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Savings and Investments thread
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6:40 pm Dow down 60 odds points, think you can say that it’s a bit volatile at the moment about a 600 point swing in 100 minutes. But there’s still time for you to be correct😀.IdleHans said:Dow up almost 500pts. Surely will finish higher today0 -
Hottest new investment to hit the market... A Luke Shaw NFT
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I’m outjacob_CAFC said:Hottest new investment to hit the market... A Luke Shaw NFT0 -
Biggest mistake of your lifeGary Poole said:
I’m outjacob_CAFC said:Hottest new investment to hit the market... A Luke Shaw NFT0 -
Oh no not againjacob_CAFC said:
Biggest mistake of your lifeGary Poole said:
I’m outjacob_CAFC said:Hottest new investment to hit the market... A Luke Shaw NFT2 -
@jacob_CAFC I may regret this, but I am interested to learn whether and why you are serious about this. Inevitably my questions are laced with scepticism, but perhaps you'll forgive me that, as the originator of this thread, which discusses Savings and Investments. Here goes:
1. What is it? As far as I can tell, it is the digital equivalent of a poster of George Best which many teens had on their bedroom walls. Correct?
2. What tangible form does it take when you buy it? Do you whack it into iPhoto and have it as your lockscreen photo? Can you display it on multiple devices?
3. How do you buy it? From whom exactly? Apart from Luke Shaw, who are the people receiving income from this exercise? Where can I find out information about them (as I can about the directors of any company I've invested in) ?
4. Why would anyone other than Man U fans or someone inexplicably fascinated by Luke Shaw want to display this in their home? (if you own a piece of art, you want to display it to all and sundry)
5. Presumably as you've called it an investment, you expect its value to rise. What do you suppose would be its value if Luke Shaw suffers an ACL, is out for a year and comes back a yard short of pace and drifts down the leagues? Or if he fails a dope test? Or is convicted of involvement in fraud?
Like I said, I'm sceptical, but as a retired marketeer I'm always curious to understand why people spend money on things.1 -
1, yes, it's like a limited edition posterPragueAddick said:@jacob_CAFC I may regret this, but I am interested to learn whether and why you are serious about this. Inevitably my questions are laced with scepticism, but perhaps you'll forgive me that, as the originator of this thread, which discusses Savings and Investments. Here goes:
1. What is it? As far as I can tell, it is the digital equivalent of a poster of George Best which many teens had on their bedroom walls. Correct?
2. What tangible form does it take when you buy it? Do you whack it into iPhoto and have it as your lockscreen photo? Can you display it on multiple devices?
3. How do you buy it? From whom exactly? Apart from Luke Shaw, who are the people receiving income from this exercise? Where can I find out information about them (as I can about the directors of any company I've invested in) ?
4. Why would anyone other than Man U fans or someone inexplicably fascinated by Luke Shaw want to display this in their home? (if you own a piece of art, you want to display it to all and sundry)
5. Presumably as you've called it an investment, you expect its value to rise. What do you suppose would be its value if Luke Shaw suffers an ACL, is out for a year and comes back a yard short of pace and drifts down the leagues? Or if he fails a dope test? Or is convicted of involvement in fraud?
Like I said, I'm sceptical, but as a retired marketeer I'm always curious to understand why people spend money on things.
2. you own the nft in your wallet. Whether it's then worth something is if some one wants to buy it from you.
3. The wallet that minted it. That might be luke shaw, or some one else. I'm guessing luke shaw. There might/probably is something in the smart contract that every subsequent purchase, a percentage goes to the original "minter" wallet. This is coded into the smart contract of the nft and cannot be undone (it's why i think nfts have a big future for the entertainment industry, which has a problem with scalping and piracy)
4. I have no idea, an art piece? Might have some utility as those that can prove ownership of the nft could get a meet and greet with luke shaw or something?
