Taylor Wimpey Share Discussion Threads

[sikhthetech] 19/9/2024 20:18

Crafty,

That's because of the BoE comments. My assertion has always been that it's not what the BoE do but their comments in the direction is crucial..

and the markets being up, as per my other assertion


sikhthetech20 Feb '22 - 15:26 - 5884 of 5899 Edit
<...>
When the housing market crashes, no HB is immune from the crash. Likewise, listed HBs are not immune from stockmarket falls or movements.

Govn support, provided during pandemic, has ended. Repossessions which were stopped during pandemic are legal again.
Around 30k homeowners in severe mortgage debt.
Inflationary pressure, interest rate rises, NI rises, Council tax rises, energy price rises all impact affordability.

[sikhthetech] 19/9/2024 20:14

Jugears

"Just sitting here watching my RR shares fly, nearly £4.50 each share or to put it a better way £ 584,210 up in value In just under 2 years!"


Yet you claim you been buying for the long term...

10 ago: 327p
5 years ago: 272p, so had fallen over the preceding 5 years but now up 93% in 5 years

The share price took 10 years to recover to the previous 10year level.

If using your hold forever strategy, PIs would have had to held for 10years.

[jugears] 19/9/2024 16:52

Sikh, I don't invest for income & I Don't invest money I need, therefore I don't need to sell any,my Tw investment is worth 4 times what I paid for it plus circa £1.30 in dividends that's more than the bank or building society so I'm happy, I'd be happy with just the dividend but I don't need that either, I buy a good company & add more shares if they fall, I hold long term because I believe Tw have a long way up to go yet.

[claret dragon] 19/9/2024 16:15

Bought some more today

[craftyale] 19/9/2024 15:39

Interest rates held. TW up anyway. Loving it. :))

[jugears] 19/9/2024 15:15

Gbh2, it may work for sum, but I just pick rock solid old established British companies that have a good product, I realised a long time ago that if you want to make money then you need to invest a minimum £20k at a time, obviously I am alone fortunate than most people & now can gamble considerably more although I don't see it as gambling as there is little risk involved when you actually own them, adding substantialy when covid hit seemed a know brainer to me, when RR fell I nearly bought in several times as the share price fell & then didn't buy at the bottom, but having had my eye on the company for many years & again knowing people that work their I was pretty sure the markets had once again over reacted & that I would see a good return & I am not complaining.
Sick I'm a high rate tax payer all of my allowances are used elsewhere, so there is little point buying & selling IMO.

[beckers2008] 19/9/2024 14:54

Remember my statement...

BoE base rate at 6%
Absolutely no chance.

Q3 2024 interest rate reduction?
Absolutely every chance.
I was correct yet again!

I expect the UK's next rate cut to come in Q4 2024 followed by four quarterly cuts in 2025 and one cut in 2026 resulting in a 3.5 per cent base rate by the middle of 2026.

Watch and learn trolls, you have lost the argument as I told you over a year ago.

Now when is the UK house price crash going to happen, lol, just lol!

[sikhthetech] 19/9/2024 14:45

Likewise, I've being doing the same for 40years, depending on the company.

I adjust my holding depending on the newsflow.

If current newsflow suggests buy, I add.
If current newsflow suggests sell, I'd topslice or sell out completely.


The strategy works well, if the PI has the mindset to follow the newsflow.


EZJ was just 1 example, which i have mentioned on here.
Bought at 285p, sold at around 500p
Bought again when they dipped then sold again at around 500p


HBs are great trading shares. Holding forever isn't as profitable as trading.

[gbh2] 19/9/2024 14:37

I've spent over 20 years doing both, I have a ring fenced number of share that are approx half the the total number I hold in TW and LLOY the remainder are trading in and out as I see fit.

[sikhthetech] 19/9/2024 14:36

Jugears
"Some may save,some may spend"


Selective comments again.

