The Official Stocks and Shares Thread
Discussion about all the financial aspects of life - from bank accounts, overdrafts and budgeting to tax, savings and investments. For discussion about student loans, grants, and bursaries please use the Student Financial Support subforum.
| Announcements | Posted on | |
|---|---|---|
| Enter our travel-writing competition for the chance to win a Nikon 1 J3 camera | 20-05-2013 | |
-
- Reputation:
- Vengeful, Imperial Overlord of The Student Room
- Posts: 4,329
Re: The Official Stocks and Shares ThreadI trade the spot prices(Original post by M_E_X)
Do you hold them directly or funds? What price did you buy at?
Sold gold at 1850, got back in a few days ago at 1770.
Silver, got in at 39.40 -
- Reputation:
- Exalted and Worshipped Member
- Location: London, UK
- Posts: 1,213
Re: The Official Stocks and Shares Threadwhy are you holding Tesco ? it wouyld've been good if you bought it on a dip !(Original post by M_E_X)
How do you mean?
e:
I've only just seen this, sorry:
No...the stocks I currently hold are Aggreko, Weir, Tesco and Stagecoach (FTSE250) -
- Reputation:
- Overlord in Training
- Location: Mayfair
- Posts: 2,538
Re: The Official Stocks and Shares ThreadIn equities and commodities at the moment(Original post by Tateco)
What you in?
-
- Reputation:
- Vengeful, Imperial Overlord of The Student Room
- Location: -
- Posts: 4,339
Re: The Official Stocks and Shares ThreadI like Tesco, I think it can definitely get through its price barrier with the new CEO, the situation improving in America and it pulling out of Japan, overall the business is becoming more streamlined to get back to the ROE it needs to achieve. It's still a massive market leader in the UK and Korea.(Original post by romski)
why are you holding Tesco ? it wouyld've been good if you bought it on a dip !
And I did buy in a dip (a market dip) - overall I'm happy with it.
Plus it's a slightly more defensive stock than some of my others, so it balances my portfolio a bit, and it's in a different sector to my other stocks. Overall I'm happy with it. -
- Reputation:
- New Member
- Posts: 12
Re: The Official Stocks and Shares ThreadHi guys this is an amazing thread... I would love to get involved in stocks and shares but I'm quite confused on how I Should go about it.... Can someone help? as in Private messaging me on how to go about it? I don't even know where to begin.... I'm 18 now so i'm old enough to do so and I have a little money i'd like to invest.... so please guys some help? Thanks
-
- Reputation:
- Exalted and Worshipped Member
- Location: London, UK
- Posts: 1,213
Re: The Official Stocks and Shares ThreadCAREFUL here they are looking to drop out of the FTSE 100(Original post by leemkule)
<3 wood group. 15k holding bought for 8k and got a one off dividend of £5k. ^^
oh and well done thats 100%+ return -
- Reputation:
- Exalted and Worshipped Member
- Location: London, UK
- Posts: 1,213
Re: The Official Stocks and Shares Threadgood reasons, from what i can remmerb it seems stuck in a range and it usually takes something big to move it out of that range.(Original post by M_E_X)
I like Tesco, I think it can definitely get through its price barrier with the new CEO, the situation improving in America and it pulling out of Japan, overall the business is becoming more streamlined to get back to the ROE it needs to achieve. It's still a massive market leader in the UK and Korea.
And I did buy in a dip (a market dip) - overall I'm happy with it.
Plus it's a slightly more defensive stock than some of my others, so it balances my portfolio a bit, and it's in a different sector to my other stocks. Overall I'm happy with it.
clintoncards is another share that just ranges never goes over 50p (I think) -
- Reputation:
- Exalted and Worshipped Member
- Location: St Andrews
- Posts: 1,298
Re: The Official Stocks and Shares ThreadCheers and thanks for the advice, they've been in my ISA portfolio for a while anyway so I'll probably just leave it there. It makes the £5k dividend so much sweeter that it is in the ISA too.(Original post by romski)
CAREFUL here they are looking to drop out of the FTSE 100
oh and well done thats 100%+ return
-
- Reputation:
- Exalted and Worshipped Member
- Location: London, UK
- Posts: 1,213
Re: The Official Stocks and Shares Threadwhat exactly is the difference tax etc between dividend inside and outside an ISA(Original post by leemkule)
Cheers and thanks for the advice, they've been in my ISA portfolio for a while anyway so I'll probably just leave it there. It makes the £5k dividend so much sweeter that it is in the ISA too.
