Jump to content
DOSBODS
  • Welcome to DOSBODS

     

    DOSBODS is free of any advertising.

    Ads are annoying, and - increasingly - advertising companies limit free speech online. DOSBODS Forums are completely free to use. Please create a free account to be able to access all the features of the DOSBODS community. It only takes 20 seconds!

     

IGNORED

Credit deflation and the reflation cycle to come (part 2)


spunko

Recommended Posts

3 hours ago, nirvana said:

so I'm betting on some profit taking here......O.o 

haha crude shit the bed, thought it was coming :Old:

Had a good clear out, sold that shite Great Panther dogshit too at long last....I was actually up 11% O.o

Gold n Silver bouncing off the lows.....I'll be off looking for more 'micro trading' opportunities :P

Actually it's all v.interesting they keep buying the dips....... o.O

I might start daytrading RDSB.....there was a 50p dip since this morning :Geek:

Link to comment
Share on other sites

  • Replies 35.1k
  • Created
  • Last Reply

OK.... some stupid ‘basic’ question(s) regarding dividends...

 

1. how come so many of my shares have gone ex-dividend today? 

GSK, IMB, BATS, RDSB, BP, ENB, .... is it just a set time? 

2. Also..... if you sell a share ....I assume you obviously get the dividend when it is due as long as you had it at that certain moment before The ex-dividend date, even if you do t have it anymore.

3. Finally the share price of all these dividend paying shares must all surely decline by the dividend they pay or you’d just buy shares for a few hours just to get the dividend. So does that explain the falls today? 

20 years ago I only bought shares for quick capital growth (like Argo this year), so I wasn’t interested in dividends - just making a quick speculative buck.

However now I’m buying and holding long term (20+ years), to gain an income from dividends, and am converting quick big capital gains from growths stocks, into solid ‘vanilla type’, ‘large cap’ dividend paying shares, so I need to get up to speed with this dividend malarkey. Anything else you think I need to be aware of? 

 

 

 

Link to comment
Share on other sites

Companies go ex dividend at lots of different times,just happens some you/we hold went ex divi today.The price tends to open down by the dividend as anyone buying today doesnt get it.Anyone who owns before today gets it.Shares rarely end down the same amount as the divi though,sometimes more,sometimes less.Today for instance they fell more than the divis as its a down day in the markets and dollar earners hit harder due to sterling increasing.

Link to comment
Share on other sites

Mcflation is here!

Just got 20 chicken nugget box (don't judge), now £4.79 up from £4.19. THEN I notice the temporary 5% VAT still in place, so real cost £5.50. 30% increase!

Link to comment
Share on other sites

1 minute ago, Barnsey said:

Mcflation is here!

Just got 20 chicken nugget box (don't judge), now £4.79 up from £4.19. THEN I notice the temporary 5% VAT still in place, so real cost £5.50. 30% increase!

The price of maccydees is ridiculous. I was going to have a double big mac when I saw them advertised, just for a trip down memory lane. Fucking £4 just for the burger. I'm not paying that they can fuck off. 

Link to comment
Share on other sites

35 minutes ago, Barnsey said:

Mcflation is here!

Just got 20 chicken nugget box (don't judge), now £4.79 up from £4.19. THEN I notice the temporary 5% VAT still in place, so real cost £5.50. 30% increase!

Well that's a no for takeaway food from me then.

The VAT cut was passed to help shop sell volume to keep them afloat.

So, care to mention what franchise this was?

Link to comment
Share on other sites

1 hour ago, Calcutta said:

The price of maccydees is ridiculous. I was going to have a double big mac when I saw them advertised, just for a trip down memory lane. Fucking £4 just for the burger. I'm not paying that they can fuck off. 

Everyone knows that you should only buy off the pound saver menu. Two double cheeseburgers; large fries and can of Coke from the corner shop will set you back around a fiver. That’s reasonable value if you’re out and about and need sustenance.

Link to comment
Share on other sites

Ebay purchase turned up today in the post. Nice addition to my collection and a change from coins.

King Canute 2oz silver ingot. Lovely and heavy in the hand. Might keep an eye out for any more (at the right price)

 

 

IMG_8674.thumb.JPG.6a38910352aaf701a6c7d2eead6cdc4f.JPG

Link to comment
Share on other sites

1 hour ago, Barnsey said:

Mcflation is here!

Just got 20 chicken nugget box (don't judge), now £4.79 up from £4.19. THEN I notice the temporary 5% VAT still in place, so real cost £5.50. 30% increase!

Don't worry, a little bit of statistics magic and that inflation rate will be right back down to 2%.  #let them eat flatscreen tv's

Link to comment
Share on other sites

25 minutes ago, Sasquatch said:

Ebay purchase turned up today in the post. Nice addition to my collection and a change from coins.

King Canute 2oz silver ingot. Lovely and heavy in the hand. Might keep an eye out for any more (at the right price)

 

 

IMG_8674.thumb.JPG.6a38910352aaf701a6c7d2eead6cdc4f.JPG

I’ll just add to this. Did a test purchase post 2021 with x2 10oz 2020 Queen Beasts (Yale’s had only just come in stock) on Silver to go and coin invest.

Upon putting £1k+ in your basket a customs handling charge is applied. Below that that charge is removed.

UPS required however that the VAT however to be paid before delivery. If you look on EBay now you’ll see the explosion in prices for these coins. Now people will have to pay the charges as well the collectibility value, I’m glad I’ve got multiples of the whole series and also loaded up on Britannia’s in the last few years. :)

I have a feeling now I’m going to get a lot of competition on pre 1920 silver coins and sterling silver candlesticks and fruit bowls below spot. I’ll have Dosboders encroaching on my patch as well as in the Lidl and Aldi food bins!

