A_P

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  1. Agree
    A_P got a reaction from billfunk in FANG stock - Entry/Re-entry timing   
    I totally get that regarding the UK. Also UK only makes up like 7% of the world market. Plus for most UK residents, with a UK job, british pounds and a house, if it goes tits up in any shape or form, do you really want your eggs in a single (market) basket.
    If you haven't already maybe consider an all-world (inc small cap and EM's) tracker or maybe if braver and want to be a little more concentrated look at a S & P 500 tracker. I'm thinking about starting up a new LISA this April and annually going with a S & P500 tracker to complement my other All-World portfolio and HYP.
    Personally I'm not a fan of the FANGs individually going forward and there's a few companies I wouldn't go anywhere near particulary Ali.
    I posted this in another thread a while ago

  2. Informative
    A_P got a reaction from MvR in Credit deflation and the reflation cycle to come.   
    It might be because of the US tax rulings around holding US domiciled ETF if not a resident. I had a look a while back and it's a nightmare. Better investing in US companies direct or UK/Ireland domiciled etf's
  3. Informative
    A_P reacted to MvR in Credit deflation and the reflation cycle to come.   
    Yup.. Interactive Brokers don't do the US ETFs either now.
    Interestingly, I can still trade the options against those ETFs. I'm not sure what happens if an option I sold were exercised.. could I sell the stock I'm put?  Or would it settle for cash like futures option?  Either way one could set up a synthetic position.. short the put and long the call at the same strike price, and this would behave like a ETF stock position.
    There's always CFDs and spread-betting too, though the financing costs mean these aren't good instruments to hold for the medium/long term.
    It's a pain being locked out of them. Maybe things will change after 29th March.
  4. Informative
    A_P reacted to Bear Hug in Credit deflation and the reflation cycle to come.   
    I looked for SIL on Degiro a while back, did not see it
  5. Agree
    A_P got a reaction from Bedrag Justesen in Question Time   
    Nicky Morgan with the fake news reference Rolls. They're only moving a part of design process to Germany, which they do an element of it over there already. No jobs moving there
  6. Agree
    A_P got a reaction from Bedrag Justesen in Question Time   
    Nicky Morgan with the fake news reference Rolls. They're only moving a part of design process to Germany, which they do an element of it over there already. No jobs moving there
  7. Agree
    A_P reacted to Horrified Onlooker in Question Time   
    DD has done well so far. Greens lady earned my first ‘Oh fuck off!’ of the night.
  8. Agree
    A_P got a reaction from Alifelessbinary in Credit deflation and the reflation cycle to come.   
    I know what seesaw means and what the FTSE has been doing. Which was my point. Someone passively and reinvesting all this time in the FTSE wouldn't have done too bad at all over the years even though the market hasn't gone anywhere. I don't have the data to hand but something like a 130% return on £1000 invested since 1999.
    I was just trying to get you to clarify further because i thought I recalled you recently saying you were in our going to buy vanguard passive funds, ITs, and now you're categorically saying no passive and only stock picking. Perhaps I'm mistaken.
    I don't disagree with you if one has the Midas touch it certainly will pay to stock pick but I suspect most of us will pick as many dogs as we do winners resulting in less than stellar growth. In that case is passively investing in a see saw market/index all that bad when you consider the past results of regular and reinvestment in FTSE for us mere mortals? Ok it's no lambos and hooker's type growth but still in my opinion shouldn't be so easily discarded.
  9. Agree
    A_P got a reaction from crashmonitor in Question Time   
    Isabel Oakeshott would be my preference. I can't see there being a parlimentary ejactulation with those three on tonight.
  10. Agree
    A_P got a reaction from crashmonitor in Question Time   
    Isabel Oakeshott would be my preference. I can't see there being a parlimentary ejactulation with those three on tonight.
  11. Agree
    A_P got a reaction from gilf in Is Brexit going to happen at all?   
    I think the MO is to wear everyone down. So after two years they hold another ref most people just want to move on. Personally I am of the opinion leavers would lose a 2nd ref, however a lot of damage will be done going forward. Will see a very low turnout for further elections
  12. Informative
    A_P reacted to The Masked Tulip in Bad news for high St retailers continues-getting grim out there.   
    Financial journalists are unhappy this morning as M&S cancelled its annual Christmas press junket at the last minute yeserday. Asda and MacD's UK have apparently done the same.
    Primark warned a few days ago about how challenging the High Street is. Bonmarche and Dixons (Currys) are doing badly. Debenhams is a mess. The online clothing darling Asos, according to one investment bank, is burning through cash and the shares have plunged.
    Looks like the clothing retailers are doing badly. It will be interesting how well the food retailers do - Tesco, Sainsbury's, Morrisons, etc - and whether food can save M&S again. Wonder why they cancelled their press junket last night? Hmm..
     
