Tuesday, 22 November 2022
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Fellow blues - Okay so maybe a football forum isn't the obvious place to seek financial advice but thought i would give it a go anyway.
So the current situation is i have around 300-500 quid a month to save, this may not last for long so i don't want to tie up any money and would like to ensure its accessible if and when required. I pay into a pension, have equity in my property and have a decent amount saved in Premium Bonds so in my mind that's my safety net sorted. I have set up an online trading account to pay into a stocks and shares ISA but this is where i am getting a bit out of my depth, Bearing in mind the economic forecast for the next few years does anyone have a strategy they would like to share?
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6 days ago
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#320021
Top up your pension to the maximum allowable. Buy ISAs up to the maximum allowable. Put a bit in Premium Bonds (a bit of fun, some return, possible jackpot)
You've done all this. It sounds as though you've got everything sorted!

'I have set up an online trading account to pay into a stocks and shares ISA but this is where i am getting a bit out of my depth...'

My only advice after this is don't gamble with money you're not prepared to lose.

Don't invest in anything you don't understand.
6 days ago
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#320022
Just a note be very wary of investment scams as well they are abundant , and they will come with portfolios , booklets etc . Always check the FCA first
6 days ago
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#320024
I made a few Bob on the crypto markets but wouldn’t touch it with a barge pole at the moment.
6 days ago
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#320025
I wondered whether anyone was in Alameda FTX
I made a few Bob on the crypto markets but wouldn’t touch it with a barge pole at the moment.


Yeah that market is way beyond my understanding.
Just a note be very wary of investment scams as well they are abundant , and they will come with portfolios , booklets etc . Always check the FCA first


Thanks Happy - I am using Interactive Investor and they are all above board.
LISAs - stick up to £4000 in a year, and the government give you 25% of what you put in. You can do it until you are 50 but must set one up before you are 40. Penalty if you withdraw before you are 60. No good obviously for instant access.
6 days ago
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#320034
I hear Universal Credit is on the up
6 days ago
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#320036
Carlisle based Carrs Group has failed to have its financial results audited on time.

The next paragraph is copied and pasted from the RNS.

'As a result, the Group expects that it will request in due course for the listing of the Company's shares to be temporarily suspended with effect from 7.30 a.m. on 4 January 2023. The Company intends to request a restoration of the listing of its shares on publication of its FY22 audited results'.

The shares are down 6.5% today.

Does anyone want to speculate what might be behind this and what the implications of it might be going forward?
LISAs - stick up to £4000 in a year, and the government give you 25% of what you put in. You can do it until you are 50 but must set one up before you are 40. Penalty if you withdraw before you are 60. No good obviously for instant access.


Thanks but unfortunately I have missed the boat on this one, wrong side of 40
I hear Universal Credit is on the up


I and the pension unfortunately neither any use for me.
6 days ago
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#320041
I looked at Carrs today-I think the delay is a technical audit issue based on conflict of interest at the audit firm level and nothing to do with Carrs.Of course that doesn’t help Carrs and their share price in a very fragile market.I think Carrs will be struggling with margin pressure-input costs in agriculture are ridiculous.

I’m buying MICT on Nasdaq-it’s had a decent run in the last few days but my target is much higher.Target $10

Also have a look at SRT on AIM-I floated it in 2005 and was a director for a long time.Looks like they are on the cusp of some big contract news.Target £3

I’m very heavy into SCE-great business in Liverpool.We make ceramic brakes and are challenging Brembo who own 99pc of the market.Target £3
I looked at Carrs today-I think the delay is a technical audit issue based on conflict of interest at the audit firm level and nothing to do with Carrs.Of course that doesn’t help Carrs and their share price in a very fragile market.I think Carrs will be struggling with margin pressure-input costs in agriculture are ridiculous.

I’m buying MICT on Nasdaq-it’s had a decent run in the last few days but my target is much higher.Target $10

Also have a look at SRT on AIM-I floated it in 2005 and was a director for a long time.Looks like they are on the cusp of some big contract news.Target £3

I’m very heavy into SCE-great business in Liverpool.We make ceramic brakes and are challenging Brembo who own 99pc of the market.Target £3


Thanks, I'm just dabbling here but it would be good to come out up at the end of it.
5 days ago
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#320049
If your wanting no risk there are some decent cash ISA rates 3% for instance access more if you lock in for a period of time you say you pay into a stocks and shares ISA have a look for a global tracker


Something like

ESG Developed World All Cap Equity Index Fund Tick the accumulation box then any dividends it generates will get reinvested

It invests in 4485 of the world top companies it costs 0.2 % per year you can pay in monthly but you should be looking at keeping hold for at least 5 years

Picking Individual companies can be volatile I’m looking seriously at Marks and Spencer

I’ve just invested in Tritax Big Box
5 days ago
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#320050
Tritax Big Box-I used to work with them on big developments around the U.K.-we have something in common Taffy!!
5 days ago
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#320052
Tritax Big Box-I used to work with them on big developments around the U.K.-we have something in common Taffy!!


Looks interesting and future proof !!! Was also good value and now been a pensioner (not economically inactive) I like a little divvy now and again !!!
5 days ago
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#320053
I looked at Carrs today-I think the delay is a technical audit issue based on conflict of interest at the audit firm level and nothing to do with Carrs.Of course that doesn’t help Carrs and their share price in a very fragile market.I think Carrs will be struggling with margin pressure-input costs in agriculture are ridiculous.

I’m buying MICT on Nasdaq-it’s had a decent run in the last few days but my target is much higher.Target $10

Also have a look at SRT on AIM-I floated it in 2005 and was a director for a long time.Looks like they are on the cusp of some big contract news.Target £3

I’m very heavy into SCE-great business in Liverpool.We make ceramic brakes and are challenging Brembo who own 99pc of the market.Target £3


Thanks, I'll have a look at those.
5 days ago
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#320057
I would be careful with mict. They run the insurance platform that allows Western companies to insure Russian oil shipments through Hong-Kong. Lloyd's has issued a warning about them.

Why not just buy s&p 500 index trackers? Britain is due to go further into recession, at least you'll get the currency gain if the pound falls against the dollar. Fees are effectively nothing if you buy through vanguard. Or buy gold, as the Western economies decline tangibles will become more attractive.
Thanks for the replies - it's given me plenty to look into.
5 days ago
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#320072
Any thoughts on surface transforms Laffy ?
Buy more or sell.
5 days ago
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#320074
I’ve got over 3m shares so I’m conflicted!

Target is £2
5 days ago
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#320076
I looked at Carrs today-I think the delay is a technical audit issue based on conflict of interest at the audit firm level and nothing to do with Carrs.Of course that doesn’t help Carrs and their share price in a very fragile market.I think Carrs will be struggling with margin pressure-input costs in agriculture are ridiculous.

I’m buying MICT on Nasdaq-it’s had a decent run in the last few days but my target is much higher.Target $10

Also have a look at SRT on AIM-I floated it in 2005 and was a director for a long time.Looks like they are on the cusp of some big contract news.Target £3

I’m very heavy into SCE-great business in Liverpool.We make ceramic brakes and are challenging Brembo who own 99pc of the market.Target £3


Thanks, I'll have a look at those.


I wouldn't listen to Laffy, he doesn't have a pot to piss in! :D
5 days ago
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#320078
Plenty of ceramic brakes though

I will post the recent research note if I can find it
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