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Margin concerns notes
Monday 26/9/22
15.40pm..+£4606...@ 16.30pm ..£3662
27/9/22 Tuesday
9am..£2995..@10.00 am £2000 after Delt Buy 10.19am £1042 @ 4.30pm..£350 @10pm ..+805.
MARGIN CALL 28/9/22 Wednesday ( Clear by Friday 30th by 9am ) -3871*
8.38am -3871* . Two sells 9am & 9.40am Margin + £2710*.
Still -3000 @11am . THANK GOD £582 by @ 11.21am ( Market Melt down BOE intervention on bonds )
3rd sell 11.31am .+738 at 2pm SQZ sell order lifted Margin + 4822.
Today's Sales raised +4955...Margin +7404 4.45 pm. and showed a settling 8061..10pm.
29/9/22 Thursday
8.30 am Margin +3976 ( Cash sent yesterday not in )
Stressful week with the margin calls and then broker not booking cash sent until 5pm on the second day ( 28th to 30th ).
The massive margin call were I loaned from Rachel was 5/6/20 ( three months after covid lows )
The allocation was 85,000 then , now its 291,000 . ( nearly x 3.5 )
The idea was to use the allocation to take advantage of weeks such as this .
March 1st to 7th 2022 ft100 feel approx 7% 7324 to 6887 .
September 23rd to 30th 5% 7224 to 6830.
Maybe I did but forgot the plan and did not sell back "top ups" as it recovered and hit highs .
Leaving myself exposed and not keeping that 30,000 safety barrier .
PGHM .
28/9/22 Wednesday 10pm 8061
29/9/22 Thursday 11pm 1593........ this after £2721 of sales
30/9/22 Friday 8.45am 4370 ( 5.30pm 8045 after 2000 in )
1/10/22 Saturday 6430
3/10/22 Monday 5pm. 8533 9pm... 8840
Older July 2022 Margin call notes moved to free space on DDD ( List of share notes to ( T ) )
Margin call 5/7/22 for £-2200 .
Sold 4 USA SHARES
WHICH BROUGHT TO A POSITIVE £1400. 8AM.
+£772 4.30PM
Carried on being a worry until 15th July 2022 .
............................................................................................
*Margin again call Friday 23/9/22 for -391 middle of day ( @ close corrected to +2738 ) I had bought 4 different shares and sold PUR @ 3pm to add funds )
It was the prelude to the next week below with near misses on a margin call Monday & Tuesday ( markets did not like new chancellor ( P.M ) mini tax cut budget ( higher 45% rate abolished ) , collapsing bond markets ?? ) BOE intervention
Noticed Ft 100 new six month low at 8.30am this morning, Lydias birthday .
Kwasi Kwarteng is not giving markets any confidence.
"60m public spending cuts to fix his first tax cutting budget say IFS "
Intersting post from Edwig .
I have less then 1% available .
But if I ever do sell down portfolio in better times maybe BARC alternative to cash .
BARC is one of those that if you buy now and you are prepared to hold for 2-3 years, then you'll get handsome returns, ultimately. IMHO.
I have about 10% cash in my portfolio, but I've purposely been keeping away.
However, next week might be the time to start buying I'm feeling.
Wednesday 12/10/22 new recent lows on markets Ft100 6774 at 2.30pm .
Margin low of just £134 at 2.45pm heading for bank after transferring funds in but then jumped back to 1208 @ 3pm
It had been *£16,220 Thursday 6th 10pm
£ 9,507 Monday 10th 10am
£7,490 after PRTA buy back @ 4pm Monday . ( PRTA Went lower in hindsight )
£5,710. Tuesday 11th .8.30am
£ 3,500 Wednesday 12th . 9am
Falling all day on the Wednesday but above £754 until 2.45pm ( note above about the £134 seen )
Still moving about quickly £870 / £935 3.30pm
Thursday 13th October .