What part of the word "MORE" did you not understand???? lol
"Higher interest rates tempts more people to save, so more people spend less."


Very selective mentioning holdings:


Why only mention TLY of mine? What about MKS, Barc, EZJ, LLoy, TW, PSN, Byot, qxl, PIC etc etc

Why only mention your shares, which have gone up recently. What about your 20++ other holdings like LGEN, which has fallen recently???


As to your holdings. You made zero until you sell and you're said you will never sell.
The authorities increasing IHT and CGT will wipe out a significant part of your portfolio.


You're full of BS as has been proven hundreds of times.

[uhound] 19/9/2024 14:21

Agree, if you don't have the skill to trade, best stick to buy and hold. Not as profitable, but if you pick the right stocks you should do ok.

[jugears] 19/9/2024 13:18

Some may save,some may spend, Just sitting here watching my RR shares fly, nearly £4.50 each share or to put it a better way £ 584,210 up in value In just under 2 years! then there is the 355k my Tw are up just on the ones I bought for 89p, plus all those dividends, buying & holding beats trading & shorting any day of the week, even those RR I bought a few weeks ago are 70p in profit, not to mention Av & Lloyds profits & Dividends, how are TLY doing, not so good when I last looked???? Do you get a dividend when you short shares???? Never invest with money you don't have or need as you never know when the markets will turn on you, as Warren Buffet says, always invest with a 10 year view!

[sikhthetech] 19/9/2024 12:02

Jugears
"higher interest rates mean that the more savers than borrowers have even more money to spend, thus could also push up prices."

You've got it the wrong way round.
Higher interest rates tempts more people to save, so more people spend less. It also means more people are likely to want to pay off cards etc, so spend less.
It also means borrowers pay more in interest, so spend less.

Lower spending, lower inflation.

[jugears] 19/9/2024 11:53

1carus, the longer the wait the bigger the fall IMO.

[1carus] 19/9/2024 11:52

The Market is obviously not worried about an extra month or so, knowing that there will be one cut before xmas at least.

[jugears] 19/9/2024 11:49

All if buts & maybe's sick, higher interest rates mean that the more savers than borrowers have even more money to spend, thus could also push up prices.

[beckers2008] 19/9/2024 11:24

"Beckers2008 - 19 Sep 2024 - 08:20:34 - 19056 of 19075
Large volume yesterday pulling the share price back up.
No interest rate cut today."

I am correct, yet again!

Watch and learn trolls, trouble is you're too stupid to learn otherwise you would have made a handsome profit plus dividends when I told you to buy, especially in the 80's!

Now... When is this house price crash coming, for each and every one of the last 6 years, lol, just lol!

[sikhthetech] 19/9/2024 11:20

"paying train drivers & doctors what they are actually worth is not inflationary"

It's nothing to do with what they are worth.
Doctors/nurses should get more money as they are worth it. They have been underpaid for years.

Significant rises in pay for workers is still inflationary. They will spend significantly more, therefore prices of other goods/services will increase, inflationary.

[jugears] 19/9/2024 11:19

sick I didn't say they would reduce them, I said they would be stupid not to so how could I possibly be wrong? lol oh lol it makes no difference to me I have more cash than I do shares.

[jugears] 19/9/2024 11:16

I think I will renew that bond for another two years then!,
Paying more for food, energy & fuel is inflationary, paying train drivers & doctors what they are actually worth is not inflationary in my opinion, but I can see the BoE making the same mistakes it always does, at least at 5% it can make larger cuts as I suspect it will need to do further down the line, at least my good friends in the trade are back to working 7 days a week house bashing so its not all doom & gloom! I have said before that once people are used to paying higher rates buyers will return & it certainly seems to be that way from friends I still talk to in the industry.

[sikhthetech] 19/9/2024 11:06

There you go interest rates held at 5%


Well, Jugears got it wrong yet again - not surprising though.

[jugears] 19/9/2024 11:05

I wonder how long Rachel's job will last after the budget?