Link to comment
Share on other sites

Bobthebuilder
27 minutes ago, Castlevania said:

Everyone knows that you should only buy off the pound saver menu. Two double cheeseburgers; large fries and can of Coke from the corner shop will set you back around a fiver. That’s reasonable value if you’re out and about and need sustenance.

If you are on the road working, the breakfasts they do are good value IMHO.

Link to comment
Share on other sites

6 minutes ago, Bobthebuilder said:

If you are on the road working, the breakfasts they do are good value IMHO.

Sausage and egg Mcmuff. It's the dream. 

Link to comment
Share on other sites

16 minutes ago, Lightscribe said:

I have a feeling now I’m going to get a lot of competition on pre 1920 silver coins and sterling silver candlesticks and fruit bowls below spot. I’ll have Dosboders encroaching on my patch as well as in the Lidl and Aldi food bins!

Believe it or not, the ebay seller effectively paid me £120 to take it off his hands. One of those really odd auctions starting at 99p. Now and then I'll have a look at what's ending in antiques on ebay. I managed to bag the ingot (66g) and another 350g of hallmarked silver (mustard pots, knives, pepperette etc) for £84 + £3 postage. 

Don't worry there's plenty of it to go around :D

Link to comment
Share on other sites

8 hours ago, JMD said:

Sorry Harp - I guess everyone's definition of 'cash' is different. What I mean is i had assumed (incorrectly?) that the cash payment was in form of bank transfer (from buyers own cash savings) and also would be visible to your conveyancing solicitor. I'm no legal expert, but I think large cash payments are still legal so long as the buyers solicitor has ascertained where the cash came from, which is just a case of using a simple form (or used to be), and your own solicitor would have asked for a copy of this information.                                                          However, if we are talking about a guy who has 100k lying around the house, then might need a rethink.                                                                                                                                                                                          What does the guy do for a living? He doesn't happen to be an 'asbestos engineer' does he?!? (absolutely no offence intended to other dosboders past or present!!!)

Large cash payments between individuals are still legal as long as you are getting fair value (i.e. you are not doing funny things with value to evade tax or to hide money).  A family member sold a house to a known crime family about 20 years ago; both solicitors knew the family was bent as fuck but the sale still went ahead (guessing our solicitor would have also reported to the authorities).

If you're in a regulated business, lots of restrictions on cash etc now.

But - if this guy is slightly dodgy, that ups the risk substantially that he tries to rip you off.  Use a lawyer.

Link to comment
Share on other sites

2 hours ago, Barnsey said:

Mcflation is here!

Just got 20 chicken nugget box (don't judge), now £4.79 up from £4.19. THEN I notice the temporary 5% VAT still in place, so real cost £5.50. 30% increase!

Kippers were £1 in Iceland two weeks ago,£1.25 now,25% increase.Iv been stocking up on long dated tins like stewed steak,corned beef,chicken in white sauce etc,everything i use in home made pies before they move higher xD

Service industries are going to be in huge trouble,as are the people who cant cook and use these places all the time.Once inflation moves it feeds itself and more input costs the worse it gets.

Iv noticed much less coming on Facebook marketplace as well.Could be because of lockdown but im struggling to get a good food processor for £25.

Link to comment
Share on other sites

13 minutes ago, wherebee said:

Large cash payments between individuals are still legal as long as you are getting fair value (i.e. you are not doing funny things with value to evade tax or to hide money).  A family member sold a house to a known crime family about 20 years ago; both solicitors knew the family was bent as fuck but the sale still went ahead (guessing our solicitor would have also reported to the authorities).

If you're in a regulated business, lots of restrictions on cash etc now.

But - if this guy is slightly dodgy, that ups the risk substantially that he tries to rip you off.  Use a lawyer.

Solicitors will inspect your arse with a magnifying glass over any large cash transaction here now, there is no escape.

Australia may still turn a blind eye (Crown Casinos, anyone?).

Link to comment
Share on other sites

Bobthebuilder
54 minutes ago, Popuplights said:

Sausage and egg Mcmuff. It's the dream. 

Kept me going for years that stuff.

I see repsol might get a bid? I am up 40%, does not feel right topping up at these levels. What do other folk do?

Link to comment
Share on other sites

i might try it on, ive got 4 repsol shares so ill just say im a majority shareholder, you know how those lazy spanish guys are asleep half the day so ill try it on a hot sunny afternoon in madrid sometime.

Link to comment
Share on other sites

1 hour ago, Popuplights said:

Sausage and egg Mcmuff. It's the dream. 

Breakfast of Champions! 

Sausage & egg McMuffin’s are available all day in Singapore.

Edit: and Hong Kong. Probably all of Asia.

Link to comment
Share on other sites

Talking Monkey
52 minutes ago, DurhamBorn said:

Kippers were £1 in Iceland two weeks ago,£1.25 now,25% increase.Iv been stocking up on long dated tins like stewed steak,corned beef,chicken in white sauce etc,everything i use in home made pies before they move higher xD

Service industries are going to be in huge trouble,as are the people who cant cook and use these places all the time.Once inflation moves it feeds itself and more input costs the worse it gets.

Iv noticed much less coming on Facebook marketplace as well.Could be because of lockdown but im struggling to get a good food processor for £25.

 A bloke I know flush with redundancy money was talking about buying a takeaway that is up for sale, I explained even though its doing well now it probably won't be the case in 3 years due to inflation. 

Link to comment
Share on other sites

23 minutes ago, Talking Monkey said:

 A bloke I know flush with redundancy money was talking about buying a takeaway that is up for sale, I explained even though its doing well now it probably won't be the case in 3 years due to inflation. 

If it is so successful, why is it for sale?

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    • No registered users viewing this page.

×
×
  • Create New...