Member Info for NettlesTheCat

NSandI paying 6.2% for a 1 year bond by the way (new issue):

https://www.independent.co.uk/money/ns-i-launches-new-issues-of-savings-products-with-rates-of-more-than-6-b2401731.html

... and although I always suggested an equity ISA, some of the cash ISAs (junior) are paying 4%+ at the moment).

9k invested compound.... you do the maths but that's a hefty amount.

... in your case, always good to look at a Junior ISA (your daughter being 2).

Lot's out there - up to 9k P/A invested - locked away until 18 (which is a good thing).

Well, this is a personal perspective Rr101 but to be totally honest with you, we put money into premium bonds for my daughter so she'll have max amount when she's 18. I also know my parents (mum died recently) decided to split the will to include the grandkids so she's got another 80k when my dad sadly passes. With everything else she has, we decided (my wife and I) that money we have should be spent on us - she's a single child and she'll inherit a retirement worthy fund when we pass.

Kid's need a helping hand put not a silver spoon right?

We will make sure she sets up an ISA and Pension in the first day she can but the rest is on her.

That might sound selfish but

Svend, yes.

I think UBS put EPS for RR at +.35 (Hence the estimate of £6). I think that's conservative, and rather late in an estimation, in my humble opinion.

Not so sure about the fib charts as I'm not a chartist (I don't trust them), but certainly on point for the £7 come feb 2025.

Great point Rr101.

I’m not here to advise anyone but the benefits of an equity ISA surely out way the risks of spread betting?

Maybe it’s possible to do both, I’ve no idea, but with a 20k cap on equity ISA P/A, tax free divs and tax free withdrawals, I can’t see a better way to invest for a retirement.

I was a little late but I’m starting my daughter on 20k a year as soon as she’s able to take it on,

If you’re spreading (not buying physical shares) then TUI might be for you right now. Not advice, just a friendly nudge.

Have you taken a happy pill (no offence).?

Your being, may I say…. Nice?

Well, I topped up at 7.60 and it’s still finding its bottom. Gains could amazing but it’s not doing what helium usually does. 😉

I’d suggest I have added lives Badland. Although I can’t offer “advice”, it seems thoughts following my investment strategy are well up.

Just need the HE1 investment to come right. 👍

£7 close? 😂😂

I’ve done a little bit of research on my current holdings and TUI stands out, along with IAG to a lesser extent.

When I say stands out, I mean shares I hold that will go to pot, get another RI to survive or……. Thrive in the next two years.

I’m heavy on RR as my forecast is finally coming true and so I personally feel TUI is the most now the most undervalued stock in the UK (it was RR).

My next investments are top ups on TUI at anything below £5.

Hard for me to explain mate. I expected RR to get 75%+ of the SMR contracts (as I think was reasonable at the time), but news through the catvine suggests Shapps will soon announce a 100% SMR contract to RR SMR Ltd based on the GB nuclear division set up and the £250m already given by UK in match funding.

I’ve been told the ‘competition ’ was a legal tender announcement but because investment in the above has already been made, certain requirements set out in order to tender can really only be concluded by RR in the short term.

This may well be absolute BS but it’s what I head a few weeks ago and it suggests the recent rise.

Fingers crossed eh?

“it's worse than gambling as the brokers will cause the sp to blip and stop loss you out. it's corrupt.”

I stand corrected, it was an IG account that chap I’m talking about had. And yes, the ‘blips’ are designed to cancel your spread just before the share takes off.

100% agreement with you retirment. Absolutely criminal, and rather upsetting to see decent people lose from no fault of their own.

LTH always wins.

“ You can argue it both ways, there is the side stated here, but another way of looking at it is they are making sure the client can pay their debts, which is good for both parties, hence the stop loss.”

These companies thrive on you exceeding your stop loss. The won’t even allow purchases on stocks doing well (or are on the up).

I’m old enough to know a long term (5 year strategy) with realistic end goals is better than a quick fix.

On that, we have two sides, and as shown below, many will make an absolute fortune with x3.

We never hear about the vast majority that lose though.

“not for me. the odds are not with you and the brokers are very against you blipping out your stop losses. “

I couldn’t have said it better myself.

You gain (awesome), you forget your initial stop loss, share plummets, you’ve lost everything.

Sorry, but that’s why I call it gambling.

There was a really awesome chap on here a couple of years ago, I’m sure some of you will remember…. A gym going dude who set his plus100 account up on live stream via YouTube. He was heavy into RR at the time but moreover, he was really heavy into Harbour Energy.

A really decent guy who got screwed in RR because of a ‘blip’ that sent RR SP down 20% or so in a matter of minutes before it regained and then went on to finish the day green.

I was absolutely gutted for him as it was obviously an MM move but he hasn’t the equity to fund the spread so his RR position was closed.

Any ideas who that was?

Can someone give Rodie an up to date idea of actual costs with x3?

I’ve not done it in years and if anything, this forum ‘should’ be able to give good advice rather than the constant “my Willy is bigger than yours”.

I’d hate people like Rodie to read “it’s triple profits” without understanding up to date info on daily costs, leverage deposits to keep the bet live etc.

I’ve heard it’s already done Metom and RR have 100%. Far more than I expected. But that’s grapevine talk for you. 👍

As the village acknowledges, well done on the win Berny. I’ve been there myself, which is why I have an opinion on it. Racing from meeting to meeting to allow me time to check a spread really isn’t for me, but yes, it can be massive gains.

That’s why I humbly now invest in actual stock and give myself long term exposure to reach a realistic goal over time (years).

But we’ll done none the less, you are (as I’m sure you will admit to) in the minority of gainers from this kind of ‘investment’.