Trading the stockmarket (NO Referrals)

Seems to be a lot of chatter around Intel.
Is this just people over expecting past performance = future prospects?

I don't personally see why Intel is a buy?
 
arknor said:
wow intc really went green.
I dumped about £1000 of palantir when it was 70-65 though thinking it would keep dropping :(

lol 40% of my portfolio is intel

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I could have averaged down on Intel, i bought in the 40s. Nevermind :D
 
unwashed potato! said:
can someone explain how taking gains works with regards to tax.

this is all non-isa accounts.

lets say for isntance over 5 years you've invested approx £5k everyone 6 months, so now a total of approx £60k put in. this is split over various different apps, between stocks and crpyto. in total all the accounts are worth roughly £200k, though some have actually lost money, e.g. one crpto account that has had about £20k put into it is worth now £9, but another is worth about £120k.

If i was to take £50k/£60k back now, would i have to
1) pay any tax?
2) declare it in some way?
3) would it make any difference it if came all from one account that say only had £5k initially put into it and now worth £60k? because that £5k has made a profit of £55k, however as i've put in the same amount over the years, am i considered even or in profit?
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www.gov.uk

Tax when you sell shares

Working out and paying Capital Gains Tax (CGT) if you sell shares, claiming tax relief
www.gov.uk www.gov.uk
www.gov.uk

Tax when you sell shares

Working out and paying Capital Gains Tax (CGT) if you sell shares, claiming tax relief
www.gov.uk www.gov.uk

When did you sell or give away the shares? - Calculate your Capital Gains Tax - GOV.UK

www.tax.service.gov.uk www.tax.service.gov.uk
 
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~Mike~ said:
I see Freetrade has been sold to IG Group this week.

The crowd funding investors aren't happy has some have lost a lot of money. One person invested £30k in 2021 and is going to receive just £3.8K for their shares. :eek:
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'Capital at risk'

Obviously not read all the details but nothing is guaranteed..
 
It's quite a ride - my stocks & shares ISA swung from £700 in profit to £200 in the red, and back up to £300 in the green again. Mostly US stocks so when the value of the pound dropped it had quite the impact.
 
The Vanguard all. World and snp etfs are riding well.

Considering pulling out of some stocks and moving more to these. It's getting tricky to work out what's overpriced now. I feel a lot is.

Notable pick up in UK stocks. Not sure if that's premature on the ropey data out on inflation. The data looks worse to my noob eyes than journalism this week.
 
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unwashed potato! said:
can someone explain how taking gains works with regards to tax.
Click to expand...

I'm no accountant, but:
Personal investments are usually dealt with by Capital Gains Tax rules (rather than income tax, which might apply if investments were being made by your business):
1) There will be tax owed if your profits are above your CGT allowance.
2) If you are selling investments for profit, then you have to declare them on a personal tax return. If you are selling them for a loss, then you can declare the loss on a tax return to set against future gains.
3) It doesn't make any difference what accounts investments are in. You have to calculate the profit/loss from all the various investment types you make, according to HMRC rules. In order to claim a loss, either in the current year or future years, the loss has to be declared on a tax return.

www.gov.uk

Capital Gains Tax: what you pay it on, rates and allowances

What Capital Gains Tax (CGT) is, how to work it out, current CGT rates and how to pay.
www.gov.uk www.gov.uk

The rules are quite complicated, in which case you may wish to seek professional advice.

Rgds
 
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413x said:
The Vanguard all. World and snp etfs are riding well.
Considering pulling out of some stocks and moving more to these. It's getting tricky to work out what's overpriced now. I feel a lot is.
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I'm in cash atm transferring platforms and changing funds. Would be nice to buy at a better price than I sold when the transfer eventually completes (my god these things are unnecessarily slow).
I read this recent memo: https://www.oaktreecapital.com/insights/memo/on-bubble-watch
I already thought Mag7/S&P500 was insanely overpriced, tempted to let my cash sit and wait for a good time to buy.
Ofc I know the time in the market vs timing the market thing, but I don't agree with that this time. Prices are ridic high and risks are high too.
I wonder if there's something better to do than cash while I wait, suggestions welcome.
 
