Dogtania

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  1. Dogtania

    15000 jobs to go at Tesco 🇬🇧

    They seem to be aligning themselves with the Lidls basically. I thought recently they also were planning on reducing their range of products and going for more 'own' name stuff. Personally don't rate their bread anywhere near Sainsbury's offerings and maybe even Lidl. Assume the latter using frozen dough already. Less bargains will probably be the result from the yellow sticker stack unfortunately. Though probably good I would say for the share holders long term!?
  2. I'd quite like to try one of those Blackpool hotel deals one day.... It sounds so cheap I'm not sure how legit it is but would be fun experience I think with right frame of mind. I went to the bingo a few years ago and it was great for something different/ novelty. The pints were the cheapest I had seen in a long time and we were helped along by friendly old ladies and colourful MC.
  3. When I was in SA in 2013 food was amazingly cheap, granted the exchange was very favourable and I was made to feel like Mr moneybags. I think a glass of wine was like 8 Rand though could be mistaken, could have been 12 Rand but £1 gave 20 Rand plus at the time. The thing was inflation was quite high at the time and I'm assuming has continued. The standard rate I was told for savings accounts was 7%( or easily found) where we were at 1. Strange how things develop but I've been aware the 20 Rand to £1 has slipped and even though I've not kept check on their inflation I've guessed it has continually got worse from a GBP -R perspective (as in we've had low inflation if that). Possibly planning a trip later in the year for a wedding but don't think it'll be Mr moneybags visiting the colony this time!
  4. Brexit clearly the new "weather" (cold, hot or simply unexpectedly mild) for explaining away such things.
  5. Dogtania

    What's going to collapse next...

    Didn't realize JD sports or their owners owned a lot of brands. Sports direct seemed to base a lot of focus on buying once stellar brands for pennies when down and out. I'll always remember circa 15 years ago finding a supposed "bargain" with x% off a pair of karrimore boots. Only later realizing they weren't really karrimore anymore. Once bitten twice shy and all that, but clearly the business practice works well for them. So JD and sports owning a hell of a lot of brands. Really means a lot less nowadays compared to a few years ago.
  6. I was thinking the exact same thing when I read that. Definitely one would think that with some flash crash there would be plenty of opposing sides/ algos / strategies ready to profit somehow. I know nothing about quants and high frequency trading (as probably 99.999% of people) though. I do wonder if in the future it's likely the programs will gain increased autonomy wider complexity in so far as getting to the stage where 0% of humans understand the machines decisions. Maybe ban if in order then
  7. Dogtania

    Last share you bought?

    So I've thought for a while about the nuclear industry and how to get some skin in the game. Think uranium fund is one way? I used to be a bit biased against nuclear and will would much prefer the renewables but the way I'm hearing climate change co2 emissions discussed in the media seems there is a push to other avenues of energy not fossil fuel based. So nuclear fission could become the main stopgap. I read somewhere some sort of theory on trends and adoption of new technology. Can't remember exactly but it was an old theory being referenced and something along the lines of a new source of power having a plotable line of adoption/ use. I.e wood being iirc widely used as main source in 19 th century then coal coming of age then oil etc. The point I think I read is that nuclear had an initial burst in the later 20th century then going out of favour... Only according to this theory/ trend it should come back as the main source towards middle of the 21st century. Sorry for vagueness I can definitely try to dig out the source but that I think was the gist of it.
  8. I am in a similar mind. Basically -and reading similar sentiment here etc- the way I see it is there is a lot of potential upside. Of course more volutile and could just keep edging down..But seems obvious in my niavity that there is just so much possibility on an upswing. If I bet £1 on a 50/50 bet and the max I can lose is £1 but the most is £2+ surely that's a good play? Not saying it's that simple but that's how I have justified.
  9. Dogtania

    Last share you bought?