     
     
     
     
  13. Informative
    A_P reacted to Barnsey in Credit deflation and the reflation cycle to come.   
    Tricky one isn't it? Depends on what central bank action is taken during/after the next recession, if they follow Japan and start buying stocks then all bets are off. I think the major expectation vs reality danger lies over the pond for those who've seen incredible returns since the post GFC bottom, they're staring down the barrel of a passive gun, can quite easily see 50% drop over next couple years for the S&P, unless they follow Japan.
    I'm hoping to stock pick AND invest in index trackers in the next bust but will primarily look to other markets for that aspect (CARBS). Probably staying away from entire Eurozone apart from some select German stocks. At the moment mostly in IBTL.
  14. Agree
    A_P reacted to The Masked Tulip in Bye bye Treason May?   
    Tone the language down folks. Consider rewording or deleting some things hastily written in the heat of the moment.
  15. Agree
    A_P got a reaction from the gardener in Bye bye Treason May?   
    So is this good news or bad news? Maybe neither? No clickbait title like when it goes down? How disappointing
  16. Agree
    A_P reacted to onlyme in Starting your own business   
    First business I started - web dev mainly I started out having a decent float from previous job and saw an opportunity, did one job for free to establish some credibility in being able to do the job, get the necessary skills/toolsets to do the job and experience with those. Timing was perfect (whilst it lasted), it flew, but a few years later demand was so poor switched to something more stable. Spent some money to get necessary accreditations (well more than min) for electrical work. Did that a few years and could have carried on but to be honest not challenging/stimulating enough, now my backstop in the next 10/15 years if needed. At the time I had good mates in the trade, we worked well as a team and wanted to formalise things a bit - well at least work under a banner/formalise a trading brand - gains pricing power and credibility. Unfortunately key mate who would have project managed passed away so that was that, would have worked as high demand area with either very expensive competition or sole traders lacking in the marketing dept.
    Best advice I can give, pick something you really enjoy and would be prepared to devote 12 hours a day to if necessary, start small, best start as a hobby (but taking an organised and professional approach), get a small startup fund for the basics and run alongside permanent job. If that doesn't work the market isn't right, or you don't have the drive, energy, enthusiasm,  skills, environment, resources, or family/home life etc to make it work full time. If it does work you'll get to the point (could be quickly) where you won't have the time or interest at all in permanent job. 
  17. Agree
    A_P reacted to Bedrag Justesen in Starting your own business   
    Labatt's or Molson ?
  18. Agree
    A_P got a reaction from OurDayWillCome in Bye bye Treason May?   
    I won't be drawn into a debate with you as you have proven you're a troll in regards to brexit and unwilling to change a position because of your vested interests. You've mentioned several times about £ and brexit over the course of the threads. So jog on
     
     
  19. Agree
    A_P got a reaction from billfunk in Bye bye Treason May?   
    You've had all year and you decide to buy $ and you choose today of all days? For what purpose anyway? Surely you're not blaming brexit on the £ losing its value?

  20. Agree
    A_P got a reaction from billfunk in Bye bye Treason May?   
    You've had all year and you decide to buy $ and you choose today of all days? For what purpose anyway? Surely you're not blaming brexit on the £ losing its value?

  21. Agree
    A_P got a reaction from Inoperational Bumblebee in Credit deflation and the reflation cycle to come.   
    You're a braver man than I. Fair play. Perhaps add some Debenhams in there to for a roll of the dice
  22. Agree
    A_P reacted to sancho panza in Credit deflation and the reflation cycle to come.   
    You can go on any number of websites and get a rough idea of where the price point is.The idea that EA's get a better price is based on the notion that they're honest and capable,two qualities I've generally found wanting during my various transactions with them.The basic tactic most use,is to value 5% above last local price and then await an offer.I can do that myself thank you very much and pocket the fee.
    Top end places,homes with businesses attached,I take your point.Bog standard 2 up 2 downs...sorry,can't see it,particualrly where comparisons are easily available.
  23. Agree
    A_P got a reaction from stuckmojo in What Do Investment Bank Traders Really Get Paid?   
    This chap popped into my feed a month or so ago. He's selling his own trading training/mentoring program. Used to work for the Vampire Squid iirc.  Having watched a few of his videos I didn't really get a great impression
  24. Agree
    A_P reacted to Hopeful in What Do Investment Bank Traders Really Get Paid?   
    I didn't like his style.  I thought he came across as quite sneering and condescending of his audience in his presentation style, disrespectful or arrogant are other ways of describing it, also a bit too artificially laid back and casual wth all the water swigging.
  25. Agree
    A_P reacted to stokiescum in will they ban   
    will they ban it in the future (equaty release)once they realise people will use it to delibratly to stay in there homes spunk the cash or give it away and deprive the state of care home fees could be quite comical in the future court cases over who gets the house the local council or the loan provider