Chit Chat
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Chit chatters investment thread.
Chit chatters investment thread.
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The best item I was bequeathed is a kilo silver ingot, not as valuable as the gold stuff but I use it as a door stop, and think of my old man every time I move it.
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once you get used to the selling ebay is pretty easy.
if you want around £50 for a coing pop it up higher say £65 and let the buyer have the option of making an offer, most times you get over what you wanted even if only a couple of ££. The best advice id give is be realistic with the price you want so much is listed very over priced and really all the seller is doing is wasting their own time. |
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I prefer silver to gold saddo.
Melt down scrap stuff but just prefer the silver. tend to sell the gold bars on but stash the silver! |
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I had quite a few gold cons including sovereign sets, mostly bought in the late 90s/early 00s.
Terrible value when I bought them although I didn't realise that at the time but it came good when gold price soared and I got on average nearly 3 times my investment. |
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Thats a nice feeling akabula.
I have had a few results and some disasters. |
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It was a great feeling. I bought most of them from the Royal Mint not realising their mark-up.
Naïve of me at the time but worked out well. I paid between £325 and £425 for 3 sovereign sets and about £350 to £450 each for some £5 coins. On reflection my return was about two and a half times my investment. |
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Long-suffering UK savers could soon see higher returns,
as one of Wall Street's swankiest banks boosts its presence on this side of the Atlantic. Goldman Sachs is well-known for its investment bank in London, but from Thursday it will also offer a savings account to members of the public. It will be known as Marcus by Goldman Sachs, after the bank's founder, Marcus Goldman. Savers will be offered 1.5% a year, currently the best rate on the market. That is also the highest return that UK savers have seen in the last two and a half years. Experts predict that such a competitive rate could force other banks and building societies to offer better returns as well. "I definitely think that it will mean other providers will think about upping their rates, but only time will tell," said Charlotte Nelson of Moneyfacts. "With them launching at such a high rate it's likely to make the challenger banks sit up and take notice." The next nearest easy access savings rate is currently 1.41%, offered by Yorkshire Building Society. However the Marcus account includes a bonus of 0.15%, which is only guaranteed for 12 months. Nevertheless best-buy tables change frequently, as new entrants seek to get a foothold in the market, or raise money quickly. The news could provide some relief for savers, who have complained that returns have not risen in line with two increases in the Bank of England base rate, in November last year and August this year. Some High Street banks are still paying as little as 0.15% interest a year. Anna Bowes, co-founder of Savings Champion, said: "Savers who fail to move their money from the shockingly low-paying easy access accounts on the high street are allowing themselves to be robbed. "By moving from some of the lowest paying accounts with the likes of HSBC, to a top-paying account such as the new account from Marcus, you can get up to 10 times more interest in a year." However many providers have had no need to offer competitive rates, as over the last few years they have been able to raise money very cheaply through Bank of England lending schemes. If successful in the UK, it's thought that Goldman Sachs may launch the Marcus savings brand elsewhere in Europe. It has been available in the US since 2016. |
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THEY don't want us to have cash savings.
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They do now they know where it all is, it's gold and other stuff you need if you want to hide owt.
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I'm considering buying a gold coin as a birth gift for a friend's newborn, though I'm vaguely worried that he'll get to about seven, take it to school and swap it for some marbles and a conker.
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royal mint will flog you one way over the odds
some of the dealers with links on the thread or elsewhere will charge you 5% over scrap value. i got a sovreign as a birth gift, i sold it when i went to uni. bought a new one when i left uni and it was £30 less than the one i sold.. having it when i was growing up was quite a nice little introduction to realising the value of things.... |
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• On why he doesn’t invest in gold:“You could take all the gold that’s ever been mined, and it would fill a cube 68 feet in each direction. For what that’s worth at current gold prices, you could buy all—not some—of the farmland in the U.S. Plus, you could buy 16 Exxon Mobils, plus have $1 trillion of walking-around money. Or you could have a big cube of metal. Which would you take? Which is going to produce more value?”
Courtesy of a £4 book. |
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Operation Grand Slam?