Very volatile
Wednesday night 11pm... -96 ( but no margin call )
8.30am............................. -1.71 ( but no margin call )
8.45am ............................266
11am.............................1,333
1.40pm...........................-£657 Margin call
2pm.............................- £3000
Westminster Abbey .
7pm.............................+£3300
Further to this observation on 11th below , little lower next day but Wednesday 12th was week low .
Noticed USA is the same .
Kwasi Kwarteng sacked midday Friday . 38 days into Job .
Noticed Ft 100 new six month low at 8.30am this morning, Lydias birthday .
Kwasi Kwarteng is not giving markets any confidence.
"60m public spending cuts to fix his first tax cutting budget say IFS "
One month on ( and what a month with Amelia )
Westminster Abbey the change for both maybe .
14/10/22 3300 Friday
17/10/22 3444
18/10/22 9388 ( Market prefers Hunt ) Tuesday
20/10/22 6711 Thursday
5/11/22 17350 Saturday ( 9 days on ) looks like panic is over .
8/11/22 18000 Tuesday
10/11/22 14480 Thursday 9am FTSE went up 3% USA tec 500 went up 5%
11/11/22 25433 Friday 8am
......................................................................................................................
Reminder of Thursday 13th October 2022
8.30am............................. -1.71 ( but no margin call )
8.45am ............................266
11am.............................1,333
1.40pm........................-£657 Margin call
2pm.............................- £3000
Westminster Abbey . The Translation of St Edward The Confessor 1163, 1269 .
7pm.............................+£3300
MAYBE I NEED TO FOLLOW MOTLEYS ADVISE HERE ?
After the Autumn Statement, I’m loading up on dividend stocks in my Stocks and Shares ISA
Taxes on dividends are set to rise after the Autumn Statement this week. Here’s what I plan to do with my dividend stocks to protect my passive income.
Stephen Wright Writes .19 November.
As a UK investor, the Autumn Statement means I have to be extra careful with my dividend stocks. If I want to avoid paying tax on them in future, I’ll need to keep an eye on which accounts they’re in.
Right now, investors like me benefit from a Dividend Allowance of £2,000. That means that I can receive £2,000 in dividends per year without having to pay tax on them.
From next year, that’s going to change, though. The Dividend Allowance will reduce to £1,000 in April 2023 and then come down to £500 in 2024.
There’s also an accompanying tax on capital gains. Right now, the Capital Gains Tax Annual Exempt Amount is £12,300.
In other words, the first £12,300 profit that I make by selling my investments is exempt from tax. But that’s going to come down to £6,000 in 2023, and £3,000 in 2024.
Right now, neither my dividend income nor my capital gains qualifies for tax. But if I want to keep it that way, I’ll need to be careful.
Taxes
For me, the change to the Dividend Allowance is more significant than the Capital Gains Tax Exempt Amount. There are two reasons for this.
The first is that, as an investor, I plan to keep my investments for long periods of time. I don’t plan to get rich by selling the shares I own, but by benefiting from the cash the businesses generate.
The second is that the dividend threshold is much lower than the threshold for capital gains. That makes it much more likely that my dividends will be eligible for tax than the money I receive by selling shares.
Stocks and Shares ISA
Fortunately, though, there’s a way to protect my dividends from tax. That involves keeping my dividend stocks in a Stocks and Shares ISA.
A Stocks and Shares ISA allows me to invest £20,000 without making my investments eligible for tax. If I invest it in dividend stocks, then any dividends I receive don’t count towards my Dividend Allowance.
I can also reinvest the dividends that I receive to grow my investments over time. The £20,000 allowance doesn’t include money that I receive from my investments and then redeploy.
That’s why I’m looking to make sure that my dividend stocks are all in my ISA right now. And I’m going to look to keep it that way moving forward.
Autumn Statement
According to the UK government, the changes will raise over £1.2bn per year in taxes. They also think that a fair tax system involves a greater contribution from people who receive unearned income.
Are they right? I don’t know, but it doesn’t really matter – my job isn’t to make the laws or to worry about how I think they ought to be different.
