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>> No. 8117 Anonymous
6th January 2021
Wednesday 8:22 am
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Several lads here seem to have a grasp of investments and so on. Do any of you have a regular income outside "earner income"? What kind of category does it fall into, and how did you come into it?

I had a nice image, but brian isn't playing ball today. It's a list of different (very broad) types of income:
1 Earner income : work a job
2 Profit income : buy and sell
3 Interest income: lending money
4 Dividend income: owning stock
5 Rental income: renting out property
6 Capital gains : assets increase in value
7 Royalties: others use your work
703 posts omitted. Last 50 posts shown. Expand all images.
>> No. 9728 Anonymous
8th August 2023
Tuesday 2:26 pm
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>>9726
I didn’t realise my anus also posted here. Although it does explain a lot, with hindsight.
>> No. 9729 Anonymous
8th August 2023
Tuesday 3:23 pm
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>>9727
To be fair you can buy vegan toilet paper from Waitrose these days.

Plenty of other bamboo brands are practically online-only however.
>> No. 9730 Anonymous
8th August 2023
Tuesday 4:08 pm
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>>9729

Ok I'm out. It's annoying enough when people are vegan, but now they have to wipe what comes out the other end with vegan toilet paper as well?

Also, how isn't all toilet paper vegan already. It's not like you mix in ground up chicken feet with the cellulose that goes into making it.
>> No. 9731 Anonymous
8th August 2023
Tuesday 4:34 pm
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>>9730
Lots of things aren't vegan. Vegans shouldn't eat lemons because shellac is used on the peel. Lots of alcohol isn't vegan because it'll contain isinglass or about half a dozen other animal products; sometimes apple juice isn't vegan. Paper generally isn't vegan if it contains glue and a lot of the dyes to bleach it white contain animal products. Vegans can't go paintballing because paintballs generally contain gelatin. Tattoo ink generally is made from bones. Cola and other soft drinks are generally coloured with dyes made from insects. The new £ notes aren't vegan because they contain tallow. Almost every breakfast cereal that has been fortified contains lanolin. I don't think most condoms are vegan either.
>> No. 9732 Anonymous
8th August 2023
Tuesday 4:45 pm
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>>9730
The big conglomerates often won't reveal what animal derived materials are used in manufacturing but some including Proctor & Gamble certainly confirm they are present. Gelatin is a commonly cited possibility.
>> No. 9733 Anonymous
8th August 2023
Tuesday 5:19 pm
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>>9731

Then why limit nearly all your consumer choices because they aren't vegan.

If we're really nitpicking, then my car isn't vegan either because it's got leather seats. And the petrol it uses comes from ancient dead animals. Those poor dinosaurs that had to die just so you and I can put petrol in our cars.
>> No. 9734 Anonymous
8th August 2023
Tuesday 5:36 pm
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>>9733
If you're going to go through a lot of toilet roll in your life then it makes sense to go with something more aligned with your beliefs.
>> No. 9735 Anonymous
8th August 2023
Tuesday 5:41 pm
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>>9734

Maybe then I just don't go through enough toilet paper.

It could be because I'm not full of shit.
>> No. 9736 Anonymous
8th August 2023
Tuesday 5:49 pm
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>>9731
Have they considered not rendering their lives entirely devoid of fun?
>> No. 9737 Anonymous
8th August 2023
Tuesday 5:51 pm
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>>9733
Thankfully they can use electricity, as coal is plant-based.
>> No. 9738 Anonymous
8th August 2023
Tuesday 6:01 pm
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>>9737

>as coal is plant-based.

Acktchually it's not entirely plant based.

https://education.nationalgeographic.org/resource/fossil-fuels/

>Fossil fuels are made from decomposing plants and animals.


Also though, I think we're down to about 2 percent of electricity in the UK now coming from coal. I remember reading that it's been reduced considerably in the last ten years or so.
>> No. 9739 Anonymous
8th August 2023
Tuesday 6:08 pm
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>>9736
Many vegans don't really care about animals, they just enjoy being difficult.
>> No. 9740 Anonymous
8th August 2023
Tuesday 6:15 pm
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>>9739

In a nutshell, yes.

With many of them it's more about perceived moral superiority.
>> No. 9741 Anonymous
8th August 2023
Tuesday 8:35 pm
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>We’ve made the decision to restrict non-GBP funds where the fund manager applies a foreign exchange commission charge, including those listed above. The fund manager does not offer an equivalent GBP version of the fund. This means that you can continue to hold your existing non-GBP fund but will not be able to make any further purchases of it through our platform.

