Member Info for botbot1202

Up over 2%...........

We closed at $17.20. After hours it is currently $17.52

That is a huge 32c rise, or 22.5p rise, like for like in the morning............hopefully.!

Betterlife.

Unfortunately this is where the UK has bowed to everyone else in the world and has tried to "help" everyone.

The UK has invented a large majority of all leading edge advancements over the last 500+ years, but alas, those days have long gone. We invent, and immediately they are taken/bought.

The UK would rather buy from other nations than truly invest in itself nowadays, all you need to do is look back over the past 75 years.

Oil for example. 1970's, we were going to be fully independent of an other nation.

The "Good old days" are long long long gone.

When you used to buy a fridge and it lasted for 40 years, When Rolls Royce was actually Rolls Royce cars rather than BMW cars with the ability to put the Rolls Royce name on them.....ok, I'll stop now.......I'm sounding like my parents......

Betterlife.

There are loads of opinions on this, but mine is that not forgetting the US GDP and Stock Markets are multiple times that of the UK and therefore when the US takes a hit of say 1%, that potentially translates to a lot higher hit for the UK as the UK does not have the diversity/size/growth like the US does.

BUT.... The US is a rollercoaster. Yes, a lot of the time it does recover, but some times it just tanks 3% over a week and stays there.....

The long old argument is that the US has the capability to fully control itself. It has land, oil, minerals etc. etc. where as the UK in essence has nothing, so we are also taking hits from Europe/Asia as well as just the UK, and then the US sentiment.

Additionally and finally, large US corporations love to keep the UK stocks lower, and the reason is because they come along and buy them for peanuts....... Look at P&O or Cunard.! Bought by Carnival.!

Fordy.

Dont forget, I did have 75k.! So 22k is small. :-)

Unfortunately,. no I did not....... honestly, it completely went out of my mind when I did some more punts.

I wish I had.! because my latest punt was ARB, and they just announced that Bitcoin can now be bought through ETF's in the US into your pension, so all Bitcoin miners took a massive hit, and I think they are going to drop a lot further, so I took a hit and sold, and bought a few more Genedrive instead.

My Punt pot is 30k, which is obviously some of the money I made from Genedrive originally, so I thought, what the hell, I'd give it another decent go and now have 10k's worth. If it does what it did 3 years ago, then it will be another 400k for me. :-)

Fordy.

I "only bought" 22k shares this morning luckily, and spread the rest again, but literally everything I bought has dropped.

Maybe I should have taken my own advice to Bhants. The two Equity Income funds went up.!

The reason........

https://www.cnbc.com/2024/01/10/stock-market-today-live-updates.html

Ken.

get more tissues..................

Can you believe this...........!!!!!!

I did apologise upfront.!

Can you believe this.

I bought back in, and it dropped 20p.........

You really cant make this stuff up.!

Young.

Absolutely correct. They do not enjoy the same protections.

I hold shares, I hold funds, then I hold group funds (funds made up of many other funds) , I have no core ETF's.

When I sold everything earlier this year for a few weeks, I rang up and asked about what would happen if my provider went bust sitting there with all my cash. They said that it is spread across multiple banks, 14 to be exact, and you have the government 85k protection for each.....

That's when I realised, very quickly, that I needed to re-invest.

I would never suggest larger monies into smaller/unknown/etc etc companies.

and. Reality is that lessons have been learnt that spreading money actually works out better in the longer run.

Ken.

You'd need to buy the company to keep up with the demand for me.!

I'm just a big cry baby.

Ken.

Thanks.

Unfortunately all of my punt money is now out there being punted.! and currently every single one is in red.

Every investment I bought this morning is in red, I lost on the spread, the fees, the stamp duty (which always makes me laugh in a SIPP) and then the SP dropped just to finish me off.

I literally added at the top of every single purchase this morning,,,,,,,

and this is why......i Shouldn't try to "trade". :-)

Bhants.

Natwest, £3, probably.

CCL, sentiment is going to kill us whilst we are not investment grade, and they say that's the end of 2025/26.

I said originally £20 end of March, which I then changed to £17-£20, then changed again back to £20.......

I now think closer to £17, with £20 end of 2024........which, lets be honest, even £20 end of 2024 would be a 60%+ return from todays numbers.

Re Annuities.......... I looked and looked and looked at those..... I fully appreciate you are 70s and I'm 50s, but the likes of Global Equity Income funds, which would pay you 5% / 6% dividends, and they don't lose their capital values personally now are a better way to go.

With an annuity you end up getting 5% but the money is gone....

Unless you are planning to live until you are 100, would be really worth it.?!?!?!

Google the various equity funds but for examples...

https://www.fidelity.co.uk/factsheet-data/factsheet/GB00B83LW328-legal--general-glbl-equity-index-i-acc/performance

https://www.fidelity.co.uk/factsheet-data/factsheet/IE00BVYPNY24-guinness-global-equity-income-y-gbp-acc/portfolio

LOL.

Bhants.

Really sorry.!

I bought some Natwest as well.!.......and within 2 minutes it started dropping........!!!!

Sorry in advance for the fall today guys.

I bought back in

After hours it closed at $17.83

That is 11c gain from our close

7p rise this morning like for like.,

We closed at $17.72. t's currently $17.78.!

Another 6c gain after our close...... approx. 4.5p ish....

Looks like onwards and upwards it is.!

Betterlife....

Exactly.!

I just cannot believe how well CCL has held up, and considering the fact that the ramping up in the Red Sea today, and over the last few days attacking ships, which would normally bring this down, it hasn't.

Other travel has suffered, but this hasn't.

Bhants.

Middle of Feb will probably be the declaration date, with the Ex-Dividend date being mid March.

If Natwest gives what they did last year, that's 10p a share, and then there's the Interim in July, and who know's they may do a Special again as well depending on the profits.

So, from one perspective the SP has dropped, from another you'd get a 5% rise in Feb....but I also appreciate that dropping from 280 down to 215 within a year is not exactly a good return either.

It may well be worth selling, trying your luck with CCL, or other travel in the immediate short term, and maybe buying back into Natwest early Feb.....maybe.......

The problem is that you need to decide.

I've been there done that, got the T-shirt, written the book, and read the Tea-Leaves.....

As I have stated 101 times, my "trading" is the worst.......I can make a thousand, but lose 30k because I missed the jump....

I'm ultra lucky that overall my pot just keeps going up and up.

Maybe sell some, not all, and buy something else that has a better chance of a bounce in the short term. I honestly feel for you. When you have a downward slope that just continues forever it s u c k s .......

I had 300k shares in IAG for a year, and it's basically gone nowhere.......

I've sold some a week or so ago, bought Mobico, and made 8% on what I bought.

Sit back, think, make an informed decision that you are happy with, and don't look back......that's all I can advise.

Considering all airline stocks seems to have dropped and then dropped and then dropped again......CCL has held up incredibly well with no signs of wavering at all.

Maybe 1200 was the bottom now.!

Just trying to pick the point when I fully dive back in......