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SonnyA85
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ISA’s

Post by SonnyA85 » Thu Aug 04, 2022 11:52 am

Zedebee wrote: Thu Aug 04, 2022 11:34 am I truly hate “The Lounge”. Occasionally there’s a good joke or too but mostly it’s just attention seeking and opinionated bollocks (just my opinion, of course :tumbleweed: ).
You forgot the bitterness too. There's hedge fund managers out there who make funny money per day but if someone comes along who happens to make more than the standard 10% index tracker it's obviously all lies just because they can't do it.

I pay a financial adviser and he's worth every penny. But a lot of folk wouldn't do that even though they could easily make money by doing so as they think it's some form of dark art and money for nothing. It takes money to make money and you have to be willing to put your neck on the line and pull the trigger, a lot of people can't do that for fear of losing. When someone else manages to do it, others can't believe it's real and then they FOMO into an overpriced tech stock and then say it's all a scam because they keep losing money.

It's hardly rocket science. Energy prices are going up and are at crazy levels. The dutch company I invested in at one point the dutch gas market was at 3000% price increase. People in the UK are complaining about a 400% increase to put into perspective how much money they were making. People in the UK are crying for them to be taxed more. This company was making £8m per day in profit. It's valued at less than £1 billion. It's still making funny money today. Even though the price is up 500% I am still buying more shares in it every month as I fully expect it to be worth £10 a share within 2-3 years.

mgrlane
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Post by mgrlane » Thu Aug 04, 2022 11:55 am

SonnyA85 wrote: Thu Aug 04, 2022 10:40 am I don't understand why it's not believable.
Whats the stock that you are buying?

The fact that there is alot of talk on here about opening the ISA for the 0.something to 2% and locking in for 3 years tells you all you need to know really.

I put 3k into Crypto about 2 years ago mainly in SOL and watched it go to 14k and at that point put in in promising projects and kept some in SOL and bought some ETH. I had 3k in SRM at one point and that really has gone t1tts up. Most is in FTT which my bet is on it doing a Binance in the future and building strong. But who knows- it's money I am ok with losing.

Crypto Portfolio was at 3.2k last week when I checked at the start of the week. I think the 10k that I "lost" is a very good education for the next cycle where I plan to invest more. If I wasn't half way thorough a house move I think I would be adding now.

I have just set up a SIPS and have started paying into a pension on a monthly basis. Literally starting from basically zero and really focusing on funds.

I have Tesla in my SIPPS (only stock so far for a long term hold) alongside some VWRL (fund- nice exposure to world markets but heavily weighted on American Index's)

I also have a Lifetime ISA (same stick as the House ISA type thing) you bang in 4k a year and they top it up to 5k. This one I am just buying an S&P tracker for the next 15-20 years. This one will be for my future kids to teach them the benefits of dollar cost averaging and compound interest. Both things I wish were taught to me back in my late teens/early 20's.

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Scubaregs
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Post by Scubaregs » Thu Aug 04, 2022 11:58 am

SonnyA85, I hope you don't mind but i've taken the liberty of passing your details onto all the top investment banks who will shortly be in a bidding war to hire you for your amazing stock market acumen.

Aso, if you could kindy just take five minutes and jot down a synopsis of your life this far, I will submit it here for you, after i've placed a sizeable bet at the bookies on you winning.

https://en.wikipedia.org/wiki/World_Fan ... 80%94Novel
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enuff_zed
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Post by enuff_zed » Thu Aug 04, 2022 12:02 pm

Argyll Andy wrote: Thu Aug 04, 2022 11:34 am
SonnyA85 wrote: Thu Aug 04, 2022 10:40 am I was watching the balance go up by £40K per day
Did ye, aye….. :tumbleweed:

And for the non Scottish/Glaswegian members amongst us to save you googling like Martin’s also very apt FROT term :wink:

“A very common and important phrase among Scottish lingo, word for word translates as "did you, yes?". "Did ye aye" is an extremely condescending phrase used to shut down the person you're talking to if you think they're speaking pish”
I just googled FROT and it certainly didn't match my thinking! :o
I was more along the lines of four separate words, with the last one having two equally relevant meanings.

