Trading the stockmarket (NO Referrals)

I've got some Severn trent shares 22k ish I want to start cashing in. Was thinking of selling 6k worth this year (capital gains limit) and then 3k a year for the next few years.
Is there anyway these can be transfered into a isa? Or withdraw penalty free?
 
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cgt is on gains (profit), dunno what your profit is, but maybe you can sell in 1 go, or half now (using this year's allowance) and half in a month (using next year's allowance).

edit: then pop it in an isa, if you have allowance left for this year use it (rather than only using only next year's 20k). and keep an eye out for what happens with the british isa.
 
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Beans on toast Dave said:
I've got some Severn trent shares 22k ish I want to start cashing in. Was thinking of selling 6k worth this year (capital gains limit) and then 3k a year for the next few years.
Is there anyway these can be transfered into a isa? Or withdraw penalty free?
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If you look at your account, it may tell you what your profits are... if you purchase them over a period of time then it's the average cost over the whole period.
if this was purchased using a work scheme, you may be liable for income and NI taxes as well depending on how recent you purchase them.
 
Things have cooled down a bit today, cpi next week

Screenshot-2024-03-08-22-18-39-59-4ddc8d43e74adc86fab2deaad29d5519.jpg
 
RockLobster said:
Stupid question I’m new to this but are the S&P 500 companies in the US total index?
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No, the Standard and Poor 500 is the "chosen" biggest 500 companies for that exchange.
Think of the exchanage as a shopping center.. there's 504 shops ran by 500 companies.. companies can join and leave..

Next is the S&P 250, which is the chosen next biggest (large-mid cap) 250 companies.

then I think it's the S&P 400.. which is the next 400 companies (mid cap)...

you have the Dow, nasdaq and one other... that's slip my mind as it's late now.. EDIT: Russell
think of them like different brands shopping centres, some companies will appear in just one, two or all three of them.

but when most people say the US stock market they are refering to the S&P 500.

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EDIT: trying to clear it up as it's as clear as mud..

S&P 500 - top large 500 US companies
+
S&P 400 - middle - mid cap US companies
+
S&P 600 - small cap US companies
= S&P 1500 comp - all of those companies together.
 
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Nvidia dropped.

I was shorting it on t212 CFD at round 930$ and didn't have the balls to leave it going whilst I slept :( so sold at 909 and went to bed
851 after hours :O

I wonder if Monday people start to panic and take profits
 
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arknor said:
Nvidia dropped.

I was shorting it on t212 CFD but went to sleep at round 930$ and didn't have the balls to leave it going whilst I slept :( so sold at 909 and went to bed
851 after hours :O

I wonder if Monday people start to panic and take profits
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Serval board members sold millions of dollars worth of shares, all within a short period.. AMD has just announced a new “AI” cpu.
 
slinxy said:
Serval board members sold millions of dollars worth of shares, all within a short period.. AMD has just announced a new “AI” cpu.
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yea I know loads of insiders are selling but that doesn't mean they know something others don't.

if you were sitting on stock that suddenly shop up in value 500-1000% you likely would think, yup thats a massive amount of money that can change my life right now.

AI chips aren't really anything new, there's not a one item solution anyway.
different hardware has advantages and disadvantages depending on what your trying to accomplish with machine learning(ai :rolleyes:)


Also I mentioned on here before meta/amazon/msft/google etc are all making their own CPUs too. (some have been around a few years already)


You could argue Nvidia gpus are so hard to make, no one else can do it.
yea sure, but what about when you only have to optimise and write drivers for one game? same with cpus. its a hell of a lot easier when you only need to run your own stuff ;)

The massive companies seem to want to go bespoke and not get trapped in someone elses ecosystem.

The ones who can;t afford to do that will go off the shelf with nvdaamd/intc
 
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arknor said:
yea I know loads of insiders are selling but that doesn't mean they know something others don't.
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From the looks of it, a few are board members so they will definitely know stuff that the market doesn’t.. but it doesn’t mean that it’s bad news thou.

Some people just get spooked.. when they see that, especially from a board member as it could mean that the person is leave, a change in management, focus or direction. It may just mean that they want to buy a new house.

Most people who get issued company shares have blackout periods where they can’t trade those shares, no doubt there would have been one to stop board members from buying shares before they released the financial report, this may be the first chance that they had to sell some shares.

i need to work out if my blackout period just stops me from trading the companies I work for shares on the employees platform or all platforms..
 
anyone else using t212 get an email or am I special?

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The others are ETFs and there is almost as much cash in the account as there is invested.

NIO sucks, I think its down about 38% but everything else is good with no bag holding..


Oh wait maybe its because I was shorting NVDA in a CFD account yesterday , but I've done CFD before in the past and have a positive realised profits on it anyway.

Isn't the CFD account locked behind some competency test now ? I'm sure I had to do one sometime in the last year, but could be getting confused with coinbase.
 
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Nvidia dropped along with the wider market. I don't see it as really anything to worry about at this point, especially given it was a Friday.

The board members selling some shares isn't a huge issue, it was announced a long time ago as these things are, and priced in. Most likely is that they wanted to free up some cash given the high share price, as someone mentioned above.
 
people with company share plans..... do you hold for the long term or do you sell off at the first opportunistic position?

I guess it depends on the faith you have the company that you work for... but I tend to opt in every year for the share scheme and buy monthly with PAYE scheme. I don't plan to be with the company for decades and the fees are waivered at the moment but as soon as I leave there will be management fees.

I'm thinking of selling them as soon as the market gives a flavourable return and when they are income tax and NI free... this will help with the capital gains tax as well.
 
slinxy said:
people with company share plans..... do you hold for the long term or do you sell off at the first opportunistic position?

I guess it depends on the faith you have the company that you work for... but I tend to opt in every year for the share scheme and buy monthly with PAYE scheme. I don't plan to be with the company for decades and the fees are waivered at the moment but as soon as I leave there will be management fees.

I'm thinking of selling them as soon as the market gives a flavourable return and when they are income tax and NI free... this will help with the capital gains tax as well.
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Best to max out the contributions and then sell as soon as you can, to invest in a fund elsewhere. Obviously depends a lot on the company, but any run of the mill firm, probably not worth eggs-in-one-basket.
 
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