Trading Tips

[motorbiking]

From next year, that cash interest may be deemed in excess of your allowance if its was generated from a pot above £12k created in tax year 27/28 on. Otherwise it's a nice easy way around Rachel's new ISA rules.

 

[motorbiking]

@Highway Man

Open trading 212.
Just select the stocks ISA tab.
Just that one. Nothing else.
Answer questions to open account. They have to ask the questions for legal reasons so just answer them.
Sign form. Basically tick box..
Transfer £10 in.
Buy a global fund.

Come back when you have done that.
We can move to the next step.

but don't buy when the markets are closed. e.g. the weekend.

by the sound of it, he's already spent it on a new motorbike

 

[Dereekoo]

very sound advice, I just hope to god nobody now comes on with a load of jargon to crush my confidence. These graphs and indexs just throws it out of the window for me.

In that case I will not tell you about the 4000 shares I bought in Debenhams in 2012 and held till they went into administration circa 2019. £5k slowly down the plughole. If Justin had been around he would have advised me to have a stoploss sell point at 20% down I guess.

 

[Wayners]

Yeah..
Interest being paid daily on cash held in stocks ISA is a headache for the government it seems.
Cash ISA is easy to tax.

People transferring money in and out and selling and buying stocks causes the cash pot held to be constantly changing for some accounts.
Government need UK people to invest in our companies yet the propose restrictions I don't fully understand. As it stands is a good interest rate and paid daily. Who's getting 3.8% in high street bank?

 

[motorbiking]

Chase gives 4.6% and I think I have a cahoot and spring account paying about 3.8.

 

[motorbiking]

I bought some NVIDIA on Friday. It will lose money short term. But I think the fall will start to ease this week.

Just sayin' 96ish. now 202. 110% in a year, most of that made in the first month.

 

[motorbiking]

In that case I will not tell you about the 4000 shares I bought in Debenhams in 2012 and held till they went into administration circa 2019. £5k slowly down the plughole. If Justin had been around he would have advised me to have a stoploss sell point at 20% down I guess.

It's so hard to cash out on a loss. It makes it real. and of course as has been said stop losses can bump you out on a volatile day without getting you back in, when they recover.