Member Info for swimfan

97p on it's way

i just checked, i took the 1400 out after April 5th.... but according to ISA rules, the 20k is just a max... i can take out upto 20k in the fiscal and still put it back in before the end of the fiscal..... i was surprised as years ago was not the case....
so if i take out my 774 to round it down to 40k exactly, i can then put in 3674 (ish), (1500 left, 1400 i took and 774 i could take)

and the ISA allowance used to be so small too.....

after hovering all day near, on, above, below 100p, 98 is coming

afternoon,
ok, from potentially keener and smarter investors than me i have a few questions, in general. strategy, gameplay, psychological wins......
so, prior to April 5th, i rummage my saving to put 20k in my ISA. use it a little, make just under £1400 (pay rings off and last 500 of last years Maldives trip and an Indian delivery that weekend lol, free right??)
April 5th comes and goes, i put in another 14k, then i make a little bit more on the 34k, £1100 and 600, but leave it in. Then i still have 6k of this years allowance, and i sell my tax free BBY SIP shares (i work for BB .... still.... yes i know...... ) and eventually the muppets (who hold the SIP) sell them at 223p not 250p as they had been annoyingly..... so i add £4,500 to my pot, and then make 600 odd so i now stand at an ISA fund of £40,774 even though i only put in £38,500 (and of course i've already taken out 1400, so couldawouldshoulda been £42,174 ish.
so i am happy so far.
missed lows to be in on, missed rises to sell out on.
but i'm up.
so, people have different plays on profit. reinvest, make a bit more. Take it and keep the pot as it is. Sell to take the profit but keep majority holding of the share(s) they have - is that Top Slicing??
i still have money to put in to the ISA for this Tax Year..... 1500 plus the amount i took out..... so i could still add 2900....
my fear, is, losing the gain.
adding more funds and losing that too,
my confidence is, as i'm up, i can buy in, and work out what hit i could take to get me back to 38,500..... so i would only lose the profit if i were to sustain a drop in a share price.... as in, i buy in at 100p and i could sell at say 95p and be level.... on a spiralling falling share....
so i'm interested in peoples play, their take on dealing aspects.
thank you and good luck....
ps, today, BARC like a wh*res draws......

Here it comes..... pushing 104, now under 102 heading lower......
people have bought in, now going into the red.......

very nice indeed,
if you're not on for the rest of the week, i know she's read your post and laying down the law lol.
2008, hhhmmmm yes, i'd just got divorced, 2 kids to single parent (9 and 7 then) renting... found a house, bought it, 6 months in, int rates plummet, house looses 20% and i'm wishing i'd waited.......
some sound advice back then, to carry on renting and put the 90k i had into some rock bottom share prices would have been nice, and the rest would be history so to speak......
after i got burnt, i looked at Lloyds and saw what i once had at 17p was high 70's and over.....
hindsight and knowledge.... could have done with a bit of the latter,
but i had two kids to raise.... priorities.......
now though, they are excelling.... could not ask for more as a father....

on a seperate note, i've been using the Trading212 app (someone suggested it on here), just to follow prices.... (i watch BBY, Tesco, Lloyds and Barc) as only about 30secs behind real time trades...

whats a preference for you more experienced traders?

Whiteghost, you must be well busy at that level,
my small fry ISA of £38, 500 now at £40,775 (have taken 820 and 575 out over last few weeks - but am 3750 ish quid up in 5-6 weeks).....
i dabble, nothing serious.... i'd love a plummet of course, who wouldn't - as long as you're out right and waiting.... but this makes me further hesitant and cautious.... (burnt before) so am wary of the ups and downs, peaks and lulls of the trading day.
chancer, yes, gambler, a little, anxious once i've bought in, definitely. gutted on a rise when i'm on the sidelines, sure, of course. but i'm not down. so not complaining. i have to work from home full time and some. kids grown up, doing own thing, so just a wedding to save for, well, dabble up the ISA to get it for free so to speak is the plan.....
Good Luck,
to everyone,
thanks,

this is a general summary, the way i see it:
surely, even though people wait for a certain price in a long term time frame, it would pay to watch prices and sell on a high and then buy back in on a drop?
lets say initially in at 80p, in and waiting..... but if you went by recent movements, sold at 100p, back in at 91p, sold at 112p, bought back in at 100p, sold at 108p and not waited for the 150p that could be miles away, i'm sure that the funds would have increased, but even if you bought back in at 103 would significantly increased the holding, so in theory, the amount of shares you'd have for the cost of the initial investment would bring down the average buying price from 80 to a lower figure.......
does that make sense......???
rather than just sit and wait.......

