Member Info for Daytradenovice

well in excess of both the divi limits and CG limits unfortunately personally, only trouble with taking scrip shares in place of the divi is you have no control over the buy price and might not want to buy more of the same shares with the cash. Its a wise move to avoid the dealer costs if buying a small amount though. unfortuately my divi in just this one share is someway north of �5k, use my divi to diverify my portfolio, i hold far to many in oilies.

leas just had a quick google on this issue and found an interesting article from hsbc, which basically contradicts the advice you've been given (i would link to it but on crappy ipad - search dividend tax on scrip shares and look for hsbc). in essence they tax you based on the 'cash equivalent' value of the divi should you have taken the cash itself. Didnt think the shysters would give anything away, bugger.

Now that is very interesting, i hold a lot of these and am building for the long term, so no intention to sell, current divi well in excess of the 2k threshold. So rather than take the cash it sounds like taking the scrip, is the way to go. Could save me a considerable sum there with that i fo. Many thanks for sharing Leas.

Not an accountant but id guess that HMRC wouldnt care what form your 2k takes divi takes, only that its over the threshold. If im wrong though please correct me - could be very useful

that there is so little movement, was expecting a better showing before the buy back started, am just sitting tight till my 17e target arrives. When are you off to the sun Sage?, cant be long now you jammy git!

certainly isnt. daft thing is there is never anybody working, with lots of plant sitting about also idle. Just cannot see what they are supposed to be doing , all looks complete to me.

heard a piece on the radio the other day with some bod on from cornwall county council disgussing the overrun fine costs for the work around Temple on the A30 in Cornwall. Guy (some councillor or other) stated that the daily fine was �2250/day, to date incurring a liability of around �300k, and an anticipated total fine of �400k by the time Kiers pull off the road. oddly, most times i drive through there there is nobody working at all, which at a rate �2250 day seems a little crazy, you can buy a lot of workers down this way for that much cash.

been a plane crash or something ? ? ? SP Falling quicker than the Cornish rain

that might be a plan Suf, but keep your faith. Patience and all that. . . .

LA is 101% correct that nobody knows the future, and from seeing his posts regularly on various boards (bp/rdsb) he clearly does well with some BIG numbers, fair play to his gut i say. yesterday i said investing is a gamble, an educated gamble at best but a gamble none the less, you just pick the bit of 'education' that suits your personal method and gamble from there. Pays your money and takes your chances. . . .

You called it spot on the other week going the other way SA. Hope your right again today, could do with a little upwards momentum.

sounds more like a religious sect or something. As long as Niki's not the pilot eh, would be an interesting journey.

do the same myself just not neccasarily into the same stock, am looking forward to my bp/rdsb/ezj divis in a couple of weeks but dont know what to buy yet, probably a glen top up or Kie. markets are all wobbly though at the moment driven by fear and panic imho. Worse time to sell best time to buy. fortune favours the brave, or is it the the brave require a fortune i dunno.

pipedreamer, also a very interesting read and viewpoint, i also understand your opinions more now, i wish you all the success in the world with the horses venture, sounds a very interesting way to gain 'an edge'. Only gamble with shares myself, dont do the lottery horses or football etc, i always seem to lose my stake and never won a thing when i have tried in the past, If i was to offer any advice to anyone it would be to see things in the round, my blind neighbour does indeed cross the road without looking, she has to and it terrifies me, hardly the M6 or M25 but she manages to get 15 miles to work each day and back home. Very inspiring young lady that one. I firmly beleive its good to share and learn from each other, that way we all grow to each of our betterments, which has to be the way forward, so a balanced view has to be best. Anyway, lets all hope for a better day today on the markets, am carrying a big paper loss from yesterday and want it back. Good luck all.

always worth listening to anybodys views, contary or otherwise gain a much better balanced judgement that way. like youi never auto reinvest, but generally leave the divi cash in the broker account and eventually plump for something to invest it on.

certainly, no worries with that. When 16 my uncle told me to "use what youve got to make more"and i've followed that basic rule through my life since, i've worked 7 day weeks for years, flipped houses, bought ftse shares and always used the capital that has generated to keep generating more. Everything i own washes its own face, no Porsche on my drive but i could buy ten. shares wise i stick to ftse with 99%of my cash (but have the odd small punt on aim) and i use my eyes and ears in the main to make my choices, although i dont dismiss any particular method of chosing investments. As i've said none individually are the panacea, all methods have their part to play, even TA which i find quite interesting with my degree in statistical analysis although im a novice with TA (hence the name) and endevouring to understand it better. initially i look for value shares, big companies that have had a big drop (like sufessex) then i want to see a decent divi in case i buy in and they drop further, do i use the companies products -if not why not, who does etc. i am prepared to hold and wait out for a long time if needed. i used my empty Morrisons analagy earlier. Then i will look at previous years accounts for any alarm bells, large increase in debt, poor margins/profitability, -although recent times have shown these to equally not be reliable (carillion for example). i look at the state of business assets i can phsically see, i.e cr4p old vehicles/plant/offices/equipment/workforce and then i make my choice and stand or fall by it. i never pay for financial advice from somebody with a vested interest, i ask questions and learn for myself, nobody to blame but myself then. I talk to my friends who mostly own business of their own about the issues they face. we all have two,eyes two ears and only one mouth for a reason. Historically i bought big divi payers and reinvested, compounding up my gains and defying usual advice to spread risk, i go in 'heavy' on what i choose to invest in. I never buy funds, and sometimes get it wrong when buying and selling, for example i recently sold 3600ezj shares i bought at 10.59 (memory) for �13.62, i should have held as they are now �16.70. Am sure we've all done such a thing. this is a quick run down of how i work, it might not be a standard approach but then investing isnt, if you follow the masses you just become one of the masses. im no shepherd but im no sheep either, im more a sheep dog and prepared to work for what i have, and its worked for me and my family. Thats about it realy, your turn now. cheers

I hope your wrong NC but i get where your coming from, markets have been all over the place since Mr T got into power, the normal pattern of things has got in a right tizzy of late, am still confident though, shall use my divis to top up for the longer term.

couldnt agree more, this is one solid business, with an established top paying divi softening any sp drops.

oh you really do like to hear the sound of your own voice dont you? everybody with a different train of thought to you must be so so wrong. Have no idea how i managed to retire at 42 with a million quids worth of paid for property because of my investments, having had only average jobs and starting from a council house.

pipes your clearly a chartist, and good luck to you with your chosen methods, but i beg to differ, you are not working on facts of any kind, you are working on predictions, just like the weather. Sometimes you win and sometimes you loose. And sometimes you can cross the road without looking -using other senses such as hearing, there are other ways to make most of lifes decisions. As i said good luck to you with your methods but to chat on about random numbers, a lot of the time after the fact, doesnt make you correct and anybody else wrong. If charting was a guaranteed method we'd all do it and there wouldnt be a market at all as we'd all make/wait for the same signals before moving.