Member Info for hopeful118

I agree with Bav1975

Largely it's a personal thing and the biggest gain feom paying it off isn't financial it's psychological. Psychology is often overlooked in investment and is IMO the most important thing. Ultimately anlarge mortgage will affect your decision making.

GLA

When rates were stupidly low I'd argue you'd be stupid to pay it off. Mow rates are higher it's neither here nor there but I personally don't care about paying my mortgage off. I view it as a "late game tactic" in the sense that when you have enough money to earn an income for dividends etc then you might pay it off to reduce your expenses. Over time inflation eats away at the real value of your mortgage so a £500 mortgage today will be the equivalent of say £125 in 20 years (not exact figures). IF you say owe 220k at 800 a month that's a huge amount of money to free up 800 a month whereas later on when you owe say 50k it becomes much more attractive to pay it off to free up monthly cashflow.

That's my take on mortgages and investments.

Religion sure but also economic interests. The UK and US attacked the houthis because they don't want the cost if sending boats round the horn of Africa.

My personal view on broker recommendations is that they're basically pointless.

The majority of brokers just say something that sounds smart and that is their main goal. When RR was going down the pan they all said it was destined for failure because they don't want to be viewed as a maverick wildcard recommending distressed businesses.

As we all know the stocks were an absolute steal for a business that had a good chance of recovering.

My view is that you buy and then you dig in, not to be shaked by some poxy broker recommendations.

Very true puncture; same as the likes of Primark. Ultimately we'd all love to buy super nice stuff that's cruelty free and made ofnall natural products but when it costs £25 for a pair of socks only the wealthiest people are gonna pay that.

Let them buy the Boeing then! RR engines cnanonly.be maintained one way and that isnthw correct way. No cutting corners with aerospace.

Not just that butnI think shoppers arevfed up with stalls charging £5 for a hot chocolate!! They bemoan "the death of the high street" but then when you actually go into town they rip you off!

I don't know anything about charts but I do know one thing about SP movements, which is that the bear jumpsnout the window and the bull takes the stairs.

Rises always happen somewhat slowly with many breaks and pullbacks in-between. I'm reasonably confident this stock will see 400p ober the next year.

I would buy more but this has been a painful one to hold, although this does at least alleviate some of that pain.

I respect that you understand the risk and admitted it. I suppose that is exactly what bravery is, to know the risk and do it anyway.

Of course there's a small part of me that wishes I'd done it.

Glad it worked out for you but I can't support the move.

As Warren buffet always says, two things often cause problems for investors in stocks and that's liquor and leverage.

I've got harbour was kind hoping they'd buy tullow

Faur play, I've got about 13k at 65p looking for at keast 300p to consider selling but will likely hold for 10 years

Agree 100% south,

The problem is people expect too much. Management are only human and can't turn water into wine. The SP is just a reflection of the market which is driven by the chaotic whims of the public and if you've ever spent any time observing the public you'd notice that they're irrational and emotional. Most things are out of our control apart from buying and selling. Most things are unknown apart from the current share price and the most recent set of figures, everything else is guess work. This is what prevents people holding stocks because the volatility means at some point you're gonna be holding a paper loss and for most people that translates to "I am a loser, and have failed my family," which is something most people cannot deal with. The pressure and doubt become too much and they bail out.

Nice to see a LTH averaging down. Lots of people loosing their minds with this thinking they'd never lose. This is the way tondo it. Wait it out and buy more.

As peter lynch says most people have the brains but they don't have the stomach.

Yeah, punctuated by the usual posts about the company going bankrupt on down days and then the business potentially being bigger that the entire US economy on the upside.

It's just a waiting game with the US distribution centre. Also US sales will bleed out to the rest of the world because like it or not the USA is still cool.

It was bound to settle at some point. I see it hanging around 300p for a while until results or the credit rating upgrade.

It's probably best that way because a dividend may trigger sanctions on the group as a whole due to the fact that some of that dividend will be seen as originating from the Russian operations.

Once the Russian part is disposed of we'll be free of all politics and controversy; I agree with the board on this even though a dividend would be nice.

I've got about 13k and plan to hold for at least till 2030 if not longer.