revtothelimit - motorbike forum

My Nephew put £3k into some crypto or another and is now £11.4k within a year!

Mr. Dazzle wrote: Tue Nov 02, 2021 11:03 am

KungFooBob wrote: Tue Nov 02, 2021 10:56 am I fixed my mortgage for 5 years last month at a very low rate, so I'm feeling smug.

Yeah it's nuts - my first mortgage was 4.89% and I remember loads of people from my parent's generation (which is most of you lot, TBF) telling me that was way lower than they got. I've just re-fixed at 1.14%!

At one point ours was 15% It went down, salary went up, so from living on bread and cheese everything went double-plus good. The place we bought with it went way up (that London) so triple plus-good really.

You can still get 5-6% dividend on some 'safe' shares like Legal and General. Not no risk but not a reckless punt either if you spread the risk.

Taipan wrote: Tue Nov 02, 2021 11:29 am My Nephew put £3k into some crypto or another and is now £11.4k within a year!

You're only up when you cash 'em.

Count Steer wrote: Tue Nov 02, 2021 11:37 am You can still get 5-6% dividend on some 'safe' shares like Legal and General. Not no risk but not a reckless punt either if you spread the risk.

I've got some of them too...

Got savings doing buggery nothing! Got 'safe' funds currently getting single digit percentages. I've also got Tesla which I bought in spring, lost about 20% on and now I'm 70% up! Same with Nvidia, went down loads and now >60% up. Volatile is the word!

Lets not talk about my Deliveroo IPO shares Luckily I only bought £500.

Just checked mine, another £50 this month.

I have a bit in crypto, massively volatile - boom to bust within an hour....

Mr. Dazzle wrote: Tue Nov 02, 2021 12:10 pm

Count Steer wrote: Tue Nov 02, 2021 11:37 am You can still get 5-6% dividend on some 'safe' shares like Legal and General. Not no risk but not a reckless punt either if you spread the risk.

I've got some of them too...

Got savings doing buggery nothing! Got 'safe' funds currently getting single digit percentages. I've also got Tesla which I bought in spring, lost about 20% on and now I'm 70% up! Same with Nvidia, went down loads and now >60% up. Volatile is the word!

Probably time to bank some profits? But if Tesla keep getting orders for 100,000 cars who knows? My chum just bought one of their energy walls too and that business isn't shrinking. Just need Elon to watch what he says.
The problem with 'safe' shares is they can go down in a very slow, 'safe', boring way. Income portfolios always have stuff like Vodaphone in (down 50% over the long run), Glaxo - limped down about 30% then came back up again when the Chief Exec came under pressure from a big investor etc. Odd really, you'd think people would have piled in for the dividends and kept them at least flat. Funny old business is business.

Tesla is a long term thing, I'm not expecting anything like that sort of growth in the long run but i do think they'll do well out of batteries and grid storage over the next 10 years or so.

Nvidia were a total punt 'cause they're making their own chips not just for graphics now - gotta be another long term grower?

Mr. Dazzle wrote: Tue Nov 02, 2021 2:42 pm Tesla is a long term thing, I'm not expecting anything like that sort of growth in the long run but i do think they'll do well out of batteries and grid storage over the next 10 years or so.

Nvidia were a total punt 'cause they're making their own chips not just for graphics now - gotta be another long term grower?

Chips is an interesting one. The shortage has gee'd things up a bit. The uncertainty over Taiwan etc. Probably a good area to analyse but not one I've got enough knowledge on to get involved in for any real £. The markets not going to shrink though!

I won £25 in the October draw! Speedo drive packed up on the scoot this morning and the part is £29 delivered. So although it came in with one hand and went out with another, at least it did to stop me from paying for it! I'll take that as a win still!

£75

Potter wrote: Wed Nov 03, 2021 2:33 am

Mr. Dazzle wrote: Tue Nov 02, 2021 2:42 pm Tesla is a long term thing, I'm not expecting anything like that sort of growth in the long run but i do think they'll do well out of batteries and grid storage over the next 10 years or so.

Nvidia were a total punt 'cause they're making their own chips not just for graphics now - gotta be another long term grower?

What platform do you use for share trading?

Just a stocks and shares ISA, nothing fancy.

Got my Premium Bond win email this morning. Dunno how much but I haven't gone wild yet.

If it's £1M I'll buy a Panigale as a loan bike for forum members.

Taipan wrote: Tue Nov 02, 2021 4:05 pm I won £25 in the October draw! Speedo drive packed up on the scoot this morning and the part is £29 delivered. So although it came in with one hand and went out with another, at least it did to stop me from paying for it! I'll take that as a win still!

Just got notified 2 x £25 wins in Novembers draw!

Potter wrote: Wed Nov 03, 2021 3:04 pm Oh akshirley I did win, £75.
The email hadn't come through so I checked the phone app and it told me.

Can buy a new cardie

Yorick wrote: Wed Nov 03, 2021 3:06 pm

Potter wrote: Wed Nov 03, 2021 3:04 pm Oh akshirley I did win, £75.
The email hadn't come through so I checked the phone app and it told me.

Can buy a new cardie

I just bought some new socks and a hat.

Still don't know what I've won but I'll assume the purchases cost more than I've won.

Count Steer wrote: Wed Nov 03, 2021 3:19 pm

I just bought some new socks and a hat.

So close to Xmas ??

slowsider wrote: Wed Nov 03, 2021 3:25 pm

Count Steer wrote: Wed Nov 03, 2021 3:19 pm

I just bought some new socks and a hat.

So close to Xmas ??

Ho Ho Ho!

The big prize winners are informed on the 1st of the month, you have to wait to the 2nd to find out if you've got £25.

I use the NS&I app to check.

KungFooBob wrote: Tue Nov 02, 2021 10:56 am

Potter wrote: Tue Nov 02, 2021 10:50 am Meanwhile inflation is at something like 4%, rising to 5% soon.
Someone has to put the interest rates up soon and stop printing money or it's going to be worth bugger all.

Buy watches and cars.

They're expecting interest rates to rise this week.

I fixed my mortgage for 5 years last month at a very low rate, so I'm feeling smug.

Or maybe not...

https://www.bbc.co.uk/news/business-59160991