Savings and Investments thread

golfaddick said:

bobmunro said:

hoof_it_up_to_benty said:

Bangkokaddick said:

I have around a quarter of my current portfolio in tech (ETFs). I think I'll hold as it is an ever evolving industry and although we might see the likes of Amazon, Zoom and Netflix dropping there must be plenty of stocks to take advantage of some sort of normality. That's my theory. 

Cue tech plummet!!!

If you want to lose money then come to me for advice. Have been playing the AIM market in recent months and generally called it wrong - big profits and losses to be made. The level of share price manipulation is impressive.

I've only put in a small amount and I think you'd have to have balls of steel to put in big money. 

I have been approached by a broker advising investment in a new company. All looks pukka to me and the returns look very attractive. I haven't got the documentation with me but will pass it on to anyone who might be interested. From memory it was something to do with southern hemisphere marine investment.

I might be a boring IFA but I just like to stick to the basics for my clients. Feel free to DM me the prospectus / brochure & I'll give it the once over.....but generally there is nothing "new" out there to invest in. And anything too esoteric is probably worth giving a swerve.

Just my opinion. 

kentaddick said:

hoof_it_up_to_benty said:

bobmunro said:

hoof_it_up_to_benty said:

Bangkokaddick said:

I have around a quarter of my current portfolio in tech (ETFs). I think I'll hold as it is an ever evolving industry and although we might see the likes of Amazon, Zoom and Netflix dropping there must be plenty of stocks to take advantage of some sort of normality. That's my theory. 

Cue tech plummet!!!

If you want to lose money then come to me for advice. Have been playing the AIM market in recent months and generally called it wrong - big profits and losses to be made. The level of share price manipulation is impressive.

I've only put in a small amount and I think you'd have to have balls of steel to put in big money. 

I have been approached by a broker advising investment in a new company. All looks pukka to me and the returns look very attractive. I haven't got the documentation with me but will pass it on to anyone who might be interested. From memory it was something to do with southern hemisphere marine investment.

I'm sat on a few shares on the AIM market with a view to the long term. Just hope a few of them take off.

The day traders play havoc with some of the shares and there can be a 50% shift in a single day. 

As some one who's become interested in day trading, which stocks are these?

Fortune 82nd Minute said:

Rob7Lee said:

bobmunro

7395

Mronelung

7200

gunnessaddick

6969

LargeAddick

6899

Huskaris

6825

meldrew66

6789

Daarrrzzettbum

6750

Covered End

6700

golfaddick

6666

CharltonKerry

6649

PragueAddick

6450

Rob7Lee

6420

RalphMilne

6397

Exiledin Manchester

6320

happy valley

6299

blackpool72

6255

StrikerFirmani

6250

WishIdStayedInThe Pub

6232

wwaddick

6013

HardyAddick

5950

CAFCsayer

5948

Salad

5897

oohaahmortimer

5750

Gary Poole

5450

Er_Be_Ab_Pl_Wo_Wo_Ch 

5000

Hang on, you've left out my late entry of 5980 and also TelMc32's of 5960 which were both accepted by Prague!

Despite the overwhelming optimism above, I'm still not convinced we are out of this contest yet!

Just suppose something goes wrong in the final trials for the vaccine? That's not impossible - you probably heard the waning Professor Van-Tam gave on the steps it still had to pass. Or the Brexit talks - @Huskaris may well be right the market is already pricing in no deal but if that happens, I assume markets will take a huge hit down.

In America, Trump shows no signs of stepping down. Could that go badly wrong?

And all this against a terrible economic background. Unemployment going through the roof and borrowing at about all time highs. Sooner or later this is going to have to be paid for. Taxes are going to go up.

Lot to play for yet!

(PS I hope I'm wildly out!)

bobmunro said:

Huskaris said:

Fortune 82nd Minute said:

Rob7Lee said:

bobmunro

7395

Mronelung

7200

gunnessaddick

6969

LargeAddick

6899

Huskaris

6825

meldrew66

6789

Daarrrzzettbum

6750

Covered End

6700

golfaddick

6666

CharltonKerry

6649

PragueAddick

6450

Rob7Lee

6420

RalphMilne

6397

Exiledin Manchester

6320

happy valley

6299

blackpool72

6255

StrikerFirmani

6250

WishIdStayedInThe Pub

6232

wwaddick

6013

HardyAddick

5950

CAFCsayer

5948

Salad

5897

oohaahmortimer

5750

Gary Poole

5450

Er_Be_Ab_Pl_Wo_Wo_Ch 

5000

Hang on, you've left out my late entry of 5980 and also TelMc32's of 5960 which were both accepted by Prague!

Despite the overwhelming optimism above, I'm still not convinced we are out of this contest yet!

Just suppose something goes wrong in the final trials for the vaccine? That's not impossible - you probably heard the waning Professor Van-Tam gave on the steps it still had to pass. Or the Brexit talks - @Huskaris may well be right the market is already pricing in no deal but if that happens, I assume markets will take a huge hit down.

