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Ackman actually said that the best investors invest in only a few companies, or only one. I'm not recommding that to anyone. However, 1 Percent or under is a rubbish way to invest. You don't basically know what you doing and therefore diversify to protect yourself from your ingorance. I'm referring to anyone not you.
If a stock is restricted to 1% and it rises 50% you are effectively acting as an index fund. I disagree with that. Even Bill Ackman said that the best investors only invest a few best. Often over diversifying can dilute profits. But this strategy only works if you are good at what you doing. It's high risk unsuitable for most. But your strategy is basically a tracker fund. Why waste the time?
Nothing can be safe really. You can, and should, look for dangers in any investment. It's why I think good portfolio management is key, and within that portfolio VOD shoud be restricted to 1%, as there are many alternatives with better chances of overall gain.
A div is pointless if it is lost in SP decline. With all the various issues for VOD and it's big debt pile, I think SP decline will continue.
Safe but not exciting would be my view. Holding up at the mo despite the £ appreciating, so that's a positive sign. If VOD can at least maintain its income, rather than a steady decline recently, the shares should appreciate.
Others on this platform have said that interest in VOD is in its towers not in the dog eat dog commodity of selling comms services. However, if the towers become obsolete because of Elon Musk's satellites, then all bets are off (not that I know anything about that).
Another day - what sp performance are we expecting from Vodafone in 2021? I bought a nice chunk for my sipp so get some divis. I am pondering if I should buy more on my usual account. Do people think Vodafone has turned the corner? I certainly think so but I'm not the expert here. Any more knowledgeable people care to comment? Thanks and good luck!
I was talking about those specific years in the past 50 years when we had the highest rates of inflation. Sorry if I did not make myself clear. There would be very little point in discussing the effects of inflation if one ignored those years when it was most rampant.
Mikey, is it possible to post some different words? That's different words, not the same ones as you keep using. Do you just sit & wait for the SP to drop & when it does immediately post the same dribble? Somewhere on this planet is a tree whose single purpose is to replace the oxygen you waste. As for Danh I get the feeling that he would unplug your life support machine just to charge his phone. Can't say anyone could blame him.
Patient. So you were just talking about a 7 year period in the last 47 years. O.K. Not a representative example in my opinion. As for Bulgaria, my only knowledge is the disaster for those who bought property in the boom years, in the ski resort of Bansko. & there are many Bulgarians with jobs, waiters etc who are very poor. & live in ram shackled housing. But that's another matter. Anyway good luck with your investments whatever they are. Living by the Danube sounds good to me though.
Hi Daniel. I think you are deliberately missing the point. The highest years of inflation were 1974 to 1981, as I referred to in my post yesterday. After all, these are the crucial years to use as an example if we are discussing inflation, no? (hyper or not). It appears to me that you are discussing the topic of inflation for a period when inflation was not particularly rapid compared to the mid to late 1970s.
House price increases (other than the 1980's boom and early 1990's bust) only kicked in in earnest in late 1990's, initially due to increased foreign demand for safe UK assets, as the UK was seen as a safe haven for foreign cash. This massive flood of foreign currency underpinned the central London boom, the owners who were not necessarily resident, and later, funding all the dreadful new flats around Battersea. Thereafter the increase in immigration after the relaxations under Blair, Brown and Cameron, still continuing to this date, has caused an inexorable demand for basic housing, which pretty much makes the current housing market bust-proof. If you have any doubts about this, I can say that Bulgaria has lost around 2m population (out of 9m) since 1985. Such that one of my tenants has just bought two detached houses on generous plots in a town on the Danube, for less than £10,000 for the two. Anyone who has a job in this country can afford a home, but not necessarily in this country. Clearly these factors are much more significant in affecting the housing market than the simple rate of inflation and monetary policy.
Mikey. I thought i would suggest a good exercise for you to try, Sit down, look at the ceiling , that's up, then look at the floor, that's down, practise this many times until you get the hang of it. It will help you with your vod sp analysis.
Hi Patient. Thank you for you patience, & we shall agree to disagree. However, I don't know ,when you say back in the day your wages also went up by the same amount ,what day do you refer to? but I have picked 1980 to t 2020 when ave UK house prices rose from £21,000 to £256,000. 12.2times, but average UK wages have grown from £6000 to £32,000. 5.2 times. I think you will find this a typical average. It might have been good for you, but I am talking about the average person which seems the fair way to make a comparison. My info is taken from google.
Daniel. I have lived through it and benefited from it. As for doubling, it works like this for a house costing £100: deposit 20 mortgage 80. Doubles so when you sell, your deposit for the next house is 120. So instead of a 20% deposit, the second time round you have a 60% deposit for a £200 house, or a 30% deposit for a £400 house, if you choose to trade up. Don't forget that your wages (back in the day) also went up by the same amount, so, relatively, houses were just as affordable. If you can't see that, then we will just have to agree to disagree.
Patient. 10-20% is very high inflation, that's why the government at the time were desperate to lover it by raising interest rates. You sound like someone who thinks they know more that the government, but clearly doesn't. Usual armchair politics. Also high house price inflation is very bad for young people trying to buy a house. What is the good of your house doubling in price, when the next house you buy has doubled in price as well, you gain nothing. Its only good for property developers etc. You show me any country with very high inflation 10 to 20% that has a successful economy. Instead of doing your own research,you need to go back to school & learn about economics.
VOD isn't seen as tech really, so Nasdaq listing wouldn't help. AT&T the biggest in US have had same issue with stock price stuck in a range since 2003. Comms is a commodity with a race to the bottom on pricing and no economic moat to force higher prices. The towers are infrastructure and there is some increasing interest in that, but not comms.
Daniel. Hyperinflation? No. We had 10-20% inflation from 1974 to 1981. Hardly hyper. Say in 4 years prices doubled (also wages back then). Your house after 4 years not only had doubled in price, but your mortgage halved (compared to your wages). Please explain how that was a disaster. It certainly wasn't a disaster for me at the time. Dyor :)
At the end of the 1980's, 15% mortgage rates were a bit harsh, as house prices were crashing and wages not keeping up, but that was a time of lower inflation. Are you conflating the two periods, perchance?