General Discussion: I have 15k(ish) to invest - please advise me!


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jsnldn
jsnldn avatar

283 posts since 20/3/08

30 Jan 2021 18:03
fuck all of them
agentbuca
agentbuca avatar

219 posts since 24/10/06

30 Jan 2021 19:36
Jesus wrote: IG have removed the buy option for $gme and $amc

Buy is there for me
Jesus
Jesus avatar

6071 posts since 7/10/08

posted 30 Jan 2021 20:28, edited 30 Jan 2021 20:28
I got this

unless the wording means, no new accounts can buy GME - just checked, the buy is there for me as well

agentbuca
agentbuca avatar

219 posts since 24/10/06

posted 30 Jan 2021 21:14, edited 30 Jan 2021 21:14
Yeah just got that message too Sad wasn't too interested at buying at this price, but disappointed that they've restricted trading, maybe time to shop around with brokers
ginner
ginner avatar

326 posts since 15/4/14

1 Feb 2021 12:38
In on silver a little bit. Be interesting to see if this is just a good way to lose a few hundred.
Rez
Rez avatar

8703 posts since 5/4/09

1 Feb 2021 12:48
Where/how did you get in on it?
ginner
ginner avatar

326 posts since 15/4/14

1 Feb 2021 13:42
Spread bet through tradefair on a Silver DFT. Only a quid a point at the moment with a stop at 2400 so max £600 downside. If it was to go up to 4000 (currently just below 3000) would be a £1k upside so not mega bucks. Just interested to see what going on.
Sayword
Sayword avatar

5436 posts since 1/4/07

1 Feb 2021 19:20
Silver is manufactured hype so that Hedges can cover their losses in GME.

Word on the Street Citidel, a culprit on the bad side of this fiasco, owns some of the most silver in the world.
toin
toin avatar

2071 posts since 1/4/13

5 Feb 2021 11:22
Beat to death the last few days but the story is amazing still

https://www.youtube.com/watch?v=YFQ-v1jCpF0
swede
swede avatar

9868 posts since 21/3/09

posted 6 Mar 2021 09:06, edited 6 Mar 2021 09:06
swede wrote: mate of mine is well into it and has made a decent return already. I understand most of how it works and am amazed something similar hadn't already been put out there. I don't think it's a pyramid scheme at all - it's just speculation on footballer's performance

One thing I don't understand is where the money that is paid out as "dividends" comes from. Is it from ads or does it come from some of the central transaction fee pot…?

I imagine some footy nerds will be setting up funds you can invest in on the platform soon.. would be cool

How’s football index working out for you this morning Mistake? Cry

Guess I was wrong about it being a pyramid scheme (ie it defo is one) but right about the shady dividends Laughing out loud glad I never went in on it - should never invest in things you don’t understand
timmbo
timmbo avatar

3475 posts since 9/2/10

6 Mar 2021 14:36
I’m selling my flat and moving into rental(s) for 6-12 months to try out new areas before buying.

As a result, I’ll have the deposit sat in my account for that time. What’s the best thing to do with it for that time period? Bear in mind my current investment portfolio is well diversified across several limited edition Grand Seikos, a clapped out Lancia, and a case of half drunk Japanese malt whisky.
Birdman
Birdman avatar

1562 posts since 10/3/10

6 Mar 2021 15:08
We are in a similar boat at the mo Timmbo. Not particularly financially astute, but we have most of it in a few NS&I bond accounts at the mo - easy and so far has paid out about £50-125 a month. Obviously not great, but safe and easy. Better than it sitting in the bank doing nothing, I’m sure others can better advise though.
Dee
Dee avatar

12028 posts since 22/11/07

6 Mar 2021 15:55
Cool…anything like these?

https://www.classic-trader.com/uk/cars/listing/lancia/2000/2000-coupe/1972/209576

https://www.classic-trader.com/uk/cars/listing/lancia/2000/2000-coupe/1972/153015


timmbo wrote: I’m selling my flat and moving into rental(s) for 6-12 months to try out new areas before buying.

As a result, I’ll have the deposit sat in my account for that time. What’s the best thing to do with it for that time period? Bear in mind my current investment portfolio is well diversified across several limited edition Grand Seikos, a clapped out Lancia, and a case of half drunk Japanese malt whisky.
seenmy
seenmy avatar

6656 posts since 17/6/06

6 Mar 2021 17:02
can you not let out your place and then rent where you want to try?

selling and holding money will leave you net worse off 100% unless you put in something high risk and you will pay tax on the interest you achieve also
illwill
illwill avatar

4137 posts since 17/5/04

posted 6 Mar 2021 17:22, edited 6 Mar 2021 17:22
Being a cash buyer and not having cunt tenants to deal with is infinitely more valuable than whatever money you're gonna make renting it out.
Birdman
Birdman avatar

1562 posts since 10/3/10

6 Mar 2021 17:36
illwill wrote: Being a cash buyer and not having cunt tenants to deal with is infinitely more valuable than whatever money you're gonna make renting it out.

This is the case for us - had our place tenanted whilst overseas and needed to get the renters out for our return. 5 years and three kids later the house was too small and wanted to move closer to family.

Where we are renting and looking to buy the market is still crazy. Places selling before we could even get a viewing. Having the cash ready to go was the only real option.
Birdman
Birdman avatar

1562 posts since 10/3/10

6 Mar 2021 17:39
Think landlords have to basically give 6 months notice at the mo due to COVID too (could be wrong).
swede
swede avatar

9868 posts since 21/3/09

6 Mar 2021 19:21
illwill wrote: Being a cash buyer and not having cunt tenants to deal with is infinitely more valuable than whatever money you're gonna make renting it out.

this. you're out of the chain and can move swiftly (given you aim to buy in a year-ish)
MattC
MattC avatar

837 posts since 20/3/12

posted 7 Mar 2021 10:33, edited 7 Mar 2021 10:33
Plus one on the premium bonds. I stuck my deposit money in a couple NS&I accounts in mine and the missus name. Probably made about £750 over 6 months as got lucky a couple of times. Easy to get money out again as well.

Bonus buzz on the second of the month when the draw gets done
seenmy
seenmy avatar

6656 posts since 17/6/06

posted 7 Mar 2021 12:26, edited 7 Mar 2021 12:26
no thoughts on market going up/deposit being worth less in a year than now (could be a big issue if its only 10/20%) market moves 5% , also your not really a cash buyer if you just have a cash deposit, you still in hands on mortgage company and they move the goal posts weekly at the minute… you just have no chain.

maybe im risk adverse , but i know people have sold up and never been able to get back in as the markets shifted in 12 months

if worried about tenant just airbnb it

agree on premium bonds as a ok short term tax free for up to 50k and quick no penalty access will average about 1% and you can always get lucky and win big