-
- Reputation:
- Exalted and Worshipped Member
- Location: St Andrews
- Posts: 1,298
Re: The Official Stocks and Shares ThreadWell if it was a dividend in my main portfolio then reinvesting it there would mean that any further dividends are taxed. In my ISA portfolio I have already used my shares allowance of £10680 for this calendar year - but since dividends don't count towards that allowance I can invest further with the £5k dividend from wood group and further dividends are tax free. Essentially allowing me to invest nearly 16k in my ISA portfolio in one year.(Original post by romski)
what exactly is the difference tax etc between dividend inside and outside an ISA
Edit: Just realised you were asking the difference in tax. Dividends are tax free depending on what you buy and your other income but inside the ISA but you can only invest a certain amount per year. In a normal stock portfolio it depends on your overall earning from dividends and and other income - I think I pay 10% on dividends from there.Last edited by leemkule; 03-09-2011 at 21:02. -
- Reputation:
- Exalted and Worshipped Member
- Location: London, UK
- Posts: 1,213
Re: The Official Stocks and Shares Threadahh ok so let me get this straight I thoguht as much the 10% divi tax sitll applies but oustide you would also be caught in, income tax ?(Original post by leemkule)
Well if it was a dividend in my main portfolio then reinvesting it there would mean that any further dividends are taxed. In my ISA portfolio I have already used my shares allowance of £10680 for this calendar year - but since dividends don't count towards that allowance I can invest further with the £5k dividend from wood group and further dividends are tax free. Essentially allowing me to invest nearly 16k in my ISA portfolio in one year.
Edit: Just realised you were asking the difference in tax. Dividends are tax free inside the ISA but you can only invest a certain amount per year. In a normal stock portfolio it depends on your overall earning from dividends and and other income - I think I pay 10% on dividends from there.
couldnt you just have the divi sit in your ISA account and then choose wether to reinvest -
- Reputation:
- Exalted and Worshipped Member
- Location: St Andrews
- Posts: 1,298
Re: The Official Stocks and Shares ThreadI don't fully understand it to be honest as I don't do my own tax return. As far as I know the only real benefit of a stocks and shares ISA is if you are a high rate tax payer - someone else here might understand it more than me. Yeah, I can just leave it sitting there till I decide to reinvest it.(Original post by romski)
ahh ok so let me get this straight I thoguht as much the 10% divi tax sitll applies but oustide you would also be caught in, income tax ?
couldnt you just have the divi sit in your ISA account and then choose wether to reinvest
Last edited by leemkule; 03-09-2011 at 21:14. -
- Reputation:
- Exalted and Worshipped Member
- Location: St Andrews
- Posts: 1,298
Re: The Official Stocks and Shares ThreadAlready got a holding in BP, it's a miracle that they are already paying dividends again and have been for a while considering how much the oil spill cost them.(Original post by romski)
also consider shell BP they are begining to look cheap and once oil bottoms at around 80 dollars I think they will begin to bottom
they still make obscene amounts of profit !!1 -
- Reputation:
- Exalted and Worshipped Member
- Location: London, UK
- Posts: 1,213
Re: The Official Stocks and Shares Threadyeah im pretty sure its better for higher rate as they only pay lower rate(Original post by leemkule)
I don't fully understand it to be honest as I don't do my own tax return. As far as I know the only real benefit of a stocks and shares ISA is if you are a high rate tax payer - someone else here might understand it more than me. Yeah, I can just leave it sitting there till I decide to reinvest it.
i think, i dont usually hoold a stock long enough to be in range of its dividend. shame really iw ould've made alot more money if i did !!
eg gold got in ony the dip 1790 and sold at 1800 ish now look at it 1880 -
- Reputation:
- PS Helper
- TSR Demigod
Re: The Official Stocks and Shares ThreadThis... I'm in it for the long term, hopefully they start to pick up again soon, this Russia business isn't helping(Original post by leemkule)
Already got a holding in BP, it's a miracle that they are already paying dividends again and have been for a while considering how much the oil spill cost them.