My job, as an investor, is to figure out the best way for me to make money through my investm
My job, as an investor, is to figure out the best way for me to make money through my investments. And right now, I think that’s by filling my Stocks and Shares ISA with dividend stocks.
THIS MIGHT HAVE BEEN A GOOD CALL .
Forget saving. This stock market correction is a once-in-a-decade opportunity!
The stock market hasn’t been good to UK investors in recent weeks. In fact, more than £500bn has been wiped off UK stocks since Liz Truss took office.
Dr. James Fox Published 2 October.
Liz Truss’s premiership has been disastrous for the UK stock market. Nearly half a trillion pounds has been wiped off the value of UK stocks — many of which were already trading at a discount due to pandemic and Brexit-induced challenges.
A disastrous few weeksKwasi Kwarteng’s mini-budget was not what the markets wanted to hear. Earlier this week, the International Monetary Fund (IMF) criticised the UK government’s tax plan, warning that the measures will add to inflation and increase inequality.
Furthermore, on Tuesday, Moody’s suggested that the mini-budget risks “permanently weakening the UK’s debt affordability“, inferring that a credit rating downgrade could be on the cards.
The budget added to concerns that the UK was adopting characteristics of a developing market economy. Trade disruption, an energy crisis, rampant inflation, and now the country which once had the world’s largest economy, is now being closely monitored by international body known as the world’s lender of last resort — the IMF.
The FTSE 100 isn’t a reflection of the UK economy
The FTSE 100 has fallen below 7,000 having looked relatively stable around 7,500 in late summer. This fall largely reflects concerns about the UK economy, but it’s important to note that the index isn’t a perfect reflection of the British economy.
In fact, companies in the FTSE 100 derive approximately 75% of their revenues from overseas, meaning that a FTSE investor is heavily exposed to foreign currency. So as the pound depreciates further against the dollar, there will certainly be scope for some firms to inflate their GBP earnings.
Opportunity knocks
With the FTSE 100 trading around and below 7,000, I’m looking to top up on some of my favorite stock market picks. The obvious place to look is companies that derive a considerable proportion of their income overseas.
Diageo is one such company. In January, it said that foreign exchange rates negatively impacted earnings in the preceding six months. However, the exchange rate has changed considerably since then. In the past six months, the pound has weakened from $1.35 to the pound, to $1.07.
I’m also looking at buying more Unilever and Haleon shares. Both of these consumer good companies sell their products around the world. Unilever sells its products in more than 190 countries. And the vast majority of its income doesn’t come in the form of sterling.
Moreover, both these companies own household brands, and this gives them pricing power which is particularly important amid rampant inflation.
With inflation rising, banks also look like a good place for my money. There’s clearly a lot of concerns around the industry right now with the in
Margin began to look worrying again in the run up to Christmas with approx 10,000 available
( 7200 credit card to clear on 11/1/23 ) ( 6 GTC buy orders on , can clear )
This take on the year and next year not to promising.
Ipek Ozkardeskaya at Swissquote Bank 30th December 2022.
"The most important take of the year is: the era of easy money ended, and ended for good.
It means that the financial markets won't look like anything we knew since the subprime crisis,"
"This is the beginning of a new era, when central banks will be playing a more subdued role in the markets, with less liquidity available to fix problems – a more than necessary move that came perhaps too late, and too painfully. "
A great January 2023 Ft 100 at all time highs 7900 .
USA not as good high there high was last January 2022 .
Margin now 37.000 more then 10 times 14/10/2022 below.
Trouble finding site Friday 19th August 2023 when margin again down below 2,000.
Other notes made on Prothena bb .
No margin call , not as much concern .
Over 3,000 available by beginning of following week .
Above the safety 30,000 last few days .
Since 4/1/23 60,400 cash out and approx 20,000 in . ( -40,400 )
Maybe = to 70,000 av.
Dropped again sharply to 5,000 October 2023.
Not quite as worrying as 2,000 August 2023
Been around 20,000 first quarter of 2024 but back above 30,000 today .
Plus a lot withdrawn .