Yeh Tesla has gone crazy the last year, seems like a no brainer investment looking back now… and a relatively low risk one given they were already very well established - hindsight eh!! well done. But can it really keep going?! Value is so high now
my $10k investment in Tesla now worth $206k.....sales are rocketing and even at $1,180 a share I think there is still a lot of upside. New factories opening in Berlin, Austin and India. Will dominate EV sales in near future and then will squeeze the other competitors with their technology and will lower their profit margin and eventually blow them away.
That's one heck of a profit there mate. Congratulations.
my $10k investment in Tesla now worth $206k.....sales are rocketing and even at $1,180 a share I think there is still a lot of upside. New factories opening in Berlin, Austin and India. Will dominate EV sales in near future and then will squeeze the other competitors with their technology and will lower their profit margin and eventually blow them away.
That's one heck of a profit there mate. Congratulations.
my $10k investment in Tesla now worth $206k.....sales are rocketing and even at $1,180 a share I think there is still a lot of upside. New factories opening in Berlin, Austin and India. Will dominate EV sales in near future and then will squeeze the other competitors with their technology and will lower their profit margin and eventually blow them away.
That's one heck of a profit there mate. Congratulations.
my $10k investment in Tesla now worth $206k.....sales are rocketing and even at $1,180 a share I think there is still a lot of upside. New factories opening in Berlin, Austin and India. Will dominate EV sales in near future and then will squeeze the other competitors with their technology and will lower their profit margin and eventually blow them away.
If anyone has tips for boring shares that produce a regular decent dividend I'd be interested. No tobacco or polluters though, thanks.
Based on tips from a mate, I've already bought into Schroders, Jupiter, and Citibank.. They currently deliver 3-4% pa, which would be OK. He gets 8% from his tobacco stocks but they're not for me.
$COIN is good for a couple of months or so I reckon, Bitcoin’s hitting all time highs and will peak later in December. Will push their profits up and the share price I reckon. A good way to have indirect exposure to crypto.
If anyone has tips for boring shares that produce a regular decent dividend I'd be interested. No tobacco or polluters though, thanks.
Based on tips from a mate, I've already bought into Schroders, Jupiter, and Citibank.. They currently deliver 3-4% pa, which would be OK. He gets 8% from his tobacco stocks but they're not for me.
If anyone has tips for boring shares that produce a regular decent dividend I'd be interested. No tobacco or polluters though, thanks.
Based on tips from a mate, I've already bought into Schroders, Jupiter, and Citibank.. They currently deliver 3-4% pa, which would be OK. He gets 8% from his tobacco stocks but they're not for me.
UK listed one's
Direct Line Group Glaxo Rio Tinto (might not be your bag) BAT (but not for you) M&G
If anyone has tips for boring shares that produce a regular decent dividend I'd be interested. No tobacco or polluters though, thanks.
Based on tips from a mate, I've already bought into Schroders, Jupiter, and Citibank.. They currently deliver 3-4% pa, which would be OK. He gets 8% from his tobacco stocks but they're not for me.
Primary Health Properties plc is a boring REIT. They have an unbroken 25-year history of dividend growth and currently yield around 4%. I've held them for years. Very uninteresting. Broadly they buy and build doctors' surgeries and rent them out to GP practices. Simples.
If anyone has tips for boring shares that produce a regular decent dividend I'd be interested. No tobacco or polluters though, thanks.
Based on tips from a mate, I've already bought into Schroders, Jupiter, and Citibank.. They currently deliver 3-4% pa, which would be OK. He gets 8% from his tobacco stocks but they're not for me.
UK listed one's
Direct Line Group Glaxo Rio Tinto (might not be your bag) BAT (but not for you) M&G
One of my favourite and most successful shares over the years.
my $10k investment in Tesla now worth $206k.....sales are rocketing and even at $1,180 a share I think there is still a lot of upside. New factories opening in Berlin, Austin and India. Will dominate EV sales in near future and then will squeeze the other competitors with their technology and will lower their profit margin and eventually blow them away.
Great investment - well done.
I'm not totally convinced about your last comment though. My experience of Teslas (Model S) is patchy to say the least and I genuinely do not rate them very highly. When Toyota, Honda, the VW Group, Mercedes and BMW ramp it up I can see Tesla sales dipping significantly. Ford, GM et al will squeeze them from the other end. The value is in their battery technology and charging infrastructure and that's where I see their future growth, selling/licensing that technology to the likes I've listed above. But that would be a greatly scaled down business, although it might actually be profitable!
I could be totally wrong of course - wouldn't be a first!
I've just taken a punt on EQTEC at 1.35p each...renewable energy by using waste...seem cheap and with COP26 and a general move towards renewables, green shares, etc. Might be worth a gamble?
Can anyone explain in relatively basic terms how tax works on buying/selling shares?
Do you just pay CGT on the profit? If so, how do you go about paying it?
Not an expert by any means but have an understanding; you have a CGT allowance of £12.3k for fiscal year 20-21, so can make profits up to that amount before any tax liability, if you exceed this limit on shares sold you should declare it via your (if you do one) annual tax return, if your shares are held in an ISA then that’s tax free.
I am sure others on this thread have a greater, more detailed understanding.
BT shares up today, 1/2 year report not as good as 2020, net debt increased, earnings per share down near on 50% but they have declared a dividend. Adam Crozier been recruited I suspect to charm institutional holders, spread a few city rumours about breaking up BT group to drive share price upwards, a dream job for him and no doubt a decent bonus package on SP increase, others in BTG can worry about operational efficiencies. I have bought some more today in my SIPP, current SP ridiculously low in my opinion, it’s all about city sentiment.
Can anyone explain in relatively basic terms how tax works on buying/selling shares?
Do you just pay CGT on the profit? If so, how do you go about paying it?
If you set up a stocks and shares isa you’re protected from CGT in that isa - as long as what you put in doesn’t exceed your limit for the year. Same with SIPP I think. If you sell your shares outside of those then it becomes a taxable event, and might have to declare it iirc.
Comments
Well done, can you lend me a fiver?
5/4/18 bought 175 shares at $57.63 a share
Based on tips from a mate, I've already bought into Schroders, Jupiter, and Citibank.. They currently deliver 3-4% pa, which would be OK. He gets 8% from his tobacco stocks but they're not for me.
Direct Line Group
Glaxo
Rio Tinto (might not be your bag)
BAT (but not for you)
M&G
Glaxo dividen cut is on the way next year. I have a few and will hold, but expect the yield to fall
One of my favourite and most successful shares over the years.
Do you just pay CGT on the profit? If so, how do you go about paying it?
I am sure others on this thread have a greater, more detailed understanding.
https://www.gov.uk/capital-gains-tax
Heard a rumour we might get 3 of them next year.