agent69
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Post by agent69 on Feb 9, 2022 11:08:24 GMT
Maybe, but as the saying goes, "in the long run we're all dead". In 1929 the Dow fell and took 25 years to recover. Not all of us have an investment timescale of more than 5 years. There would appear to be a lot of market turbulence ahead. If I had a reliable way to know when to buy and when to sell I'd consider stocks, but not without. You could have a look at structured products like those at www.lowes.co.uk/ These usually cannot perform worse than stocks (ignoring dividends) and will in almost all scenarios give a generous return. The downsides are that stocks will outperform them in a strong bull market, and they have to be held until maturity which date is often unknown at the outset as they will mature when the relevant index has triggered repayment. They take the decision of when to buy and when to sell out of your hands. What could possibly go wrong!
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Post by overthehill on Feb 9, 2022 12:44:02 GMT
You could have a look at structured products like those at www.lowes.co.uk/ These usually cannot perform worse than stocks (ignoring dividends) and will in almost all scenarios give a generous return. The downsides are that stocks will outperform them in a strong bull market, and they have to be held until maturity which date is often unknown at the outset as they will mature when the relevant index has triggered repayment. They take the decision of when to buy and when to sell out of your hands. What could possibly go wrong! Replace structured with expensive, performance fees, opaque, illiquid, high risk.
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littleoldlady
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Post by littleoldlady on Feb 9, 2022 18:19:14 GMT
You could have a look at structured products like those at www.lowes.co.uk/ These usually cannot perform worse than stocks (ignoring dividends) and will in almost all scenarios give a generous return. The downsides are that stocks will outperform them in a strong bull market, and they have to be held until maturity which date is often unknown at the outset as they will mature when the relevant index has triggered repayment. They take the decision of when to buy and when to sell out of your hands. What could possibly go wrong! There is always a stop date when the bond will mature if the index has not previously triggered. Often 5 to 10 years. If your time horizon is shorter than that you should not be in stocks either.
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Post by drphil on Feb 9, 2022 18:58:19 GMT
what are the fees on these products as i assume they may be high as i guess they cover the offered product and a management fee? Around 1.5% from memory. Cavendish used to offer an execution-only service for a flat £35 fee but no longer, alas
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littleoldlady
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Post by littleoldlady on Feb 9, 2022 19:10:17 GMT
Around 1.5% from memory. Cavendish used to offer an execution-only service for a flat £35 fee but no longer, alas From Lowes fees are 1.65% (pick your own) or 3% (advised). That's one off, not pa. www.comparestructuredproducts.com/
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macq
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Post by macq on Feb 9, 2022 19:15:22 GMT
Around 1.5% from memory. Cavendish used to offer an execution-only service for a flat £35 fee but no longer, alas sounds about right as after digging around their site - Lowes quote an OCF of 1% and within that 1% a management fee of 0.5%.Plus they mention there may be a fee for using an FA but i notice the likes of Charles Stanley offer it on their platform with the usual platform fee
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macq
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Post by macq on Feb 9, 2022 19:18:39 GMT
Around 1.5% from memory. Cavendish used to offer an execution-only service for a flat £35 fee but no longer, alas From Lowes fees are 1.65% (pick your own) or 3% (advised). That's one off, not pa. www.comparestructuredproducts.com/Thanks for the link i will have a read - slightly more then i found but i may have been looking at a different product (UK defined strategy?)
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Post by redpete on Feb 13, 2022 16:34:04 GMT
Over the years a few forum members have mentioned WhiskyInvestDirect. Can anyone share recent experience of this company, and/or give any pointers for newcomers? The website seems very professional... 6 months to reply but... I've dipped my toe into WID since August 21, currently at ~ £4k invested. The model is straightforward, you can buy shares (from one litre upwards) in whisky from a range of distilleries where WID hold the barrels in managed storage. Investors can buy and sell units from each other with live order boards giving the current buy / sell prices, an individual investor can put in the price they are prepared to buy at or, for whisky that they own, the price that they are prepared to sell at. The buy / sell spread can be significant but varies widely. You can also buy into new barrels as they are released onto the market by WID, and whisky makers can buy in bulk through a bulk-offer mechanism. So WID buy barrels of whisky from the distilleries, put these into managed storage and sell units to investors. They charge a fee on seller and buyer when a deal is made (1.75% on each) and a monthly storage fee equivalent to 17.5 p / litre / year. The storage fee means that charges are relatively higher on cheaper whiskies (grain is cheaper than malt, young is cheaper than old); the annual fee on the whiskies I hold varies from 3.4% (5 yr-old malt) to 15.5% (3 mth-old grain). My return is currently showing at ~ 30% per annum, based on current buy offer prices and excluding selling fee. Note however that this is over only a short term. I have sold some stocks where I have noticed a spike in the price. Liquidity seems reasonable thus far, although this hasn't been tested in a falling market. The price history graphs on the site show steady growth across the board. I'm not convinced that the market is very 'efficient' - a lot of the prices seem to be set by WID rather than due to the market force of a large number of individual investors. At the moment this is home for money that I am prepared to lose but I am enjoying the ride thus far.
