What's gonna be the GME or AMC of the year? Money to be made still.
Long term holder, but I'm 10-15% underwater at the moment. Hope Bob Iger can put a fire under the Share Price.
Any thoughts here on Disney?
Boat missed?
The above transaction costs are negligible/irrelevant to currency risk. I also suspect you are underestimating the actual transaction costs.
I'm thinking of increasing my position in Tesla...am I better off buying in euro or US dollar?
I have an Interactive Brokers account and I can buy in USD from the Nasdaq and it would cost me €2 in fees (€1 exchange fee to convert any amount from euro to USD, and €1 to make a purchase).
Alternatively, I could buy TL0 which as far as I can see is buying Tesla in euros from TGD. This obviously means no exchange fees but the flat fee to purchase is €3.
So buying in USD seems cheaper, but is there anything else to consider? Strength of dollar v euro currently etc? Fees when selling etc?
Not really. If you invest in equities then you can't really lose imo, provided you stay in the market. Even if things go tits up, you can carry your losses forward indefinitely and use them against any future gains. You can't carry forward your losses from ETFs, they're less tax efficient and you will likely be paying annual fees.
My PYPL shares were making me nervous when the sp dipped to $65 AH last week after earnings... Glad they've rebounded.
If only my RKLB shares could come back from the dead before I'm old and grey! SMH
Tesla's Cash Flow last quarter was $3.3B with a ROI of 31,45%. Sales grew 55% in 12 months. It is starting to generate positive cash flows now.
Say at 15 times annual cash flow, that would value it at about $200B. It's market cap currently at 600B or 45 times cash flow. Still overvalued but the question is, how much further will it grow.
The stock is way over-priced imo and has been for a long time. Admittingly not as bad as last year. The clever ones got out then.
Add to that the big motor players will catch up and produce better built electrics before long.
It will no doubt be volitile as Musk can sway it with a tweet or two, providing Twitter doesn't go bankrupt....
Tesla shareholders must be grimacing watching that mess.
Or maybe it's value now at the lower price.
The Tesla bubble is well and truly busted.
Crazy day and futures up this morning, I don't know what to make of it. I'm in the camp that core inflation is still not decreasing therefore interest rates need to still go higher which will affect asset prices negatively and when all the dust settles rates will be lowered and QE will continue and the whole circus starts again.
I hope this rise last another week or so as I have to offload a lot of shares that I have in my SAYE scheme. The thoughts of the CGT is absolutely sickening, if the market wasn't so volatile I'd probably sell in dribs and drabs over a few years in order to fly under the radar for CGT.
Some day
Ya, up 6.4% here.
Probably the biggest daily jump ive ever had, when i logged in i thought it was a glitch!
Whole portfolio up over 7%.
Days like this remind us again that it’s best to stay invested
Mighty. Actually took a little bit of profit on some purchases I made just yesterday. You just can't be sure how long rallies last these days 🤷♂️
Nice rebound for META
Some rally in US stocks today. Up around 5%.
Holding 3 London insurance company Beazley (largest company and all time high) bought in the low 3 GBPs. Hiscox and Lancashire performing well with recent gains.
Saint James Place wealth management company buying at low 10s/11s financially back in the green. Will be holding these shares for another few years.
Thoughts on Shell and BP? Reached the top yet and time to sell out??
For me time is a key component to investing, I buy in traches of €2.5k, buy individual shares and try to diversify in terms of currency and the type of company. The only exception was with Apple a few years back where I bought more. I do not plan to sell anything within a 15-20 year timeframe unless one share constitutes a large % of my holding.
Few reasons for this would be 33% v 41% exit rate, any fund charges and a deluded self belief that I can make reasonable decisions and over time you have a better chance of a return.
Over 10+ years I would expect that a few would be complete right offs but would hope a couple have substantial returns.
Really surprised to learn that Vanguard own more Apple shares than Berkshire. Vanguard own 1.27B shares while Berkshire have 0.89B shares.
I’d prefer buy the S+P and pay the exit tax
Yea so true, feel sorry for Elon Musk his big mouth forced him into the purchase of Twitter had a huge valuation . It's cost him many billions
40% Apple
10% Bank of America
8% Coke
8% Chevron
7% American Express
4% Kraft Heinz
3% Occidental Petroleum
and the rest made up of 40 smaller companies. Any of which could make it big - everything fromCitigroup to Activision Blizzard, Snowflake to GM, StoneCo, Amazon and even for some reason some S&P ETF's (I think they may use that as cash)
It's a great lesson for any of us, go big on your biggest convictions, then a bunch of moonshots
Bar apple, what has Berkshire going for it?
Amphenol is a big player in this area.
I've been dipping my toes into cable laying companies since the "bursting" of the nordstream gas pipeline a month or two ago. Nexans SA (FRA | NXS) is one I've invested in.
I think any escalations in conflicts and these undersea cables will be huge targets. And even if they aren't, they need to be replaced every 20-25 years due to wear/tear and advancements in cable technology.
Contrary to popular opinion - there is no future in satellite communications. They've been around for what 70 years or so now and have less than 1% share of communications market. Cables are going nowhere.
Funnily enough I got rid all my limited amount of aapl and Brk-b after the Chinese party conference. They’ve a great model… Until it’s legislated against. There’s an awful lot of pushback against the Apple Store tax in multiple jurisdictions at the moment. There’s no way they’re keeping that high much longer. I also have fear how much they depend on China. They are massively exposed to the whims of Xi Jinping. If Taiwan was to kick off tomorrow they’d be absolutely fooked.
And as much as they’re trying to diversify into the likes India, they’re still really caught. I’ve a friend who’s an engineering manager at Apple who has gone and overseen the setup of a few Foxconn facilities in the past and he’s extremely negative on Apple’s ability to get out. It’s not what everyone things in terms of Labour, it’s the most basic building blocks of the supply chain that are at issue. He’s described it as an almost impossible task.
I was thinking about them during the week. Twitter introducing the $8/mknth charge - apple collect 30% of that from iOS users. It’s a great model
I bought some Apple yesterday at circa $138. I know it's at high price multiples at the moment, but the performance figures are just insane.
Year to Sept 2022, it generated a Net Profit of $100B (25% of Revenue). Spent $89.5B on share buybacks and $14.8B on Dividends. It generated a whopping Return on Investment of 66.7%.
It's no wonder Buffett likes it so much. It's a money printing machine.
![Photo of [Deleted User]](https://we.vanillicon.com/v2/eedacf599b4135dfd56d6fdbddcbd867.svg)
![Photo of [Deleted User]](https://w1.vanillicon.com/v2/11f397efbb618f280f346771bb290fe0.svg)