Go briskly away, person who lives under a bridge/small Scottish town :D
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enuff_zed
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Post by enuff_zed » Thu Aug 04, 2022 12:02 pm

Scubaregs wrote: Thu Aug 04, 2022 11:58 am SonnyA85, I hope you don't mind but i've taken the liberty of passing your details onto all the top investment banks who will shortly be in a bidding war to hire you for your amazing stock market acumen.

Aso, if you could kindy just take five minutes and jot down a synopsis of your life this far, I will submit it here for you, after i've placed a sizeable bet at the bookies on you winning.

https://en.wikipedia.org/wiki/World_Fan ... 80%94Novel
Not sure how he'd get on as an Investment Banker. Seems more the Merchant type.
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Pondrew
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Post by Pondrew » Thu Aug 04, 2022 12:06 pm

Zedebee wrote: Thu Aug 04, 2022 11:34 am and opinionated bollocks
Don't have a problem with that myself, as it would be a bit hypocritical if I did.

Possibly the way it is executed makes the difference. Humility and humour need to be used in abundance IMHO, otherwise the poster can come across as an arroogant, authoritarian 'know all' which irritates and alienates other forum members.

This, unfortunately, seems to be the case with one member at least. :|
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Post by N4LLY » Thu Aug 04, 2022 12:07 pm

biZ4rreMids wrote: Thu Aug 04, 2022 11:25 am
enuff_zed wrote: Thu Aug 04, 2022 11:11 am FROT
(If you know, you know)
:D
I really wish I hadn’t googled this 😳
:rofl:
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SonnyA85
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Post by SonnyA85 » Thu Aug 04, 2022 12:07 pm

mgrlane wrote: Thu Aug 04, 2022 11:55 am
SonnyA85 wrote: Thu Aug 04, 2022 10:40 am I don't understand why it's not believable.
Whats the stock that you are buying?

The fact that there is alot of talk on here about opening the ISA for the 0.something to 2% and locking in for 3 years tells you all you need to know really.

I put 3k into Crypto about 2 years ago mainly in SOL and watched it go to 14k and at that point put in in promising projects and kept some in SOL and bought some ETH. I had 3k in SRM at one point and that really has gone t1tts up. Most is in FTT which my bet is on it doing a Binance in the future and building strong. But who knows- it's money I am ok with losing.

Crypto Portfolio was at 3.2k last week when I checked at the start of the week. I think the 10k that I "lost" is a very good education for the next cycle where I plan to invest more. If I wasn't half way thorough a house move I think I would be adding now.

I have just set up a SIPS and have started paying into a pension on a monthly basis. Literally starting from basically zero and really focusing on funds.

I have Tesla in my SIPPS (only stock so far for a long term hold) alongside some VWRL (fund- nice exposure to world markets but heavily weighted on American Index's)

I also have a Lifetime ISA (same stick as the House ISA type thing) you bang in 4k a year and they top it up to 5k. This one I am just buying an S&P tracker for the next 15-20 years. This one will be for my future kids to teach them the benefits of dollar cost averaging and compound interest. Both things I wish were taught to me back in my late teens/early 20's.
I have scrubbed away the name for a reason. I won't tell anyone. I have literally spent days researching the company, it's directors, major shareholders, company accounts and financials. I'm sure you can understand all that time and effort I'm not just going to give away for nothing.

There is another company I did the same for last year it is today £14 a share as an example. A coal mining business. When china banned coal imports from Australia and started manipulating the price of coal I saw it as a good sign. I bought that company at less than £3 a share. That's all within a year. It's not just 1 magic stock pick. I have done this across 3 different stocks now using extensive research.

