Trading the stockmarket (NO Referrals)

Uther · 13 Oct 2022 at 14:35

It'll be reet.

Derp.

silversurfer · 13 Oct 2022 at 14:49

dLockers said:
Too late now. Don't sell them to other people for a discount.

Price in the market for shares and the company itself able to operate in its own market are two different things. Funny thing to me is that shares are better placed vs inflation then a bond which is fixed

smokedog said:
I cashed out in August and currently thinking about going back in.

Scaling seems fine to me just stay liquid and able to buy every month. They'll be a rally at some point but how long it lasts vs the overall bearish trend is the speculative part.

Long term theres no reason not to buy a valid company with genuine utility

mid_gen · 13 Oct 2022 at 15:16

silversurfer said:
Long term theres no reason not to buy a valid company with genuine utility

Standing by my INTC buy, I'll go down with this ship

Actually in the green today......

dowie · 13 Oct 2022 at 16:24

silversurfer said:
Funny thing to me is that shares are better placed vs inflation then a bond which is fixed

Not necessarily, bonds have fallen a bit now/yields increased and so could be worth a punt.

Also, not all bonds are fixed, you can get floating-rate bonds, you can get bonds linked to inflation.

Doggie2k · 13 Oct 2022 at 16:52

Doggie2k said:
Think i will keep my nvidia short in play for a while longer

Nope got out of that one with 10% profit but completly lost my shirt with a sqqq long

What a brutal day

1pudding1 · 13 Oct 2022 at 17:04

I'm still quite big into Argo Blockchain. So painful. Definitely a looooong play now.....if they survive!

slinxy · 13 Oct 2022 at 17:35

Hi all...
I'm looking to start buying shares at the start of next fiscal year when I get my bonus, I'm not expecting it so heck I'm going cry much if I lose it and if I make a profit, it be a nice bonus.

What's the best method/platform/app to do it with? I'm looking for mid-term and long-term investments with some short term "gambles"..

Thanks all...

mid_gen · 14 Oct 2022 at 07:57

slinxy said:
Hi all...
I'm looking to start buying shares at the start of next fiscal year when I get my bonus, I'm not expecting it so heck I'm going cry much if I lose it and if I make a profit, it be a nice bonus.

What's the best method/platform/app to do it with? I'm looking for mid-term and long-term investments with some short term "gambles"..

Thanks all...

A stocks and shares ISA is probably most appropriate, unless you're wanting it to put it away until retirement, in which case a SIPP will be more efficient.

I used Trading 212 for my S&S ISA, and Fidelity for SIPP.

413x · 17 Oct 2022 at 13:02

Rare day of Green.

Particularly surprised by persimmon being up so much. We know cost of living is rising. Especially mortgage rates. Unless the market is thinking the gilts etc are stabilising and thus the current market rates have nearly topped out?

mid_gen · 17 Oct 2022 at 13:03

413x said:
Rare day of Green.

Particularly surprised by persimmon being up so much. We know cost of living is rising. Especially mortgage rates. Unless the market is thinking the gilts etc are stabilising and thus the current market rates have nearly topped out?

Probably due to the only thing surviving the mini-budget bonfine is the stamp duty cuts.

413x · 17 Oct 2022 at 13:10

mid_gen said:
Probably due to the only thing surviving the mini-budget bonfine is the stamp duty cuts.

I missed that one!

Classic tory that one.
The one significant thing I didn't agree with sunak on vas his stamp duty cut

throwaway4372 · 17 Oct 2022 at 13:10

don't worry, it'll get rekt again when rates go up

200sols · 17 Oct 2022 at 13:11

When house prices fall those shares are going down at least another 50%.

413x · 17 Oct 2022 at 14:41

200sols said:
When house prices fall those shares are going down at least another 50%.

For now I think I'll take the green day!

silversurfer · 17 Oct 2022 at 21:54

Nikolay Kozhanov (@KozhanovNikolay), Research associate professor at Qatar University, says the oil market is over supplied hence OPEC cuts justified and correct (as always ).
OPEC view Longterm vs western shorterm & political view

Not sure I agree but China is lagging I guess: https://www.aljazeera.com/podcasts/2022/10/13/why-is-opec-cutting-oil-production

Martynt74 · 21 Oct 2022 at 09:17

I've been piling my spare cash into a cash savings account for a few months as i've watched my investments plummet. My issue being that it's money i would want to withdraw in around 12-18 months to relocate to Spain.

I know no-one has a crystal ball, but would people class something like the Vanguard Lifestrategy as relatively safe to at least allow dividend income? I'm thinking over maybe moving 50% into something like that, in the hope there is a little growth. I don't mind some risk as i wouldn't be reliant on this money to move, more that it'd be nice to have.

200sols · 21 Oct 2022 at 09:25

Bonds have been hammered this year and as rates rise it will continue for a while yet @Martynt74. The life strategy funds with higher allocations to bonds which one used to call 'safer' have been absolutely hammered this year, IMO keep anything you need in the short term as cash. You can get 4.5% on 1year fixed savers now.

Martynt74 · 21 Oct 2022 at 09:28

200sols said:
Bonds have been hammered this year and as rates rise it will continue for a while yet @Martynt74. The life strategy funds with higher allocations to bonds which one used to call 'safer' have been absolutely hammered this year, IMO keep anything you need in the short term as cash. You can get 4.5% on 1year fixed savers now.

Yeah, maybe that's the best option. We're not talking huge amounts. Certainly not more than £5k so the difference between 3% and 10% isn't a huge amount in pure money terms. Just hard to wrap my head around the fact that savings accounts are better.

I'm on a tracker mortgage too, so worth considering just paying it all off that, although 4.5% beats my current mortgage rate. Might have to see what penalties are involved with an early withdrawl.

mid_gen · 21 Oct 2022 at 09:39

Martynt74 said:
Yeah, maybe that's the best option. We're not talking huge amounts. Certainly not more than £5k so the difference between 3% and 10% isn't a huge amount in pure money terms. Just hard to wrap my head around the fact that savings accounts are better.

I'm on a tracker mortgage too, so worth considering just paying it all off that, although 4.5% beats my current mortgage rate. Might have to see what penalties are involved with an early withdrawl.

Personally, I would just hedge it. 1/3 GBP cash, 1/3 EUR cash, 1/3 index trackers. Depends how much 'spare' you have and how much of it you'll actually need.

Martynt74 · 21 Oct 2022 at 09:48

mid_gen said:
Personally, I would just hedge it. 1/3 GBP cash, 1/3 EUR cash, 1/3 index trackers. Depends how much 'spare' you have and how much of it you'll actually need.

Realistically we wouldn't "need" any of this cash. It would more just be used for "upgrades" to house/car purchases whilst over there.

Good call on trying to hedge Euros, i wish i'd thought of changing it over back when the rate was 1.2. The main worry for me at the moment, is housing crash and Fx rates. Have gone from thinking "Sell house for £350k gives me around €420k" to "Sell house for £310k gives €340k". The combination of potential housing crash and fx rate drop has potentially dropped my buying power in Spain by €80k. So anything i can build up between now and then would just help.

Have just agreed to sell my ~£25k car to swap for something at £10k. Just to de-risk that side of things too. I don't need to see a big depreciation hit because interest rates rise and spending power drops and hits car values. We barely drive anywhere with both working from home so just doesn't seem worth it, as much as we both love the current car.