Caporegime
Bring back 1.7% mortgages and cheap debt! Print some money!
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
Caporegime
I take solace in that my rate is 1.9..and the losses I would have from not remortgaging when I did (and hence being on 4-5pc) have just been lost on the stock market instead!
We had to remortgage back in December which was reasonably peak. We went from 1.9% for 5 years to 5.5% for 2 years. Very painful but thankfully we have been overpaying large chunks that entire time. We were thinking 2 years would see us down to 3.5% or so but its already been 8 months of the 2 years! Time flies eh.
Soldato
Please, if you do anything, just move most of your investments into a global index fund or smilar and just forget about it.Obviously I've seen this before but I've not b been so invested (lol). So the amounts hurt a tad more than before.
In hindsight (I know) it would have been better to have put everything into a cash isa. I'm down on the year.
All that time researching stocks. It's a waste of time. Would have been better to hold cash and wait for a crash. Then pile in. It's actually what I used to do when I only had a few K after buying the house. After covid first hit I bought all I could.
Obviously this is hindsight and overall it's better to keep investing.
But this has been a painful lesson in single stock investing. Especially tech. Which I'm guessing many many people are also in. Especially PIs.
You guys did say!
Can't believe aviva is probably one of my better shares this year.
Keep a small amount of 'play money' if you really have to.
If the pandemic taught us anything, it's to sit tight and weather the storm. I'm just going to ignore the news and have a look at my stocks in several weeks time. I was kind of expecting something like this ... had a meeting with my financial several weeks ago and he was more optimistic about the future ; I was more circumspect about volatility / geopolitical issues. Guess I was right ... again !
Soldato
I’ll be going in on rpi once the market settles.. nearly 10% down today, over 15% down for the week..
Soldato
US markets open. It’s going to be a rollercoaster today.
Associate
I bought some NVDA at the open, but have chickened out & just sold it all lol.
Soldato
Only thing I've done is buy £2K of John Wood 
Of my single companies, I don't hold anything too speculative - other than the above. Will just ignore the short term and carry on.
Of my single companies, I don't hold anything too speculative - other than the above. Will just ignore the short term and carry on.
Don
Yup, don’t try and catch a falling knife.
Caporegime
10.07% YTD. Pretty decent, what's everyone fretting about.
Associate
- Joined
- 3 Oct 2012
- Posts
- 404
Best time to buy equities.
Soldato
- Joined
- 25 Nov 2005
- Posts
- 12,615
Today is crazy, the VIX is up 180%!
People think it's related to Japan or potential recession in USA, why isn't anybody wondering whether it's a potential huge conflict in the middle east when Iran decides to attack Israel ?
Soldato
It’s probably a few things but it appears Japan was the match that triggered it on Friday. Apparently there was a lot of borrowing in Yen due to the very low interest rates that was then being used to buy stocks in other currencies like Nvidia. The surprise rise of interest rates by Japan then caused the currency to increase in value by 8% and wipe out gains and cause losses. This caused a panic with people selling and money transferring back to Yen which was increasing the value further making the situation worse.
Soldato
- Joined
- 24 Sep 2007
- Posts
- 5,180
Because it's the BoJ being forced to raise interest rates from below zero. This has destroyed the yen carry trade and has a major impact on liquidity.
Last edited:
Yes, the so called Yen carry trade but it shouldn’t come as a surprise when the BoJ increased interest rates. It’s been well forecast recently.
PLTR beat earnings and carries my portfolio once more, Wish I would have bought more but it didn't quite go under my cost average so I resisted
alantir Technologies Inc. (NYSELTR) reported strong financial results for Q2 2024, with revenue growing 27% year-over-year to $678 million*. Highlights include:*
- US commercial revenue up 55% YoY to $159 million
- US commercial customer count increased 83% YoY to 295
- Government revenue grew 23% YoY to $371 million
- GAAP net income of $134 million (20% margin)
- GAAP EPS grew 500% YoY to $0.06
- Adjusted free cash flow of $149 million (22% margin)
Palantir raised its full-year 2024 revenue guidance to $2.742 - $2.750 billion and US commercial revenue guidance to over $672 million (47% growth). The company expects continued GAAP operating income and net income in each quarter of 2024