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sold some copper on ebay, got a crazy price for it.
feel guilty so will throw the guy a load of extra bits. |
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Stock markets falling now. If this keeps going some real bargains will appear.
 (and more frauds will be uncovered  ) |
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The FTSE 100 now pretty much at the same level as it was on 30 December 1999.
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Brexit reminds me of a young Millennium Bug
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im going in for a few Vodafone shares today.
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sold of some coins and bullion so a few more vods shares and going to start buying avast.
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Petro Matad (MATD.L).
Currently 6p. Big drill in Mongolia (Wild Horse) imminent (weather permitting) and three more next year, all fully funded. An exciting gamble. Good luck. |
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What is it that tickles us about oil exploration, I've been watching one all year but I know if I buy em they'll drop. The spread is the killer unless they move markedly up.
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"The FTSE 100 now pretty much at the same level as it was on 30 December 1999."
Because it had two huge crashes, and people who invest in shares properly aren't tracking the absolute value, the majority of the growth people get if they invest the best way in the FTSE etc is by compound reinvestment of the dividends with capital value growy helping. Over the last years people investing in shares have been doing really well. Lots of safe funds doing 8-9% a year never mind the high flyers. |
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The FTSE 100 now pretty much at the same level as it was on 30 December 1999
if you had the shares that were in the top 100 in 1999 how many would still be in top 100 today 60% ? so you would have to buy new shares and sell old shares, and that aint free.. lots have gained in past 3-4 years ...yes they have, thats good years, lots of funds now sitting around 12 month lows.....thats a poor year swings and roundabouts |
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Re-investing dividends would have seen your money more than double over that time. Still not fantastic for eighteen years but you have to take into account the low interest environment over that time which bumps your real returns up:
https://www.telegraph.co.uk/investing/income-iq/reinvesting-dividends-simple-but-effective/ |
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Donny you clearly don't invest in shares or funds otherwise you'd know if someone wanted to track the FTSE there are a plethora of FTSE trackers that will do just that with low fees (as trackers are easy to run) and the management and reinvestment done for you.
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I would guess that it would be less than 60% Donny.
But you would buy a tracker rather than buying them all individually. Although 18 years ago, this was a lot more expensive than now. It probably would have cost 100 basis points compared to 5 bp’s now on an FTSE 100 ETF. |
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You beat me to it JC!.
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I just had a quick look and the cheapest (according to justetf.com) is 7 basis points (ie. 0.07%) annual charges.
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just checking you clearly do not handle my share investments so dont make yourself look silly by making false assumptions about me
i am well aware of index tracking funds |
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Other options might include say this that seems to be popular right now but has done well for years:
http://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F0GBR06I5Z Disclaimer: This message does not constitute financial advice. The value may go up and down and your capital is at risk. If you want a low risk high return investment, put your money on whatever is the opposite of a Moneytree "nailed on" tip. |
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shares have surged these past few years but anybody that bought in 1999 and sold in 2014 didnt do so well
so even with the proviso they give of 5 - 10 year investments its not always a safe investment over that timescale |
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Well Donny two people who have posted immediately after you felt the need to correct you so take from that what you will...
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they have not corrected me, they have pointed out the same alternative
and they were not stupid enough to make assumptions based on a short post |
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what was wrong, in my post that you have corrected by the way ?
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Stock market up today
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My tip is the Cyber Security ETF (ISPY).
Not for any fundamentals, I just like the code. |
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saddo 19 Sep 18 18:01 Like the hosses, you're pretty reliant on other people's homework unless you put the hours in. I got involved this year after a long sabbatical. I ended up looking at the New Year press tips- I assume they save a good un for Christmas- seeing which had gone down after a couple of months and studied 6 of those. Oh dear !! |
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donny osmond
1.5 % ? So you invest £10,000 and make £150 in a year. Whoopee !! Likely to get bigger return ( with no risk) putting the lot in Premium Bonds. |
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1.5% do that in a week with a 1 tick offset.
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A very well reasoned reply facts. As it was, I bought into Galliford Try in the winter, took up the rights and with an interim dividend I cleared about 23%. I might look at them again, post brexit.
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