Share this page:
Stay connected:
Welcome to the Citywire Money Forums, where members share investment ideas and discuss everything to do with their money.

You'll need to log in or set up an account to start new discussions or reply to existing ones. See you inside!

Notification

Icon
Error

US stocks
Dian
Posted: 28 March 2017 05:21:57(UTC)
#22

Joined: 09/10/2016(UTC)
Posts: 183

Thanks: 132 times
Was thanked: 55 time(s) in 41 post(s)
Dian
Posted: 01 July 2017 00:02:30(UTC)
#23

Joined: 09/10/2016(UTC)
Posts: 183

Thanks: 132 times
Was thanked: 55 time(s) in 41 post(s)
Food related stocks always get some limelight in global markets. After Kraft Heinz’s unilever takeover bid, the latest one is Amazon’s Plan to Buy Whole Foods.

https://www.eater.com/20...56/blue-apron-ipo-price

http://www.cnbc.com/2017...the-end-for-coupons.html
Clinton Lee
Posted: 23 July 2017 15:17:51(UTC)
#6

Joined: 13/07/2017(UTC)
Posts: 6

Thanks: 3 times
Was thanked: 4 time(s) in 1 post(s)
Tony Peterson;44386 wrote:
Have you ever heard of the mouthwatering returns claimed by Bernard Madoff. They certainly impressed Nicola Horlicks.

Nicola Horlick (not Horlicks) is a friend. I feel compelled to point out that her fund, Bramdean, did lose a large chunk to Madoff, as did numerous other very sophisticated investors.

We should remember that Madoff was able to pull off the scam he did because of major failures by US regulators, not because investors were gullible.
Tug Boat
Posted: 23 July 2017 15:30:17(UTC)
#24

Joined: 16/12/2014(UTC)
Posts: 80

Thanks: 1 times
Was thanked: 84 time(s) in 36 post(s)
Watching TWO. May have a punt
Tony Peterson
Posted: 23 July 2017 19:50:04(UTC)
#25

Joined: 10/08/2009(UTC)
Posts: 902

Thanks: 486 times
Was thanked: 867 time(s) in 418 post(s)
Clinton Lee

I stand corrected about your friend's name. I guess it was because she made a horlicks out of Bramdean that mislead me.

But surely sophisticated investors would do their own research and not rely on regulatory authorities. I mean, who would ever trust a US ratings agency these days after the triple A rating they gave to the CDO rubbish?

And I do hope you yourself are not too heavily into Relendex after her previous "sophisticated" ventures. The word bargepole springs to my mind with these "sophisticated" P2P schemes. Like the ones telescammers offer me daily.

dyfed

Glad you were able (Transactions thread) to take some profit from UU. As I noted, so did I. But I quickly replaced the shares I sold at 1033 for only 860. I wouldn't let Corbyphobia frighten me off the utilities' natural cycles.

I couldn't help noting that our last transaction in UU (one which had been repeated many times) left us with a 6 figure investment that has cost us nothing net. Realised gains (in ISAs or within our cgt allowance) plus dividends exceed the total amount we invested in the first place. It seems that gullible investors like me can make yields of infinity % if we do our own thing.

Now that we get hammered with dividend tax (not complaining) why does this gullible nation allow foreigners to avoid paying dividend tax here? Perhaps we should learn a trick or two from Trumpland and slam a 5% withholding tax on all dividends.( I can remember when any form of "unearned" income attracted a 15% surcharge.)

With foreign investors buying up our businesses thanks to a weak pound, why are we taxing only our own citizens? It should be asked.
3 users thanked Tony Peterson for this post.
Mr Helpful on 24/07/2017(UTC), J Thomas on 06/08/2017(UTC), dyfed on 07/08/2017(UTC)
Dian
Posted: 06 August 2017 00:10:58(UTC)
#28

Joined: 09/10/2016(UTC)
Posts: 183

Thanks: 132 times
Was thanked: 55 time(s) in 41 post(s)
Finally, Boeing passed Apple as the best performing Dow stock during first half of the year.

http://www.nzherald.co.n...=3&objectid=11899178
Mr Helpful
Posted: 06 August 2017 07:28:44(UTC)
#26

Joined: 04/11/2016(UTC)
Posts: 216

Thanks: 249 times
Was thanked: 231 time(s) in 118 post(s)
Tony Peterson;49150 wrote:

dyfed

Glad you were able (Transactions thread) to take some profit from UU. As I noted, so did I. But I quickly replaced the shares I sold at 1033 for only 860. I wouldn't let Corbyphobia frighten me off the utilities' natural cycles.

I couldn't help noting that our last transaction in UU (one which had been repeated many times) left us with a 6 figure investment that has cost us nothing net.


