Trading the stockmarket (NO Referrals)

radderfire said:
Does anyone hold Coinbase (COIN)?

I saw an interview with CEO Brian Armstrong recently and they have big plans.
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not me Robinhood already makes money from crypto and seems more likely where people are going to buy that kinda stuff for investment purposes.

only true nerds use coinbase surely, most the population couldn;t care less about actually using crypto to buy stuff.

they will just invest on trading platforms, or whatever digital banks let you hold it

same as people arent going the jewellers to buy little gold bars.


Not saying Coin is going to tank, but I feel theres safer places to have a bit of crypto risk.
 
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Trusty said:
What has inflation averaged over the last 15 years bar covid? 2%? 3%?

Official Inflation figures do not capture asset price inflation.

Currency debasement, monetary debasement, asset price inflation...which ever you wanna call it. That's the asset part. Inflation is inflation, it's the consumer price level bit.

So 11% just to break even, give or take.
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Official inflation figures should include housing, because that is an essential. They don't of course, and this is what makes them fairly meaningless, when most people's main cost is their housing.

I think you know though that you are preaching to the choir when it comes to how bad official inflation reporting is! ;)

If you aren't recommending an S&P 500 tracker for a newbie, what is your recommendation to make your 11% hurdle rate then? I would say punting on meme stocks is not for the newbie, and most of the time they will get wrecked. More experienced traders might manage it, but they are getting a lot of luck from the current exceptional conditions, i.e. strong tailwind from all the money printing.
 
arknor said:
Not saying Coin is going to tank, but I feel theres safer places to have a bit of crypto risk.
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Below is the interview. Coinbase has plans to push into wider financial services. Crypto exchanges are highly profitable, the regulatory environment has turned favourable, lots of growth potential. Looks interesting, I might look into it a bit more.

 
radderfire said:
Official inflation figures should include housing, because that is an essential. They don't of course, and this is what makes them fairly meaningless, when most people's main cost is their housing.

I think you know though that you are preaching to the choir when it comes to how bad official inflation reporting is! ;)

If you aren't recommending an S&P 500 tracker for a newbie, what is your recommendation to make your 11% hurdle rate then? I would say punting on meme stocks is not for the newbie, and most of the time they will get wrecked. More experienced traders might manage it, but they are getting a lot of luck from the current exceptional conditions, i.e. strong tailwind from all the money printing.
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Well BTC etf's are arriving in the UK pretty soon. That's why i was surprised to see you advise the S&P. It's fine if you want to stay even but you'll never make any actual money.
 
I thought FCA restricted crypto from being tradable, did policy change. I wonder if these are available but only to some. ETN is not ETF, its a form of credit note and if the operator cannot honor that debt you are a creditor so that's an extra risk and crypto is already giant volatility though it looks nice right this moment.

Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.

Exposure without ownership

Crypto ETNs are debt securities that track the value of cryptocurrencies, but you don't own the underlying cryptocurrency itself.

ETNs (Exchange-Traded Notes) and ETFs (Exchange-Traded Funds)
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silversurfer said:
I thought FCA restricted crypto from being tradable, did policy change. I wonder if these are available but only to some. ETN is not ETF, its a form of credit note and if the operator cannot honor that debt you are a creditor so that's an extra risk and crypto is already giant volatility though it looks nice right this moment.
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Point is can you put them in your ISA now
 
My s&s isa is currently circa 50% bonds, 25% all world, 25% individual stocks (mainy amd/intel/broadcom/nvidia) 5% gold.
Glad I reduced the bond proportion a bit 3-6 months ago, but not sure at all where to go from here. My gut says reduce the individual stocks.

Feel like "winners add to winners" is just too high risk right now.
 
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Woke up this morning to find that my gains over the last 12 months have finally tipped over and exceeded the amount I pay into my S&S ISA each year (£20K) for the first time.

I understand that the market is pretty heated right now, and it will likely dip back under, but this is a fairly awesome moment for me given that I've not really been investing properly for all that long.

My assets are now earning more than I'm adding from my income each year.

Full disclosure - I have no individual stocks, I simply buy Vanguard's All World ETF (£VWRP) every month to max out my ISA.
 
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GordyR said:
Woke up this morning to find that my gains over the last 12 months have finally tipped over and exceeded the amount I pay into my S&S ISA each year (£20K) for the first time.

I understand that the market is pretty heated right now, and it will likely dip back under, but this is a fairly awesome moment for me given that I've not really been investing properly for all that long.

My assets are now earning more than I'm adding from my income each year.

Full disclosure - I have no individual stocks, I simply buy Vanguard's All World ETF (£VWRP) every month to max out my ISA.
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We are in a really weird pump at the moment though. Like you, my S&S growth is outperforming my additional deposits every month.

Over 12 months VWRP is performing at ~ 13% growth but looking at a much smaller window it's performed at ~ 12% in 4 months alone. If we continued to see the same growth, annual returns would be 35% growth which is insane and unsustainable. I'm more than happy to see my investments growing by £3k/month simply by passive investing but it's going to do weird things to the economy over the long term.
 
Looking at small windows is fairly meaningless but my chosen cherry picked window is from the April low, VWRP is now up 35%. That's a big move.
 
ci_newman said:
We are in a really weird pump at the moment though. Like you, my S&S growth is outperforming my additional deposits every month.

Over 12 months VWRP is performing at ~ 13% growth but looking at a much smaller window it's performed at ~ 12% in 4 months alone. If we continued to see the same growth, annual returns would be 35% growth which is insane and unsustainable. I'm more than happy to see my investments growing by £3k/month simply by passive investing but it's going to do weird things to the economy over the long term.
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This will cause a massive spike in inflation, our money will be worth a lot less.
 
ci_newman said:
We are in a really weird pump at the moment though.
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Of course, I more than understand this. It's just a wonderful psychological milestone to have hit for the first time.

I plan to continue doing this for at least the next 25 years without selling a penny.
 
its the orange potato messing with things, multiple attempts at crashing the market but it's got to a point where market doesn't seem to care much about what he says or does... but initially, the hits were massive.
 
mid_gen said:
www.bbc.co.uk

JP Morgan boss Jamie Dimon sounds warning on US stock market fall

Jamie Dimon said he was "far more worried than others" about the potential for a stock market correction.
www.bbc.co.uk www.bbc.co.uk

Jamie Dimon adding to the BoE's warnings this week.

I might start a gold collection :P
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Bit vague to say 6 months to 2 years. I could say the markets are likely to see a correction in the next 2 years or so and get paid millions of dollars for that insight :)


Like saying "run for your life, the Sun is going to kill us all!"...................in about 50 million years.
 
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