Share Picks 2021 - Thread banned users post #1

Did they give a statement end of November? Where was that? I worked it out manually in excel myself. Made wayyy too many realised capital gains in 2021 despite my overall portfolio going to pot, but thats investing for ya.

Whatever about this guy's report, Argo is tied to the price of Bitcoin and that has fallen about 20% in the last month

Hi

When I go to buy ryanair or umc etc on de giro I'm tole I've disabled complex stocks

Looking up the definition, complex stocks can include CFDs, which did in poor oul Seanie. I presume ryanair and pfizer are not CFDs?

Seems a straightforward enough FIFO (First in first out). You didn't break the 30 day rule when selling and buying back a stock.

Yes you can use losses, but I think CGT from the 1st Jan - 31st Dec has to be paid by Dec 15th. Then any CGT gains from the 1st Dec -31st Dec have to be realised by the 31st Jan.

That's my understanding anyway, (someone might correct me on the dates)...hard to give an accurate figure from that pic, calculate the BEP (break even point for each buy). Might make the calculations a little easier.

Be careful of liquidating stocks for the sake of it. (Especially if you plan on buying the stock back later in January as all your doing in that case in lowering your BEP, which will mean you'll be facing a bigger CGT bill if the stock rises significantly. (As you'll be paying CGT from a lower BEP).

My 1st post on Evergrande and its potential contagion on this thread was back in Sept IIRC.

I laid out my thinking that the Chinese would seek to insulate their people and burn the offshore debt holders. They would seek to ensure that people buying homes had them delivered but that even Chinese speculators buying investments, would carry a loss.

Based on the below, it certainly looks like the path the Chinese have chosen. IMO where the contagion risk for this is highest isn't just the losses that Western investors will carry from this. It is the further debt that was raised using the Chinese bonds as collate5. Margin has been wrecked here and with a downgrade of these and other China Property bands to Junk status? Any margin using these as collateral will either have to be closed out, liquidated or re-financed.

It is going to be a very hairy year end for a lot of very large banks and investment houses IMO.

Ah it was a classic running ahead of itself price. Zoom out a bit, looks a fairly steady grower, up 75% YTD

Generally with the Growth Stocks, the best indication of where a stock is trading is the Price/Sales ratio. It's the total cost of the company divided by the sales figures. You can get it on Yahoo Finance.

Anything above 35, I'm not buying, it's overpriced, anything about 50, you should realise it's going to come back down in the next few weeks. Crowdstrike got to 100 at one point in the past few weeks, still over 70. Snowflake is sitting at 104 at the moment.

That number can also come down by the share price sitting still for a year, while sales catches up, and there are other factors that play into it (the "35 rule" is probably a different number for different industries), but it's a good one to keep an eye on.

Look like the US Fed will raise rates. Goodbye bubble stocks.

Yeah growth stocks went on a rampage for the last 3 hours yesterday after the announcement. The certainty is good for markets, the uncertainty was bad

Based individual

interesting, i'll look into this!

I have been nibbling away on the various dips... bringing down BEP's where appropriate and opening small starter positions in companies I haved been watching for a while.

Only thing is, I now have about 80 open positions 😳 Any of the investment guides would suggest this is pure madness.

Anybody else in this boat?

I've 31 positions and I personally think there is a good bit of effort required to follow those positions, 80 seems alot to me, I'd suggest looking at trimming that number back, with that many positions it (I imagine) would be hard to outperform the S&P500

*0 you've just got yourself a fund. You're not buying stocks at all at that rate. Sounds like you need more conviction in what you're buying