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David, I don’t think it’s the people selling that drops the price. There are some funds that deliberately target divi payers, starting 6-8 weeks out and they invest using algos.
What we saw last year was quite possibly the fine tuning of AI to beat the system.
Time will tell.
FEIW, I too have watched this drop by more than the divi a few times. It’s not a certainty and so FOMO plays its part. I have a few that pay divis out, March to May, so if the dates work I use the first divi to buy more of the next share when it goes XD which then does the same for the third share etc. The last share divi, in theory is used to buy shares of the first share before it theoretically starts to rise in the summer for the interim.
I’m also luck to be able to do salary sacrifice into my SIPP. That has to be the biggest tax scam out there, alas Labour have said they will stop it. So, making hay at the moment.
As for brokers, have you guys considered II? £3.99 a trade, free regular investing and around £22 a month for a SIPP and ISA, which allows family members to have a free account. I’ve done Halifax, HL, AJ Bell and have settled with II.
I paid CGT for 4 years, whilst I was ISA’ing and SIPPing to the max.
It is a tax, and nobody likes taxes. It was, however, on profits. Money I’d made from shares for just hitting a keyboard.
I don’t pay it now, and don’t use a trading account. I learnt the hard way, but I get it.
The £60k PIA is actually quite generous now, and the LTA is gone.
The market shot up after the Blair win in 97. With his majority came certainty that the markets like.
Of course, 13 years into a Tory sweatshop and we’ve been stood still the whole time!
When the Tories think of election bribes they instantly head off to la la land and talk inheritance. 4% feel it, and quite likely they’re the ones who didn’t have a plan to avoid it.
IHT will be announce in March, at that point we all need to square away for a Labour swing off the scale.
Anyone out there changing strategy to mitigate a Labour win, and on top of that a huge Blair-like win?
Is it time for Gilts and bonds in the UK, and then foreign shares? Do we think a cap on ISA size (already floated at £100k) will happen quickly if they win?
I see it that it’s quite rosey at the moment, but they have already spent £28bn they don’t have, and that’s before they get scatty again.
I read that £100bn has already left the country, and Irish domiciled funds are particularly active, so the ‘smart money’ may already be on the move.
With the Singapore sale and then the ‘extra’ what are people’s thoughts about a special? I know they can do another buy back, invest elsewhere etc, but a special is interesting.
Like many I did particularly well from the last so called special, but there’s an excess of cash building up now, Cevian has left, but cash in the bank can cause horrific faux pas.
In comes blogs, eyeing up £1bn in the bank, offers 50p over share price to agree the buyout… paid for by our cash in the bank. We would sell!
Buy backs, meh, theoretically a good thing, but only if the pension pot remains the same.
This twxt has me filtered. This is good.
Is there another idiot here that this that National Insurance pays for the NHS??? That’s particularly stupid and suggests he knows little about public finances.
I object to many taxes, but bin men, and local government are probably the hardest workers in the Public Sector.
I am not Public Sector, and I am not in the south, I see hard work and work that I wouldn’t want to do.
It is not cheap, but let’s put Biffa into bins and a big 5 into raising bills. Let’s put local electricians into housing with local plumbers. They sort their own pensions out, pay accountants and often have private medical. Let’s see what the price is then.
I suspect this guys ignorance flows nicely into the NHS, but I’ve made my point. I don’t goldfish posters that don’t look beyond the little people, that’s a disgusting trait.
On LGEN, I have enough to fund my retirement in them alone, my money is in, I have knowledge and am confident in my plan.
How crass, the doctor/ nurse whatever is part of the same gang. THE PUBLIC SECTOR. An overhead of any government; but your beef is only with local government, and the fact it’s 76% above inflation?
Can you send us all a link to the source document or online depot that’s furnished you with those figures? Seems high as inflation in those 33 years will also be high:
I suspect the figures you are decrying are incorrect, that’s all.
Dividends will floorbthe share price, the IIs want debt under control. If the plan for TAP goes ahead, they either dilute the shares by an RI or they borrow more. That is what uncertainty looks like to the IIs.
People on here, complete strangers, perhaps in straight jackets, will attempt to tell us how it is. It’s the fool that listens and doesn’t know the stock that loses. They end up selling to the investor that does. It’s economics 101.
So does a nurse, a doctor, a military person. The Public Sector is expensive, but that’s every country on the planet. The community charge would also have gone up by as much, so what is the solution? Mess with any council employees and you get rats from bin strikes, crime from no lighting and untreated roads….. they need paying for. Council tax was created in 89/90, some 30 plus years ago. 76% is about right, has your house gone up by that amount, or more?
No it is not ALL spent on schools et. But then the NHS, Defence, Whitehall budgets galore all have the same issue. People are expensive, they are entitled to pensions, even those that are on less than their private sector counterpart, many of whom have medical and cars provided.
Don’t get bratty on here, about the poorest paid. You either stand for Parliament to change it, or work with it; the other option is you stay envious and waste what’s left of your life!
Council tax! We all pay it, some pay more because they choose to live in a nice place or a large house. Generally it’s directly related to salaries.
However, even pensioners have to pay it, so trying to plead it’s worth a tax rebate is pure folly. Should we all get tax rebate on MOTs as well?
These are a great TRADING stock for the foreseeable, not an investment for a few years yet. Hence you are accumulating now, but you’ve tied up capital prematurely.
I’ll be in at 135, out at 145. It’s a good way to pay for holidays!
So, no increase in ISA allowance for UK stocks? The musings and releases to the press were nothing but air?
Every government bungs a few quid at the punters before an election, you are either very young, or in a happy place!! Let’s see.
I know it’s all musings, but I have an idea IF it does happen it will be an extra £2-5k. For LGEn this would be up to 2000 ish shares, so an increase of income of up to circa £390 wrapped.
Can’t really grumble at that.
Of course there are other UK companies..
Now, he’s obvious going to bribe us, that with an increase in tax band thresholds for average Joe, and then a bigger giveaway to the 4-6% that pay IHT.
Who is going to be taken in by these blatant panic measures. In essence we already have a high tax low growth Labour ideology in government.