5. Personally i agree with your jist this nft is not a good investment. NFTs are too illiquid for my liking at the moment in such a volatile market as crypto. But fundamentally nft's have a big, big future.1 -
I think my days are numbered as a financial adviser when people mention NFT's & bitcoin.4
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@kentaddick
thanks for your reply. When you referred to the wallet as the place where you store it, that means something like the Coinbase app or Myetherwallet, which I have somewhere? If so, it means the thing isn’t even on display in my home?Really, are we believing that Shaw has created this himself, set the price, set up the digital mechanism for selling it, and receives most of the money apart from a % for that entity mentioned in the tweet ( and doubtless 20% for his agent for having the idea🤣) ? Maybe all or most of that is possible but there is no reliable way to confirm it, is there?0 -
Yes, or any web3 wallet like metamask etc. You own it like you would own a web address. You could have it printed and put in your home. Usually nfts provide you access to the high res file which you could do this from.PragueAddick said:@kentaddick
thanks for your reply. When you referred to the wallet as the place where you store it, that means something like the Coinbase app or Myetherwallet, which I have somewhere? If so, it means the thing isn’t even on display in my home?Really, are we believing that Shaw has created this himself, set the price, set up the digital mechanism for selling it, and receives most of the money apart from a % for that entity mentioned in the tweet ( and doubtless 20% for his agent for having the idea🤣) ? Maybe all or most of that is possible but there is no reliable way to confirm it, is there?You’d be able to see the transaction on the blockchain on something like ethscanner and see the money in his wallet. If he chooses to then move it into fiat currency like £ he’d have to go through a KYC process at an exchange in order to get it to his bank account. Whatever happens from there is down to the private transactions in the traditional financial system. But everything on the crypto side is verifiable and traceable. Even the code that’s created the NFT.1 - Sponsored links:
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It’s on Binance smart chain, here’s the address that minted these nfts
https://bscscan.com/address/0x2bb2397d54fa6104e301b4e58c95a73b0335e869
seems to me it’s been minted by this company sportenft and they’ve licensed Luke shaw’s image for these. Therefore I guess it works like any other merchandising contract.
EDIT: sportsman go is a trading name of RJ & CO MARKETING LTD a uk registered ltd company.1 -
just actually looked at the nfts now i'm not on my phone - looks like just a gif of luke shaw on a rotating card. Again, don't really say any value in this nft series whatsoever. Might be some utility as i said, if there's some kind of events etc that the nft gives you access to.0
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7,666 for me. Thanks0
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Time is running out to enter, those blank at the bottom have previosuly entered.
Name Level Thread Killer 7437 meldrew66 7337 Pedro45 7297 MrOneLung 7270 PragueAddick 7533 LargeAddick 7547 Fortune 82nd Minute 7250 Gary Poole 7574 holyjo 7594 Rob7Lee 7605 @TelMc32 7621 WishIdStayedInThe Pub 7634 Addick Addict 7652 TheGhostofTomHovi 7666 Bangkokaddick 7686 thecat 7690 Hoof_it_up_to_benty 7100 RalphMilne 7702 Daarrrzzettbum 7717 Covered End 7721 Housty 7747 Salad 7750 IdleHans 7777 CAFCWest 7799 valleynick66 7801 Lonelynorthernaddick 7845 CharltonKerry 7860 blackpool72 7880 HardyAddick 7892 bobmunro 7897 gunnessaddick 7936 wwaddick 8002 oohaahmortimer 6789 golfaddick StrikerFirmani Killer Kish Exiledin Manchester Morboe Redman cafc7-6htfc Huskaris KentAddick fat man on a moped No.1 in South London Er_Be_Ab_Pl_Wo_Wo_Ch CAFCsayer happy valley 0 -
7675 for me please0
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7730 please.
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I did state a figure but someone already has that in the list so can I have
7510 Thanks0 -
I'm thinking the over-valuation of everything continues "a bit longer". The steady sleepwalking into mass defaulting of loans continues "a bit longer". Then a final trigger point and we get a global crash.
So I have two figures in mind. 8,250 - if "a bit longer" is more than 6 months. 5,000 - if it's less than 6 months.
