Trading the stockmarket (NO Referrals)

It dont mean diddly. Its just a directive from politics and a bit of a ping to confidence perhaps. Retaining dividend just mean the stock or company value retains that payout, its really of no difference in sum total. If anything not paying a dividend is the smarter choice almost always, I think warren buffet has discussed why + lots of articles etc.


Anyone asking what to read should google Robbie Burns Naked trader and read through what he wrote over the years. Used to be a journalist but found he had a bit of edge in trading, most of us dont have that edge we chase too much etc. but he does outline lots of terms and ideas.
https://www.nakedtrader.co.uk/agree.htm

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BRK nearly went back to 2016 prices and that'd still be double the price at the time of buying Burlington railway and the share split
 
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Psycho Sonny said:
£3K profit so far and I've only sold half the stuff I have.

so not £25
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They cost 25 quid roughly (or less) at Argos, i didn't say you hadn't sold your whole 90s gym collection.

Lord Sugar word be proud of you.. I understand you think you are a thoroughly decent person for doing this. Exploiting the booming markets and all.
 
What's the thinking on banks at the moment? I have some sharesave options in a UK bank which has an option price about 25% higher than the current market value. So I am thinking of cancelling and re-investing the money back into the same shares or into any other industry. Banks have taken a shareprice hit but with massive amounts of money being pumped into the system are they likely to go up again soon, or drop much further as economic outlook falls?
 
Efour said:
They cost 25 quid roughly (or less) at Argos, i didn't say you hadn't sold your whole 90s gym collection.

Lord Sugar word be proud of you.. I understand you think you are a thoroughly decent person for doing this. Exploiting the booming markets and all.
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Maybe for the crap you usually buy. Not proper commercial grade equipment.

My incline / decline bench plus attachments was circa £500 alone.

Powertec power rack plus attachments circa £1500 alone.

Treadmill - £2K

I'm only selling the dumbells and kettlebells - Keeping the rest.

Yet you are a decent person for exploiting the markets when people are losing their jobs? What is the difference. You can't have it both ways.

People need to stay fit and I'm helping them to do so at home.
 
why not sell that at 700% profit now?
I dont understand your lack of drive.... Sell it for only double, 100% easy profit.
 
Efour said:
why not sell that at 700% profit now?
I dont understand your lack of drive.... Sell it for only double, 100% easy profit.
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What will I use to workout with?

I've made enough money to build 2 summer houses in the back and I've still got half of them to sell.

After they go I'll have enough to buy that equipment back in the future at normal prices with mor money left over.

Hopefully we see a cheap flood of those items when people end up going back to the gym so I buy them back for 5-10% of what they are selling for currently.
 
Psycho Sonny said:
nope - fitness equipment.

gyms are all shut and people buying up anything including stuff they think they can use but really can't.

as an example - https://www.nintendo.co.uk/Games/Nintendo-Switch/Ring-Fit-Adventure-1638708.html

this game usually retails for around £50 or so. going for £200 on ebay.

dumbells that usually sell for like £20-£40 are selling for £200.

if you have any weights in your house sell them - i had someone travel over 2 hours yesterday to pick up a single kettlebell. and people on here said gumtree was dead/dying.
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This is absolutely nothing to do with investing. Tempted to ban you from this thread for such nonsense.
 
People would be using tins of paint and bottles of water before paying £200 for a pair of dumbbells!

Please don't ban him from the thread, we need the entertainment in these trying times.
 
Fusion said:
People would be using tins of paint and bottles of water before paying £200 for a pair of dumbbells!

Please don't ban him from the thread, we need the entertainment in these trying times.
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https://www.ebay.co.uk/itm/BodyMax-...789353?hash=item4da997f2a9:g:7qAAAOSwWapeeyVJ

https://www.ebay.co.uk/itm/BodyMax-...832273?hash=item3b44697491:g:CpIAAOSweZ9eehW2

these retail for £299 normally FYI

last post in the thread on this. it's funny i'm making $$$$$ right now for next to zero work.

happy to discuss elsewhere. maybe the official home gym thread i linked earlier?
 
