Stock market dealing

[blup]

OK slightly provocative, it's a matter of choice, but bricks and mortar has a durability that a piece of paper doesn't.

Blup

 

[JohnD]

bricks and mortar has a durability

Prices, however, vary.

 

[Odds]

Is the SM doing anything weird since it all kicked off in Israel?

 

[Odds]

The short answer is no...

The turmoil in the Middle East continues to weigh on global markets, as Israeli warplanes bombed Gaza ahead of a possible ground assault. European markets are mixed: the FTSE 100 index in London and the Dax in Frankfurt are flat, while slowing growth at luxury goods group LVMH has pulled the CAC in Paris 0.6% lower, and the FTSE MiB in Milan has edged up 0.2%.

and this nugget can fit right in...

The Organisation for Economic Cooperation & Development (OECD) said on Wednesday that a fresh analysis of its plan showed as much as $32bn could be raised, up from an estimate in 2020 that the tax would would raise a maximum $12bn.

Wrangling over the details of the deal prevented the OECD from co-ordinating a signing ceremony last year, and sceptics believe the lobbying by low-tax jurisdictions like Ireland and Luxembourg and the digital business that will be hardest hit by the new rules will delay its implementation further.

And a heads up for the builders...

Britain’s biggest supplier of building materials, has downgraded its annual profit forecast by as much as 27%, as it blamed tough conditions in the new-build housing and home renovation markets. Its share price fell 10% on the news. However, Travis Perkins, which owns Toolstation, remains confident in the long-term outlook, saying Britain needs more homes while older houses and buildings will need to be revamped to make them net zero.

All you need to do is vote in a Labour government next year to Build Britain Better.

 

[Justin Passing]

Investing in stocks and shares is for the wealthy with the ability to invest long term, or those with insider knowledge, bit like horse racing. Property is a much better bet for capital and income returns

Blup

Sorry to be s blunt old chap, but uncharacteristically, the comparison with a horse race is absiolute rubbish.
WIth a horse you have a stationary object you put your faith in, and can't do anything until the end of the term.
With the stock market, you can see all the horses running, before you place your money to pick which you like, of as many as you like. They aren't even in competition with each other (broadly).
If yours slows down, you switch to another, or pull out to cash. You can stop while you're ahead. You can lock in most of your gains in case of a market fall.

For example, oil keeps going up by 5% or so like it did today. So I took the 5% and sold in case of a drop over the weekend. If it's flattish or rising Monday morning, money can go back on. If the price does what it did today, it'll go up something like 3% then auto-sell at about a 0.5% drop, or I'll get a notification if I'm available, at say 0.2%. Then you set it to rebuy just after the bottom of the dip. Rinse and repeat. I checked, it was 4.9%. today. How long des it take your savings account to get 4.9%?

 

[Justin Passing]

That's an interesting opinion.

Do you think an index tracker needs insider knowledge?
(Spoiler - it doesn't)

If you are a homeowner with a mortgage, you might have 500% of your wealth invested in UK domestic property.
Have you heard of diversification?

JD hasn't a clue, don't listen to him.
Contrary to what he wrote before, there are thousands of indices, not one. Many are poor.
It doesn't need insider knowledge, just a bit of checking.

The stock market is pretty god for diversification, unless there's a world-shocking crash. You can buy bond stocks, dividend stocks, all sorts.
With profits I made and have no use for, I bought another HMO. Someone else does all the work with managing, decorating and tenants etc, and I get 5.85%, plus the appreciation of the building, which I bought because the previous owner had a mortgage he couldn't afford. The manager put the rents up -gets a better class of tenant so I'm not bothered.

You don't need to buy and sell very often to outstrip any index. EG M & S shares have been going up and down in a cycle of a few weeks for a while. I don't have exact numbers handy, but you buy low and sell high. If you'd started a couple of months ago you'd have made about 30%.
Good time to buy about now, by the way. They went up the last two cycles 6% and 10%, and down again. So I made 6% + 5% and 10% + 9%. (You "Short" them while they're falling, but there's a small charge, hence it's less). If you use what's called leverage you can use 5x less capital to do it.
Or you can put the cash somewhere else if you find something suitable. Web forums are full of suggestions. Something approching its Ex Div date will rise more than average.

