What is going on today? - Megathread

just when you think this Tax robbing gov could not come up with any other idiotic ideas… theres awlays another
grow the ecomany , cut tax , let bussines grow and expand … but here we are

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The government have made some terrible decisions but I can’t see them being stupid enough to prohibit non uk stocks in an isa, an extra allowance would be a sensible approach but looking at the ftse 100 how many companies generate ALL of their revenue in the uk?

have you been sleeping the last 10 years , oh they can be THAT stupid :rofl:

Object-level criticism aside, the fact that they wouldn’t dream of trying to push this on their base tells you all you need to know about this proposal:

Market opens again hurah… i get bored with weekends now nothing to check!! But japanese market at a new high !!! Come on london lets get excited and go on a bull run to 8000

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we are stuck at this level :sleepy:

Well maybe pencil in breaking 8000 say in 2050 with some strong growth figures? :wink:

BRICS is about to create a cryptocurrency-based payment system to reduce its dependence on the dollar.

The S&P 500 index is going down, time to do some shopping!

My index tracking ETFs are at the top of the list, but they will have to wait for tomorrow.
Then I’ll keep an eye on META and BRK.B, if they drop a bit more I will certainly add some shares.
Finally, I’m looking for some unique opportunities to establish new positions, like NYCB’s current troubles with commercial loads. I might be too late in the game for NYBC, let’s see.

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The huge drawdown yesterday in my port. Premarket is green. Maybe today won’t be so bad. :pleading_face:

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whats going on today , they mentioned Ai 472 times in the spring budget :rofl:

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:neutral_face:

More like 40, if you strip out all words which include ai in them


Just when you think the bears are going to win … boom a new high

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IMG_1041
End of week.
Oh no.
Dead :smiling_face_with_tear:

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Good morning :sun_with_face: -

As usual, we selected the best articles published in the past few days :point_down::

Portfolio Construction:

:arrow_right: Financial Times Reading Selection featuring Banker On Wheels

:arrow_right: Is All time high a good time to invest?

:arrow_right: How Much Cash Should You Have In Your Portfolio?

:arrow_right: Passive Investing has broken the Market?

:arrow_right: Inflation Projections by Country, in 2024

:arrow_right: You can now vote proxies your ETF holdings. Should you?

Factor & Active Investing:

:arrow_right: Warren Buffett Annual Letter to Shareholders

:arrow_right: Growth Investing Primer

:arrow_right: Japan’s Top 25 Corporations

:arrow_right: Emerging market bonds have bested equities

Wealth & Lifestyle:

:arrow_right: Capital Gain Taxes Rate in Europe

:arrow_right: People undergoing divorce need a range of financial planning services.

:arrow_right: When Should You Hire a Financial Advisor?

:arrow_right: Hargreaves Lansdown Review – Cheapest Big 3 Broker in the UK

:arrow_right: How does ‘Coast FIRE’ work?

:arrow_right: How longevity literacy affect financial wellness in retirement.

Have a great rest of the week-end!

Francesca from BoW Team :biking_man: :biking_woman:t3:

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The overall value of my portfolio has not changed much for 5 months now: up a few hundreds then down a few hundreds, repeat. This will have to change asap, if I want to hit my target of 12% total return from Jan to Dec 2024.

I have introducing a few changes to my portfolio approach:

  • 50% allocation to high income stocks,
  • dividends to be reinvested (almost) entirely into my cheap index tracking ETF(s)
  • 10% - 20% allocation to crazy s*it speculative ideas, high risk/high return type of investments
  • the remaining money allocated to some big and fat compounders, like BRK.B, BLK etc

Any additional money I may decide to add the invested capital, should fit into one of the 4 buckets. Of course, the ETF bucket should grow over time, reducing the allocations to the other buckets. It will take time, plenty of time and patience, I guess.

Saturday afternoon thoughts, I’ll refine them in the coming days/week.

IMO. With an impending Labour govt about to be elected. We will have zero economic growth for many years to come.
It’s utterly depressing to think about.
Why bother investing in the UK

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Although my ISA is 90% plus UK stock exchange it doesn’t mean they are deriving there income from the UK.
I have just noticed they have changed my comparison to FTSE 100?
Has everyone been changed to FTSE 100


Me too. Wasn’t it all world something or other.

Definitely all world. Vanguard?
I would have thought a choice would be more appropriate.
In fact multiple choice would be my preference.