    Quick question regarding buying shares...I was always under the impression that it really only made sense to buy shares for a minimum of say £800-1k as a result of dealing charges. Is there a way to buy a lot less (with lower dealing charges) through some kind of "loop hole" regular saving thing. Think I have heard before of this though not quite sure. I have both heargreves L and aj bell (former sipp and isa and aj is newly opened Lisa). Any tips appreciated - I have an amount in one of the accounts that I thought could buy 2-3 shares but have held of for ages, instead dripping miniscule amounts into some funds. Would be great if I could diversify say 3k over a couple of months in 8-10 holdings.
  10. Dogtania

    Retro! Computer game music

    I was lucky enough to have an Atari st back in the day. I was only into the games at the time but think it was regarded as extremely proficient at musical stay composition/ sequencing. Anyway I fondly remember bomb the bass featuring on xenon. A lot of other titles had good sounds albeit not necessarily soundtrack level. There are whole genres now reimagining those Amiga/ outrun/ late 80s neon tinged days. Will try to find some examples at some point. Case in point, I was listening to a something on YouTube a few days ago and somebody commented that it sounded like the game Strider.
  11. Thanks dB. The whole hedge angle is impressively simple but sound. Though l will keep an eye on and quite possibly sell some or most. However I really appreciate the concept of ratio in risk/ return. Especially at the moment potentially in pm / miners where the obvious downside is going to zero or at least close to... Weighed against a far bigger upside possible.
  12. @DurhamBorn regarding tlt, I think I read you mention you sold a while back? I have watched it drop a fair bit recently. I'm assuming you still see rates lowering at some point but does seem the trend and consensus is that rates are going to keep rising ( which directly affects tlt and the like through sentiment?). Anyway I'm hindsight -obviously- I should have sold off too... Just weighting up now whether to keep holding at the moment for the shortish term or cut my losses for the exit. Any thoughts or illumination here dB? Not expecting financial advice! Just thinking out loud that probably more downside holding right now than the reverse.
  13. Dogtania

    Rich parents you never had (Oz again)

    “With our “Rich Parents you never had” competition Porter Davis is raising awareness of the struggles of first home buyers in Victoria and beyond. The huge response to the competition clearly demonstrates that home ownership is a distant dream for thousands of Victorians and that’s a problem that needs addressing urgently.” Porter Davis is offering Smart Living house and land packages of innovatively designed single and double-storey homes with lots of land, developed for first home buyers on a budget. Seems to be legit albeit satirical in how it's presented. Pretty novel way of running a promotion.... And a bit sickening. I think to win the deposit for one of these budget cookie cutter homes you first need to be vetted by them. Doesn't sound so charitable after all.
  14. Maybe different but hearing this reminds me about reading recently on Greece a few years back when they initially joined the Euro. Sounded like corruption/ paying no tax/ fiddling the books was so endemic from top to bottom that it was only through hook and crook that they were admitted in the first place and the Euro chiefs were either negligent or at least made to look like they had the wool pulled over their eyes. Then when in trouble and in order to fulfill conditions Greece basically sold the bail out money and future bail out money for payday cash from American investment banks and the like. All in order to keep the plates spinning and keep those sweet billions from sugar daddy ECB coming in. Maybe slightly different now because the general economic outlook isn't seen as so stellar as the earlier days of the Euro. So indeed the Germans not quite so happy whereas before brushed under the table? Anyway I was shocked reading that in Greece when people were applying for mortgages the banks would themselves inflate the incomes of applicants knowing that everyone under reports/ tax evades. No wonder they could never balance the books! And at the same time here mortgage applicants were doing the exact opposite (liar loans et Al).
  15. Agree with the above, when I saw jack's from Tesco I wondered how on earth it could work. Sure, if it doesn't cost that much and they can steal some of the discounters lowest common denominator customers. But Lidl and Aldi over the last few years have been mixing up their product ranges and I see have a very keen eye on what sells and what price point works. At Christmas they heavily advertise their premium festive range that apparently is usually better than similar from the big supermarkets. Lidl also have regular themed weeks or random products for limited time. Just can't see jack's being the same but as I say they may get some footfall looking for cheap cans of as as soup or value beans? I recently tried Tesco cheap brand ("hearty") cottage pie when doing a yellow sticker shop. Never again - think I managed some of the gravy and mash without gagging on the cheap meat smell, most went in the bin. Should probably stick to budget vegetarian meals if going down that route.