HL is just taking the piss now. I specifically hold this fund because it's cheaper than the comparative ETF and the manager gets results. It's not even like they don't do everything possible to keep users from holding ETFs.

What's going on, are brokers getting worse over time or is this some scheme to manage the countries Fx?

>>9738
Coal comes from dead forest or more specifically it comes from the Carboniferous Period when the Earth was packed with hot swampy forests - with a side of giant fuck off bugs flying around. It forms when dead plant matter accumulates at the bottom of a swamp.

It's vegan but I suppose it may contains traces of animals. So imagine Jurassic Park only all the dinosaurs have black lung instead of tasting like maple syrup.
>> No. 9742 Anonymous
10th August 2023
Thursday 11:55 am
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>>9701
> Have you actually made money with these microcaps?

No I have not. I'm down probably a few hundred pounds.

I limit my "investment" in them to small amounts (normally £100 a stock) and consider it fun gambling / learning experience. My "normal" portfolio is entirely funds/trusts/big caps.
>> No. 9743 Anonymous
10th August 2023
Thursday 11:10 pm
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>>9742

>I limit my "investment" in them to small amounts (normally £100 a stock) and consider it fun gambling / learning experience

I don't see the fun in predictably losing money. Fine, if you treat it like the stock trading equivalent of fruit machines, why not. But I can think of more fun ways of blowing 100 quid.

It's hard enough these days to turn a profit on a large cap, so why make it worse by pissing money up the wall with microcaps. And about the only thing you can really learn from trading them is that they're an even faster way of losing money.
>> No. 9744 Anonymous
11th August 2023
Friday 12:14 am
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>>9456
>Rolls Royce

>>9743
>It's hard enough these days to turn a profit on a large cap

It is not.

Y'all just eating too much meat and dairy to pay attention.
>> No. 9751 Anonymous
16th August 2023
Wednesday 7:18 pm
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Thinking about BARC again. It looks undervalued to me at 145.14p with P/E 4.66 and a 5% dividend that's liable to get higher. I might go in at the end of the month - UK banks in general seem undervalued.
>> No. 9752 Anonymous
16th August 2023
Wednesday 9:33 pm
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>>9751
I think that's a good call.
>> No. 9753 Anonymous
17th August 2023
Thursday 12:05 am
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Why can't I pay into two s&s isas in the same year?
>> No. 9754 Anonymous
17th August 2023
Thursday 12:49 am
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>>9753
Because outside of tax fraud I'm not sure why you would need to? Branch out into an Innovative Finance isa and let us know how your journey goes.
>> No. 9755 Anonymous
17th August 2023
Thursday 10:35 pm
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>>9753

I imagine it was something the banks managed to get written into the regulation when ISAs first got invented, to reduce competition (and perhaps make it easier for HMRC).

You can pay into two ISAs in the same year, anyway, you just can't have more than one active at a time. So you can close one and transfer it to a new one at a different provider.
>> No. 9756 Anonymous
6th September 2023
Wednesday 12:11 pm
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>>8124 here. It's £40k now.

Somebody help me, I can't seem to get off my arse and invest it.
>> No. 9757 Anonymous
6th September 2023
Wednesday 6:10 pm
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>>9756
Fucking hell, what current account are you using?

If you're really lazy:
1. Go: https://www.vanguardinvestor.co.uk
2. Set up an account and deposit monies
3. Target whatever life strategy/retirement/sustainability mix: https://www.vanguardinvestor.co.uk/what-we-offer/all-products
4. Remember to keep some money in as cash to cover monthly fees
4. Profit

Obviously the smart thing to do would be to set up a Lifetime ISA (4k limit per year + 1k gov bonus) if you want a buy a house, and then fill up a stocks and shares ISA which will save you a few quid once you start selling investment to withdraw profits - rather than the taxman robbing it to fund Styrofoam schools and novelty face masks.
>> No. 9758 Anonymous
7th September 2023
Thursday 11:41 am
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Thinking of going balls deep into the Digital 9 Infrastructure investment trust.

https://www.hl.co.uk/shares/shares-search-results/d/digital-9-infrastructure-plc-ord-npv

It's trading at a 45% discount to the net asset value, meaning the dividend yield is over 10%, because sentiment on infrastructure investments has taken a massive hit.
>> No. 9759 Anonymous
8th September 2023
Friday 1:04 pm
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>>9758
I wouldn't. The longer term risk is the liabilities it holds but even in the short term:

1. It's September and it looks like this one won't break with tradition.
2. Data infrastructure will absolutely moon with demand but you won't see the shortage bite until further down the line.
3. The first mover for this would be the government pulling it's finger out and supporting the UK sector but there's a spending review coming up so expect fuck-all to be announced until next year.
4. No fucking way it can maintain a 10% divvie.