Sorry if im in the wrong place but, i understand that i cant buy Crypto EFTs, other than buying actual crypto is there any other way to invest in crypto?
 
radderfire said:
I'm no accountant, but:
Personal investments are usually dealt with by Capital Gains Tax rules (rather than income tax, which would apply if investments were being made by a business):
1) There will be tax owed if your profits are above your CGT allowance.
2) If you are selling investments for profit, then you have to declare them on a personal tax return. If you are selling them for a loss, then you can declare the loss on a tax return to set against future gains.
3) If doesn't make any difference what accounts investments are in. You have to calculate the profit/loss from all the various investment types you make, according to HMRC rules. In order to claim a loss, either in the current year or future years, the loss has to be declared on a tax return.
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ok thanks. it seems complicated in that, say i sell stock worth £60k at £55k profit, i need to pay tax on this, but i immediately reinvest to another company to leave it there for a few years. now i don't have any cash spare to pay the tax
 
unwashed potato! said:
ok thanks. it seems complicated in that, say i sell stock worth £60k at £55k profit, i need to pay tax on this, but i immediately reinvest to another company to leave it there for a few years. now i don't have any cash spare to pay the tax
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Its hardly complicated, if your gain is £55k you can calculate the tax down to the penny.. just keep enough back to pay the tax..
 
Chabsy said:
Sorry if im in the wrong place but, i understand that i cant buy Crypto EFTs, other than buying actual crypto is there any other way to invest in crypto?
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there a few companies that are cypto owners, you can invest in those companys and as the price of cypto raises and falls (and falls lol), the theory is that the value of the company will match the gaines and losses.. But I can't recall what those companies are called.. I really don't have any intreast in cypto, there is a cypto mining thread, maybe someone on there can help you.
 
unwashed potato! said:
ok thanks. it seems complicated in that, say i sell stock worth £60k at £55k profit, i need to pay tax on this, but i immediately reinvest to another company to leave it there for a few years. now i don't have any cash spare to pay the tax
Click to expand...

Once you've sold for a big profit (above CGT allowance) then you've triggered a large tax liability. In my opinion it would be more sensible to set aside the liability in cash and invest what you've got left. If you invest it all, you are taking quite a big risk, as effectively some of the money isn't yours and you have a liability to pay.
 
Chabsy said:
Sorry if im in the wrong place but, i understand that i cant buy Crypto EFTs, other than buying actual crypto is there any other way to invest in crypto?
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You could buy shares in Microstrategy (US company, CEO Michael Saylor), as Saylor is accumulating Bitcoin using corporate debt, so the company is effectively a play on Bitcoin.

There are also various Bitcoin mining companies, I think Marathon might be listed in US, but these are more risky IMO.
 
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unwashed potato! said:
ok thanks. it seems complicated in that, say i sell stock worth £60k at £55k profit, i need to pay tax on this, but i immediately reinvest to another company to leave it there for a few years. now i don't have any cash spare to pay the tax
Click to expand...
if you didn't have any cash spare, they will just fine you and make you pay more.. if you continue to refuse to pay, they will just take legal action against you and you may end up as a guest of Charlie, with a court order to pay the tax with the fines and the cost of the legal case against you. It's really that simple.
 
413x said:
Seems to be a lot of chatter around Intel.
Is this just people over expecting past performance = future prospects?

I don't personally see why Intel is a buy?
Click to expand...

Others have different explanation but for me, go and look at AMD before Ryzen, then look after Ryzen.

I remember when AMD was competitive with intel previous to that, so we have two options in the future.

Either intel will be competitive once again, or they will collapse.

Why did AMD rise in that time period, TSMC bought new machines from ASML and intel were stuck on older nodes (because management decisions)

Now read about new High-NA machines from ASML in which Intel has bought entire 2024 production (i think).

So with new machines on the cutting edge, i mean how much is it chip design and how much is it lower NM?

I bought it like 1 year after PAT is CEO, so will be 3 years for me in 1-2 months, my timing is terrible, but anyway i bought in with a small position and averaged it a bit.

My position size is sort of small for my portfolio, there is decent room to increase it without going over my intitial idea of how much % wise.

For me Intel 14A is the point at which we should have a total resolution, if its still poor performance at that point, then GG.
 
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