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Indifferent day so far for me most gains faded away by close of day. Hanging on to some from BB and AMD, BB as likely to collapse as get anywhere, will sell some if it reaches $14 Canadian, then if falls back buy same again.
ANTO coming back in daughters p/f, MKS rubbing in the fact I didn't sell after its rally the other day.
N not a bad day for you builders, hopefully they are getting to where you would like them.
Been a super sunny day here, spent most of it outside by the pond catching up with the frogs!
Nice evening to you all.
Morning everyone, beautiful day here like everywhere on this sceptred isle and that.
m White Rabbits too, I never knew that one, bit nicer that the ole pinch punch etc.
S £700 was some money the seventies, I wish I had bothered to trade back then, but I was more interested in wasting my money on other things, (what little I had)! I did have an interest in the business and markets even then, but mostly involved reading the financial page (might have only been half a page) in the Mirror so hardly stretched. And money section in Sunday Express as that was a proper paper. Where was I then when the Express could be proper? I am glad to read you struggle to sell, something I used to be critical of in myself, but now accept as part of my trading make up!
T bank holidays rather boringly have become much the same as any day for me. Though in fact it was nice being very leisurely on my little bit of work yesterday as nothing else was happening. I am not sure what a general transition into retirement would be like, as I finished working in early March 2020 just as my temp contract run out not to retire. As I was already past pensionable age I decided to call it a day with the covid. It's odd though as I have never felt I retired, more just have lost my way (that sounds more dramatic than I mean, but is true).
Anyway markets looking postiveish today so hopefully will be good for us all!
jcb, I generally don't use stop losses and I might not be a serious investor. People like to have strategies when tey are serious, this is good but I think you need also trust some instinct just temper it a bit with seriousness.
My reasons for not using stop losses is they can kick in on a temporary drop and they will not always be quick enough on a catastrophy.
I have used them and probably will again, but I have the rime as I no longer work to keep an eye on price movements, but even that way you can over do it.
Market correction maybe?
If in doubt about anything I tend to half it, or sometimes double it. so my advise here is set a stop for perhaps half of your shares!
If there is a crash you can buy back in and so later offset those losses from unsold stuff.
V I am not sure it is doing something right, lot of time it is more not doing something is right. I still have a few shares I have owned since 2008 and many I have owned 5 years or more. I do occasionally buy and sell at what I hope are highs and lows.
I started out (in 2008) buying in £400 lots as I felt it kept commission in proportion and was not a lot to risk. Back then when usually in the next week I would find myself 20% down I could then buy another £400, and oftentimes more than once.
So I kept that system it has been a way of me "dollar averaging" as I think they call it. Generally I have invested over long term, not always by choice, sometimes I just cannot find it in me to sell.
Now I am retired and although quite happy with my returns, I have not made enough to buy a house. I half own a flat with a crap lease, okay in London but complicated to sell and my daughter needs somewhere to live so will prob. keep.
So I want to push on and boost returns. This is a dangerous area for me as I need to be careful I don't boost losses. So I plan to stick with old rules but be more adventurous. And try for short term wins! It is one of reasons I joined the brigade, that and I just liked the much more civilised approach compared to specific share boards which I had almost stopped looking at.
I must admit some things fly in the face of my old beliefs, like I would never go for any shares that were popular on LSE, if anyone mentioned MM's I would run a mile etc. etc.. I should accept these things can be contrary.
Expensive shares, one time my Puma shares were 600 euro's I never bought any for less than 150. In a way I never clocked how expensive they were as in euro's, pretty dumb but! they show the logic, however much the share costs if like them, they are 400% up you cannot go wrong, whether you have 10x£1000 or 1000x£10. Puma divided down shares by 10 so currently they would be in old money 940 euro's, but are 94.
It's funny how sometimes things logical are hard to accept, like dividends being a bonus, which really they aren't as if you don't get that money that way it should come out in co. value and so in SP. Even though I know this, I still like dividends, as I would likely bulk at big priced shares.
Anyway sorry I have too much time on bank holiday Monday.
I have done some trading today, sold some PUM and bought some BAN, Basic Net, this is french/italian co, which owns Superga and Kappa. Another little clothes/retail shot for me. My first Italian market share ever.
I need now get to the garden and be outside on this lovely day,
Arrividerci amici.
Okay and in profit for the day so far.
BB. shares which have been pretty volatile are half of that profit though, so maybe won't last till north America close!
Sold £1k in INVP which was a kind of day trade lasting a week and half for £50 profit and 4 spare shares to keep in the long term holding, so happy enough.
