Member Info for SolarSteve

My biggest shareholding is NIO. You don’t need to ever charge their batteries! Why not? You swap them. You pull into a forecourt and in three mins they swap your battery for a full one.

Time yourself next time you fill up with fuel. It’s longer than 3 mins. That’s the future IMO, you don’t need EV charging points everywhere if people follow that model. Sheer brilliance.

I have been in BCN for over a year and NIO, LTHM, XPENG, LI AUTOS, ALB, PLL all for about 4 months. It has made up for my losses in the U.K. travel sector and I’m looking forward to the next 12 months.

Because of ploughing as much as I could into the EV world over the last period of time, BCN has taken a backseat, but I’m dipping into this more tomorrow.

The EV transition has finally been announced to the world!

This might explain the Director buys: https://reneweconomy.com.au/plans-for-australian-renewable-hydrogen-plant-gain-ground-with-epc-appointment-15960/

Lots of differing advice coming in and yes, I am aware everyone has their own agenda. But I don’t think little Solar Steve with his £2k will influence the market much either way. It’s about what I am most comfortable doing.

I find the whole averaging down principle interesting across the bird with all shares though. Some advocate it and some think it’s the worst thing you can do.

I do like MikeNT’s thought though. If I had £1k to spend right now, it would go on more NIO shares.

All valuable input folks. Thank you very much.

I can afford to hold. I don’t need this cash at all. My holding here represents about 18% of my portfolio, high I know. I also have a lot in airlines and related companies. Overall across my portfolio, I am about 40% down.

However, I can keep drip feeding every week with a small amount to bring averages down.

I am doing well on EV-related stocks and recovering some losses there at the moment.

Bottom line is that I am only 40, only been investing 14 months and learning loads. I read everyday and I can afford to lose all I am putting in, but it is doubtful that’s going to happen.

I run my own companies and don’t have time to day trade, so I think like a long term player.

At the moment, after reading all advice, I will try and throw a chunk in tomorrow to lower my average a little (I’m on holiday in Cyprus so can monitor closely) and the leave it alone and ride the waves.

Any further advice though will be read diligently, with the full understanding it is my own risk. Thanks again.

55.36% down.

I had £4, now it’s down to £2k

@oceanpassage Trade it with the cash I have left in it by selling first thing tomorrow and taking the hit or put more in and just trade that amount to lower the average?

Any advice gladly appreciated.

I agree with all who that the data can be skewed any way you want and that the virus is over baked.

However, looking at data for the last ten months to get context is incorrect. To get context, you need to look at the NHS stats for the last ten years. For anyone who has the capacity and fortitude, here are the official flu figures for the last ten years: https://www.gov.uk/government/statistics/annual-flu-reports

Take an in-depth read and you’ll see we have had worse outbreaks of flu than COVID-19 among the young and with a greater ‘R’ number. Why this one has caught the attention of the media remains a mystery to me. But it really isn’t any worse than anything else contextually.

Well that escalated quickly! Haha!

The FACTS speak for themselves. This is only a virus to be concerned about if you are over 60 or have an underlying health condition. Over 60’s are not the target audience for cinemas, though they are for cruise companies such as CCL.

We are all able to make our own decisions about how much we eat, drink, smoke, etc. These decisions can be made wisely or foolishly and all can help us live a longer or shorter life.

We should be allowed to make our own decision on how much we are willing or unwilling to expose ourselves to this virus.

People will die and for many, it will be their own fault. The years of poor diet, leads obesity, to increased blood pressure and increased risk of COVID. If you die, for some of you, it will be your own fault.

Do something today that your future self will thank you for. That includes your investing.

Peace!

....I’d be doing exactly the same. As a business owner, cash flow is all. At the start of COVID, prior to any furlough scheme being launched, I made ALL of my staff redundant across my two companies. I only was left as sole director and my wife as my sole employee. It was a complete unknown and so I needed to conserve my cash flow to make my businesses survive.

As it is, both have done their second best year ever, with one company hitting 2019 calendar year figures by 27th August! We would likely not have survived if I waited for the furlough scheme to kick in.

So Mooky is probably thinking long term. For his business to survive, he has to cut his cloth accordingly. How can he possibly keep cinemas open when releases like Bond keep dropping like flies?

