Tesco Share Discussion Threads

[hazl] 08/3/2024 16:48

Thank you everybody konradpuss for getting the ball rolling.
Helen, I read that,too, a while back but I think they keep changing their tune see above fitch report.
I have more or less said what konrad has except not ten year.
It's complicated by the fact that she is going through a difficult divorce, her spouse is trying to spend all the money and has popped off for a holiday abroad for some weeks.
Vaneric agree we are mortgage free.
I would like to pay off some of her mortgage despite the fact it would benefit him but not everyone agrees with me.

Tricky.
But thanks again Konrad Helen Vaneric, Gecko.

[geckotheglorious] 08/3/2024 13:46

Vaneric

The key, as you evidence, is to pay off ones mortgage asap - if you can overpay each month, without penalty, the prudent thing to do is overpay.

Congrats on being mortgage free.

It's a massive weight off ones mind isnt it

:)

[vaneric1] 08/3/2024 11:56

My first house mortgage started at 4.5% and quickly moved up to 6% so I increased my monthly payments and in the end paid it off in 9 years instead of 25 the increase came off the capital sum so the interest part reduced quite fast.
You have to watch out for some contracts that tie you in to not over paying the monthly amount.
My daughter's first house mortgage started at 6% and rapidly rose to 17%, the house fell into negative equity but she just rode out the time and in the end the house values increased to such an extent that she came out with a sizeable sum.

[helen troy] 08/3/2024 09:54

Hazl, Inflation is expected to dip below 2% by June. I'd wait for the first interest rate reduction at least before signing up for a long term mortgage.

[geckotheglorious] 08/3/2024 09:13

hazl
I dont see Interest Rates going up further from here tbh as recession/debt crisis approaches fast (both here, USA, and much of the overly indebted world)

Personally I'd be focusing on paying off debts as fast as possible.

[konradpuss] 08/3/2024 07:49

hazl, advise her to go for certainty. I have always fixed and have looked stupid sometimes, however I had certainty.

If she does fix, try and find a ten year fix.

As we know 25 year fixed mortgages are the usual in the USA. This, I am told, is helped by the existence of Fannie and Freddie. There is a big swaps market so I really do not understand why the UK banks and Building Societies cannot offer such.

Anyhow I am sure Subperior our board 'supremo' will proffer better advice than me - probably after a large Tesco 'fry up' breakfast.

[hazl] 08/3/2024 07:02

So when is the best time to fix a mortgage?
I think the interest rates will go up again even if they come down first.

Very difficult advising daughter.

[hazl] 08/3/2024 07:00

So Sup you call us back after you've bought in again?
Riding the waves are we?
Well why not.


Yes I would say we are in a likely upward trajectory again.


A clear 'w' on the chart, signals that for me.
Each to their own.
Hope you are each of you faring well.

[superiorshares] 08/3/2024 06:48

pus
I think shares have lifted a little due to the expected interest rate reductions.
In the EU that will happen, it's a basket case.
In the US they are all talking about June?
That I wouldn't bet on.
Although there will probably be some election interest rate cuts by those independent Central Banks. I think it's all ready well and truly in the price.
It's the SHRINK that Investors in Tesco need to keep a close eye on.

TRUMP2024
SS

[konradpuss] 07/3/2024 21:08

Subperior, I guess skipping the fried bread stops your cholesterol build up. Nice support from you in respect of Tesco which seems to have helped the share price.

Still having problems with that Capital key I see.

[superiorshares] 07/3/2024 21:03

I'm going to Tesco cafe tomorrow for lunch.
I will be having exactly the same as last
time
Full English breakfast, I choose large over the standard, to accompany that I have two portions of chips. A choice of fried bread or toast, I always go for the toast because fried bread can be fattening.
Swilled down with a medium Latte
It's very good value!
A little tip though get there about 11.10 am before the chuzzlewits start arriving 11.30 onwards.
No que then you see and the food is piping hot!

TRUMP2024
SS

[superiorshares] 07/3/2024 19:55

Anyway there is a penny or two rise in the SP
It's time for the 3 chuzzles to re appear and play Top Traders

TROY, HAZE ALE AND PUS
come and empower us

TRUMP2024
SS

[superiorshares] 07/3/2024 19:39

Troy. I doubt your making anything.

Your just a student chuzzlewits wit

TRUMP2024
SS

[helen troy] 07/3/2024 13:24

Sub, I've got my eye on the ball regarding the subject of this board and am making money. Are you? xx

[superiorshares] 06/3/2024 20:02

Haha
It appears the Hammas scum have been protesting in Tesco Romford.
The fruit and veg area, apparently their are Israeli produce for sale.
I will keep my eye out tommorow, If I see it, I'll buy the stuff even if I don't eat it 😁.
Enough is Enough from the river to Sea make sure all Hammas and their supporters are dead, dead, dead!

TRUMP2024
SS

[superiorshares] 06/3/2024 19:01

Nothing worse than greedy Lefties

TRUMP2024
SS

[yf23_1] 06/3/2024 13:24

ok, I checked last year upgrade to £11.02 was included in payslip ended 28 April, so was upgraded on 1st April.
So this upgrade after 13 months not 12.

[nathdani] 06/3/2024 09:49

yf23 its the usual sneaky move that tesco seam to roll out bit like their clubcard deals .

[johnwise] 06/3/2024 07:53

Superiorshares

We Support you Mr. Trump
Video

[superiorshares] 05/3/2024 23:06

Nothing worse than a greedy Leftie!

TRUMP2024
SS

[yf23_1] 05/3/2024 22:37

Am I right in saying that the new rates take effect FROM 28th April and not in payslips on 28th April. The national min wage comes in at start of April, so the pay till 28th will be below the new £11.44.
And they cut the Sun o/t rate from 17% to 10%.
The only reason they gloat about their rate inceases is because they have to increase because of NMW and other supermarkets paying more.

They're in the same boat as Hunt and his pathetic NI cut.

[superiorshares] 05/3/2024 21:47

Johnwise
Let the sleepy Whites reap it!
They deserve nothing less

TRUMP2024
SS