In such instances as UU, is the TP method/tactic to sell right out (100%) and then buy back in (100%), or more nuanced ?

It is certainly rewarding to see -ve book costs appearing for individual positions.
Makes buy and hold look a little sad.
Thanks

P.S. The UU cycling chart pattern custom made for the TP method.
Long may it continue.
1 user thanked Mr Helpful for this post.
Tony Peterson on 06/08/2017(UTC)
Tony Peterson
Posted: 06 August 2017 08:58:26(UTC)
#29

Joined: 10/08/2009(UTC)
Posts: 902

Thanks: 486 times
Was thanked: 867 time(s) in 418 post(s)
Mr Helpful

We are really LTBH investors. Our principal holding (about 10k shares) in UU (our own water provider) is in certificated form. It hasn't been touched over the last four years. Average acquisition price about 500p. A few more are held in nominee accounts (for possible March CGT free profit takes) and the remainder (actively traded) in our ISAs. Our ISA shareholding gets tweaked regularly. More are added should the share price fall below 900, and some or all get sold when the price exceeds 1020.

It does not surprise me that our total ISA values grow faster than our main holding.

We do not have to worry about paying our water bills.. what a wonderful water world.
3 users thanked Tony Peterson for this post.
Vince. on 06/08/2017(UTC), Mr Helpful on 06/08/2017(UTC), Jeff Liddiard on 06/08/2017(UTC)
Tony Peterson
Posted: 06 August 2017 09:35:36(UTC)
#30

Joined: 10/08/2009(UTC)
Posts: 902

Thanks: 486 times
Was thanked: 867 time(s) in 418 post(s)
And by the way, I"m sorry Dyfed - gone off the topic of US stuff again..

I shouldn't be on this thread. I've no intention of paying Trumpytax.
1 user thanked Tony Peterson for this post.
dyfed on 07/08/2017(UTC)
Clinton Lee
Posted: 06 August 2017 22:27:37(UTC)
#27

Joined: 13/07/2017(UTC)
Posts: 6

Thanks: 3 times
Was thanked: 4 time(s) in 1 post(s)
Tony Peterson;49150 wrote:
But surely sophisticated investors would do their own research and not rely on regulatory authorities.

You need a combination of proper research and sound regulatory oversight. A failure in either one can cause severe damage to the wallet.

Numerous books on the subject, and hundreds of post mortem articles (example), are unanimous about the abject failure of US regulators.

But I completely agree with you about foreigners and dividend taxation.
Captain Slugwash
Posted: 07 August 2017 09:42:12(UTC)
#31

Joined: 19/07/2017(UTC)
Posts: 15

Thanks: 12 times
Was thanked: 24 time(s) in 10 post(s)
Apologies for resurrecting an old thread, but going back to the original question, those companies with mouth watering yields probably have the same problems as those companies in the UK with big yields. CLLN etc.

Quality US companies, in reality global leaders headquartered in the USA, will be in the
2.5 - 4% yield range.
I am quite happy to hold several through my SIPP.

I would like to hold more quality European companies, but most only pay 1 dividend a year which I can't accept, and of course higher dividend taxes.
Tony Peterson
Posted: 07 August 2017 10:14:49(UTC)
#32

Joined: 10/08/2009(UTC)
Posts: 902

Thanks: 486 times
Was thanked: 867 time(s) in 418 post(s)
Skipper

Your post triggered off one half-remembered fact about US taxation.

If I remember correctly (someone will put me right if I don't) shares held in SIPPs are exempt from withholding tax??

Not much use to me, I"m afraid.
Captain Slugwash
Posted: 07 August 2017 11:51:04(UTC)
#33

Joined: 19/07/2017(UTC)
Posts: 15

Thanks: 12 times
Was thanked: 24 time(s) in 10 post(s)
Correct Tony

If held in a SIPP, a decent platform should ensure that you receive the full amount, i.e. no 15% withholding tax.

If held in an ISA you will be subjected to the 15%.

Canada has a similar arrangement, and European countries vary.

Personally I try to keep the ISA UK only and put the North Americans in the SIPP.
3 users thanked Captain Slugwash for this post.
Tony Peterson on 07/08/2017(UTC), Tim D on 07/08/2017(UTC), gillyann on 07/08/2017(UTC)
Tony Peterson
Posted: 07 August 2017 12:46:19(UTC)
#34

Joined: 10/08/2009(UTC)
Posts: 902

Thanks: 486 times
Was thanked: 867 time(s) in 418 post(s)
Cap'n

Very sensible of you.

I would do the same if allowed.

Remember, any aggrieved youngsters out there (angry about the privileges of the ancients) there's still one or two perks we are excluded from.
2 PagesPrevious page12
+ Reply to discussion

Markets

Other markets