Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
Interesting, the 1 year graph looks like a ski slope.
The drop in Hargreaves Lansdown's share price, and their subsequent transparent attempt to rubbish their plans, following the announcement that Vanguard are going to start selling direct in the UK tells you all you need to know.
Soldato
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- 13 Jul 2004
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- 20,341
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- Stanley Hotel, Colorado
Telegraph says buy HL anyway. I think buy HL a long time ago would be smart not sure now, it was a trend that could have been guessed on maybe. Or at least once already successful, realising this company will keep on being successful. Knowing that part, buying into strength I have read and I believe that is the most reliable way to make money in stocks not bottom fishing for turn around bargain stocks which is hella risky.
ACA did find a floor there. Not sure going forward, need to read more but I'd hope the situation can develop not entirely negatively and of course I have bias to gold appreciating (vs sterling, vs dollar etc, vs Oil even etc) which in itself may or may not be correct.
SXX Sirius is back up and really in not too much time after the rights. 34 looks a fair target near term. I'm not sure on their progress otherwise
I'm thinking GOG looks good and possibly a decent defensive type stock with market values so high, its a kind of utility? Also good yield and coverage
yahoo, strange how that works - https://www.nytimes.com/2017/06/03/...n-region®ion=top-news&WT.nav=top-news&_r=0
Yea I just pulled it from google because it showed a graph in the video. Guru is over stating, just an opinion and thats just useful contrast I think compared to me not looking at all
ACA did find a floor there. Not sure going forward, need to read more but I'd hope the situation can develop not entirely negatively and of course I have bias to gold appreciating (vs sterling, vs dollar etc, vs Oil even etc) which in itself may or may not be correct.
SXX Sirius is back up and really in not too much time after the rights. 34 looks a fair target near term. I'm not sure on their progress otherwise
I'm thinking GOG looks good and possibly a decent defensive type stock with market values so high, its a kind of utility? Also good yield and coverage
yahoo, strange how that works - https://www.nytimes.com/2017/06/03/...n-region®ion=top-news&WT.nav=top-news&_r=0
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- Joined
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- 3,783
Nothing worse than month end port recalcs . Think I'm ready for 2 days sleeping.
Interesting moves in emerging debt....
Interesting moves in emerging debt....
Soldato
- Joined
- 13 Jul 2004
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- 20,341
- Location
- Stanley Hotel, Colorado
You havent made any profit till its sold is a good rule. US brokers, depends on your size I guess. I love the offer I saw for 1 cent per share, it was an advert directed to US citizens and Im unclear if they would handle uk. Check forex fees
Been buying and trying to sell SXX at right times for a while
I had a sell order in the 34 area but it didnt spike up and fall like I thought (hitting a ceiling) and its been regular in confirming prices here, so my guess is for further gains possibly. I closed the order, we'll see
PMO and lots of other oils showing interest as Qatar a major seller to UK for gas is possibly restricted in its sales while its neighbours dispute the governments actions. Ive no idea how that resolves but PFC or PMO could be a reasonable to be looking at medium term, they both have their own issues in a major way making them far cheaper then normal. I dont think PFC is a sell personally not here, I had hoped for a panic rush down to 300 and then an obvious bounce but it may be far more boring and sideways in repair while its troubles are sorted, which leaves time to consider the case to buy.
http://i.imgur.com/YRziUlv.jpg
Been buying and trying to sell SXX at right times for a while
I had a sell order in the 34 area but it didnt spike up and fall like I thought (hitting a ceiling) and its been regular in confirming prices here, so my guess is for further gains possibly. I closed the order, we'll see
PMO and lots of other oils showing interest as Qatar a major seller to UK for gas is possibly restricted in its sales while its neighbours dispute the governments actions. Ive no idea how that resolves but PFC or PMO could be a reasonable to be looking at medium term, they both have their own issues in a major way making them far cheaper then normal. I dont think PFC is a sell personally not here, I had hoped for a panic rush down to 300 and then an obvious bounce but it may be far more boring and sideways in repair while its troubles are sorted, which leaves time to consider the case to buy.
http://i.imgur.com/YRziUlv.jpg
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Finding it difficult to locate someone who will allow me to buy shares on the US stock market. Anyone here any experience with US Stock market at all? Been reading the need for a form, and tax to pay in the US?? That right?
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pretty much anyone and the form takes about 30 seconds to fill in then however long it takes to post it back and them to sort it out. you pay reduced tax by filling in the form.
http://www.hl.co.uk/shares/buying-us-listed-shares
Is this reduced tax on dividends? I thought I would pay tax in the UK only? Or would it be US and UK taxed?
I'm not entirely clued up haven't purchased any yet, although have signed the form.
http://www.investopedia.com/ask/answers/06/nonusresidenttax.asp
i believe the wban form reduces the dividends tax from 30% to 15%
I use Interactive Brokers for my day trading of US stocks. You can complete the required form via their website and as I day trade I don't have to worry about dividend's tax and only pay UK tax on my profits.
Soldato
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Don't you pay 30% WT on dividends by default, 15% if you complete the W8BEN and no tax on capital gains (in the US at least)
I'm based in Malaysia so have to buy Ireland doniciled ETFs to reduce that 30% down to 15%
You may do with dividends but as I said I day trade so don't have long term investments, so dividends don't come into it for me. Annoyingly though I get charged Income Tax rather than Capital Gains Tax as it is my 'income' which is understandable (doesn't stop it being annoying though
).You may do with dividends but as I said I day trade so don't have long term investments, so dividends don't come into it for me. Annoyingly though I get charged Income Tax rather than Capital Gains Tax as it is my 'income' which is understandable (doesn't stop it being annoying though
Just out of interest, what platform do you trade on?
That isn't buying stocks though is it? (IB)? Isn't that using leverage etc? Or am I mistaken?