Stockmarket And Investing Thread

Discussion in 'General Chat' started by Arterial Dan, Jan 21, 2021.

  1. Arterial Dan

    Arterial Dan Administrator Staff Member

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    I think Tesla will become more volatile in the short term, but long term it looks like it's a good investment.

    I was going to put a wedge into Tesla when it was on it's knees - I held off because Jim Chanos was shorting the fuck out of them.

    I think it's gone up 300% since then - fuck sakes, lol
     
    #16
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  2. mick_the_brick

    mick_the_brick Administrator

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    Whats your advice if someone had say 30k to invest?
     
    #17
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  3. Arterial Dan

    Arterial Dan Administrator Staff Member

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    I'd probably sit on it at the moment.

    Property seems to be a dead end at the moment, because the Tories changed the rules, so everyone seems to be trying to offload their BTLs.
    And there is a concern that the Property market will crash over the next few years - although the BoE seem determined to prevent it.

    If you wanted to actively invest, I'd do it slowly and cautiously - look at dollar cost averaging mate.

    Set up a stock and shares ISA - you have an annual £20k limit and no Capital Gains Tax to pay on that.
    FTSE seems to be dead, so I would look at US stocks.

    In terms of a winner - I can't even guess at the moment, because everything promising seems overinvested.
     
    #18
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  4. mick_the_brick

    mick_the_brick Administrator

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    Thanks mate really appreciate the detailed reply.

    Ill leave it sitting for now
     
    #19
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  5. Dirty Harry

    Dirty Harry Moderator Staff Member

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    What's a BTL mate ? and I know it's not a Bacon, Tomato and Lettuce ;-)

    I only ask as house prices round here seem to have shot up, I paid £102,000 about 16 months ago and comparing it to others around now and after the work I've done, it seems to have increased by about £40,000.

    EDIT **** Buy To Let, fuckin moron ;-).
     
    Last edited: Jan 23, 2021
    #20
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  6. AlriteGeezer

    AlriteGeezer Elite Member

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    Yes i think you're right there about it bring volitile short to medium term... But long term i think it still has potential...
     
    #21
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  7. Dirty Harry

    Dirty Harry Moderator Staff Member

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    I'm no whizz at this shit mate but given the proposed moves for all electric in the future (or a vast majority), common sense says it's only going to be positive.
     
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  8. danny187

    danny187 Elite Member

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    No broking here really, but we got our daughter (6) a Hargreaves and Lansdown Stocks ISA is now at 19.54% gain, was at 42% gain with some playing, but March it went -14% lmao, but gaining well again.

    Myself been doing MoneyBox app stocks and shares isa for round ups (2 accounts), £5 per week and odd months where double round ups, currently I have it at 9.44% interest on highest risk category

    Have Blockchain account, but not done much with it bar, put funds in when low, pay for something when higher, equals free whatever, not for investment purposes etc.

    Then I have money is zero risk, zero gain premium bonds, as I find it easiest currently to save x amount per month into it, but knowing can get it easy if needed and easily adjustment if not as flush to save x amount that month etc.


    I was thinking of say having a play on stocks with small amount but didn't know where to start really without any in depth reading.
     
    Last edited: Jan 24, 2021
    #23
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  9. Arterial Dan

    Arterial Dan Administrator Staff Member

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    £102,000... fuckin sweet mate
    I bought in Berkshire 2 years ago for £435,000 and that was a bit of a bargain at the time.

    If this all goes to shit, I'm selling up here and moving up near you.

    I don't know how much prices have gone up in reality - it's hard to tell, but if you've done improvements yourself, 40k sounds believable - another wave trying to get out of London, especially with Covid and remote working, so it's pushing prices around the country.
     
    #24
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  10. Arterial Dan

    Arterial Dan Administrator Staff Member

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    Definitely mate, just keep an eye on it - you might want to cash out half at some stage if it looks like a bubble is gonna burst.
     
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  11. Clubber Lang

    Clubber Lang Elite Member

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    yeah its due to all the big oil companies are on the FTSE, and as everyones locked down, theres no demand for oil for fuel, including air travel etc.
     
    #26
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  12. Arterial Dan

    Arterial Dan Administrator Staff Member

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    It will pick up again mate, even if there are wobbles in between, just sit on it for a while.

    Who are the bonds with mate?

    [/quote]

    There's a shit ton of bluffing in the investment game.
    All sorts of gurus claiming any kind of feat - in reality, it's a bit of reading, a bit of luck and a whole lot of trending.
    Try to pick a company that will grow over time, Invest money when the market is trending down, cash out when it's on an up.

    That's about it, but this channel is pretty good, a lot of interesting and accessible content without too much verbose lingo:
    https://www.youtube.com/channel/UCAeAB8ABXGoGMbXuYPmiu2A
     
    #27
  13. Arterial Dan

    Arterial Dan Administrator Staff Member

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    They've no real growth companies listed anyway - the Americans keep buying them up!
     
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  14. danny187

    danny187 Elite Member

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    Just the NSANDI premium bonds, where you can "win" monthly, it's really poor in reality if not got loads in there, but so if is normal savings at mo

    So I use it as I find it easier to build up little savings in there and ease of access to, then few little bits pottered around like post above etc.

    Good old pump and dump method then lol
     
    #29
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  15. The Red Meat Kid

    The Red Meat Kid Elite Member

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    I pay a guy 18€ a month for crypto advice. In a few hundred up from mid Dec
     
    #30
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