Theophany said:
If you buy the market today, you're buying at a roughly 25% discount to the year-to-date peak.
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The caveat is that 25% discount is year on year continuous highs for the last 12 years, so while it may sound appealing it's not without great risk especially with pretty much every nation on the planet losing their GDP while increasing their debt, most businesses on pause for an indeterminate long period of time with potential to go bankrupt, potential for mass unemployment and people to reassess their spending habits and the US money machine pulling overtime with a $2Trillion stimulus package AND unlimited QE

To me it's the perfect storm for something of nuclear proportions

That's without even factoring in the UK has Brexit to deal with and Climate change is knocking on the door of every nation on this planet, I want to see a positive future but to me it looks very bleak (Granted as a species we will adapt and overcome great odds as we always have but the market isn't as adaptable or resilient as human spirit)
 
Minusorange said:
The caveat is that 25% discount is year on year continuous highs for the last 12 years, so while it may sound appealing it's not without great risk especially with pretty much every nation on the planet losing their GDP while increasing their debt, most businesses on pause for an indeterminate long period of time with potential to go bankrupt, potential for mass unemployment and people to reassess their spending habits and the US money machine pulling overtime with a $2Trillion stimulus package AND unlimited QE

To me it's the perfect storm for something of nuclear proportions

That's without even factoring in the UK has Brexit to deal with and Climate change is knocking on the door of every nation on this planet, I want to see a positive future but to me it looks very bleak (Granted as a species we will adapt and overcome great odds as we always have but the market isn't as adaptable or resilient as human spirit)
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Pretty much why I sold up before it hit the fan and haven't bought back in but decided to move it into gold.
 
Minusorange said:
The caveat is that 25% discount is year on year continuous highs for the last 12 years
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This is the conundrum. But if it's the only game in town it seems to be where the printed money inevitably ends up. I refused to believe that the 'early' recovery in 2009 was real, and kept waiting for a sanity pull-back to get in when valuations were honest again.

Still waiting. :-) I'm really not cut out for this lark, obviously, despite fond memories of making 100% on a silver ETF in 2009... then a big loss on a bigger position in Brent crude; my timing was all wrong, but I still kick myself for not putting everything on oil much earlier, when it was at (then) record lows and my gut instinct was that it couldn't last, no matter what happened next. Never mind. :-)

I remain fascinated by markets and their psychology; it's about as scientific as horoscope readings much of the time, but if enough people believe a stock's going up or down, it happens. The bottom line is that 'the market is always right' no matter what we think. All little guys can do is try to sit on the coat-tails of the algos and hitch a ride. This time does, indeed, feel different, but don't they all? I guess betting on things getting better is always the only real option, long term, because the alternative to inflating with printed money is fighting in the streets for loo roll. But I'd only ever put money into the markets that I could afford to lose completely.

I'm not in that position now, for sure, but FOMO is powerful... which is why most little guys lose money, whether that's buying shares, bitcoin, or tulip bulbs. The human brain is designed for chasing wildebeest, digging up tubers and looking over your shoulder for sabre-toothed cats. It's not designed for trying to work out what the heck billions of people are going to do tomorrow. Safest bet is always "they'll make more people" and people need feeding. But covid-19 might just be the first in a trend in nature fighting back, so maybe even population growth is coming to an end for a while?

Market analysis is like porn... the more you think about it, the harder it gets. I'm going to stop thinking about it and go disinfect my mail. Shares in whoever makes bleach seems like the closest thing to a safe bet at the moment... I don't think extra cleaning is going out of fashion any time soon.
 
Minusorange said:
The caveat is that 25% discount is year on year continuous highs for the last 12 years, so while it may sound appealing it's not without great risk especially with pretty much every nation on the planet losing their GDP while increasing their debt, most businesses on pause for an indeterminate long period of time with potential to go bankrupt, potential for mass unemployment and people to reassess their spending habits and the US money machine pulling overtime with a $2Trillion stimulus package AND unlimited QE

To me it's the perfect storm for something of nuclear proportions

That's without even factoring in the UK has Brexit to deal with and Climate change is knocking on the door of every nation on this planet, I want to see a positive future but to me it looks very bleak (Granted as a species we will adapt and overcome great odds as we always have but the market isn't as adaptable or resilient as human spirit)
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Investment markets are nothing more than a series of events that were called disastrous and believed to be insurmountable at the time. Unless we're looking at an extinction-grade event with COVID-19, I don't see how this is any different for an investor with an appropriately long time horizon to be investing in equity markets in the first place.

That isn't to diminish any of the very real issues you've raised which will have an impact on the timing and nature of the eventual market recovery, but those issues are more likely to affect the have-a-go traders who think they can time markets and pick stocks better than the rest of the market (narrator: they can't).
 
Just went to setup a few trade plans on Halifax. Looks like stopping money being added to account and stopping limit Orders
  • Transfers: we have temporarily paused all inward transfers of stock and cash, and transfers between accounts.
  • TradePlans: you can no longer set up new TradePlans. All existing TradePlans will stay active until they trigger or expire.
 
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