Soldato
- Joined
- 13 Jul 2004
- Posts
- 20,341
- Location
- Stanley Hotel, Colorado
PCT is the one I mentioned previously, it is amazing. It launched at 100p now £39.88 Iam interested if people think its a sell. My general take over the long term vs holding cash no not really and its tempting to sell now but portfolio balance is a personal question. 200% in five years is not normal but its definitely possible without forcing the idea it must be a bubble or fake in some way.
This fund is classed high risk and speculative I guess, its purely a tech fund. I guess all of us here have a bias to think tech is not a bad sector but in theory it is high risk, R&D costs can be gigantic and missteps can be made. Look at INTC for a strangely cheap stock previously and probably it isnt cheap now but is it a total sell I'm not sure, $70 some project it to
https://www.hl.co.uk/funds/fund-dis...l-global-technology-class-i-gbp-income/charts
Apple is definitely high risk but also a giant margin on everything they sell afaik. When I talk to people who use Apple they rely on it uniquely and its not a replaceable or interchangeable brand, it has that loyalty factor so its hard to say they will decline.
Facebook declined on IPO quite sharply, it appeared to not have a proper source of cash flow but I guess it came back to advertising and it was opaque. Google IPO I remember, I never thought it was cheap but its undeniable they keep creating useful products.
None of this is unprecedented, I cant find the old FT.com stock calculator. Maybe someone who has a subscription can find it but the old stats were, 18k in MSFT 1990 was 1 million a decade later. Some of that was the tech boom, but weak or easy money phenomena is ongoing and helps tech a lot I think.
CSCO $1k > $1m the same decade or 99.5% PA but 8% a year is good, its doubled money in ten years.
In my memory the Federal Reserve had rates at 15% and similarly BOE was in that realm. Hard times, harsh monetary policy but required.
We got a very strange situation here where the FED is desperately trying to ease monetary policy, with good reason because if they lose control it would be the biggest fallout in a lifetime and worse then Volcker's regime or previous nasty economic pull backs.
That isnt stock talk, its macro economics I just think its relevant I have to mention it in contrast VS 'if its too good to be true'. Since its not been done before nobody can know exactly what will happen but the magic tricks played by central banks are quite dangerous seems like.
Market cap 1bn sub $1 quote and USA is driven by absolute price. ie. penny stocks are banned territory for some funds and yet its a giant company. EGO had this similarly year start and its been amazing since, they own the largest gold mine in Europe
This fund is classed high risk and speculative I guess, its purely a tech fund. I guess all of us here have a bias to think tech is not a bad sector but in theory it is high risk, R&D costs can be gigantic and missteps can be made. Look at INTC for a strangely cheap stock previously and probably it isnt cheap now but is it a total sell I'm not sure, $70 some project it to
Apple is definitely high risk but also a giant margin on everything they sell afaik. When I talk to people who use Apple they rely on it uniquely and its not a replaceable or interchangeable brand, it has that loyalty factor so its hard to say they will decline.
Facebook declined on IPO quite sharply, it appeared to not have a proper source of cash flow but I guess it came back to advertising and it was opaque. Google IPO I remember, I never thought it was cheap but its undeniable they keep creating useful products.
None of this is unprecedented, I cant find the old FT.com stock calculator. Maybe someone who has a subscription can find it but the old stats were, 18k in MSFT 1990 was 1 million a decade later. Some of that was the tech boom, but weak or easy money phenomena is ongoing and helps tech a lot I think.
CSCO $1k > $1m the same decade or 99.5% PA but 8% a year is good, its doubled money in ten years.
In my memory the Federal Reserve had rates at 15% and similarly BOE was in that realm. Hard times, harsh monetary policy but required.
We got a very strange situation here where the FED is desperately trying to ease monetary policy, with good reason because if they lose control it would be the biggest fallout in a lifetime and worse then Volcker's regime or previous nasty economic pull backs.
That isnt stock talk, its macro economics I just think its relevant I have to mention it in contrast VS 'if its too good to be true'. Since its not been done before nobody can know exactly what will happen but the magic tricks played by central banks are quite dangerous seems like.
CHK fell another 30 % the day after, maybe the trouble of drawing such an awkward stock is part of what helps them avoid them or discourage 'bargain hunting' .
Market cap 1bn sub $1 quote and USA is driven by absolute price. ie. penny stocks are banned territory for some funds and yet its a giant company. EGO had this similarly year start and its been amazing since, they own the largest gold mine in Europe
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