 

[Justin Passing]

Is the SM doing anything weird since it all kicked off in Israel?

OIl went up immediately, and stocks in an Israeli company which makes militart drones, went into orbit!
NOt much else. SMs do well in wars, perhaps surprisingly.
There is genuine concern that Ukraine + Middle East + maybe Taiwan/China could bring the whole edifice down. Hence right now, Friday eve, I have nothing invested on the SM. If a couple of large banks crash I'll still have some property.

 

[Justin Passing]

OK slightly provocative, it's a matter of choice, but bricks and mortar has a durability that a piece of paper doesn't.

Blup

Have you see what's happened to house prices? Needs bloody maintenance, too, hence owning the title and a few contracts for theat new HMO and not having to bother about the bricks. You weren't serious about pieces of paper, were you. They don't use those much any more .

 

[Munroast]

OK slightly provocative, it's a matter of choice, but bricks and mortar has a durability that a piece of paper doesn't.

Blup

Need to be careful though - when labour gets in, and get their paws on the 'Nom Dom Money', they are going to build millions of new houses (probably many 8 beds with swimming pools especially for the migrants and their big families{1}) So house prices could fall!

there must be a lot of 'Nom Dom Money' millions of new houses, save the NHS, fund law and order, let out all the prisoners, unquestionable benefits so nobody needs work again, new roads everywhere, HS2 + 3 +4, environment saved, its going to be just brilliant under labour. All with Nom Dom Money - BRILLIANT


[1], by big families I mean numerous, I'm sure many british families will be much bigger, but less numerous. (diet anomaly)

 

[Justin Passing]

Ol just went up because some russian oil was found to be breaking sanctions. The SM kwadoonked the other day because there was a bond auction in the US. I don't quite understand it, but the bonds didn't sell, which is bad for their Fed, which depressed the markets. SOmething like that.

 

[Justin Passing]

Need to be careful though - when labour gets in, and get their paws on the 'Nom Dom Money', they are going to build millions of new houses (probably many 8 beds with swimming pools especially for the migrants and their big families{1}) So house prices could fall!

there must be a lot of 'Nom Dom Money' millions of new houses, save the NHS, fund law and order, let out all the prisoners, unquestionable benefits so nobody needs work again, new roads everywhere, HS2 + 3 +4, environment saved, its going to be just brilliant under labour. All with Nom Dom Money - BRILLIANT


[1], by big families I mean numerous, I'm sure many british families will be much bigger, but less numerous. (diet anomaly)

Labour will be harder on the empty house owners in London , so that will depress the top end.
The averages have been dropping for months now: The figures are 12month changes, ie year March to March, etc.

The only thing which seems t be pretty sure id that we'll have inflation for a long time. The Fed and B od E bosted it by ntot putting interests rates up early enough, on purpose. Inflation reduces debts, relatively.

The US is very out of control. Nobody has an answer. Their interest payments bill (on those bonds they can't get rid of) is so high it's large in comparison with their defence or healthcare budgets. IN a few years it'll overwhelm them both. The trad way to help is increase growth, but that only takes you so far, even if you can achieve it.
INflation of several percent for several years seems likely, apparently. You just can''t play the game forever. UK isn't as deep, but we're in the same boat.

 

[blup]

JD hasn't a clue, don't listen to him.
Contrary to what he wrote before, there are thousands of indices, not one. Many are poor.
It doesn't need insider knowledge, just a bit of checking.

The stock market is pretty god for diversification, unless there's a world-shocking crash. You can buy bond stocks, dividend stocks, all sorts.
With profits I made and have no use for, I bought another HMO. Someone else does all the work with managing, decorating and tenants etc, and I get 5.85%, plus the appreciation of the building, which I bought because the previous owner had a mortgage he couldn't afford. The manager put the rents up -gets a better class of tenant so I'm not bothered.

