Tag, thank you. I should check that out. Pendragon2 was the guy who pointed me in the direction of SBLK as we both haunt several of the same threads. |
MC1 there is a board set up for SBLK if you are interested, with regular decent comments added. |
I took a punt yesterday and bought SBLK (Nasdaq)- Star Bulk Carriers Corp. First time I have bought a non-UK stock. Used my ii SIPP and was required to purchase in UK pounds as my SIPP has no dollar balance. This, I presumed, would be converted to US dollars and the subsequent purchase made in that currency.
By my calculations the conversion was at about 1.263 dollars to the pound which matches very closely with some cash I ordered online for an upcoming Florida holiday next week. With the basic deal charge and no stamp duty I'm quite happy with the setup.
SBLK do seem to be a very good, four times a year, divi payer and that's my game. I am not recommending the stock as I am not knowledgeable enough but you may want to look at this yourselves. Next ex-div is Aug 27th |
Of course they wont reverse the stamp duty thing....easy money again for nothing like buying a house |
You're right, I've taken a punt US tech stocks have a bounce, Punted in Nvidia on the figures 28th August.The only thing buying US stocks is currency can go against you, on the plus side no stamp duty, ftse 100 stocks we have stamp duty rip off as far as I'm concerned. |
bats is a defensive stock with reliable divis. It is also already bombed out even given the recent move up. There are always reasons to be twitchy but bats is a good place to be for me. |
I am here for the long hall and happy as Larry as a bats investor. (whoever Larry is!) Patience and divis. |
No one goes hungry when banking a profit so well done plastow and monty.
Good luck all 👍🏻 |
I just top sliced a few, nice profit. |
I've sold out again as I'm getting a bit concerned about the Ukraine Russian situation plus middle East is looking not to good which will effect markets had to lock in profits. And wait for another buying opportunity gla |
UK and US CPI data tomorrow, could signal for FED rates to start to pull back in September, a lot of shares will trade sideways until we see a catalyst for growth, and consumer spending increasing.. |
Shareprice starting to roll over on 2800p, I may top slice a few tomorrow, may be wrong of course but looks likerunning out of steam for the time being. |
Ah the old carry trade MCunnliffe1,
It used to be a firm favourite of mine back in the days of low interest rates and less volatile markets.
Good luck all 👍🏻 |
Merge with imb |
An actually very good one that I have used in the past, must go check the old credit card cash rates. K |
Korvet: Topping Up Monthly?
How about borrow the money you intend to invest over these 12 months. The current yield on BATS is almost 8.5%.
Borrowing is surely less than that.
Just an off-piste idea. |
Don't want it to break anything for at least 12 mths, want to top up mthly. |
Can't break 2801p , on a market upday for the FTSE 100, might just roll over short term, back to 2750p anyone's guess. |
Are the yanks going to seel it off or ramp it up who knows just can't see any serious resistance?? |
chuckle!!! |
Pensioeninvestor Post 9477 @Lippy, I wanted to address the name-calling, which I find quite rude. Luckily, I have a thick skin; otherwise, I would have considered reporting this under Section 5 of the Public Order Act.
What?
Reporting someone for calling you a nasty hurty name under Section 5 of Public order act.
I second Lippy except you're a woke limp wristed fannie. |
Any experts out there, on these buybacks are they buying adrs in US or ord Uk? |
Well spotted fenners. I'd missed the miss spell when naming Pensioeninvestor. Proof that we often see what we expect rather than what is actually written. |