Member Info for mowzerrocks

I'm just gonna say this - Avacta is holding up my portfolio which has been dented by TSLA... when I was down on Avacta by a lot - TSLA propped it up. Turning out to be a bit of a hedge. Will be great when they are both massively up!

The naysayers are a real issue. This is the trouble with Deeks. He gives them ammunition with is exactly the counter intuitive to his objectives. Many individuals don’t care if covid spreads and it certainly needs some public awareness and public education! LFTs are not a replacement for PCR they are a supplement if used regularly to detect the asymptomatic. It really is that simple.

Assuming we have a far superior test - I will literally fall over if Deeks backtracks... I would assume that Deeks will not have a good word to say regardless of how good they are. Strange man...

yup I know... just nice to have a bit of a boring day..... not have to think I probably need to keep an eye on it...

Yes so I think people are going to be grumpy about them. I suspect some more bad press. I think the government will have to give a nod to new British tests that are anterior nasal and much better

For traders. Pretty stable all things considered.

I was thinking the same thing. It was like there was an Avacta BB holiday. We are all happily waiting... I did top up yesterday - and I had said to myself that I wouldn’t buy over 180 like I did last May.

I don’t post here that much but wanted to give you my condolences. My neighbour fell off his roof (retired builder) and air ambulance landed in the fields behind us. He cracked some ribs and had to go to hospital to get checked out. He was admitted and then subsequently caught covid there and ended up in ventilator. He managed to get off the ventilator but yesterday took a turn for the worse and his family was called in. I haven’t had an update yet but was thinking that SNG could have been a treatment. Here we are working on our pension pots and it could all be over in a flash. So sad. We need treatments vaccines and testing (PCR and LFT) - every last bit of it.

Have you opened the bottle yet? I think we might if there is a close > 200... but it is still chillin in the fridge until then...

Wyn - thanks for the spacing! ;) I think balance is the key. I think this share has been really difficult for some. A lot of people have put a HUGE amount of research into it and the November Vaccine drop and the deafening silence was difficult to stomach as many have put in excessive exposure (including me) to this share (mainly due to the huge amount of research put in).

So whilst I feel your cautions are absolutely justified (and indeed I share them to an extent) I think this motive to protect newbies from jumping in without research is somewhat indisguishable from some trolling that does go on here. This BB has become a bit of a 2nd job for some (main job even?) and has its characters that have made it an interesting place over the last year.

So in short (I'm rambling now) I think your caution is wise, but at the same time it sometimes lacks balance given where we have been in the last year. We are in a much more certain place, and I agree the £20 thoughts are premature but I don't mind a few people day dreaming - I kind of think they deserve it. In terms of risk to newbies, in all likelihood they either won't research it and jump in (regardless of what is posted here) or they will research and jump in at an appropriate level. If the former, they have a lot to learn... I topped up above 200 last May after first buying in at 57.5 and loads of places in between. I got my average down to 140 after the vaccine news and I have learnt a lot in the last 12 months. You probably won't save a newbie from him/herself. I think most have to learn the hard way.

I have to say - I personally think Wyndrum has been positively bordering on ramping (for him) the last few days... Must be be a good sign?

He seems like a most undesirable sort. I’ve known a few directors like him - would throw anyone under a bus to feather his own nest. I have made 200% over there on a small punt over there but pulled out last Thursday as it really seemed over hyped. I even put a very small amount in RMS but I will leave it there as it does sound like it might be useful and given the profits in BRH I don’t care if I lose it. I feel sorry for them but you have to be prepared to lose your money on shares - especially if small companies that are difficult to do DD on.

i think each time you sell and allocate cash for drawdown they work it out as a % like you say. I think the important thing is that depending on how much you take annually as a pension then you might be paying 27-32% ish in tax anyway.... so really the jump to 55% isn't the end of the world. You don't pay tax again after the 55%. So depending on your age/value of pension it might be worth using ISAs to the max. But it really depends on how you get paid. We get most of our income from a limited company but I also get a small salary from an umbrella company and the rest goes to my SIPP. You can't avoid tax completely at any rate and in my view it isn't as bad as it initially looked to me.

I&B - that is the view I take. Max out ISA - make that the high risk/ high reward. Pensions get more of the safer stuff. And I still use my capital gains allowance as well - which kind of funds improvements around the house rather than extracting from ISA. But we have another 10 years+ before we can extract pension but even if it goes above the LTA - then I guess who cares - tax isn't the end of the world. I guess what isn't clear to me is how they work out what you have used of the LTA - I need to try to understand that.

With regards to the last 3 years - note that you use this year’s allowance first and then you can use that from 3 years ago... and then the years in between. Also don’t forget capital gains allowance. However you have to be careful as the gains are realised by matching buys and sells in a particular order so you can’t sell and buy within 30 days within your regular trading accounts without the buy being matched to the sell. There is a great calculator that shows the matching process. I have a bunch in a share trading and will sell to make my CGT allowance and then use the profits to pay into my ISA in the next tax year.

Strangy - there is a big difference between antibody and antigen. I suggest you look them up first before investing.

My kids are young and I’m betting that there will be new ways in the future of communication so in all likelihood post interception would not be workable lol!

So I found this:
Q What happens when a child with a Junior ISA reaches the age of 18?

Any money held in a Junior ISA is automatically rolled over into a normal ISA once the child reaches the age of 18 so it will remain tax-free. The child can then continue saving or spend the money as they wish.

So looks like it wouldn’t use the 20k allowance at all it just becomes the historical savings within the ISA wrapper. Who knows how they will contact the children in the future but it by post then they don’t necessarily need to know about it. Probably best educating them as much as you can about money and savings just in case in the future banks have different means of communication with customers.

Junior Isa lol- can you not let them know about it? At least until they are 28 and more sensible? Or do they contact them at 18 ?

Blocked you? Seriously odd chap that Deeks - he has a clear bias and refuses to engage in debate by blocking those with alternative views and lacks any ability to think about mitigation options to get the best out of rapid testing. I can’t honestly think of anyone in the science community who is more closed minded apart from those in that antivax propaganda film that BBC panorama did a piece on. Totally incapable of zooming out with any kind of balance.