Lloyds Banking Share Discussion Threads

[scruff1] 09/2/2020 14:53

Cheers Wendsworth. Understand what you mean about holding on and grim death. However it doesn't always apply. I remember buying shares in a clothing catalogue company that had just had a fire at its warehouse. The price had dropped too much imo especially as it was well insured. I bought at 70p and sold at £1.50 a short time later thinking I was a real life 'smartypants'. The company ?..... ASOS :-(

[maxk] 09/2/2020 14:25

Boris and Javid must kill these ridiculous, unconservative tax plans


TELEGRAPH VIEW
Follow 8 FEBRUARY 2020 • 9:31PM









It is starting to feel as if Treasury mandarins have forgotten who won the election. They have been busy in the past few weeks dusting off every absurd anti-Tory and anti-supply side idea cooked up by Left‑wing think tanks and technocrats these past 20 years, and trying to convince the Chancellor and the Government to adopt them.

They are using Sajid Javid’s fiscal rules as an excuse to call for the kinds of tax increases that even Gordon Brown wouldn’t have dreamt of.

Readers will have been shocked by our front-page story today that one idea under discussion includes an Ed Miliband-style so-called mansion tax. A substantial number of families would be hit by this, principally in the south of the country, where property prices are higher. It is not clear exactly what form the tax would take if it were included in the Budget, but options might range from an annual wealth tax to a higher band of council tax, with an impact that would be highly negative at best and catastrophic at worst. No decision has been taken, fortunately, but this idea has been discussed at the highest levels, repeatedly, as we reveal....



More:

[wendsworth] 09/2/2020 14:07

Scruff1: I SO identify with your candid comments. As I have smartypants filtered I'm not privy to his response to you.

My wife is none too pleased that I still like to have a financial stake in what I perceive to be under-valued stocks ..because we don't need too. She's right of course but !!

Although I've held a number of stocks over the years , following the 1980s privatisations , it all really started for me with Pilkington! Like you I've learnt the hard way. Always more vulnerable when you've made a few bob ! LLoyds has been OK for me , since 2010 ...and particularly since I've been more ruthless with a profit situation. Holding on ...has proved , like the expression, to result in 'grim death'! You're right it does wear one down...however ...I genuinely consider there is value in Lloyds with an share price in the 50s. Whether or not I prove to 'have the balls' as you put it...only time will tell. If I do.... it won't have been a 'hasty' decision ..but I do accept that I might have plenty of time to repent !!!!

[minerve 2] 09/2/2020 12:50

Thanks for your honesty/transparency. Others don't seem to want to say what they do. :)

Definitely need ladders for that. Perhaps others would be nervous if you took a chainsaw on the bus. :)

[utrickytrees] 09/2/2020 12:46

Gardening & tree work m2.

[minerve 2] 09/2/2020 12:33

"If they'd let me on the bus with me big ladders I'd get rid of me car tomorrow."

What work do you do Utricky?

[utrickytrees] 09/2/2020 12:28

The cost of EV's & their shelf life (10yrs max) will have a bearing on the number of people forced onto public transport which will have to evolve to accommodate that need. Christ, I gave up driving in London 20yrs ago & Derby's almost as bad now.If they'd let me on the bus with me big ladders I'd get rid of me car tomorrow.

[maxk] 09/2/2020 12:12

Boris halted the march to oblivion of the tories started by Call Me and continued by Treeza.


Now some nu madness has overtaken him and he wants to ban cars, central heating, housing .. Has he gone stark raving bonkers?

[minerve 2] 09/2/2020 11:58

If Boris gives the go ahead for HS2 then credit to him. Cost/benefit analysis simply never works on these huge projects.

[utrickytrees] 09/2/2020 11:51

Morning M2, just rubbing their noses in it, now turn the heating down & put some clothes on.

[minerve 2] 09/2/2020 11:39

"What a bitter little nation of bigots they are."

ROFLMAO!

You couldn't make it up! Looked in the mirror?

[mikemichael2] 09/2/2020 11:15

Just sorting out a few old contract notes. Sold 10000 Ashtead @ 62.5p £6237 20/03/08.
Worth today £250000 Oooooo dear.

[scruff1] 09/2/2020 10:44

Smarty
Comment like that belongs on the other thread. If it helps - I'm comfortable but not wealthy, happily married. No great value investments but it's a bit of a hobby. Is that ok ? Interesting to see what you wish for.

[smartypants] 09/2/2020 10:09

PM 'considers raid on pensions.
Prime Minister Boris Johnson is considering imposing a 'mansion tax' on Britain's most expensive homes. 
The increased funding would pay for big rises in public spending, reports suggest.
(What about all the money UK no longer paying to EU?)
Major cuts to pension tax relief are also being looked at by the Prime Minister and Chancellor Sajid Javid ahead of the looming March Budget.
It is not clear what exactly this extra tax on properties - referred to as a 'recurring wealth tax' - would involve.
One possible version of the tax, is an added council tax band for the most expensive properties, above that of those fitting in the H band now.
The report also adds that the treasury are considering slashing pension tax relief to 20 per cent - from 40 per cent - for those making equal to or more than £50,000.
This would generate an extra £10billion per year.

Chief executive of the TaxPayers’ Alliance John O’Connell said: 'It seems to be a misunderstanding of what the Tories’ new voters were looking for. 
'They may be new converts to the message, but they still expect the Conservatives to be the ones backing them when they succeed. 

Oh dear, its seems that those damned elected bureaucrats want to get there grubby little hands on your hard earned Great British pounds!
Who would have thought?