I'd happily exclude tobacco, fossil fuels, gambling. Start going too deep though and you could end up excluding too much and losing the point of an index tracker!
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
Renewable energy is getting hammered at the moment, I'm in with UKW, ORIT and FSFL and it goes up and down lthen down again, maybe a good chance to get in while it's still cheap considering ORIT is now the third biggest energy supplier in the UK and the default company that the governement moves customers to when other energy suppliers go broke.
Tescos and IDS are my two biggest gainers at the moment..
I think I'm going to just going to sell off anything in the green come april and move it to a stocks and shares ISA when we are allowed more than one ISA of each type and mainly going for IUKP reit which I'm currently up 8.5% with at the moment, property isn't well covered in my other trackers.
who knows; with the housing storage.. if the government or the next goverment gets their act together, builders and property may move big.
Anyone spec me some good books to read please?
I've read the following; that I can remember...
Thanks in advance..
I've read the following; that I can remember...
How to Day Trade for a Living: A Beginner's Guide
Money: A User's Guide
The 4-Hour Work Week
One Up On Wall Street
Intelligent Investor
A Random Walk Down Wall Street:
I Will Teach You To Be Rich
Rich Dad Poor Dad
the richest man in babylon
your money or your life
the psychology of money
Money: A User's Guide
The 4-Hour Work Week
One Up On Wall Street
Intelligent Investor
A Random Walk Down Wall Street:
I Will Teach You To Be Rich
Rich Dad Poor Dad
the richest man in babylon
your money or your life
the psychology of money
Thanks in advance..
No chance.
Will you stop using plastic items, not fly on holiday and walk everywhere ?
Been Considering ukw myself.
But it's such a flat stock there always seems a better option.
What exactly does that have to do with my question?
You buy it for the dividend really. Now you can get the same yield on cash its less attractive than it was hence its fallen share price and wide discount. But if its discount closes then potential for a decent gain. Nav performance is pretty steady.
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I assume it’s a moral thing to not invest in oil companies ?
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Dead-end industry and responsible for wrecking the climate, there are several good reasons for not investing in them, morals are just one.
In theory if they die out they'll exit the global trackers anyway. I think it's unethical to invest directly in fossil fuels though.
Yeah that's basically what I figured too.
Its grown it's div YoY for a while I believe as well.
I'm actually surprised it hasn't grown.
But as you say, now we are on cusp of rate falls, it's going to look more attractive.
Probably will jump in on the new year. It's been in my "to buy" list for a while. Just not made it to the top.
The traditional dirty stocks are going to play an important role in the transition i think.
For what? the climates going to change regardless of what man does, if anything more and more people are starting to believe it's wef nonsense to control the population
The earths never had a stable climate and it never will
Those fossil fuel companies tend to own a lot of "green" "renewable" energy production by the way, if your talking about the big oil companies anyway
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Not really convinced they are great investments myself.
Looking to 2024 I think the most significant known upcoming event is the US election (with an unknown outcome). If Trump is re-elected then expect Russia to step up its attacks and even widen them to strike a NATO country on the Eastern side such as Poland, Latvia etc. China may also be tempted to make a move on Taiwan if it feels the US are unlikely to get involved. The election is not until next November but watching the electoral forecasts is going to be important. It’s scary to think that the election of one person could lead us so close to potentially a significant or worse world war.
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The candidates for the US elections is a sad affair… to me there’s too much internal politics, so one candidate tries to be the most polarising person and the other tries to be the least polarising. I think the US stock market will continue to grow regardless which old man is in the white house, just at a different rate. i’ll be keeping an eye on AI and blockchain stocks from a far.
China is trying to setup the new world order where they are the most important country in the world and it‘s up to the US if there’s a transfer of power and how the transfer occurs. It may be worth tracking the three Chinese stock markets.
let’s not forget that we have an election in the UK too, the ftse has been moving sideways for far too long. I’m hoping for a change of management, improvement in trades between the UK and the EU and a boom in the ftse.
I wish they could wipe the slate clean and have some younger candidates. I don’t think the UK elections will be very disruptive. Rishi or Keir. The markets will be happy with either.
Taiwan has some elections coming up and China just put some trade pressures on them to try and push a favourable government.
The issue with the torries is that they can’t get anything done at the moment. There’s too many right whingers that don’t really care about how the country is.. they just want their way.
If they could get regulations sorted out, then businesses can setup their business plans and adjust accordingly. But at the moment they just keep kicking the can down the road and it keeps changing, it’s very difficult for companies to plan for the unknown.