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To answer my own question, I've just read on a news release this evening that a German based semiconductor maker has warned there will be a microchip shortage which may last into 2022.
This explains why car makers shares dropped today.
Thanks for the advice koffee.
I own Aston Martin shares. They have a deal with Mercedes to use their EV technology.
I'd like to buy into Tesla in the new tax year and maybe B.A.T. I'm keeping an eye on them just now.
Koffee,
Did you have to ask them for a form or does it appear in the trading account when you try to buy US shares?
That's very useful bb143. Thanks.
I have a Halifax trading account so I'm not sure how I complete the W-8ben form, prior to trading US stock but I guess I could call and ask them
There are about a dozen posts filtered from yesterday so that shows that the system works to get rid of the clowns.
There were 6 Posts in a row filtered so it looks like the same person bombarding the forum with gibberish. Lol.
I'm thinking of investing in Tesla. First US stock for me. Can anyone advise on how the tax situation will differ for buying/selling? Will there be much more costs involved than trading a UK stock? Thanks.
As a committed long term holder, I need to stop checking the share price so often. It's my own fault and it spooks me when it drops like this.
The fundamentals are in place to keep it moving in a positive direction, just need to keep the faith.
It's amazing the difference in the news reporting of these results. Some are putting a negative spin (profit reduction which was entirely expected anyway) others keeping it positive (new models coming and ramping up production).
As long as the stock price keeps going up, I'm happy.
Long time hold.
I love this price rise. I'm up 30% which I know is a lot lower than many of you have managed.
I'm trying to learn from my investment decisions last year and just sit back and watch this baby rise and grow instead of selling up far too soon.
Of the ten companies on my watchlist, AML was the only one to turn green today. All the rest were in the red.
Luckily it's AML I'm invested in.
It seems to be bucking the trend and marching on.
Choo choo little engine. Keep going.
Long and strong.
It bucked the trend of the other companies in my watchlist today so I'm very happy. It's almost back at my 87p entry price.
I was regretting not selling at £1 at New Year and buying back in on the drop but I need to be patient for the long term hold.