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Trading the stockmarket (NO Referrals)

Discussion in 'General Discussion' started by mcast123, Apr 2, 2009.

  1. Russinating

    Capodecina

    Joined: Dec 27, 2005

    Posts: 15,866

    Location: Bristol

    Anyone interested in Tesla? I invested in-line with my car order (I've learnt from hindsight that I should follow some of my purchasing habits with investments, or lack thereof if talking about shorting). All my investments are long term but happy to see it's up 30% in less than a week! Target price is still much higher than current (varies per broker).
     
  2. Pho

    Sgarrista

    Joined: Oct 18, 2002

    Posts: 9,046

    Location: Derbyshire

    I could do with moving some old ISA's around. I set-up a Vanguard 100% Lifestrategy a few weeks back which is now down about -5% right now presumably thanks to Brexit/Coronavirus :o.

    For those of you who know way more about this kind of thing than me, what's the gut feel - wait to see if it goes down more before I move them, or is now the best time to take advantage of it?
     
  3. Lartyconshayo

    Mobster

    Joined: Dec 5, 2010

    Posts: 2,657

    Location: deep space nine

    No one can "know" for sure. But time in the market is better than timing the market. Might be worth switching to FTSE global all cap accumulation instead of LS100 due to being more balanced weighting. I switched my 2018 ISA from LS100 to FTSE global all cap earlier this week so now I'm all in on that.
     
  4. Pho

    Sgarrista

    Joined: Oct 18, 2002

    Posts: 9,046

    Location: Derbyshire

    Yeah I gather it's a bit of a gamble either way. I might split it between the two then as I couldn't decide which to go for initially between these two anyway. I assume from what I've read they probably largely mimic each other so I'm probably not diversifying too much just the all cap has far less UK weighting.

    Do you know if I'm able to transfer an ISA into Vanguard as cash, then allocate to the fund I want when I see fit, or does the transfer process mean it has to go straight into a fund? It's from a cash ISA for the record.
     
  5. Lartyconshayo

    Mobster

    Joined: Dec 5, 2010

    Posts: 2,657

    Location: deep space nine

    It will transfer as cash then you allocate once it's in Vanguard as far as I understand it.
     
  6. Skillmister

    Capodecina

    Joined: Oct 3, 2009

    Posts: 19,601

    Location: Wales

    I was late to the party for sure but took a punt a while ago on the basis I'd keep it long term whatever happens as I'm interested in the company and tech but being up 50% sure is tempting to cash out :o
     
  7. booyaka

    Capodecina

    Joined: Jan 19, 2006

    Posts: 13,046

  8. macuser

    Hitman

    Joined: Feb 3, 2004

    Posts: 632

    There's something not quite right with the Tesla surge of recent. Scary stuff.
     
  9. Name

    Mobster

    Joined: Oct 8, 2009

    Posts: 2,742

    Location: United Kingdom

    The retracement on Tesla is going to be something to behold.
     
  10. TangoEchoAlpha

    Hitman

    Joined: Jun 13, 2016

    Posts: 825

    Location: UK

    I've just got started with Trading 212 - bought a small amount of shares in AMD, purely for a bit of fun. I am talking about the cost of a decent meal/night out kind of money, so not big bucks. I understand that they are unlikely to ever pay dividends whilst in debt, it wasn't for a 'serious investment'.

    But on the subject of dividends, how do they work for a platform such as Trading 212? How does the company know to pay the dividend to me, and then to Trading 212?

    As an aside, looking at BP at the moment. Their shares have been on a general downward trend since the start of the year; any thoughts as to why?
     
  11. uncle_rufus

    Mobster

    Joined: Mar 14, 2011

    Posts: 4,248

    Help a noob out... once I've chosen an online broker, presumably if I have allowance left an ISA is probably the best initial account to open? Have been reading up on the differences and that feels like what I'm leaning towards? Want to be able to pick a few different funds + maybe some light individual trading; my reading is that once I have cash in an ISA I can choose where it gets distributed
     
  12. Russinating

    Capodecina

    Joined: Dec 27, 2005

    Posts: 15,866

    Location: Bristol

    Informative, well explained stuff guys!
     
  13. dowie

    Caporegime

    Joined: Jan 29, 2008

    Posts: 47,100

    Wait till you see some forums where people believe in magical numbers [something something Fibonacci] or draw coloured lines on charts as part of some handwaving explanation (complete with plenty of mumbo jumbo) re: where the price is going to be in future.
     
  14. macuser

    Hitman

    Joined: Feb 3, 2004

    Posts: 632

    Sorry, I'm just letting you know my random thoughts. If you want anything more informative than that speak to a financial advisor.
     
  15. Russinating

    Capodecina

    Joined: Dec 27, 2005

    Posts: 15,866

    Location: Bristol

    Been there, done that, all 10-15 years ago when I cut my teeth on penny stocks and "but this new new mine really is going to strike gold!". Fortunately I didn't have much money to lose back then.

    Tesla's the only individual share I'm actually invested in, rest are funds and index trackers. Don't have the time or inclination to second-guess the market. Only invested early Jan because as I said I've learnt I should follow some of my consumer habits with investments if possible. If you ignore the future then yeah of course Tesla is overpriced, but that's what all investments are based on right. One analyst has even given them a price target of $7,000 by 2024. Who knows, all I know is I've purchased one out of nowhere and I can see the ripples of that with a lot of people's ears pricking up to EVs, even if you totally ignore the climate emergency* and air pollution in cities.

    They're the only solid contender at present based on price, brand and availability and if car manufaturers' brands weren't so strong I could easily see them becoming synonymous with EVs (hoovers, jacuzzi, iPad to some extent etc).

    * I'm not here to debate the impact of EVs on the environment, cobalt this cobalt that etc, but you can't deny the growing consumer demand for - on the face of it - greener alternatives. I mean KFC released a vegan burger ffs.
     
  16. dowie

    Caporegime

    Joined: Jan 29, 2008

    Posts: 47,100

    Doubt they'd generally be much help re: predicting future price movements.

    If you need some pension advice or general advice on investments with regards to regulations, how to structure things etc.. then sure, speak to an IFA.
     
  17. macuser

    Hitman

    Joined: Feb 3, 2004

    Posts: 632

    There you go, what do I know :)
     
  18. booyaka

    Capodecina

    Joined: Jan 19, 2006

    Posts: 13,046

    $TSLA hits $900


    $300 to $400: 976 days

    $400 to $500: 25 days

    $500 to $600: 18 days

    $600 to $700: 4 days

    $700 to $800: 1 day

    $800 to $900: 4 hours
     
  19. peterwalkley

    Mobster

    Joined: Feb 23, 2009

    Posts: 3,515

    Location: South Wirral

    I guess the question is when do you short TSLA ... that's a classic bubble.
     
  20. Skillmister

    Capodecina

    Joined: Oct 3, 2009

    Posts: 19,601

    Location: Wales

    Mental. I'm ready for the downwards roller-coaster :p

    Trading 212 can't connect this afternoon