The FTSE

  • Thread starter Thread starter worsleyweb
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Baillie Gifford have had a really good 12 months (They are very heavy in Tesla though which has helped hugely!)

I have a few of their funds and all have done extremely well. I don’t have America though sadly but do have the Positive Change one which is up 88% in 12m, (although I haven’t held it as long as that)

They are very growth stock orientated though which has been in favour. Value funds are showing signs of making a comeback so maybe things will flip going forward.
Yeah, I got lucky with BGA and got into it at a time where I managed to capture a lot of the gains from the past 12 months. Another decent one I have is Legal & General Global Technology Index
 
Quick question, my circumstances are about to change and I will be around £600 a month better off, I have a Vanguard ISA account that I recently set up and also have a company pension.

I want to make this extra money work and so I am considering putting it into the Pension or the Vanguard.

Not sure which would be best, I know if i put it into the pension it will be tied up.

Any thoughts would be appreciated.
I don't know your age or how long you wish to work or how long it will be before you need to take the money but history shows that long term investment is the best way to build up your wealth. Either a pension scheme or an ISA is ideal for this as both have tax advantages not available to other punters. What will be a help to you is to remember what is known as the Rule of 72 and the Rule of 115.

If you invest a sum of, say, £1000, at an expected annual growth of 8% then that original £1000 will double in 9 years. If the anticipated growth rate was 10% p.a then that £1000 would double in around 7 years. The formula for the Rule of 72 is Time =72/Rate of return. The Rule of 115 is similar except this time you are calculating the time it would take for your investment to treble. Looking at this way, if you were to invest a sum of £1000 EACH YEAR and let it grow until you need it, you could end up with some serious money behind you.

Hope this helps your planning.
 
Was great, once we got past all the singing Chinese and hullabaloo

We knew about the 150kwh battery, but we didn't know it would be solid state, this is huge, solid state batteries are the next gen and many including Tesla have been trying to get to the bottom of this tech for a while, for NIO to announce they have it in production puts their tech ahead of Tesla when it comes to batteries, let's hope this will push on the SP next week, hoping to see 65/70 then a pullback to around 63/64 before the next big jump
Was waiting for your input on this thread re NIO Day and whether there would be any surprises on top of what was already known. The news about the battery sounds like it’s a real game changer. What the share price does in the next week doesn’t really bother me as I’m in it for the long haul but I still can’t help myself getting giddy/nervous when it goes up/down each day!
 
Was waiting for your input on this thread re NIO Day and whether there would be any surprises on top of what was already known. The news about the battery sounds like it’s a real game changer. What the share price does in the next week doesn’t really bother me as I’m in it for the long haul but I still can’t help myself getting giddy/nervous when it goes up/down each day!
Haha we all get giddy mate with the fluctuations I'm just the same even tough I'm long on NIO, and doesn't affect me in the long term
hopefully it will hold its gains from today, we've had some nice upgrades today BofA upgrade to $70 JPM $69 and Daiwa the best of the lot at $100
Im currently trying to find out who's going to be making the 150kwh solid state battery with NIO, I thought it would be CATL who have made the majority of their batteries, but it's not been confirmed and is looking more likely to be some one else,
I'm trying hard to find out who it could be but drawing a blank at the min, it could be a decent bet if i can find out
 
NatWest
Tesco
Rolls Royce
William hill

my current stock
Mine are
$Nio (Chinese EV)
$Gevo (American Bio fuel company)
$BB (Blackberry) yep used to be the phone company now big in software and cyber security
$CBAT (Chinese battery company)

All are high risk and I'm betting on future with them all but possible 10x on them all over the next 2 years
 
Read yesterday that Tesla is now valued at $1.25m for every car they sell which seems a bit weighty to me. All the value is in forward earnings potential. General Motors is valued at $9k per car by comparison!
It's very weighty but Remember Tesla should be viewed as a Tech Company not a car manufacturer
You're investing in the future, the same can't be said for the likes of GM, Ford etc
 
That's really helpful mate- thank you. Glad your thinking on it is the same as mine !

I also bought into TUI in March when they crashed and similar to you the return to date on the investment has been great.

As you say it's a no brainer to take up the rights issue.
Not sure if you've noticed but the drop in the share price since my last post means that the gain associated with the rights issue is down from nearly 40% to around 10% of the valuation of your holding a couple of weeks ago. Still well worth doing but nowhere near as good as it appeared to be just after it was first announced. Not that it was possible to cash in that point anyway so it wasn't a missed opportunity.
 
Not sure if you've noticed but the drop in the share price since my last post means that the gain associated with the rights issue is down from nearly 40% to around 10% of the valuation of your holding a couple of weeks ago. Still well worth doing but nowhere near as good as it appeared to be just after it was first announced. Not that it was possible to cash in that point anyway so it wasn't a missed opportunity.
Yes I noticed ! Still 10 percent gain but shame it’s not even higher !
 
I think Tui will fly (pardon the pun) once things get back to normal. People are going to go holiday crazy after this. I think there will very much be a live for today attitude going forward and holidays will sell out every year.
Key will be seeing out covid - if they do that they will thrive after it’s over as you say !
 

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