I might be adding a few more ‘waits’ to that……
Not sure today’s going to be any better.
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So what interest levels do you all think it will peak at like 6%? Or 5.75%? Anyone think it will go way past 6? I myself think 6 max.
Look at oil.
Possibly way more than 10%
Jpow will do what is needed.
Another day hiding behind the curtains 
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Not been a good week so far…
Out of interest, what sector is dominant in your portfolio? I am not seeing this drop at all?
My main holdings are MEGP, VTU, TEP and BGEO. Overall still quite well up on them, but the drops this week added to the leveling off of the last few weeks is making my sell finger quite itchy.
Also have a good few hundred invested in GGP; it’s fallen over 8% this week, but I always knew that one was an educated gamble.
UK finance and retail…
Pets at home
JD Sports
Legal and general are a few of those that have been on the decline last day or two.
Its news based…nothing meaningful, but a few percent here and there makes you notice!
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“Other” (ETF and trusts incL bond ETFs) - 62%
Finance 10%
Energy 7%
Looking like another slippery day…
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Similarly, I’m more or less flat for the past week or so.
Some small-cap holdings are down 1-2% but it’s offset by the rest of my portfolio.
This is why I like to have holdings which don’t move in lockstep with one another.
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After about 6x audio books of investing, I have started to learn that I look every day about maybe 3x a day to check for crazy moves, but the normal swings I just say fk it and go with it, like I put 100 pounds in legal and general two days ago which is my monthly amount to spend for shares.
I sat for ages watching the market and one morning after Nightshift I just said whatever 100 pounds in L and G as we all know we can’t time the market yes there could of been a better time to invest but as everyone says when is that?
I watched for three weeks every other stock increased but L and G kept falling.
I seen many people saying they don’t know why it’s falling and it’s a good one to go with they have been consistent so I went with them for this month’s investing.
Good news is my monthly saver came to an end this month so that’s £200 free next month to spend on stonks and my help to buy is 80 pounds short of being complete so once that’s. done that’s another £200, so everything’s going to plan so far.
For the next months if I wanted to spend a 100 like I did this month on L and G I still have plenty to spread around for other stocks, etfs etc and I’m finally. Ready to open a standard account yipeeee with a isa etc, so I should see my portfolio sky rocket now over the years to come rather than slowly build as its been painful doing 100 a month for a few years.
I’m still looking into the advice you all gave me about selling at a loss and rebuying into my isa. Ty
P. S sorry I was a little tipsy/drunk when I wrote this last night 
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Good morning 
-
As usual we selected for you the best articles published in the past few days :
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Have a great weekend,
Francesca from BoW Team! 
Weekend Reading - How To Park Your Cash: Short-Term Investing Hacks (bankeronwheels.com)
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I don’t see bank interest rates going to 10% I was thinking more 6% max and that would be two more rate hikes.
The sep 21st one may stay the same then a hike in Oct with one more at the start of 2024? Who knows in what order but it’s been said once the hikes stop the banks will Hold at the current rate for only a short time and then they will start to rapidly reduce but we shall see.
Hey people I just sold a good few stocks that were in the green completly forgetting about dividents coming in am sure I was due admiral on the 7th of sep? But I just sold them.
About the isa account? Is there away to pay yearly for now I only need standard it does say 4.99 a month when I choose it but I thought we got a choice for yearly etc?
As long as you sold them after the ex dividend date you will still receive the dividend.
The option to pay annually is located under the ‘manage my plan’ section.
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Thanks Neil, I got a little worried their as that’s me selling up everything since I started in 2021 to try rebuy back in the isa
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You’re welcome. I think your dividends will still be paid into your GIA as that is where you held the shares originally. FT can transfer the funds over to your ISA once they have cleared.
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So for example * Rio Tinto’s upcoming ex-dividend date is on Aug 09, 2023 . Rio Tinto shareholders who own RIO stock before this date will receive Rio Tinto’s next dividend payment of $1.76 per share on Sep 20, 2023. Add RIO to your watchlist to be reminded before Rio Tinto’s ex-dividend date."
This is my biggest holding at almost £2,000 if I sold now and waited to buy back into the stock on the 20th when the div is paid? Would that not be the best time as the stock would tank at that date.
I’m currently 6% down and would be selling at a loss of £121 down and I lose out on the 50p stamp duty as well for the 32 shares.
Kinda seeing the pain now of not having an isa to start I also never kept a record of the profits I just made on the S n p 500, all world and admiral but I know it’s under the capital gains we’re allowed for the year anyways.
Do I need them transfered or could I not just use the cash in my account to buy more isa stocks? Do I need to ask ft now to move the cash I have just got into an isa? Ahh I never knew that.