Member Info for retirment

I would sell all mine at £10 and I guess many would, I would feel the need to secure my profits.

I don't see it, but who knows we now have Next Wednesday to get though. and USA wants it's 15% correction at any cost it seems.

Down on paper or up over all ? makes a big difference.

we are all down on paper from the £11.80 it was, but most are up 800% to start with !

Why did I buy the dip !!! ffs it did not bounce lol stupid thing.

"No one was saying buy the dip at 1080"

yes they were !!! a few on here have been saying buy the dip for a few weeks, even above that level and saying it daily !!

I said "that's bad advice"

I did buy the dip today though !!!

£10.40 open hit ffs makes no sense !!!

buy the dip people said than laughed we did not buy the dip at £10.80

£10.40 today looked liked mega value though if you were quick !

It's shocking a share like Nvidia can have this effect because a few people in the USA don;t like it !

then they post results, the CEO has a interview and people did not like his answers !! and that effects all UK shares, it's bonkers !

retirement....how often are you right in your predictions?

i go by charts only, but have to believe in the company also, i also try not to buy a share going down ! lol

remember this hit over £4 3 times but it failed to break though the magic £4.20 this normally then has a crash, but no one can tell if it was going to break though or not.

now buying more you don't buy a falling share that's daft, they will go down today i would say.

i should of sold at £4.12 and made the money but i do think these are a great recovery stock but it takes times, look at rr i got in a 78p they are £10 today ! took 5 years but made me wealthy, iag the same got in early £1.02 now £3.80 odd.

so m&s i still think a fiver but i would buy again on the way up not on the way down thats a noob mistake we all still make as we like to try and buy at the bottom :-) i did buy more yesterday a small amount at 3.34 because of the nvidia results and blue day, but then it all went to **** in the usa and i guess now will be cheaper todday, so i broke my own rules with fomo the bottom.

trading is a mental game, you have to forget the bottom but it's hard and try and buy when the share turns up 5% it's just not nice some times missing out on a fake 5% .

so to answer your question, how often am i right i would day 70% hence wealthy, m&s are a bugger now i hold a lot and in the red i now see these as a 2 year plan, so i sold all my ones in my fund account and bought them all back in my sipp, so the gov covered my loss and gave me £8k :-) so i am up on paper atm :-) as i am 56 i have options and can get my sipp money back out any time and take 25% tax free.

in my isa i will buy more m&s to lower my ave if they keep going down. i don;t like doing this but again you have to believe in the company and i do think it will turn. question is what will be get hit today ffs !!!!

Retails took a hit.

I sold RR for £11.33 in the main, bought M&S again in the main at £3.33

So winning atm. They went to >£4 Three times and hit a triple top then crashed, bit of a shame, now it's a wait to start all over again.

I am a LTH trader so not an issue for me I already have the next 2 years wages in CASH, so not taking any money out my pots.

What I did do was sell M&S at a loss in my fund account ie the ones I paid more than £3.33 for, put all that money in my SIPP and bought them all back, now the GOV will give me 25% .

And as I am over 56 I can draw on my SIPP at any point take the 25% TAX free and I get an £8k GOV payout in Jan on the £32k i just put in.

This also now allows me to sell some shares in my fund account to avoid CGT charges ie I want to sell my BP and move than to my ISA.

I always hold cash in my ISa so again not an issue to sell my BP shares at a profit pay no CGT and then use the cash to add them back in my ISA TAX free.

So I am up on paper, I get paid £8k (from Rachel in accounts) I avoided the CGT selling M&S at £4 in my fund account, I'll take the 25% TAX free once the GOV money arrives in Jan, I put £32k in I get £40k back, so can take £10k TAX free. I'll leave the M&S now in the SIPP for 2 years see what happens, I still see it making money from £3.33 then once it breaks £4.20 a fiver will happen fast.

I don't draw on my drawdown SIPP so I can still use my full SIPP allowance. Being over 56 gives you options and all easy access money.

Carrington "Added a few more at 338p - gla dyor etc."

I did say don't buy a falling knife !!!

ALWAYS buy a rising share, don;t let greed or heart chase a falling share, we all do it on fear of missing the bottom, but it's ALWAYS best to miss the bottom and buy on the way up.

£3.28 seems the next base line !! lets hope it don;t see that ! but £3.32 atm !

ps any good restaurants are booming where i live, even mid week if you don't book you will not get in, sundays you have to book a week in advance.

my local 2 top end places are 2 week bookings. yes you can get pub **** food, but it's ****. i would rather pay the same and have a m&s take out.

"which costs a few pounds to produce."

I pay £14 for a steak at home, that's without the trimmings and a glass of wine !

£30 a head for food is long gone if you want to go out and have a nice time it's £100 a head, and ave time is £60 ahead, so you will never go out again ?

I agree about M&S though if you don't want to spend £100 for 2 on a night out then paying £50 at M&S is the next best thing, this is what my friend now does once a week but with a bottle of champagne at home.

today though I was hoping for a 3% uplift :-(

PaniV2 have you been walking around with your eyes shut for 4 weeks ? serious question, no one is this dumb are they ?

Was better than expected you will find and orders though 2026.

lets hope for a blue day now, Cpi down AI bubble was fake news, Nvidia beat :-)

you are in cloud ****oo land.

I was just about to say, who flies to FIFA World Cup 2026 :-)

Nice boost

I hope you DID NOT buy on the dip! as it's not yet dipped !!!

7 million went though in auction this morning though so people are buying the dip

£15 lol that's 3 years away imo.

" fear we are heading lower."

I don't be £13 in 18 or so months.

Some stocks look great buys atm but if you fear the market then I guess people don't buy.

USA all says correction early which is better than 3 or 4 more months going up then crash.

I'll be buying if the market drops again Tomorrow as I am a LTH.

expected no ?

we have , ok i have been saying the whole worlds markets rests on nvidva results, guess what they are not out yet.

cpi tick done, nividia should be a tick but they have dropped 15% already, so the usa just about got it's 10-15% correction, budget next week, usa rate cut, uk rate cut , then rr need good results feb to back all this **** up. so as we said a few days back if you needed the money sell, or wait it out.

a market correction like this can take 8 months to recover , rr in this case should be faster upon feb good results. ftse might take the 8 months to now hit 10000 but we need 2 rate cuts and lower inflation.

look this is better than a market crash and we could say healthy, my pot was up 49% in 7 months it was all going up too fast with in the main bad inflation and bad data. but i will take a correction over a crash every day of the week.