Investment

[Dereekoo]

Rather than just taking what the market gives you, if and when any of y'all see the light about the SM, consider what's called "dollar cost averaging".
You can d a search on it. Investopedia is great on all things investing, their effort on it is here: (click the box)

Having read up on it I think it should be called Pound Cost Averaging to make it more appealing to us Brits

 

[Justin Passing]

I think it should be called Pound Cost Averaging to make it more appealing to us Brits

Brits thinking they matter is a part of their downfall, I believe.. We're less than 1/20th the size of the US market cap.

given the Putin / Trump oil deal, I would expect some uptick when the markets open.

Thats's likely, but the "secularity" of the AI sector has been driving chips, like AMD.
Trump says there's a deal whereby Zelly stops hitting Russian oil, but Russia is still hitting Z's.
The market ticks up and down on what T says, the rebounds when it finds he was being economical with the truth.
The Houthis are having their effect on oil.

If you look at AI loan supply and structure it's distinctly unsettling. It's turning from "cash funded" to "debt funded" development.
The Chips ETF dropped 25%. It rallied but the last move is 5% down.

As I tap, the Korean Kospi index ( SK Hynix and Samsung memory chips, largely), is down 2% on opening.

 

[JohnD]

And lending money to them has become less popular. The cost of insuring against their failure to repay it has increased.

Speaking of interest rates, Trump's ex-buddy, Musk, wants to borrow $40billion.

People who already bought his debt are trying to sell their bonds at reduced prices.

And the price of buying insurance against the risk of him being unable to repay it, has doubled.

Looking good, eh ?


"Kate Duguid, Michelle Chan and George Steer in New York
Published OCT 7 2026

A measure of credit risk at Elon Musk’s SpaceX rose to a record high while its bonds dropped after the rockets-to-AI group’s new plans to raise $40bn in debt to buy Nvidia chips spooked investors.

The spread on SpaceX’s five-year credit default swaps rose to 194 basis points on Wednesday after the FT reported on the fundraising plans, meaning it now costs $19,400 annually to protect $1mn of its debt against default. The CDS began trading in June at around 110bp.

Investors were also selling SpaceX’s debt, pushing the yield over Treasuries on its 2056 bond up 0.09 percentage points on Wednesday to 2.36 percentage points, according to MarketAxess data. The so-called spread, a measure of the premium investors demand to hold the bonds rather than ultra-low-risk US government debt, registered 1.75 percentage points in June."

FT.com

 

[Highway Man]

I am going to ask the question at work today if my employer is likely to up their contribution to my pension when I do. I will update the forum later. Exciting and nail biting stuff but it may help others out too. It's what I am all about, one of my other great traits is looking out for others.

 

[Dereekoo]

Brits thinking they matter is a part of their downfall, I believe.. We're less than 1/20th the size of the US market cap.

Your name ain't Trump is it

 

[Dereekoo]

I am going to ask the question at work today if my employer is likely to up their contribution to my pension when I do. I will update the forum later. Exciting and nail biting stuff but it may help others out too. It's what I am all about, one of my other great traits is looking out for others.

Can you buy me a cruise please

 

[JohnD]

I am going to ask the question at work today if my employer is likely to up their contribution to my pension when I do.

"Likely?"

It will be specified in the pension plan terms.

HR will give you a copy, if there isn't a pensions department.

 

[Odds]

Isn't this why most folk have a stockbroker?

Complete with bowler hat and stripy trousers?

But can you trust financial advice from someone who still thinks stockbrokers look like this?

 

[JohnD]

He's thinking of the Homepride Flour Grader.

 

[Highway Man]

"Likely?"

It will be specified in the pension plan terms.

HR will give you a copy, if there isn't a pensions department.

We have a separate dept for our pensions. I think it is done through our finance dept.

 

[Odds]

He's thinking of the Homepride Flour Grader.

View attachment 424080

Is that why he thinks his stock is always rising?

 

[motorbiking]

SpaceX is not really a good indicator of the AI market.

We have a separate dept for our pensions. I think it is done through our finance dept.

You probably have some sort of Employee portal with details of the pension scheme. it will define the minimum you must pay and the employer matching or if you are lucky it will say a ratio of years to average or final Salary.

 

[Justin Passing]

Mostly, the 60's stockbrokers are dead, shrouded in their Saville row suits - and bowler hats. Tgft
There are advisers now, but web companies hold far more information, and do the trades on mouse click. I don't think stock brokers in the trad sense exist, unless your trades are so big they're market-shifting.

It used to cost huge amounts to trade stocks. So different since Schwab dissolved that model and got rich doing it.

There are still stakeholders saying you should hold all stocks for 10 years plus, at the same time advocating "risk management", which means you use stop-losses, to sell if the price drops. You can't have it both ways.

A problem with AI is that it finds opinions to support you. For e.g it will highlight the relative underperformance of managed global funds, because it finds aticles to support it, but those articles don't tell you about the overwhelming constraints placed on those managers.
Its

 

[Justin Passing]

@Dec27 Just bought back my 500 shares AMD short. 10 bucks up, =5k. Sorry if you're still holding long...?

 

[Dec27]

@Dec27 Just bought back my 500 shares AMD short. 10 bucks up, =5k. Sorry if you're still holding long...?

I’ve had them for a while, they are up 120%+ I’ll hang on