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At the risk of trying to sound too sensible (which I don’t like doing on here because someone might disagree and start a words war). You could try day trading - but remember to ensure you buy enough to cover the tax and cost (usually needs about 8K per pot to make any meaningful money) and do it from within an ISA so that you don't pay Cap gains tax. OR buy some divi stock and sit back (but do your research - ie VOD looks good - but is actually gonna cut its divi next year). OR gamble with some penny stock - but this is risky and you might find that only 1 in 20 investments come good. OR buy ice cream and chocolate OR a Triumph Herald like me.
In a similar position too, except I’m still all in. The question I ask myself is - 'what would I invest the money in?' Trying to find another RR (with its rise) is not easy. Until I know what I am going to buy alternatively - then I just keep the money here
Wow 100m+ buys and only 30m sells. I'm not into charts ,lines and tea cup handles, but I can see that RR is just in a holding pattern ready to climb again -very soon.
Glad I didnt sell
OMG - I thought you were making that up (video on youtube) BUT NO its real and worth a watch (if you can stand RAP with a silent C). Shame he doesnt know that they no longer make cars
https://www.youtube.com/watch?v=tx_9i5BpQs0
I think you should not have been so nasty to Jane , then you might know where the price is going. Me,,,, I was so kind to her and never spoke a foul word, or ranted at her, or reported her posts
I think its peaked already , and going to head down to 47p a share,, and my name is Red_Inky, LOL
Well done. After those months of greif and self doubt- Its nice to rest easy and brag.
80% RR, rest shared between Direct Line,Legal General,Centium,CAML,M&G,BP,BATS,Foresight solar,Carnival,EVR, GSK,Haleon,Unilever,Vodafone,Wickes
I was gonna start and sell a few by 3.50 (to buy divi stock), but with the speed that this has gone up and the fact the divis are still to be re-instated for rr, and the smr contract still up for grabs; I'm now holding for max £5 (but this is fluid)
My best investment was a £68 ZX81 back in the early 80's; it allowed me to make an absolute packet throughout my life :)
... add to that , the UK won contracts (from out of the French hands ha ha ha) to build a couple of nuclear subs for Australia . but don’t confuse nuclear powered subs with nuclear war head carrying subs, Australia doesn’t have nukes
i dont know the news story, but bab****s make subs for the navy, and they are presently refurbing an old vangaurd class sub- so that it sees them through until the new dreadnought class subs come online. rr make the nuclear reactors for these subs(i think,,,,all written from the top of my head)
Conger2 , thank you , very much appriciated
Conger2 , thank you , that’s very much appreciated.
[id insert little images of love hearts and other images of appreciation here - except my keyboard doesn’t do them]
:)
I quick review of the stocks that you’ve been following and commenting on – I can well understand your jealous retort.
Trying to keep on subject - regarding reducing my cap tax bill in a months time when I try to move 20K of RR shares into my ISA, Can I ask (since there are some clever people on here)
Over the last year I have made cap. gains losses (on other shares that I have sold) to the sum of 9K. Can I add in this years 6K cap gains allowance ; so as to give myself a grand total of 15000K cap gains tax allowance.
If so I can move a bunch of lovely RR shares into my ISA without the fear that I will be paying tax -yeepee
You gotta love this board, people bickered on the way down , and people bicker on the way up. Could you imagine if we all ended up in the same old age pensioner’s home LOL
Hey Cat Man, I've got to say that this present price has taken me by shock- I've always said RR is 350 -400 max stock – and only in a year or two.
Seeing it climb this fast and so soon, without divis reinstated, with a CEO who has his eye on profit, and SMR still to be won. Then I must say that while I still think your £7 by 25 sounds a little high, I don’t think that you might be too far of the mark. I’m moving my conservative estimate to £5 as a bounce-a-round price. But will give away free salmon if £7 is reached :)
(please note readers; the term bounce –a-round is a very wishy woshy technical term used by people like those who wrote this comment who don’t have a clue but are enjoying the ride and banter , thank you)
"The only way it’s tax free is if the gains fall below the Capital Gains tax-free allowance. .................er the monies direct to my isa and rebuy the same or whatever I want………
Very basic ISA stuff DYOR"
BUT also note that you may be able to off set against 'Capital gain losses' which would effectively increase your cap gains tax allowance (where by you sold something for a loss)- DYOR :)
I didnt know Turbofan had a labrador!