Trading the stockmarket (NO Referrals)

Azza · 14 Nov 2022 at 08:55

Joules is going into administration.

Who will pick up the pieces Next or Mike Ashley?

arknor · 14 Nov 2022 at 09:08

High street seems dead outside of london, anyone buying it would surely only buy it for the brand,.

HOnestly never heard of them either

413x · 14 Nov 2022 at 13:23

arknor said:
High street seems dead outside of london, anyone buying it would surely only buy it for the brand,.

HOnestly never heard of them either

Posh, country people like the brand.
Horse riding, rich farmers etc etc

Minusorange · 14 Nov 2022 at 14:57

413x said:
Posh, country people like the brand.

But not enough to buy the products :cry:

mid_gen · 15 Nov 2022 at 15:14

Feeling pretty good about my semiconductor buys at the moment! Shame cable moves are taking the edge off the gains...

ci_newman · 18 Nov 2022 at 05:48

https://www.ftadviser.com/property/2022/11/17/dividend-and-capital-gains-tax-allowances-cut/

I completely missed the changes to CGT in the budget yesterday

Maybe time to sell up before April 2023

martin363 · 18 Nov 2022 at 06:36

Azza said:
Joules is going into administration.

Who will pick up the pieces Next or Mike Ashley?

I used to work for the CEO of Joules at another retailer. He was a complete **** with a hyper inflated ego, and limited ability which he hid with his ego. Not surprised.

mid_gen · 18 Nov 2022 at 07:42

ci_newman said:
https://www.ftadviser.com/property/2022/11/17/dividend-and-capital-gains-tax-allowances-cut/

I completely missed the changes to CGT in the budget yesterday Maybe time to sell up before April 2023

If you're already maxing out the extremely generous S&S ISA allowance, you can afford a bit more CGT.

SPG · 18 Nov 2022 at 08:02

mid_gen said:
If you're already maxing out the extremely generous S&S ISA allowance, you can afford a bit more CGT.

A bit more...... A bit more, 3k is nothing. Again punishing the middle. This Tory government need outing ASAP

200sols · 18 Nov 2022 at 08:03

SPG said:
A bit more...... A bit more, 3k is nothing. Again punishing the middle. This Tory government need outing ASAP

After you've maxxed out your pension and ISA, which is what, about 50k in contributions per year then yes, outside of tax wrappers you can afford the CGT.

mid_gen · 18 Nov 2022 at 08:10

SPG said:
A bit more...... A bit more, 3k is nothing. Again punishing the middle. This Tory government need outing ASAP

Someone has to pay for the boomers' retirement, it's not going to be them.

platinum87 · 18 Nov 2022 at 08:19

SPG said:
A bit more...... A bit more, 3k is nothing. Again punishing the middle. This Tory government need outing ASAP

Well ideally you should not be selling anything and thus not be liable for CGT.

I guess the issue is you are trading and not simply buying an index, how about trade inside the ISA, while keeping your other account a single ETF/Fund which is the index.

SPG · 18 Nov 2022 at 08:48

Well its the shares and the Crypto

Not that is matters as everything is red anyway.

delta0 · 18 Nov 2022 at 10:08

SPG said:
A bit more...... A bit more, 3k is nothing. Again punishing the middle. This Tory government need outing ASAP

I bet most people that make gains above that new allowance probably won’t declare them. They either wouldn’t know how or realise they had even made that much in gains. Once you make multiple investments over years it gets really hard to keep on top of the actual gains. I bet they don’t even get 10% of what they expected in that £3k-12k band.

arknor · 18 Nov 2022 at 18:43

delta0 said:
I bet most people that make gains above that new allowance probably won’t declare them. They either wouldn’t know how or realise they had even made that much in gains. Once you make multiple investments over years it gets really hard to keep on top of the actual gains. I bet they don’t even get 10% of what they expected in that £3k-12k band.

er it;s really easy to see how much profit you make when you sell stuff?

delta0 · 18 Nov 2022 at 18:50

arknor said:
er it;s really easy to see how much profit you make when you sell stuff?

Depends. Once you have started buying and selling your section 104 holding needs to be calculated. This gets trickier with partial sales.

arknor · 18 Nov 2022 at 18:53

delta0 said:
Depends. Once you have started buying and selling your section 104 holding needs to be calculated. This gets trickier with partial sales.

you can get a break down from your broker though for the tax year?

delta0 · 18 Nov 2022 at 18:57

arknor said:
you can get a break down from your broker though for the tax year?

Not everywhere provides section 104 holding calculations. It will be too complicated for most people not used to paying CGT. Once you have done partial sales and some further purchases later then the calculation is complicated. I have a huge spreadsheet to do mine for my company shares.

CapitalOne · 1 Dec 2022 at 22:32

200sols said:
Are you in pensions?

Isn't it absurd that this was even possible, leverage on gilts?

Holy revival! Just to let you know in that particular crisis, I was in a meeting yesterday. The answer was no bids on UK gilts. No bids worldwide on UK gilts. Hence the liquidity facility. It was 4 days of no bids before the BOE opened the facility. Old news, but the entire planet thought the UK was a worse bet than Bitcoin, magic beans, or even Musk investments. We certainly dodged a bullet but the Tories will never admit it. I now know they genuinely cannot be trusted.

silversurfer · 1 Dec 2022 at 23:03

None of them can be trusted, that will be the ultimate conclusion. I got no faith in BOJ ECB BOE or the FED will survive the harshest inspection. Thats a lot of trillions so I really wonder how that turns out but I presume QE fallout will occur in my lifetime.

BOJ qe at DuckDuckGo

DuckDuckGo. Privacy, Simplified.

duckduckgo.com

BOJ holds 1tn $ treasuries afaik