Sold some ALU too, missed it's high though, but okay, had over £10k in it that always makes me wary.
Was going to sell some Puma which also is over £10k but was at £20 commission on ii so need to check it out as it may have exchange charges on top of that, I am sure it did not cost as much on EQI. Got called away before I could check today. Will sell Monday probably, selling perhaps a bigger amount if unhappy with charges.
Have upped my selling amount to £1k a go, I used to do £500 lots but that policy I have had in place 10 years so adjusting. Not sure what to do with buying which generally did at £450-500, though have been doing more lately. Not sure about £900 a buy go!
FGP fallen back should have sold my short term buy but didn't.
Rest of stuff is up and down, Vistry has done well, my only builder, I think N had some (builders not necessarily VTY) so he should be happy (assuming it's a builder thing)? MKS fell back a bit.
Anyway, it's been another all time end of day high for family p/f's and so was an all time end of week high and an all time end of month high, yeah!
Yes dull here too.
Saw the Nikkei as I did my early morning check Xiaomi price and thought you would be pleased O.
Not sure I would stick with HL, though they are all much of a muchness.
I was thinking of moving daughters portfolio from them but have reconsidered after the amount of time and lack of info. when transferred wifes to II from EQI. Transferring just seems an angst process all over.
Did not get to sell RMG or buy TWD first thing this morning as I hoped, got bogged down in other things, then had to go out. Meanwhile RMG started a bit of a drop and TWD started to rise.
In end found some ready money to buy TWD and sitting on RMG to see where it goes and to consider my position.
Overall am a little bit up on the day, hope it continues!
Good afternoon to everyone,
nezlob
Been a long day, did look in early on saw T had posted but could not see and read the post.
I was bereft of ideas to post, beyond good morning and nice day so didn't.
Been out in my mums garden most of day, potting up the tomato plants for the greenhouse and some general catching up.
The garden here is enormous, which is great for room to do everything but it is hard work, now I am 67 in years and 1 in heart attacks. Was a lovely day though sunny and warm.
Went to Milton Keynes Central to drop daughter off to catch the Glasgow train, so only been back to look at things and have some tea in last hour.
Been another profitable day overall, have not done any day trading yet again, part of reason for putting on some braces.
I am beginning to think it just isn't me and my style, so I will only be boring you all with more slow old trades.
Still it's not held me back so far, so here goes .... BB. done good yesterday and same again today, I think it will really get somewhere in next year or so. Xiaomi, did okay last night, perhaps not as much as I hoped following good sales and new plans and de blacklisting. Had already caught up a bit on the black listing result so maybe all could expect. think I might sell some Royal Mail tomorrow as it is nearly £6 now and maybe get some TWD to add to small lot I have already, trading even if not day trading.. There is more but I think it's enough for you all to get to sleep already!
Weather improved and had a sunny afternoon in the garden, lawning and stuff.
Shares were not so bad either MKS went mad at one point up over 10%, faded a bit at the end.
Having another flyer in Blackberry which has half a day to go yet.
Few others did okay, my p/f was well up, but wifes a little bit down and daughter Matilda a little up.
Still nett result was an all time family high for UK close time, need BB hangs on to gains, to keep up.
Also have Xiaomi in the middle of night on HK, be interesting what that might do as they are chipping away at Samsung and Apple lead in smartphones and have been taken off US invest blacklist just recently.
Morning all, still cloudy and rain threatening here despite Carol Kirkwoods assuarances that we will have no rain.
O.. Japanese or at least Tokyo weather is worse now than ever for Olympics, climate change increasing temp. and humidity, so even slower times likely. Your post made me laugh today particularly the iWb bit.
MKS having a good day which is good as I have not sold yet as was my plan to buy SBRY, so another of those good non decisions I am so able at.
Good day everyone
Dividends have 3 dates to know. Declaration date this is when the div is announced. how much it is and when it will be allocated and paid. Then the record or ex dividend date which are when the dividend is allocated. the shares that are on record as being owned by you on such a date will get a dividend, I think the ex date is actually the day after as that day . when shares are excluding the dividend. As long as you own the shares on the record date you will get the dividend, even if you sell them after. A little while after the record date the dividend is paid, the payment date!
If you go to https://www.dividenddata.co.uk/ you get all the co. tickers, divs, dates and markets listed. So you can just look at FTSE100 tab and they will all be there.
That's sad C, I have not known you and the others long, but finding this brigade has been the best I have enjoyed LSE.
There is a genuineness, reality and niceness in what goes on here on Red Braces that is missing elsewhere.
You were as much a part of that as anyone, best wishes and nezlob,
nezlob