I popped this on my watch list when you first mentioned it. It's been popping hard last few days!
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
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I popped this on my watch list when you first mentioned it. It's been popping hard last few days!
This, more stability and growth.
I’m in it for the long term so keep 40-50% in Vanguard S&P and keep the rest in 2-3 other companies.
Soldato
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I like your allocation, what are the companies.
Currently i am in Amazon, Alphabet, Microsoft, VISA, Intel, Shell, Rio Tinto.
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Anyone have an idea why Rio tinto trades at 120 AUD on the Australian stock exchange, while trading 50GBP on the LSE.
Where 120 AUD = £62.50
Is because they have an Australian division and that they are floated on both exchange?
The company I work for is floated in both the UK and US markets due to a historic take over of US company.
Only Microsoft and Costco at the moment, both currently overvalued but strong enough growth and market size/appeal to weather or buy out any new gen competitive(particularly the former)
If something else good comes along at a decent price, I’ll buy some but this is passive for me, in it for the long term.
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only so much money out there people can spend.
AI is going to pay off massive and 10x every companies earnings.... which can only happen if people have 10x more to spend.
don't see anything but a possible bubble with a recession looming..
wheres all the money coming from? everyones not getting richer.
no way these companies have so much waste that AI can save every company loads of money stream lining things and if it does it's less jobs and less people to consume.
AI seems to only benefit shareholders and and billionaires by reducing the workforce
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Soldato
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and so the stock price would go up no?
and demand for companies products goes down as more people are pushed into minimum wage jobs?
Efficiency and margins will go up, growth could stall as more people are pushed into minimum wage jobs and can't afford nice things.
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It does feel like popular stocks are quite highly valued.
For my "single" stock picks I'm finding it harder than I have done in a while to bargain hunt myself.
They are out there, but nothing really springs to mind. And as a noob individual I can't really say. This has moved me to actually hold some cash now. For the first time in a while.
In some ways, I shudder to say it, the UK may even have safer bets at the moment vs the USA.
It'll only take one bad set of results from nvidia to cause a tech crash imo.
(ugh I said it)
For my "single" stock picks I'm finding it harder than I have done in a while to bargain hunt myself.
They are out there, but nothing really springs to mind. And as a noob individual I can't really say. This has moved me to actually hold some cash now. For the first time in a while.
In some ways, I shudder to say it, the UK may even have safer bets at the moment vs the USA.
It'll only take one bad set of results from nvidia to cause a tech crash imo.
(ugh I said it)
I think we could see a split in what we see as tech now and something else that is more AI driven. At some point the tech industry will decline as a portion of the market and another industry will increase.
I thought this video was interesting and talks about how the dominant industry in the market has changed over time.
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Yep, lots of tech trading at premiums with high PE/PB ratios. You’ve just got to stick with companies/brands that you know are growing and here for the long term. The market will wobble, when it does, buy in as the safe players will continue prospering.
Soldato
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Yes, but it doesn't matter. They have and will continue to recover from corrections. The stocks are in so many funds the demand won't go away.
Soldato
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Yea its listed in two but legally the shares are the same, i expect arbitrage trades to stop this from happening.
price differences for other dual listed shares are negligible
You need to do some calculations on valuation, for example. company A grows at 5% earnings per year, company B grows at 15%, Company A trades at a 10 P/E, what P/E would you pay for company B.
What you'll find is that, the P/E you'd pay on those assumptions starts to jump up quickly, and what seems expensive is actually cheap.
Big tech in particular is just too good.
I just buy into the US as part of a developed world tracker.
If you look at the S&P 500 a part from the seven, the rest of the market hasn’t really grown anymore than any other market.
the seven and tech in general is due a correction at some point, not sure how soon or if the prices will keep increasing until then.
I was talking to a colleague based in India in regards of tech stocks on Friday, and it seems that the air is going out of the India tech stocks at the moment.
Even thou tech should be the selector that I’m most familiar with and the company I work for is a whale of a consumer in the selector, I haven’t targeted it with my personal portfolio. The issue is that we can only deal with companies of a certain size which makes them a large cap company, well known already and over priced or well priced already.
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