In America, Trump shows no signs of stepping down. Could that go badly wrong?

And all this against a terrible economic background. Unemployment going through the roof and borrowing at about all time highs. Sooner or later this is going to have to be paid for. Taxes are going to go up.

Lot to play for yet!

(PS I hope I'm wildly out!)

I think (and I'm not saying anyone is arguing otherwise) that COVID vaccines is by far the most important thing. As long as there is a decision either way in the USA quickly, and the UK doesn't lift out of The Atlantic, flip outside and burst into flames after Jan 2nd everything else is just a side show. 

Then for the longer term it will be the stimulus packages, which in my opinion will be largely funded by mass printing of money, globally, and hopefully in a co-ordinated manner most importantly. 

I think you are probably correct and a coordinated approach would be required to ensure relative major currency exchange rates remain largely unchanged. One big issue with that is that the huge economy least affected by Covid is China - coordination will be a challenge!

Rampant inflation is the other consequence of printing money, of course. 

Huskaris said:

bobmunro said:

Huskaris said:

Fortune 82nd Minute said:

Rob7Lee said:

bobmunro

7395

Mronelung

7200

gunnessaddick

6969

LargeAddick

6899

Huskaris

6825

meldrew66

6789

Daarrrzzettbum

6750

Covered End

6700

golfaddick

6666

CharltonKerry

6649

PragueAddick

6450

Rob7Lee

6420

RalphMilne

6397

Exiledin Manchester

6320

happy valley

6299

blackpool72

6255

StrikerFirmani

6250

WishIdStayedInThe Pub

6232

wwaddick

6013

HardyAddick

5950

CAFCsayer

5948

Salad

5897

oohaahmortimer

5750

Gary Poole

5450

Er_Be_Ab_Pl_Wo_Wo_Ch 

5000

Hang on, you've left out my late entry of 5980 and also TelMc32's of 5960 which were both accepted by Prague!

Despite the overwhelming optimism above, I'm still not convinced we are out of this contest yet!

Just suppose something goes wrong in the final trials for the vaccine? That's not impossible - you probably heard the waning Professor Van-Tam gave on the steps it still had to pass. Or the Brexit talks - @Huskaris may well be right the market is already pricing in no deal but if that happens, I assume markets will take a huge hit down.

In America, Trump shows no signs of stepping down. Could that go badly wrong?

And all this against a terrible economic background. Unemployment going through the roof and borrowing at about all time highs. Sooner or later this is going to have to be paid for. Taxes are going to go up.

Lot to play for yet!

(PS I hope I'm wildly out!)

I think (and I'm not saying anyone is arguing otherwise) that COVID vaccines is by far the most important thing. As long as there is a decision either way in the USA quickly, and the UK doesn't lift out of The Atlantic, flip outside and burst into flames after Jan 2nd everything else is just a side show. 

Then for the longer term it will be the stimulus packages, which in my opinion will be largely funded by mass printing of money, globally, and hopefully in a co-ordinated manner most importantly. 

I think you are probably correct and a coordinated approach would be required to ensure relative major currency exchange rates remain largely unchanged. One big issue with that is that the huge economy least affected by Covid is China - coordination will be a challenge!

Rampant inflation is the other consequence of printing money, of course. 

I think that the rampant inflation line is very true, but that is when money is printed in an incredibly I'll disciplined manner. "Quantitative easing" post the financial crash was just money printing but by a different name.

Your point on China is a fantastic one though...! 

Couples with the fact that in my opinion, we are more likely to be entering a period of deflation rather than inflation (I can see demand side being hit far harder than supply side, capacity will be there just no demand, prices fall and then supply will also contract, but later as companies are forced to leave the market), I think that this is the perfect scenario, if ever there can be one, for printing a shedload of money. 

WishIdStayedinthePub said:

golfaddick said:

Won't be seeing both inflation & interest rates above 2.5% for a good few years. Negative interest rates are still being mooted but I listened yesterday to a webinar from a bloke on the BoE interest rate setting committee & he said that the Banks have an inherent dislike to negative rates. They fear the public will withdraw their savings as holding "paper money" wont lose them anything & the banks then will have less reserves to lend out. My fear is more basic. Burglaries. Imagine people taking out their savings & keeping it "under the mattress". It wouldn't take long for thieves to be raiding people's houses thinking that there could be loads of cash inside.

I'm not close to it anymore, but I suspect that the clearing banks, whose core banking systems still run in pounds, shillings and pence, will have explained to the Bank that negative interest rates could be a problem to implement and is best avoided for that reason alone.

I think they'll just keep printing money.  Although the BoE said that they are near their balance sheet 'limit' that is self-imposed and can be changed.

kentaddick said:

Huskaris said:

I suppose with the casinos closed day trading fills a void. 