You don't need to buy and sell very often to outstrip any index. EG M & S shares have been going up and down in a cycle of a few weeks for a while. I don't have exact numbers handy, but you buy low and sell high. If you'd started a couple of months ago you'd have made about 30%.
Good time to buy about now, by the way. They went up the last two cycles 6% and 10%, and down again. So I made 6% + 5% and 10% + 9%. (You "Short" them while they're falling, but there's a small charge, hence it's less). If you use what's called leverage you can use 5x less capital to do it.
Or you can put the cash somewhere else if you find something suitable. Web forums are full of suggestions. Something approching its Ex Div date will rise more than average.

You're describing a game, playing the stock market, shorting, all examples of where money for the sake of money leads to important employment providing companies being asset stripped for profit. If I go shopping
Im not interested in comparing the prices at five different supermarkets.

Blup

 

[JohnD]

Nice to see Justin spouting garbage again.

 

[Justin Passing]

You're describing a game, playing the stock market, shorting, all examples of where money for the sake of money leads to important employment providing companies being asset stripped for profit. If I go shopping
Im not interested in comparing the prices at five different supermarkets.

Blup

That's the way the world works, to the extent that it works around money. MOney isn't something just for getting a house to live in or food on the table, for the machinery of living. It's manipulated, used, controlled by people who know how. If I at my tiny level can click some buttons and accumulate more of it that I ever could with an "honest day's work", the whole fabric which maintains us is a farce.
It's like a disease that's being supported by the organism which needs it to survive.

It's illustrated by the Marks and Sparks shares. It's an undeerwear shop as far as it has entered my life, but with a few clicks a month I can earn more than any bank or building society would give me. This is not high finance. It may upset JD who squirms in his own slurry of disdain and bitter ignorance, but it's true.
I prove him wrong time and again, and he just shows us what he's made of.

This is the M&S chart for the past few weeks. The candles are 4 hours wide, so there are 2 to a working day.
At buy or sell times you look at it on a 1 hour or other scale.
The box is about 5% high. All the six legs are more than 5% high, some nearer 10. I was a bit late on the third B.
I bought originally at the same price the stock is at now, part way up the first rise.
The last order with the dotted line, is still open, set to close at the end of the dotted line, far right. (Automatically, unless I change it).

So by Buying and Selling anywhere near the areas indicated, you come out over 30% up. At all stages there are "stop-losses" set in case of a reversal. You could lose a small percentage if things went wrong - but the point is, only of the current trade, and most of the time it doesn't. It's just a cost of doing business, just like a shop buying CHristmas stock that doesn't all sell and some has to be dumped.
I only used 5K for this one, which gets leveraged to be 25K of shares.
After the first Buy, the next order pairs were done at the same time. I delayed on the 6th so there are two actions there, one S, a later Short-S at the top of the dotted line. Now I'm waiting, the final leg is running at a 10% gain.
The difference between a Buy and a Sell-Short is just a different box to click. It seems odd at first.
[ I explained earlier, but it's like you borrow the stock and sell it at the current high price, then buy the same amount of stock when the price is lower, and give it back to the person you first borrowed it from. May take a while to get your head round.]

SO so far I have about a 35% return on M&S. 35% of 25k is 8750, using 5k of money.
That's around 175% gain, in 2 months, while the SM isn't doing very well, overall.
NoNote that there is no overall gain in the stock price. All it took was looking for the period of the waves, and a stock with a decent rise & fall.
About 8 visits to the trading platform, spread over 2 months, earning me over £1000 on each visit. I did it as a trial. It's called Swing Trading, and is a lot less frenetic than other methods.
BIg boys put a couple of zeroes after the £5k, so they make 875000 on the 500k house inheritance from JD turnng it into 1375000, and wonder why the proles go out to work.
You can automate it, which I don't do beyond the next one or two trades. You can also set alarms on price.

 

[Justin Passing]

JD your postings are simple dumb factless and brainless trolling, aren't they? Shame on you and the forum.