scheme number of shares that can be purchased at the end of each scheme is dependant on the current share price - 25%, so that there are good years and bad years.
I could just keep paying £50 pounds per month until a good (cheap) year appears and then pay more into this scheme;
- but it's hard to decide how many eggs to put into each basket as the next year might be cheaper
- god forbid I put £50 into two and £200 into one, when the £200 scheme share price is lower at time at the end.
- or find out that it's a cheaper purchase price the year after.
There's also a much greater chance of CGTs if I don't spread out the amounts evenly, yeah I can transfer the shares into an ISA then sell and transfer the cash.. but that would mean setting up another broker account that is willing to take the shares and that is likely to trigger mutliple fees and tax paper work.
What would you do?
Soldato
- Joined
- 10 Sep 2003
- Posts
- 5,019
- Location
- Midlands
Sold out of NBIS earlier in the week, been holding it for ages with a lowish average, typical it's up 20% this week. Hate it when that happens, basically threw £2k down the drain
It's delicious to watch the Musk/Trump relationship break down in real time. I wonder what Tesla investors are expecting, stock is crazy expensive and Trump is known for lashing out at people who talk down to him. Could get interesting.
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It's an interesting point... I think Tesla stock is way overpriced but it features quite high on a lot of ETFs... I think due to hype more than anything.
Tesla will be the next meme stock, it's already halfway there. The only thing is who will be pumping it, I'll be amazed if Musk is still alive and well in 36 months. His addiction seems to be taking over big time.
(I reckon his black eye is from falling over whilst in a K-hole).
(I reckon his black eye is from falling over whilst in a K-hole).
Soldato
- Joined
- 10 Sep 2003
- Posts
- 5,019
- Location
- Midlands
I don't understand the Tesla thesis, the cars aren't selling, Q1 earnings 40% miss, it's a massive gamble on robo taxis and humanoid robots both of which are already a crowded market. Amazon announced today they are making their own robots
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Gimmicks are the moment. Self driving cars have been "almost there" for a long time now and don't seem to be getting any better.
Some of the robots look just as dangerous. Especially those ones China is making which seem to commit random acts of violence
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Hype, plain and simple. If you conpared the actual numbers to a company like Toyota, they have absolutely no business being that overvalued, yet here we are. Thing is how long will it continue? It could collapse like a house of cards any second, but it's showing no signs of it. The best thing Tesla could do is oust Musk and save their repuation as much as possible, no idea if that's even an option though.
I think tesla has certainly pushed other more established manufacturers to up thier game. It's probably due a change of management though
the greater fool... ride the bubble on the way up and sell it to someone else just before it pops.
The cars look like mazdas, but I would rather have a mazda... I walked passed one the other day, and it had a cream woodern dash effect - WTF...
I’ve stumbled on my approach so no idea how good it actually is, I do £300, £100, £100 as it’s the maximum allowable. I started with The £300 and just added the next £100 when I could afford it then naturally added the 3rd £100. I know there’s good and bad years with the price but my thoughts have always been it’s money saved and it’s the end of the 3 year term that matters.
if I had the chance again I’d go an even spilt.
In terms of CGT most banks now have a share dealing dept and often have offers to open a share dealing account, once it’s in you can then transfer it out as an ISA transfer to someone else, who do you bank with? This can always be kept as a back up if you have a good year or more likely the CGT threshold is further reduced.
One balancing act I’ve learnt with the share transfer (probably very obvious) is that in the 6 months, think that’s the limit you have to transfer the shares in you transfer them in at the rate on that day. The higher the price the more of your ISA allowance you are using, suppose this matters depending on if you are planning to hold long term or sell straight away.
As I said this may all be rubbish but it seems to be working for me as it’s money invested and is as tax efficient as I can think for PAYE and CGT.
Regular investing doesn’t have anywhere near the flexibility and freedom as actual commission free trading like 212.
HL is a complete and utter rip off. They also have obscene FX charges on US share dealing.