eek haha âinvest in British or lose isa statusâ
The question is for most: Invest in British what? Itâs all so secretive and behind closed doors most people have no idea whatâs going on in the UK business economy.
In the USA itâs been blindingly obvious what America stands for (up until the last 5 ish years with the American dream kinda never being spoken about anymore for obvious reasons).
The UK âelitesâ hide whatâs going on and then they themselves capitalise and rinse the population. Thatâs why millions do not invest, they do not feel part of the club and certainly do not feel part of the upper class. So why tf should they risk their cash with no advantage?
I see it from many angles.
There are over 1900 companies listed on the LSE, so answering your question on this thread would be quite an onerous task.
Iâm not sure what you mean by your conclusion, âitâs all so secretive and behind doors.â I invest mainly in AIM and whilst I do not have access to the minds of the owners of those companies, they publish the odd RNS, half yearly and annual reports.
Also, âblindingly obviousâ? Could you illuminate further?
And the elites, care to put a bit more colour into that thought? There are a lot of conclusions in your addition but Iâm not seeing the workings out. I promise Iâm not writing this from a GCHQ/CIA golf ball listening post.
Iâm more inclined to believe that the âinvest in British firmsâ idea is aimed at the majority of British people who donât invest at all right now and have all their savings sitting in cash savings/cash ISAs.
Invest in British and watch your investment stagnate
Rio has been ace although itâs based in Australia, itâs listed in AZ, EU and GDP.
Rolls Royce has been doing welll, admiral is doing great, legal and general are bouncing back, Lloydâs as well.
Since rebhying into my isa only a few months ago rio is already up 10%. L+G 5+%, admiral 7.6% etc but all world 1.2% snp500 1.8% my few other American stocks are lagging behind berkshire in red still, botz just over the green etc
I like picking both and surly hunt means other isas in banks. It canât be stocks and shares isa as we already use the cash to invest, they canât force us to use help to buy untill after 2023 and lifetime isas wellâŚ
"He adds: âAnyone buying a stocks and shares Isa should have to put a third or a half of their money into UK firms to get the tax perks.â
Current regulations also mean that when individuals buy shares in UK companies, they pay 0.5 per cent stamp duty but when they buy overseas shares there is no charge."
Have you read the comments on the article as well. They pretty much mimic what we have been preaching, not long ago on here.
People feeling itâs to risky, scared, donât understand the markets and stocks but they understand savings accounts, not worth It, itâs like a casino, itâs gambling for no rewards.
Some are even saying what I said above a few days agoâŚ
âSo why is the chancellor punishing shareholders through taxation. He along with councillors have helped destroy the private rental sector, now have their eyes on the holiday let sector. I saved and invested prudently for retirement only to be punished. Maybe something to be said for spending your money then relying on The Stateâ
ânot only is it risky, but there is no incentive due to the fact your earnings will be taxed. so why take the risk? 10k spare cash is hardly much⌠50k+ spare cash maybe, but not 10k.â
From what I see out of that 129 comments only a handful say they invest. If they do its usa etc a few did say uk tho
Autumn budget time yeahhhhh boi
Good afternoon -
As usual we selected for you the best articles published in the past few days :
Invest Wisely:
Factors Investing? Itâs not what you think
Useful Hacks not to blow up your portfolio
Why the Fund You Own Got Better Returns Than You
The case for moving cash out of retirement accounts
Stocks for the Long Run? Yes, sometimes.
Why Private Creditâs been booming even as interest rates go up?
Factor & Active Investing:
Hedge Fund Strategy Replication ETFs
Empire of Shadows: True Story of Europeâs Richest Family in History
Your Thematic Fund Leaves You Empty-Handed
12 Small Cap Value Q&Aâs
This is What Munger Really Thinks About Buffett
RIP Goldman Sachs?
Wealth & ETFs:
New Medium Term fixed-maturity Euro Corporate Bond ETFs from Xtrackers
Recap: Review of All iShares Fixed-Maturity Bond ETFs
Only half of ETFs in Europe are profitable
Whatâs a Safe Retirement Spending Rate Today?
Insurances - when to take it and when not.
Wise pauses taking on European business customers
Lifestyle & Misc:
The worldâs brightest are flocking to these countries
The leadership qualities that will set you apart from the pack
The hidden risks of meditation overlap with psychedelic risks
Best books of 2023 â Economics
Enjoy the week-end,
Francesca from BoW Team
The reality about the S&P 500 this year is this: seven companies alone have done a good part of the work in the indexâs performance.
âGet used to making less.â
Anyone scared yet
Past performance is never indicative of future results. Just look at what happened to the Japan Nikkei in the late eighties, 30 years of negative returns. One word: Diversify.
Yup heard that line many a time itâs just the USA is a behemoth, so you can be as diverse as you want to be but as heâs stating get used to making less and the USA is pretty much the market.
Still waiting on emerging markets emerging, the UK we await growth, Japan is Japan, Russia well yeah⌠And China is the other giant in the room but people are wary of investing due to chinaâs political rules.
Warren has always said though that even with berkshire etc donât expect the same results as they once got in the past it just canât happen
Gold is at its all-time high. Central banks are buying tons of it, possibly anticipating interest rate cuts.
India and Indo-Pacific countries
Hereâs Your Weekend Reading, including:
EU Bans Payment for Order Flow - Less Transparent Exchanges Remain.
Other highlights this week:
Is now a good time to buy bonds?
Improving the odds of meeting a portfolio return target
Lifecycle Asset Allocation & Retiring Successfully
The twisted history of Morgan Stanley
NTSX in Europe - A deep dive
A map to building factor-based portfolios
The Industries Where Asian Companies are the Strongest
Wealthy Spaniards âheading for Portugalâ
Reading list in the usual place.
Have a great weekend.
BoW Team
Another great chart on the S&P 500âs 2023 performance. Will these 493 other companies have better performance in 2024?
You need to dig deeper this doesnt tell the full story. The data i looked at around a week ago shows that 129 companies in the S&P 500 is beating it so far in 2023. So could any of the 129 companies beat it next year. Yes, absolutely.
Also look at the top 5-10 performers, Royal Caribbean 4th, Carnival, General Eletctric, Pulte Group, ACN 3rd. Not just big tech and the magnificent 7.
I think this is about the weight these 7 companies had on the performance of the S&P 500 this year. But you are right to observe that other companies had good performance, even though their weight is small.
With the job market in the US cooling, I guess in the next FED meeting they will continue to hold their rates.
Update: I wasnât aware, but it looks like next week is going to be quite busy, especially with the CPI scheduled for Tuesday at 8:30 am and the FED meeting on Wednesday at 1:00 pm. Brace yourself; it might be a volatile week. Iâm hopeful for positive outcomes.