Member Info for bav1975

I suspect a whisper of a dovish statement by the FED regarding interest rates may ignite the markets in the short-term. I do think 4.10 + is possible before the week is out ...further if 'JP' plays ball.

I suspect tomorrow morning's CPI data will impact which way we go tomorrow. 3.5% forecasted, less than, risk off stock markets, up we go, more than 3.5% (or status quo held), downward pressure in the short term.

Nice rise today..have a good evening all.

Https://www.bloomberg.com/news/articles/2024-03-14/rolls-royce-regains-investment-grade-rating-amid-ceo-turnaround

Quite an interesting question, but a very good one to ask PEAKDREAD. 84% leveraged in RR, but hold the following stocks since around 2020 April and onwards (I wonder why I jumped in then ;-)):

Halfords

Marks & Sparks

UBS

Deutche Bank

HSBC

Standard Charter

Greggs

Associated British Foods

Palantir

Aviva

Diageo

IAG

Shell

Lloyds

EasyJet

Glencore

JD Wetherspoons

Marsten (bit of a dog)

JD Sports

Coca Cola

BP

VOD

Prudential

BT

Mitchell & Butler

ITV

SYME (not great)

Carnival

Aston Martin (not great either)

Ryanair

Apologies for the long list...all in all quite a nice ride so far...i guess the one thing i have learnt is hold, hold, hold..don't need to faff around to much with a varied portfolio too much.....time will do its thing.

84% RR from Oct 2022, prior biggest holding was 21%. My 84 % holding is ‘new money’ did not sell to reinvest in RR.

Happy Weekend people...

Could not resist to play the game, EOP 22nd, price i think will be around £3.61.....i do however see a possibility that depending on what macro economic events are playing out, could be much lower. I still find it absolutely farcical that there are companies out there valued at 100's of billions, purely based on sentiment. Just saw an article about OpenAI (spin off from MS) being valued at around 80 billion! (2.5 x's RR Cap value nearly). We have a very long way to go and I kind of see BAE as a benchmark to follow. I think RR and future growth is very much about diversification and debt reduction, together with dividend returns. I actually do see £7, touted here often, coming sooner rather than later with a re-rate.

I think sometimes its hard to believe how share prices can move so much so quickly and prob will in RR's case, hopefully upwards, especially if you hold a large amount where every penny increase equates to £1000's, it can feel like winning the lottery everyday. But my point is, it should not be hard to believe, it's a good company and has a lot of growth to come. Being listed on the FTSE is a handicap right now. This would be deemed and is deemed as a 'penny' share in the U.S (secondary listing). But just imagine if RR began its life on the US markets...you would be talking $100 plus by now....

Interesting times, have a good weekend all..best of luck..roll on 22nd ;-)

Paying a mortgage off is very subjective. There are arguments purely from an investment perspective, trade off between the interest you pay and whether or not you can make more by investing it, the delta of which can be used to pay off some of your principal off, if you do the latter. The other argument is mental well being. Knowing you have paid off your mortgage, knowing you will always have a roof over your head, knowing you could get a min paid job and still have a nice disposable income is also a very attractive proposition. I guess the halfway house is knowing you have enough money in 'investments' to pay off your mortgage at anytime but decide not to. If you treat your 'stop loss' as the amount you need to pay off your mortgage, i.e. once you have enough money over and above to redeem your mortgage you can let it run but if your investments tank, exit as soon as it hits your outstanding mortgage amount (stop loss). This is only one way of keeping yourself balanced really.

Have a good weekend all. Take care.

Correction, just realised i did post before..so second ever post!

This is my first ever post so be gentle. I read these posts on a daily basis, not sure why but i do find them quite funny at times and its a light relief to step away from my day job and get some light entertainment (sometimes).

I have invested in shares, trading in forex for over maybe 20 years. Back in the late 90's into the 2000's, I brought shares like Medisys, Dragon oil, Range Resources and a whole bunch of others. It's great to see people getting returns and truly am happy when i here people say 'life changing'. I do hold RR shares and yes, if they hit a certain figure i will be ok into my retirement. The one thing i have learnt time and time again is 'hold'. If you find a good company, with a USP and high barriers of entry, you just need to hold. I have dipped in and out of shares in the past and ALWAYS (most times) regretted it. It's me just not being disciplined or patient enough. Forex trading taught me a lot and the key takeaway for me is, day trading is great, loved it, but i don't have the mentality for it..i had some real big winning trades, but over a 4 year period i prob was only about 20% up overall (2006 - 2010). The money I lost i put down to the cost of an 'education'.

I guess this will prob me my one and only post, look after each other guys, make the posts meaningful for the newbie's, take your wins and be gracious about it and try to educate others. Remember everyone on this forum are pretty much in the same boat, we want to make a good investment and change our life's for the better. Its a stacked deck and people do genuinely look at these forums to get advise and feel good about their investments, especially when things are going bad, so have a little empathy as well.

Anyway enough drivel, GL everyone and have a fantastic weekend. :)

But a very interesting article from JP Morgan

https://www.cnbc.com/2021/02/22/forget-bitcoin-fintech-is-the-real-covid-19-story-jpmorgan-says.html