I'd say US Tech is a fairly decent long-term bet. I certainly wouldn't be rushing out of them.
I complteley agree in the long-term but this is a short-term decision.
I will still have exposure to US Tech, just not in that particular ETF.
I'd say US Tech is a fairly decent long-term bet. I certainly wouldn't be rushing out of them.
I have mine sitting in a standard HL trade account as it was quick to setup.
It charges on execution buy/sell, but no on-going hold cost (I think )
Yeah you can invest in whatever you like. Make note that if you invest in Funds (FTSE tracker etc) then there's no transaction charges.
The only thing to consider is the risk element. If that's savings for a house deposit then do you want the risk of a market crash? Not saying it'll happen again soon, but around 25% was wiped out of the market last March more or less overnight. Could you handle that stress?
24% IAG
22% RR
20% Scottish Mortgage Investment Trust
18% VanEck Vector Video Gaming and eSports
10% VW
6.5% Atlantica Sustainable Infrastructure
The last is just a punt as I fancied a UK green energy stock (though they're US listed).
Bet you wish you went bigger on VW
Bet you wish you went bigger on VW
Israeli multi-asset investment platform eToro has merged with publicly traded special purpose acquisition company (Spac) Fintech Acquisition Corp V (Fintech V).
Upon closing, the combined company will operate as eToro Group and is expected to list on the Nasdaq.
The platform supports investments in equities, ETFs, commodities, currencies, cryptoassets and smart portfolios.
EToro was founded in 2007 with the aim to open up capital markets. Users can trade directly, invest in a smart portfolio, or replicate the investment strategy of successful investors on the platform.
It is regulated in the UK, Europe, Australia, the US and Gibraltar.
In 2019, eToro launched crypto and social trading in the US and received approval for a broker-dealer licence, with plans to launch stocks in the country in the second half of 2021.
Finances
The combined business is expected to have an “estimated implied equity value” of approximately $10.4bn (£7.5bn, €8.7bn) at closing, reflecting an “implied enterprise value” for eToro of approximately $9.6bn.
The deal includes $250m in gross proceeds from Fintech V’s cash and $650m in gross proceeds from a private placement in public equity at $10 per share from various strategic and institutional investors.
EToro Group is expected to have approximately $800m net cash on its balance sheet to support future growth.
Existing eToro equity holders, including current investors and employees of the firm, will remain the largest investors in the combined company retaining approximately 91% ownership immediately following the business merger.
The business combination, which has been unanimously approved by the boards of directors of both eToro and Fintech V, is targeted to close in the third quarter of 2021, subject to stockholder approvals and other customary closing conditions.
Anyone else having a look at HMSO?
Looks like a good recovery stock to me. Results this week aren’t going to be pretty but I think it’s priced in.
18% VanEck Vector Video Gaming and eSports
Plenty of legs in EVs, loads more need to be made and they all require materials someone has to dig up.Really, I'm looking for good future shares.
Plenty of legs in EVs, loads more need to be made and they all require materials someone has to dig up.