I'd wait until at least mid-late October and see what happens. Your biggest risk now would be if they announce a cut to the dividend the market is pricing for and the shift in leadership this year really was the rats jumping ship before it goes under.

If you're interested in data then Amazon put a lot of money into data infrastructure prior to the AI craze that is proving to be an amazing bet.
>> No. 9760 Anonymous
8th September 2023
Friday 1:21 pm
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>>9759

>1. It's September and it looks like this one won't break with tradition.

We're only a few trading days into September. Nobody knows if this is going to be another difficult September for stocks. Some statistics leave hope that this time could be different. One statistic I saw argued that Septembers have been strong in years where the S&P climbed more than 10 percent (or something) YOY from August of the last year. This is the case this year, we were up 25 percent YOY at the end of August of 2023.

That in itself could be cause for concern, but if we count from the beginning of 2023, it's only 19 percent. Which is still a sizeable rally, but not unheard of after a 25-percent bear market the preceding year.

I'd say markets still have upside potential. It's not certain that September will be a good month on balance, but there's also nothing indicating that it'll be unusualy challenging.
>> No. 9764 Anonymous
15th September 2023
Friday 4:35 pm
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>>9757
Thanks. I'm already a homeowner - is there any other reason to get a Lifetime ISA?
>> No. 9765 Anonymous
15th September 2023
Friday 4:51 pm
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>>9764

You can still claim the bonus when you reach the age of 60. Obviously it's more difficult to plan on that kind of timescale. There are potentially better ways of saving for retirement, depending on your plans and your tax circumstances.
>> No. 9771 Anonymous
26th October 2023
Thursday 1:45 am
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When will the market stop being a cunt.

I got in on the S&P in mid-September around 4,500 and it's been nothing but a ballache. I wasn't expecting instant returns, but it's taking the piss now.
>> No. 9772 Anonymous
26th October 2023
Thursday 9:08 am
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>>9771
You're better off not looking. I've heard people who are pinning their hopes on the usual Santa rally, but I'm setting and forgetting.
>> No. 9773 Anonymous
26th October 2023
Thursday 10:36 am
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>>9771
If the last two years are anything to go by then never. We're going to zero - the stock market will close, money will inflate away and we'll be free.

Or probably next year or the year after.
>> No. 9774 Anonymous
1st November 2023
Wednesday 10:38 am
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There's no fucking way BP should be dumping another -2.2% today as we head into winter. This is madness.
>> No. 9775 Anonymous
1st November 2023
Wednesday 2:28 pm
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I'm kicking myself for not selling Rivian stock that I bought for $25 last year. Which seemed like a good discount at the time, and it did go back up to $39 at one point after I bought it, but the last year or so it's only been fluctuating and now it's back to around $16.

I could've sold it for a small profit this summer when it was trading around $27, after going down to just $12 a few months before, but greed got the better of me. And the EV industry is probably going to continue to consolidate, which will mean tighter profit margins in the foreseeable future. The stock's overall trend is firmly pointed downward since the IPO in late 2021.

Looks like this is going to be a very long-term investment. Unless there's going to be another sudden rally. I'd be happy to sell for 27 to 30. That would still give me a very tidy profit.
>> No. 9776 Anonymous
1st November 2023
Wednesday 4:43 pm
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>>9775
I think Rivian is a right punt given how few cars they're churning out. Wish you luck.
>> No. 9777 Anonymous
1st November 2023
Wednesday 5:18 pm
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>>9776

The IPO price was $78, so a third of that somehow seemed a good deal at $25. And I could've made a killing selling at 39, but again, I guess I was too greedy, which is never a good thing in the stock market.

I've only got 150 shares, but it's still annoying.
>> No. 9779 Anonymous
1st November 2023
Wednesday 6:08 pm
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>>9777
> I guess I was too greedy, which is never a good thing in the stock market.

I have started to make more money by only trading once or twice per year. I have also moved a lot into income trading too, it's nice to watch 8% dividends coming in monthly.
>> No. 9780 Anonymous
1st November 2023
Wednesday 8:47 pm
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>>9779

I don't trade that often either. Unless a stock goes through the roof right after I buy it and gives me a more than reasonable return, I usually hold stocks for longer.