I mean, there's also day trading crypto if you wanted to really push the boat out.

hoof_it_up_to_benty said:

hoof_it_up_to_benty said:

kentaddick said:

hoof_it_up_to_benty said:

bobmunro said:

hoof_it_up_to_benty said:

Bangkokaddick said:

I have around a quarter of my current portfolio in tech (ETFs). I think I'll hold as it is an ever evolving industry and although we might see the likes of Amazon, Zoom and Netflix dropping there must be plenty of stocks to take advantage of some sort of normality. That's my theory. 

Cue tech plummet!!!

If you want to lose money then come to me for advice. Have been playing the AIM market in recent months and generally called it wrong - big profits and losses to be made. The level of share price manipulation is impressive.

I've only put in a small amount and I think you'd have to have balls of steel to put in big money. 

I have been approached by a broker advising investment in a new company. All looks pukka to me and the returns look very attractive. I haven't got the documentation with me but will pass it on to anyone who might be interested. From memory it was something to do with southern hemisphere marine investment.

I'm sat on a few shares on the AIM market with a view to the long term. Just hope a few of them take off.

The day traders play havoc with some of the shares and there can be a 50% shift in a single day. 

As some one who's become interested in day trading, which stocks are these?

RMS, Sareum are just a couple of examples of where share price has been manipulated extensively. Very easy with small companies to drive the price down, get people to sell and then watch the price rebound - a dangerous tactic if it backfires. If a share plummets for no reason you can guess it's being shorted.

It's an educated guess as to which of the stocks will take off on AIM. If you're day trading you have to get your timing right and be on a decent platform that doesn't crash if you need to buy or sell. Quite a few problems this week.

RMS price has tripled in price in three days having lost 80% in the previous week. Mad times for covid related/pharma stocks.

hoof_it_up_to_benty said:

hoof_it_up_to_benty said:

hoof_it_up_to_benty said:

kentaddick said:

hoof_it_up_to_benty said:

bobmunro said:

hoof_it_up_to_benty said:

Bangkokaddick said:

I have around a quarter of my current portfolio in tech (ETFs). I think I'll hold as it is an ever evolving industry and although we might see the likes of Amazon, Zoom and Netflix dropping there must be plenty of stocks to take advantage of some sort of normality. That's my theory. 

Cue tech plummet!!!

If you want to lose money then come to me for advice. Have been playing the AIM market in recent months and generally called it wrong - big profits and losses to be made. The level of share price manipulation is impressive.

I've only put in a small amount and I think you'd have to have balls of steel to put in big money. 

I have been approached by a broker advising investment in a new company. All looks pukka to me and the returns look very attractive. I haven't got the documentation with me but will pass it on to anyone who might be interested. From memory it was something to do with southern hemisphere marine investment.

I'm sat on a few shares on the AIM market with a view to the long term. Just hope a few of them take off.

The day traders play havoc with some of the shares and there can be a 50% shift in a single day. 

As some one who's become interested in day trading, which stocks are these?

RMS, Sareum are just a couple of examples of where share price has been manipulated extensively. Very easy with small companies to drive the price down, get people to sell and then watch the price rebound - a dangerous tactic if it backfires. If a share plummets for no reason you can guess it's being shorted.

It's an educated guess as to which of the stocks will take off on AIM. If you're day trading you have to get your timing right and be on a decent platform that doesn't crash if you need to buy or sell. Quite a few problems this week.

RMS price has tripled in price in three days having lost 80% in the previous week. Mad times for covid related/pharma stocks.

Nearly quadrupled in 3 days now - all based on antiviral face mask which may not work. Utter madness in terms of trading. 

golfaddick said:

I hear that a lot of customers are unhappy with HL due to their online systems going down or being very slow this week, especially on Monday when the markets moved & customers not being able to trade.

hoof_it_up_to_benty said:

Daarrzzetbum said:

golfaddick said:

I hear that a lot of customers are unhappy with HL due to their online systems going down or being very slow this week, especially on Monday when the markets moved & customers not being able to trade.

Yup I was one of those, in all honesty I’d already done what I needed to but it was frustrating not being able to log on, put a complaint in and await a response.  

Monday was crazy I topped up on ODX shares and watched the share price melt, this Pfizer vaccine ain’t what it’s supposed to be (maybe for another thread). One thing for sure the FTSE benefitted, best week since April. ODX & EKF are going to fly in my humble opinion, test, test, test.

A lot of the covid testing shares were massively oversold- hard not to panic when you see prices dropping like a stone. I think the Novacyt share price plunged by almost 50% in a very a short time after the Pfizer announcement - the move wasn't warranted but it's hard to think straight in situations like this.

I've not traded in such a turbulent market and it's hard to react or deal quickly enough.Trading platforms limit the private investor.

Tempted to put more into RMS and the antiviral mask - if it takes off it has to have massive potential in the near future.