Like my business contracts that didn’t go ahead earlier in the year, he knows his films are POSTPONEMENTS, not cancellations. My work came back to me and I took the same staff on as the business got busier again and I believe Mooky is in the same position.

It’s a strategic business decision for the long term health of the business.

For the record, CINE is my largest shareholding and I genuinely believe this will come good. It is all postponements, not cancellations. So sit tight folks. It will come back.

Just arrived yesterday and you know what, it was all fine. In fact, I don’t see why some of the things weren’t in place previously.

Having a mask on for the flight was no big deal really. It’s a psychological thing more than a physical. You get used to it.

Upon arrival at Birmingham, we were auto-temperature checked as we walked into departures. We showed our negative COVID test results and Cyprus flight pass and checked-in as normal. Delay, around 6 minutes. Everything else in the airport was exactly the same.

As we got off the plane in Cyprus, we had to show our negative COVID test and Cyprus flight pass. We had to queue for around 4 minutes to have our paperwork checked, but it had zero actual delaying effect because you have to wait 20 mins or so for your baggage carousel to start up in the baggage hall anyway. There were multiple medical personnel doing this paperwork check, which has created multiple jobs for medical people where there were no jobs previously. That’s surely an upside.

We arrived in the baggage hall and still had to wait for the carousel, then out of the door we went.

Let me tell you, I personally think the whole COVID thing has been totally over baked, but even for me, these processed are ZERO additional fuss to a normal flight.

I reckon with a full flight, ours was around 20% full, the ACTUAL delay would be minimal. People arrive at airports in a staggered fashion, so queues tend to be minimal at check-in. The 30 second check of your paperwork is neither here nor there.

Even as everyone is coming off a flight at the same time, you’ll be queuing for around 15-20 mins to have your paperwork checked. As mentioned, you’ll be doing this instead of waiting for your bags.

It is simply a CHANGE in airport procedure as opposed to a delay to your airport experience/journey.

As for the hotel, unless you have a penchant for wandering the corridors of your hotel, you won’t really put your mask on during the day. At the restaurant, by the pool, anywhere outside and obviously in your room, not necessary.

All in all, the only effect COVID has tangibly had on this holiday for me is the £249 per COVID test, which again, is neither here nor there in the big scheme of things.

Well done TUI and Cyprus. You’ve found a way to make the madness workable for you and liveable for the tourist.

I have 280 shares and am already 33% down! What's everyone doing tomorrow? Selling and buying back in or holding out for the long term?

I can afford to hold out, but will be looking at a 50% loss by the end of tomorrow...

https://deutchnews.de/uncategorized/39937/application-security-software-market-to-witness-huge-growth-by-2026-micro-focus-veracode-rogue-wave/

https://thedailychronicle.in/news/1414478/gifts-retailing-market-to-witness-huge-growth-by-2025-key-players-card-factory-disney-hallmark-licensing/

I absolutely agree. My strategy is to buy as many cheap shares as my finances allow, in companies that I think will survive and hold for years.

I’d be dying from anxiety (not COVID) if I was trying to say trade anything right now! :-)

The ONLY figure that needs monitoring is the DEATH rate. Everything else is noise. That figure is rock bottom, so there’s nothing to worry about.

Virtually as many people die in a car or work-related accident everyday as they are COVID. Will we ban cars and work? No.

Before cars were invented, there were no car accidents. If we tracked every single new car out on the road, logged every single accident and published those everyday nationally, I dare say you could stop people driving on roads or going to work everyday.

COVID cases will ALWAYS increase. It’s here and is here to stay.

It’s an absolute load of scaremongering nonsense.

I use this app and am currently sitting on a 24.19% paper loss. I don't care because I am playing a long game here. I see this RI as a good way to potentially claw back some loss, so I will be taking my full allocation. I will continue to average down when I can beyond this.

Does anyone know how purchasing RI shares works on T212?

Thanks in advance.

Thanks for the valuable feedback everyone.

I will be in a position to double one of my travel share holdings at the end of this month. They all have pretty much the same value.

So another question I haven’t seen answered anywhere is: Do you average down your largest percentage loss to get most shares at a low price or the smallest loss to get back into profit quicker? Or do you go on each individual companies news?

I’m guessing not the latter because it seems when one has a bad day, they all do!

Again, thanks in advance.