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nyneil
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Post by nyneil on Feb 13, 2022 19:51:28 GMT
Over the years a few forum members have mentioned WhiskyInvestDirect. Can anyone share recent experience of this company, and/or give any pointers for newcomers? The website seems very professional... 6 months to reply but... I've dipped my toe into WID since August 21, currently at ~ £4k invested. The model is straightforward, you can buy shares (from one litre upwards) in whisky from a range of distilleries where WID hold the barrels in managed storage. Investors can buy and sell units from each other with live order boards giving the current buy / sell prices, an individual investor can put in the price they are prepared to buy at or, for whisky that they own, the price that they are prepared to sell at. The buy / sell spread can be significant but varies widely. You can also buy into new barrels as they are released onto the market by WID, and whisky makers can buy in bulk through a bulk-offer mechanism. So WID buy barrels of whisky from the distilleries, put these into managed storage and sell units to investors. They charge a fee on seller and buyer when a deal is made (1.75% on each) and a monthly storage fee equivalent to 17.5 p / litre / year. The storage fee means that charges are relatively higher on cheaper whiskies (grain is cheaper than malt, young is cheaper than old); the annual fee on the whiskies I hold varies from 3.4% (5 yr-old malt) to 15.5% (3 mth-old grain). My return is currently showing at ~ 30% per annum, based on current buy offer prices and excluding selling fee. Note however that this is over only a short term. I have sold some stocks where I have noticed a spike in the price. Liquidity seems reasonable thus far, although this hasn't been tested in a falling market. The price history graphs on the site show steady growth across the board. I'm not convinced that the market is very 'efficient' - a lot of the prices seem to be set by WID rather than due to the market force of a large number of individual investors. At the moment this is home for money that I am prepared to lose but I am enjoying the ride thus far. Have you found a good strategy? Which type / age etc appreciates best...
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Post by redpete on Feb 17, 2022 11:22:56 GMT
It's only been a short time, so not a good basis for drawing many conclusions, but... It's difficult to see why you'd buy grain whiskies, the per-litre fees really eat into returns. Pricing of new stock seems attractive so pre-ordering new stock has been good so far. You can get an idea of the potential of a particular whisky (say Benrinnes Malt Refill Hogshead) and note the prices of that whisky at different ages (e.g. 21Q4, 21Q2, 20Q3 and so on). For an amateur like me it's a lot of work to step through the website and copy prices into a spreadsheet, someone has put together data from scraping the WID website here, but I'm not convinced by the figures they derive for potential return. |
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Post by overthehill on Sept 13, 2022 15:00:17 GMT
Aston Martin.
I remember looking at this very briefly at IPO and thought no chance, they only make about 100 cars a year or something ridiculous like that. I don't invest in single shares any way but I have this innate defence mechanism for lead balloons. Might be worth a flutter now. There are some shares which bounce between high and low points forever, I did once cash in three times with virgin money shares doing exactly that.
Market capitalisation : £700 million
Year high: 1,970.00p Year low: 155.05p
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JamesFrance
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Port Grimaud 1974
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Post by JamesFrance on Sept 13, 2022 16:21:02 GMT
Aston Martin.
I remember looking at this very briefly at IPO and thought no chance, they only make about 100 cars a year or something ridiculous like that. I don't invest in single shares any way but I have this innate defence mechanism for lead balloons. Might be worth a flutter now. There are some shares which bounce between high and low points forever, I did once cash in three times with virgin money shares doing exactly that.
Market capitalisation : £184.88 million
Year high: 1,970.00p Year low: 155.05p I have been tempted by this having owned 2 of their cars a long time ago, one built in 1922 and the other 1965, I have models of both beside me, the early one being my actual car recently driven by Seb at Paul Ricard. Unfortunately the various owners have all had a tendency to become insolvent so I will avoid the temptation.
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Post by overthehill on Sept 19, 2022 11:40:16 GMT
Aston Martin.
I remember looking at this very briefly at IPO and thought no chance, they only make about 100 cars a year or something ridiculous like that. I don't invest in single shares any way but I have this innate defence mechanism for lead balloons. Might be worth a flutter now. There are some shares which bounce between high and low points forever, I did once cash in three times with virgin money shares doing exactly that.
Market capitalisation : £700 million
Year high: 1,970.00p Year low: 155.05p
Porsche IPO , VW values it at 75B$. It would do, you can always put your trust in the integrity of Volkswagen.
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jonno
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nil satis nisi optimum
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Post by jonno on Sept 19, 2022 11:47:10 GMT
Aston Martin.
I remember looking at this very briefly at IPO and thought no chance, they only make about 100 cars a year or something ridiculous like that. I don't invest in single shares any way but I have this innate defence mechanism for lead balloons. Might be worth a flutter now. There are some shares which bounce between high and low points forever, I did once cash in three times with virgin money shares doing exactly that.
Market capitalisation : £700 million
Year high: 1,970.00p Year low: 155.05p
Porsche IPO , VW values it at 75B$. It would do, you can always put your trust in the integrity of Volkswagen.
Quite; I understand their latest model has nil carbon emissions and does 525 miles to the gallon.
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Post by overthehill on Sept 19, 2022 12:27:31 GMT
Porsche IPO , VW values it at 75B$. It would do, you can always put your trust in the integrity of Volkswagen.
Quite; I understand their latest model has nil carbon emissions and does 525 miles to the gallon.
The porsches on this cargo ship did 525 nautical miles to the gallon.
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