If you want I can tell you what I look at and what websites I use to do my research. Just send me a PM. These are all free to use websites. You won't need to pay me or the websites anything. They are public information. You just need to register an account to use them.

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Post by Pondrew » Thu Aug 04, 2022 12:12 pm

enuff_zed wrote: Thu Aug 04, 2022 12:02 pm I just googled FROT and it certainly didn't match my thinking!
That's funny, that.
Just popping down to the kitchen for a quick frot with the misses! :lol: :lol:
All good things come to those who wait. I'm really impatient which explains a lot.

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mgrlane
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Post by mgrlane » Thu Aug 04, 2022 12:27 pm

SonnyA85 wrote: Thu Aug 04, 2022 12:07 pm I have scrubbed away the name for a reason. I won't tell anyone. I have literally spent days researching the company
Fair enough. What ever works for you I guess.

I am happy for anyone to know what I have bought- for example I would be very much obliged and would be super happy if you all bought and held Tesla.

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Post by Argyll Andy » Thu Aug 04, 2022 12:37 pm

Pondrew wrote: Thu Aug 04, 2022 12:12 pm Just popping down to the kitchen for a quick frot with the misses
That’s the only way you’re going to get away with that because the other party doesn’t know :lol:

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    SonnyA85
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    Post by SonnyA85 » Thu Aug 04, 2022 12:39 pm

    mgrlane wrote: Thu Aug 04, 2022 12:27 pm
    SonnyA85 wrote: Thu Aug 04, 2022 12:07 pm I have scrubbed away the name for a reason. I won't tell anyone. I have literally spent days researching the company
    Fair enough. What ever works for you I guess.

    I am happy for anyone to know what I have bought- for example I would be very much obliged and would be super happy if you all bought and held Tesla.
    I told everyone not to buy tesla and to sell it when it was circa 1200. It went up to 1400 and they were laughing and I stuck by my guns and said sell now. It then went to 700 recently and below 600 for a bit too. They say he who laughs last laughs the hardest.

    Here's a tip for you. When everyone and their dog is buying an asset. That's when it is time to sell. The time to buy Tesla was in 2018/2019 not today. You may make money on it but there are far better prospects out there on which you can make far better gains on.

    If you want I can give you a tip on crypto. With crypto as you already know it's very much a casino. I expect this coin to do a 5-10X within the next 4 months. It's what I am buying right now. Send me a PM and I'll disclose that tip to you. Disclosing you buy Tesla is pretty much the same as me disclosing I buy Nvidia, Intel, AMD, Microsoft and Volkswagen. It's the most popular stock going. It's not exactly secret information. I know bucket loads of people buying Tesla.

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    Post by Zedebee » Thu Aug 04, 2022 12:40 pm

    Pondrew wrote: Thu Aug 04, 2022 12:12 pm
    enuff_zed wrote: Thu Aug 04, 2022 12:02 pm I just googled FROT and it certainly didn't match my thinking!
    That's funny, that.
    Just popping down to the kitchen for a quick frot with the misses! :lol: :lol:
    Pond, if you’re doing it with the Mrs (?), then you’re doing it wrong :rofl:
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    enuff_zed
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    Post by enuff_zed » Thu Aug 04, 2022 12:40 pm

    Here he is! Back after 32 minutes so probably a few thousand richer. :rofl:
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    N4LLY
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    Post by N4LLY » Thu Aug 04, 2022 12:47 pm

    Zedebee wrote: Thu Aug 04, 2022 12:40 pm
    Pondrew wrote: Thu Aug 04, 2022 12:12 pm
    enuff_zed wrote: Thu Aug 04, 2022 12:02 pm I just googled FROT and it certainly didn't match my thinking!
    That's funny, that.
    Just popping down to the kitchen for a quick frot with the misses! :lol: :lol:
    Pond, if you’re doing it with the Mrs (?), then you’re doing it wrong :rofl:
    Is what i thought, unless the Mrs has a W*l*y :lol:
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