General Discussion: buying shares


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quest
quest avatar

3513 posts since 11/7/11

posted 8 Jun 2020 11:28, edited 8 Jun 2020 11:28
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Blofeld
Blofeld avatar

207 posts since 30/12/15

8 Jun 2020 11:32
sydneyking wrote: The only person I know doing a similar thing, used to wear an old football shirt on nights out, would go home after happy hour, has no Mrs or kids, never went away or did anything much to speak of. I get the wanting to retire early part but I wouldn’t want to effectively right off a decade to do so

I love that wearing on old footie top on nights out is the first thing on this list. Fuk priorities.
sodomgomorra
sodomgomorra avatar

1548 posts since 24/3/14

8 Jun 2020 11:38
Ill have you know that art hoes love my 2005 Fiorentina kit and 90's Isle of Man TT t-shirts.
Dee
Dee avatar

11588 posts since 22/11/07

posted 8 Jun 2020 19:30, edited 8 Jun 2020 19:30
anyone invest in juice, bottles/casks?

https://www.thespiritsbusiness.com/2020/06/lagavulin-and-caol-ila-to-launch-feis-ile-2020-whiskies/

Some previous Laggies as above are around £800+ a bottle these days.
RickRude
RickRude avatar

3468 posts since 13/1/12

8 Jun 2020 21:08
Anyone use CrowdCube before?
Ocin
Ocin avatar

1333 posts since 4/6/04

9 Jun 2020 06:36
Yeah i've used it once to invest in Mr and Mrs Smith a couple of years back.
Peanuts
Peanuts avatar

310 posts since 17/5/08

9 Jun 2020 17:32
Dee wrote: anyone invest in juice, bottles/casks?

https://www.thespiritsbusiness.com/2020/06/lagavulin-and-caol-ila-to-launch-feis-ile-2020-whiskies/

Some previous Laggies as above are around £800+ a bottle these days.

Dee, investment market is panicking at the moment, lot of investors looking to sell casks, etc. Now’s a good time to get in as there’ll be a rebound (Irish market is looking at a 3-4 yr rebound, link to Scottish down below). The return though on a lot of Casks isn’t as big as you’d think and complexities around bond (Scotland less so) and final bottling.

Most distilleries do their own cask programs, look into the more interesting ones (not the me-too’s) as they’ll give the best return long term, Bimber out of London is doing some really interesting laydowns and bottlings.

If you’re just looking at bottles, they’re worth the investment as theres always a private market for them and the aged statements and travel exclusives get snapped up quickly. Look at the Whiskey exchange, etc for selling on.

https://www-insider-co-uk.cdn.ampproject.org/c/s/www.insider.co.uk/special-reports/special-report-whisky-industrys-investors-22160040.amp
Dee
Dee avatar

11588 posts since 22/11/07

9 Jun 2020 19:19
Will check Bimber out, not heard of them. Have a pal buying in to it, vino too and has some good links, seems to be key to get the good stuff on a regular basis but my prob is I like drinking it so thought cask investment could be interesting. Was lucky enough to score a bottle of Chichibu which I've been supping, first one I've seen of this edition sold for £900 the other day so do have some regrets opening it. Since tucked away a few choice bottles away but always tempted to crack the seals. Some of the uplifts are huge, Japanese aged statements have gone nuts.

https://www.whiskay.com/category/asian-whisky/japan/

Peanuts
Peanuts avatar

310 posts since 17/5/08

9 Jun 2020 19:33
Enjoy it, thats a great whiskey, the Japanese have a major supply issue and an issue around provenance as well (a lot of it is being distilled in Scotland and finished in Japan).

That’s the problem with buying for investing, you end up drinking it. Look at some of the more exclusive Irish expressions, Method and Madness, Redbreast Birdcage, etc, the category is grown massively though it’s not helped by McGregors pisswater.

Bimber was set up by a bunch of Polish lads, their distillery is rough and ready though their looking at opening in Speyside of what I hear. If you get a chance go bust them in London, sound lads and you’ll love their set up.
themistake
themistake avatar

10688 posts since 20/2/06

9 Jun 2020 19:39
eazypz wrote: Have seen the Football Index as well and want to give it a go.

How has it worked with the season currently being postponed?

This is the 'footie' which is the FI equivalent to the FTSE.

As you can see there was a very small wobbly when games were shelved, but it's gone from strength to strength since.

Since lockdown I'm up a modest 5% ROI, I'm hoping once the PL starts again I will push on.

It's really not rocket science to be honest with you.
I've spent most the season over trading and just giving my profits back in commission.
I have a much simpler strategy now.

The returns on the top 10 kind of show, it's not rocket science.


I've put more in this thread…
https://www.fuk.co.uk/threads/have_baby_me_baby_be_millionaire_bit_coin_lit_coin_thread/32/


swede
swede avatar

8834 posts since 21/3/09

posted 9 Jun 2020 20:19, edited 9 Jun 2020 20:19
not that anyone cares but I'm moving a portion of holdings from individual equities into funds/bonds. have had a lot of normies popping up and asking me about investing. extremely reminiscent of 2017 crypto crash

also seething BoA moved legal and general to "hold" today Evil
eazypz
eazypz avatar

3190 posts since 16/4/10

9 Jun 2020 20:26
You saving your money from a second crash?
swede
swede avatar

8834 posts since 21/3/09

9 Jun 2020 20:34
would never invest money I wasn't prepared to lose Sticking out tongue just think this recovery is a bit bizarre and a lot of new investors seem to have pushed quite a few meme stocks to very high levels (greggs - how much revenue have they generated over the past few months?)

the recovery isn't all due to new retail investors ofc, its governments injecting tonnes and tonnes of stimulus… there may be another crash, there may not. moving money into safer, risk-averse, bond heavy funds can partially hedge that risk
EssexBoyII
EssexBoyII avatar

6790 posts since 5/6/07

9 Jun 2020 20:54
How much of daddy’s money do you invest per month swede?
Ocin
Ocin avatar

1333 posts since 4/6/04

posted 6 Jul 2020 11:31, edited 6 Jul 2020 11:31
Boohoo shares down over 15% today alone following an undercover Times investigation into its suppliers in Leicester.

Hovering over the buy button but having trouble justifying investing in a company mired in slavery accusations.

Never bought from them. I take it the quality is dreadful? Some of the gear on there is Laughing out loud

TROYBOY
TROYBOY avatar

666 posts since 28/2/12

6 Jul 2020 12:40
only thing i know about BooHoo is there terrible adverts i used to see when commuting to work. They seem to have alot of pop stars/personalities advertising their clobber.
cutandpaste
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584 posts since 11/6/10

posted 6 Jul 2020 13:49, edited 6 Jul 2020 13:49
It is trading at pre-lockdown levels now.
JustinCredible
JustinCredible avatar

2609 posts since 11/6/08

6 Jul 2020 13:52
Fast fashion isn't it, wear it once or twice then throw it away so quality not as important as never being seen in the same garmz twice on your insta feed
swede
swede avatar

8834 posts since 21/3/09

6 Jul 2020 20:47
Ocin wrote: Boohoo shares down over 15% today alone following an undercover Times investigation into its suppliers in Leicester.

closer to 25% at market close Laughing out loud

tbh this whole thing could be very very expensive for them if their whole business model revolves on it (which it almost certainly does). shouldn't underestimate ethical consumers either - I am sure this will put a lot of people off boohoo (if the writing wasn't already on the wall)… although I bet most of the divs who shop there couldn't give a fuck
EssexBoyII
EssexBoyII avatar

6790 posts since 5/6/07

6 Jul 2020 21:01
Would love it if boohoo goes out of business tbh