Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
Soldato
yub, just came on to say that.. I turned it down at $48 too as I wasn't sure how they would fair against RISC V chips.
Can basically throw money at anything USA tech AI/hardware right now and you'll probably be OK.
I've switched to vanguard 50 percent and individual stocks 50 percent in my isa now.
And more, I've given up on UK tat. Since moving to US stocks its night and day.
SMCI for me.
Its quite the bull run. Does very much feel like a bubble.
Time are trying to keep the Palantir rally going it seems
time.com
Up 50% since earnings 2 days ago now
not sure I'd wanna buy in at this price but I rounded my shares up to a nice even number, I'll add more if it drips.
Cramer is saying it's a buy though so a bad omen
How Tech Giants Turned Ukraine Into an AI War Lab
AI tools provided by companies like Palantir raise questions about when and how invasive tech should be used in wartime
Up 50% since earnings 2 days ago now
not sure I'd wanna buy in at this price but I rounded my shares up to a nice even number, I'll add more if it drips.
Cramer is saying it's a buy though so a bad omen
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I don't hold much crypto about 3% of my ISA. I find the Coinbase app absolutely awful for tracking returns and had looked for other platforms but came across Coinstats which links directly and will show your portfolio much more clearly and absolute return / average price etc.
I have no affinity to Coinbase and which a few £k I'd happily switch platforms if anyone can recommend something suitable.
I have no affinity to Coinbase and which a few £k I'd happily switch platforms if anyone can recommend something suitable.
Soldato
I think you may be better off asking in the bitcoin thread.
I don’t think many people posting here have much experience investing in cyptro.
Soldato
S & P has been on the up elevator for a good while now, it'll obviously (he says...) drop again but it's nice seeing all that green.
Soldato
UK is a waste of time, I spent far too long watching my funds do basically nothing. That's what annoys me about Lifestrategy funds, far too much home bias. UK makes up around 4% of the world market apparently, so it's mad to have any more than that in a portfolio IMO.
Soldato
- Joined
- 13 Sep 2005
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- 4,301
Glad I also ditched lifestrat for a global fund.
You have to remember most versions of LS also include bonds, the LS 100 version compares pretty well with a global tracker without the UK bias. A simple S&P 500 tracker is well ahead of them all over the 5 and 10 yr timescales because of a greater weighting towards the big 7 US companies that have generated most of the outperformance.
Soldato
Whilst I agree in principle, I fear the time to do it was 10-20 years ago rather than now. As per my pension thread, I'm concerned over the mix of global Vs UK stocks (I still have 17% UK stocks in my portfolio) but if I change it now then that means I'm trying to time the market and could be buying in at the top. Catch 22.
Soldato
Coinbase is probably the safest exchange out there. Binance 2nd and seems to regularly prevent withdrawals. Look what happened to FTX. If you're regularly trading then coinbase fees are high, but it's safest I would say for storage. If it's long term storage then you should really bring the funds out to your own wallet.
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Soldato
It's gone up a lot recently, but will no doubt drop, and as much as I hate to try and time the market, that's probably th time to change.
Luckily I've been invested for 40 years with pensions, but only in 2020/21 did I take control of it all. And even when it drops, it will go up again, and I'd rather be US or global than heavily in the UK. LS100 seems to make about half of the S & P, and considering it costs 0.22% compared to 0.07% it's a no brainer for me.
Soldato
Following on from this, stock transfers are starting 15th February 2024
Portfolio transfers
⏳ Gradual rollout in progress We're gradually rolling out from 15.02 to an increasing number of users. Expected date of full rollout: 26 April 2024. Follow the progress ⭐ User rollout Currently, ...
Soldato
I use Binance for all mine. I dont have a lot these days, maybe like 5k? I do invest each day though on an auto buy strat which does $5 a day into that.
Absolutely dire.
Its actually insane how little time I've been moving to usa individuals and S&P tracker.
Even in months it's outperforming my uk fund.
I'm going to look at seeing where I can move my pension when I come back from holiday.
Soldato
Depends how if works. If you get a UK ISA allowance on top of your existing ISA allowances, then those people who have filled up existing allowances will probably use it to gain extra allowance.