shmmeee
Well-Known Member
As I said in a panel about new tech once: blockchain doesn’t make everything better, it’s not bacon
Valued at 79 times earnings when listed. Its success is instrumentally tied to the success of Bitcoin as a transactional currency.
At the other end of the scale, I've watched with interest Wildcat Petroleum's story since listing on AIM just a few months ago. It listed at 1p. Upon listing, its manifesto was simply to buy oil assets, and as the company is simply run by a Head of Global Sales for a brand of BP Lubricants and has no serious backing, it hovered around 1p for 6 weeks. Then the company announced that it was 'going to do something with blockchain and oil & petroleum". It's now 3p. I'm very confident that the company will be a micro penny stock in 2 years' time, but never bet against blockchain in the short term.
I thought there was forum agreement not to discuss bacon?
Back when I put my money where my mouth was....I put the lions share into IOTA as its quicker and no mining involved due to the transaction security protocols being carried by the sender....or something like that....I do recall that Bosch innovations arm invested just after me so I thought I'd nailed it....then the crash.
Just back in the black on IOTA.
I also bought stellar back in the day cos it was like
stella.
Haven’t really trawled all the previous pages, but who did you decide to go/set up an account with?Iota on the move, up 18% today.
Haven’t really trawled all the previous pages, but who did you decide to go/set up an account with?
It's the 6th June so exactly 12 months after I started my MoneyBox S&S ISA. No change to the deposit or saving settingAs of this morning, my MoneyBox S&S ISA now sits at £2715.26 making 9.05%! I've kept the deposit at £50+ round ups and the saving setting as Adventurous
Really happy with that!
Be interesting what the value is on the 6th June when I started
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Out of curiosity how has deflationary /inflationary pressure affected the total?It's the 6th June so exactly 12 months after I started my MoneyBox S&S ISA. No change to the deposit or saving setting
I now have £3300.42 making 9.5%
Really pleased with that and hope it continues!
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No 100% sure if I'm being honest. What I will say is I started this in June 2020 so after the drop in market shares once the pandemic hit and from then on it has slowly creeped back up again. Having checked my ISA every other day I can only recall a handful of time when it was making a loss; generally it has been 5% or higher and certianly this year it as been anywhere between 8%-12%.Out of curiosity how has deflationary /inflationary pressure affected the total?
Yeah thanks for the info, just trying to figure out the effect of printing money really.No 100% sure if I'm being honest. What I will say is I started this in June 2020 so after the drop in market shares once the pandemic hit and from then on it has slowly creeped back up again. Having checked my ISA every other day I can only recall a handful of time when it was making a loss; generally it has been 5% or higher and certianly this year it as been anywhere between 8%-12%.
It's the 6th June so exactly 12 months after I started my MoneyBox S&S ISA. No change to the deposit or saving setting
I now have £3300.42 making 9.5%
Really pleased with that and hope it continues!
Sent from my I3113 using Tapatalk
Mate, that's pritty impressive, give it a year or two and you'll be paying for holidays with dividend payments.
@skyblue1991 Reinvest the dividends!
Thanks, I'm just going to keep it going as is and see where I am in a year's time. Anything more than double is a bonus but hopefully as share prices rise it will be even better than that!Mate, that's pritty impressive, give it a year or two and you'll be paying for holidays with dividend payments.
Thanks, I'm just going to keep it going as is and see where I am in a year's time. Anything more than double is a bonus but hopefully as share prices rise it will be even better than that!
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Only if its making money though of course!Fair play mate
I did tell you I work on 10% commission for the recommendation…..didn’t I?
Only if its making money though of course!
How is your MoneyBox ISA looking?
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Anyone looked at whiskey investment? Seems a fairly high starting investment but looks a long term steady investment? Anyone looked at dabbling?
This seems like a decent place to ask. Works bringing in a bonus structure, I’ve never worked anywhere with a bonus before. Just looking into it and it’s taxed like income so I stand to lose a few thousand to tax if/when it comes. Is there any smart thing I can do to reduce my tax burden on that or should I be a good socialist and suck it up?
How big is the bonus if the tax on it is a few thousand?!I stand to lose a few thousand to tax if
How big is the bonus if the tax on it is a few thousand?!
Most places I've worked bonuses have been the norm until about 10-12 years ago. They were paid 3 or 4 times a year and in the (very) low 4 figures so never really needed to make any arrangements to avoid paying tax.
Still not got all the details but they’re talking about £6k+ on target, which according to Google I’d only see just over £3k of as it would be paid in one lump sum in my pay packet.
I just know as I’m PAYE if I do nothing they’ll do that stupid thing where they think that’s your new salary for the year and massively over tax you.
It’s all new to me though. Most I’ve ever had before was a one off couple of hundred quid in my pay packet.
CONS + 1Still not got all the details but they’re talking about £6k+
Can ask for bonus to be paid into your pension?
Yes looking at about 2.2k per barrel, estimated 10% return per year (or so they quote!). It’s a 10 year wait at least to get returns so Defo now quick turnaroundI did about 4 months ago, the prices put me off, wanted 4k a barrel. Has some good returns just not for me.
Fuck all you can do about it unless you want to pay it into your pension. Just got to take it on the nose.This seems like a decent place to ask. Works bringing in a bonus structure, I’ve never worked anywhere with a bonus before. Just looking into it and it’s taxed like income so I stand to lose a few thousand to tax if/when it comes. Is there any smart thing I can do to reduce my tax burden on that or should I be a good socialist and suck it up?
Yes looking at about 2.2k per barrel, estimated 10% return per year (or so they quote!). It’s a 10 year wait at least to get returns so Defo now quick turnaround
Trying to cut a long story short, but 25ish years ago, I was the only one in my department that opted not to join my companies share save scheme, and on the advice of an old boy I worked with at that time I opted to put the money I would of invested into my companies final salary avc plan.That’s what Google said. I know this is financially sensible but equally I want money now!
There seems to be a difference also in spirit and actual whiskey. Spirit is cheaper but needs 3 years to get to whiskey but I suppose if your happy to sit on an investment for 10 years plus then it might work. Very tax efficient tooI'm not too sure, but what I was thinking is that due to the lack of raw materials and potential disruption of the manufacturing process (due to covid), that this current year of production maybe at an inflated price in the future due to the issues mentioned. Had a quick look, decided it wasn't for me and moved on.
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