OV9

Mito Man wrote: Thu Nov 26, 2020 9:45 pm Spend the £500 on some nice restaurants once lockdown is over. At least then you’ll have no money but a full stomach.

Even better - get yourself some of their cook at home boxes and help to ensure that they'll still actually be open once lockdown is over!

Restaurants do cook at home boxes now? I thought that was independent food subscription places and supermarkets?

I click and collect, if I want food from a restaurant I’m not cooking it myself

Getting a bit O/T but yeah - they range from cook at home to heat at home etc. We've had a Tommy Banks one and it was bloody lovely!

I've seen a few places our way doing this cook at home stuff, but I'm with Mito, if I'm paying that premium I'd rather they cooked it!

Surely half the fun of cooking is shopping for the ingredients. Especially in these times when it's something to do when you are not allowed out to do anything.

V8Granite wrote: Thu Nov 26, 2020 11:20 am Does anyone use an easy to use app based share buying majigga ?

I want to put £500 into a pot and play with it and see what happens.

Dave!

For the amounts you're looking at a Freetrade General Investment Account would do the job.

The free version is pretty basic but has access to plenty of shares, investment trusts and ETFs if you're looking to have a play on a buy and hold basis.

It's not an isa but you'd have to realise a gain of more than £12,300 for that to be an issue.

Looks like bitcoin or Tesla if the sentiment continues on the same trend?

I'd love to dabble having done some coding work for a guy on Metatrader, but I decided I'd get addicted and lose the lot.

There’s an interesting experiment happening just now. Reddit day traders are trying to bankrupt a hedge fund by holding onto shares in a company (GameStop) that the fund was trying to short sell. I wonder if their nerve will hold.

https://www.independent.co.uk/life-styl ... 92929.html

I've got a Nutmeg Stocks & Shares ISA. I moved my savings there after I earned a princely £0.91 interest on a Barclays account with about £4K in it. Made £78 in the first week - that was on a medium risk. You answer a load of questions in advance to help gauge your risk aversion and it'll advise you accordingly. You can manage everything online and in an app. If anyone wants in I can give you a referral link to sign up with and you get 3 months fee free. It's really easy and I wish I'd done it years ago.

Jobbo wrote: Thu Nov 26, 2020 12:13 pm

I use a Fidelity ISA

Stocks&Shares ISA ?

I think IG is cheaper ?

ZedLeg wrote: Wed Jan 27, 2021 6:54 am There’s an interesting experiment happening just now. Reddit day traders are trying to bankrupt a hedge fund by holding onto shares in a company (GameStop) that the fund was trying to short sell. I wonder if their nerve will hold.

https://www.independent.co.uk/life-styl ... 92929.html

Ha! That's great.

This is superbly done

When AOC, Ted Cruz, Trump Jnr and Bernie Sanders (edit + Elon) are on the same side of an argument (trading apps restricting users to sell-only transactions) your know we've jumped into an even weirder timeline than 2020...

The mole people ruling hollow Earth are going to turn up in June, I've called it.

ZedLeg wrote: Wed Jan 27, 2021 6:54 am There’s an interesting experiment happening just now. Reddit day traders are trying to bankrupt a hedge fund by holding onto shares in a company (GameStop) that the fund was trying to short sell. I wonder if their nerve will hold.

https://www.independent.co.uk/life-styl ... 92929.html

What's happened since the Robin Hood platform restricted trading? Is this still rumbling?

Swervin_Mervin wrote: Fri Jan 29, 2021 9:41 am What's happened since the Robin Hood platform restricted trading? Is this still rumbling?

The share price halved but the hedge funds had already closed their position and taken a loss.

Many of the Redditers out of pocket then?

It’s recovered to $428 now - Most hedge funds haven’t closed, the last time I checked it was still over 130% short.

Apparently Robinhood ran out of collateral (what with the influx of Redditors taking advantage of the commission free trades) so had to stop purchases.

Credible. But there's always this:

That's not a conflict of interest, that's the actual 'invisible hand of the market'.