How do you invest the money you make?
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- Posts: 165
- Joined: Thu May 09, 2013 5:57 pm
I get aviva to do mine stocks and shares ISA have two one for me one for the wife well in front 8% per year since 2018.
- JackRussel
- Posts: 4
- Joined: Tue Oct 26, 2021 12:53 pm
Oh these laws.... They even want to take money from pensioners. They don't have much left to live for, and the capitalists will take theirsHorseDark wrote: ↑Thu Oct 28, 2021 3:23 pmIf you are a retiree and hold shares outside of a pension or an ISA, you still have to pay capital gains tax for those shares.JackRussel wrote: ↑Thu Oct 28, 2021 2:31 pmOh, how many delays there are with these taxes. I'd rather read an article on how not to pay taxes And the very beginning of the article says that unless I'm a retiree or Isa, I have to pay taxes. How about registering my trade to a retired grandfather?
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
Does anyone know of a safe harbour for your money outside of the European banking system?
- MobiusGrey
- Posts: 294
- Joined: Fri Nov 23, 2018 8:10 pm
Buried in the back gardenShaunWhite wrote: ↑Fri Feb 25, 2022 1:06 pmDoes anyone know of a safe harbour for your money outside of the European banking system?
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
I haven't organised my new back garden yet. And I'm not sure customs will let me through with a wheelbarrow full of money and a spade. I think I might have had a road to Damascus moment about bitcoin.MobiusGrey wrote: ↑Fri Feb 25, 2022 2:50 pmBuried in the back gardenShaunWhite wrote: ↑Fri Feb 25, 2022 1:06 pmDoes anyone know of a safe harbour for your money outside of the European banking system?
CashShaunWhite wrote: ↑Fri Feb 25, 2022 3:00 pmI haven't organised my new back garden yet. And I'm not sure customs will let me through with a wheelbarrow full of money and a spade. I think I might have had a road to Damascus moment about bitcoin.MobiusGrey wrote: ↑Fri Feb 25, 2022 2:50 pmBuried in the back gardenShaunWhite wrote: ↑Fri Feb 25, 2022 1:06 pmDoes anyone know of a safe harbour for your money outside of the European banking system?
Requires wheelbarrow to move
Can't be backed up in a second location
Stopped by customs
More prone to inflation since it is constantly printed
Crypto
Fit as much money as you want onto a pendrive
Can be backed up in a second location
Customs won't see it
Risky?
Privacy coins
^ Same but can't be tracked or checked
Otherwise there are precious metals or collectibles https://ludkinsmedia.com/holy-grail-pok ... t-auction/
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
Thax Alex. All fall outside of regular banking but only crypto solves the additional requiment of use/export out of the UK. Customs have limits on cash, jewellery, art etc (laundering regs) . I think the way to be insulated against hacking/downing of the European banking system is probably just to use an offshore bank, maybe even a US or Far Eastern bank but I'm not sure yet how to arrange one.
Just open a HSBC US bank a/c or buy Gold.ShaunWhite wrote: ↑Sat Feb 26, 2022 5:34 pmThax Alex. All fall outside of regular banking but only crypto solves the additional requiment of use/export out of the UK. Customs have limits on cash, jewellery, art etc (laundering regs) . I think the way to be insulated against hacking/downing of the European banking system is probably just to use an offshore bank, maybe even a US or Far Eastern bank but I'm not sure yet how to arrange one.
You could also invest in Medellin property
Anyone that bought Nvidia over last 2-3 yrs sitting on a pile of profit as Nvidia market cap now greater than ALL Chinese stock market.megarain wrote: ↑Thu Nov 04, 2021 2:32 pmUpdate as to tech rally.
Can’t help thinking u can own 5 or so stocks and forget
Long : Nvidia (rocket ship) (June 1 price 356, July 1 price - 382) Nov 4 - after 4-1 stock split in June, they now 284 - up 97% in last yr
Tesla .. same (June 1 price, 86, July 1 price -120 - split - up 193% in last yr
Microsoft June 1 - 18386, July 1 - 20500 - now $335 - up 55% in last yr
Shopify .. all star - June 1, 74, July 1 - 98 - now 1525 - up 54% in last yr
Amazon .. same - June 1, 25200, July 1, 28400 - now 3460 - up 7% in past yr
Apple .. June 1, 32700, July 1, 36300 - 152 after split - up 32% in past yr
Have now 5% of the portfolio in Etherum/Cardano/Bitcoin.
DYOR
Microsoft dominating AI space and worth 2.6 trillion market cap.
Tesla went from market cap of 50B to 600B - Musk got compensation package of 56B nullified by courts as being too much.
You can argue the world has gone mad - but these tech stocks are going no-where
Just for clarity
Nvidia share price up 1,734% last 5 yrs - now 721 (think there was some stock splits along the way) 1.1 trillion market cap
Tesla share price up 800% last 5yrs - now 188 (also stock splits) 690B market cap
Microsoft share price up 280% last 5 yrs - now 418 (2.6 trillion market cap)
Shopify share price up 363% last 5 yrs, now 90
Amazon share price up 115% last 5 yrs - now 173 (1.4 trillion market cap)
Apple share price up 339% last 5 yrs - now 188 (2.8 trillion market cap)
Crypto space generally done v well. The investments Sam Bankman-Fried made in Solana/AI have now made whole all the losses. - he might only get 10 yrs in jail.
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Anyone still buying US shares?
With car/credit card/student loan repayments at all time high, when will this boom/money printing end?
With car/credit card/student loan repayments at all time high, when will this boom/money printing end?
There is no market I would rather be exposed to.
India ETF's have done well - but USA approaching election cycles seem pretty good to me.
India ETF's have done well - but USA approaching election cycles seem pretty good to me.