So we have seen movement today, spike to 108, dropping back to 104.6 currently.
obvs people have bought in seeing the share going up steeply and jumping on the tail end of the comet so to speak.....
people selling, has to be people buying, so people who are in now seeing a loss.....
me, i'm waiting, am hesitant and cautious hence missing a few rises and getting out and so am just watching as many probably are for a re-entry.... at the shares low point.......
unpredictable at the mo.....
buy in lumps ? stagger through the drop looking to average?
wait?
buy back in hoping to hit the low and take in a rise?
people's thoughts?

Broken through 106

Heading to 105 BUY

104 to be broken through today or after lunch selling frenzy prior to the BH Friday?

Hi TheRookie1, yes, as i have a £40k kitty, so generally do 10k and over if i buy.
Good Luck.

Mr A, same charges as my Barclays, can't knock it tbh,

£5 is a bargain, i pay 6 with Barclays, and a pound fee for something.... admin most likely lol.....

my guess is someone working for Barclays with a company SIP getting a little Divi added to their holding...... perhaps......
i get same thing with BBY, occasional Divi of shares added throughout the year.
not 100% sure, but someone on here might know.....
i mean, the trade fee would be near the same as the buy right??? for 9.......

think Ex Div date of normal Divi is 21st May........ unless i am mistaken, payment on 3rd July i have read

yes, Lloyds has big fall potential on such bad news.
i help nearly 100,000 Lloyds many years ago back when it was 15p, sold at 17p, was pleased, paid for holidays etc at the time.... but as i got burnt with a dual ISA mining firm, i was out.
was in 5 or so weeks ago at 28p but sold in low 30's. pleased with climb and take.
Then i see, years later, Lloyds up in 50's then 70's etc nearly hitting 90p i recall.... and i wondered, what if....... but hey ho..... so yes, Lloyds, has declared bad news now, so after a drop and Qtr2 news, then could climb so lower the better, but under 30p is tempting, nearer 25p better still.
Good Luck.

Know that story very well......
i'm happy to take minimal rises,
you wanted 113, then possibly saw it drop, 112, 111, 110.... hoping it would hit 113 again, 114, 115 and think to yourself, yes, i was right to stay in..... but you could have taken 112... and been pleased with it, never tears on a profit..... and not think, blast, if i got that 113 i'd be X ponds better off..... but know, at 104, 103, 105 you have basically "lost" 7p ish a share, so over the years, i have learnt to be happy with a bit, not hold out for a lot... in the short term of buy sell buy sell........
at 112 sale.... you could have sliced off your profits, bank it, rebuy in same amount of shares today at 103, 104 but be financially better off...... and then wait..... it's hard, i know, i lost 15k on a mining stock years ago and that hurt.... but take a rise and be happy with it, if bad news rolls in right now and it was Black Friday price falls, you would be kicking yourself... and have a long wait......long term too.... if's and and and's etc etc. same as me, i don't want to be in on a drop, who does.....?
Good Luck,
wish everyone all the best,
above all be safe,
take profit however small if you can.

i was hoping LLOYDS would take a beating today, and plummet to new lows, which sometimes turn has affects on other banks.
HSBC dropped from the 438's area to under 400.....
I'd buy back in..... lower the better obvs but i fear worse news is to come, so that would mean being tied in.
40p in a dream, 50p would be nice, 70p would be similar to 5 weeks ago.
who knows where it will head tbh.
you pays ya money and takes ya chances.
3rd highest COVID-19 deaths in world in UK and Boris to make a speech next week.
kiss those flights abroad goodbye till at least 1st Sept... imo.
Good Luck