I'm thinking "a bit longer" may have a few more props thrown at it before it runs its' course. So, for my entry, I'll go with 8,250.1 -
So latest entries updated:
Name Level Thread Killer 7437 meldrew66 7337 Pedro45 7297 StrikerFirmani 7510 MrOneLung 7270 PragueAddick 7533 LargeAddick 7547 Fortune 82nd Minute 7250 Gary Poole 7574 holyjo 7594 Rob7Lee 7605 @TelMc32 7621 WishIdStayedInThe Pub 7634 Addick Addict 7652 TheGhostofTomHovi 7666 fat man on a moped 7675 Bangkokaddick 7686 thecat 7690 Hoof_it_up_to_benty 7100 RalphMilne 7702 Daarrrzzettbum 7717 Covered End 7721 golfaddick 7730 Housty 7747 Salad 7750 IdleHans 7777 CAFCWest 7799 valleynick66 7801 Lonelynorthernaddick 7845 CharltonKerry 7860 blackpool72 7880 HardyAddick 7892 bobmunro 7897 gunnessaddick 7936 wwaddick 8002 oohaahmortimer 6789 Er_Be_Ab_Pl_Wo_Wo_Ch 8250 0 - Sponsored links:
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Historically only the US is "over valued". The UK market is very much "under valued" when compared to previous PE's and general market capitalisation.Er_Be_Ab_Pl_Wo_Wo_Ch said:I'm thinking the over-valuation of everything continues "a bit longer". The steady sleepwalking into mass defaulting of loans continues "a bit longer". Then a final trigger point and we get a global crash.
So I have two figures in mind. 8,250 - if "a bit longer" is more than 6 months. 5,000 - if it's less than 6 months.
I'm thinking "a bit longer" may have a few more props thrown at it before it runs its' course. So, for my entry, I'll go with 8,250.
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Relative value of stocks, yes of course, the US is bonkers. A US stock crash might or might not be the trigger, though I'm considering other asset types in the crash scenario.golfaddick said:
Historically only the US is "over valued". The UK market is very much "under valued" when compared to previous PE's and general market capitalisation.Er_Be_Ab_Pl_Wo_Wo_Ch said:I'm thinking the over-valuation of everything continues "a bit longer". The steady sleepwalking into mass defaulting of loans continues "a bit longer". Then a final trigger point and we get a global crash.
So I have two figures in mind. 8,250 - if "a bit longer" is more than 6 months. 5,000 - if it's less than 6 months.
I'm thinking "a bit longer" may have a few more props thrown at it before it runs its' course. So, for my entry, I'll go with 8,250.
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Er_Be_Ab_Pl_Wo_Wo_Ch said:
Relative value of stocks, yes of course, the US is bonkers. A US stock crash might or might not be the trigger, though I'm considering other asset types in the crash scenario.golfaddick said:
Historically only the US is "over valued". The UK market is very much "under valued" when compared to previous PE's and general market capitalisation.Er_Be_Ab_Pl_Wo_Wo_Ch said:I'm thinking the over-valuation of everything continues "a bit longer". The steady sleepwalking into mass defaulting of loans continues "a bit longer". Then a final trigger point and we get a global crash.
So I have two figures in mind. 8,250 - if "a bit longer" is more than 6 months. 5,000 - if it's less than 6 months.
I'm thinking "a bit longer" may have a few more props thrown at it before it runs its' course. So, for my entry, I'll go with 8,250.
I would be interested to know what those other asset types might be.
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Has anyone invested in whisky? I've been considering it. I've done some reading and although there are firms out there quoting ridiculous potential earnings, the reality is a much lower ROI but possibly higher and safer than stocks and shares. Interested in any thoughts.
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Caveat emptor.Bangkokaddick said:Has anyone invested in whisky? I've been considering it. I've done some reading and although there are firms out there quoting ridiculous potential earnings, the reality is a much lower ROI but possibly higher and safer than stocks and shares. Interested in any thoughts.
https://www.masterofmalt.com/blog/post/a-warning-about-whisky-investment.aspx
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@golfaddick, what are your preferred funds for investing in, lets say the UK markets (not limited to ftse 100)?0
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bobmunro said:
Caveat emptor.Bangkokaddick said:Has anyone invested in whisky? I've been considering it. I've done some reading and although there are firms out there quoting ridiculous potential earnings, the reality is a much lower ROI but possibly higher and safer than stocks and shares. Interested in any thoughts.
https://www.masterofmalt.com/blog/post/a-warning-about-whisky-investment.aspx
Thanks for that. I've read articles pro and con. I'm probably taking more notice of articles like this one over the pro articles which are often written by those with vested interests.
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Premium Bonds - £25 each for myself, wife and two daughters. £25 for father in law.0
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Nil for me.0
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Thousands on good single malts, but nothing left to sell other than empties.......hic!Bangkokaddick said:Has anyone invested in whisky? I've been considering it. I've done some reading and although there are firms out there quoting ridiculous potential earnings, the reality is a much lower ROI but possibly higher and safer than stocks and shares. Interested in any thoughts.0