I tried short term- and even day trading for a while and suffered a painful (but entirely survivable) loss. Unlike some day traders who bet and then lose the farm.
>> No. 9794 Anonymous
29th December 2023
Friday 2:55 pm
9794 Thank you, santa rally
santa-rally.png
979497949794
Next year, please can PNL.L start doing what it is supposed to, and rise with inflation. Also can the discount be reduced on UK stocks, like Merryn keeps saying it will.
>> No. 9803 Anonymous
2nd February 2024
Friday 4:05 pm
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How on Earth is Amazon still hitting numbers like 6.6% - where is the growth even coming from at this point?
>> No. 9804 Anonymous
2nd February 2024
Friday 5:37 pm
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>>9803
Isn't it the cloudy AWS bobbins? We give them a distressing amount each month.
>> No. 9805 Anonymous
3rd February 2024
Saturday 5:23 pm
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>>9804
AWS has indeed been subsidising the rest of the operation since it went big, though in recent years it's not been for lack of trying to make other parts of the business profitable.

In particular, one of the two major running jokes about AWS is their data charges, since you pay for both ingress and egress, and for most traffic within AWS you get hit at both ends. The other one is how nobody knows us-east-2 exists.
>> No. 9807 Anonymous
4th February 2024
Sunday 9:52 am
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>>9803
Amazon as a service to buy things is largely unusable for me at this point, bloated, unreliable reviews, cheap tat over solid branded items, never really delivers on time and one time they sent me a broken toothbrush which I returned, they said I didn't return and tried to charge me for until I emailed Jeff Bezos and his exec team sorted out my refund.
>> No. 9808 Anonymous
7th February 2024
Wednesday 5:56 pm
9808 How individual investors get fucked by AIM insiders
1. Tiny AIM company wants to raise some money for another helium drill.
2. AIM company tells all their city mates that the raise is coming soon.
3. Said mates sell all their shares in tiny helium driller, tanking the share price.
4. Tiny helium driller issues millions more shares. These shares are sold directly to the city boys at a 50% discount to the current share price.
5. Share price recovers on a bit of good news.
6. City boys sell off the shares they got at a discount. Stupid private investor buys the shares, thinking that the 3p must be a good deal because it was 6p only months ago (ignoring that there are now twice as many shares in issues).
7. Cycle continues until city boys have enough yachts.
>> No. 9809 Anonymous
7th February 2024
Wednesday 6:41 pm
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>>9808
How much did you lose?
>> No. 9810 Anonymous
14th February 2024
Wednesday 9:29 pm
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My cryptocurrency investments, for which I paid approximately £3,700 in total, have just passed £3000 in value for the first time since they plummeted to fuck all. Yippee!

HODL HODL HODL
>> No. 9811 Anonymous
18th February 2024
Sunday 1:15 am
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>>9717
>>9719
>>9721
It turns out that this was a really fucking stupid idea. I just put a grand in UKW and a grand in BP in the end but all my assumptions were wrong, we've had a warm winter without much snow, lower short-term energy prices and general pessimism is impacting UKW's discount rate and Rachel Reeves has ripped up support for wind. What's really killing the industry at the moment though is the supply chain disruption which is fragile at the best of times.

I'm a bit sour that I didn't plough everything into Rheinmetall considering 'things to kill Russian convicts with' is a booming industry right now and it is so bloody obvious in hindsight. Same with CRWD what with the democracy business and risk that Biden will have his telegraph machine hacked. I was still smart enough to do NATP though which should hopefully be a better investment over the longer-term.
>> No. 9812 Anonymous
5th March 2024
Tuesday 1:12 am
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>>9810
Bitcoins are now at their highest price ever, and I am in the black for the first time since a couple of weeks after I bought them at their previous highest-ever price. The reason for the insanely skyrocketing price is apparently that banks are buying up vast amounts of cryptocurrency and driving the price up. This makes the new high price feel a bit artificial, but then at the same time, the banks won't want their new investment to lose value so perhaps it is okay for me to hold hodl on for a bit longer. Or maybe I am about to see it collapse down to nothing again, and be angry with myself for another 2-3 years as the cycle repeats itself.
>> No. 9813 Anonymous
5th March 2024
Tuesday 12:43 pm
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>>9812

I left a tenner in the wallet of a darknet market last year, and this recent boom enabled me to buy a whole gram of cocaine with it. Solid investment.
>> No. 9814 Anonymous
12th March 2024
Tuesday 12:52 pm
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>>9812
>>9813

Looks like there's been another couple of cut and run exit scams on one of the darknet markets due to this recent spike. Lots of juicy drama to keep up with if you are into that sort of thing, but the trend usually is that there's a fall off in crypto when they try and dump a shitload of it onto the market to cash out their ill gotten gains. Keep your ears to the ground.

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