exactly, so you can never know when to buy or sell, only how long you need to positions
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
The markets try to predict what’s going to happen business wise, people selling once the **** hits the fan, it be too late.
TBH if I wasn’t close to my ISA limit for the year, I would buy another large chuck of the S&P 500 now… roll on April the 5th, and I’ll see what the price and trend is like, before buying.
The recent drops has basically wiped the last 3 months of my gains for the tax year, but I’m not sure how much of those gains were caused by the orange one in the first place.
Personally I'd rather stay out of a market whose weekly peaks and troughs have been replaced with hourly ones, all on the basis of what one guy says. Market feels a bit like crypto at the moment.
I sold everything a week before trump ... Very good short terms , Lol then got itchy and now I scratched so hard I'm bleeding to death
If I don't laugh I'll cry, every 100k krona milestone I lose I salute the commander and chief. Could be a new salute tonight....
Aye. It feels wasteful holding so much in cash but I think it was certainly the right move to cash in for at least the short term (please god let it be short term). Good on you!I sold everything a week before trump ... Very good short terms , Lol then got itchy and now I scratched so hard I'm bleeding to death
If I don't laugh I'll cry, every 100k krona milestone I lose I salute the commander and chief. Could be a new salute tonight....
I managed a similar move during the covid fiasco and maxed up, so I'm not all doom and gloom. Can't win them all!
Aye. I have several cash ISA pots for these types of events and sceneries. I recognise I'm fortunate to be in such a position but I'm sure there are a lot of folk potentially short-term panicking but ultimately cooler heads _eventually_ prevail.
for future research, how are you holding this two years worth of cash?
Money market fund and a cash isa. Only getting around 5% but I'll take it.
Question in regards capital gains tax on company share purchases… this is going to be long winded bear with me.. lol..
How is it worked out? I get double partnership shares…
So say I brought 1,000 shares at £1.00, in 3 years time I get an extra 1,000 shares… two years after that all 2,000 shares are tax and ni free.
When I sell the shares, say they 4x and trading at £4.00. If a sold all 2,000 shares I would get £8,000
£8,000 minus my original cost of £1,000
=£7,000 minus CGT allowance of £3,000
=£4,000
Does that mean I have to buy CGT on that £4,000?
Or are partnership shares valued at time of offer or time of reward?
Also how does dividend shares work, capital tax wise?
Say that I got £100 pounds per year in dividends which are converted into the market value of shares?
Are the cost of the shares added to my original cost therefore an average cost per share is used to work out my cost? Or are they calculated as pure gain? So I will be selling 2,500 shares at £4.00
£10,000 minus my original cost of £1,000
=£9,000 minus CGT allowance of £3,000
= £6,000 CGT amount.
Trying to work out the most tax efficient way I’m cashing out work shares.
How is it worked out? I get double partnership shares…
So say I brought 1,000 shares at £1.00, in 3 years time I get an extra 1,000 shares… two years after that all 2,000 shares are tax and ni free.
When I sell the shares, say they 4x and trading at £4.00. If a sold all 2,000 shares I would get £8,000
£8,000 minus my original cost of £1,000
=£7,000 minus CGT allowance of £3,000
=£4,000
Does that mean I have to buy CGT on that £4,000?
Or are partnership shares valued at time of offer or time of reward?
Also how does dividend shares work, capital tax wise?
Say that I got £100 pounds per year in dividends which are converted into the market value of shares?
Are the cost of the shares added to my original cost therefore an average cost per share is used to work out my cost? Or are they calculated as pure gain? So I will be selling 2,500 shares at £4.00
£10,000 minus my original cost of £1,000
=£9,000 minus CGT allowance of £3,000
= £6,000 CGT amount.
Trying to work out the most tax efficient way I’m cashing out work shares.