Intelligent Money - your investment questions answered

[JulianPH]

Insurancejon said:

don't suppose we also sold ccl as well as norwegian and delta?.....wishfull thinking i realise....but thought I'd check

Morning mate, we are still in CCL as we think it has a lot further to go.

Have a great weekend!

Cheers

Julian

[JulianPH]

Phooey said:

JulianPH said:

Hi mate

• Delta was sold at £33.65, so approximately. $46.74 which is 73% up of the base price of $27.01

• Norwegian was sold at £23.26, so approximately $32.30 which is 111.5% up on base price of $15.27

Not a bad 8 months there! Everyone will get an email early next week as the cash comes through. Both have fallen quite hard today (Delta c. 4% and Norwegian c. 12%). I am sure they will recover, but we got out before this and our work here is done!

Have a great weekend!

Cheers

Julian

Thanks mate - much appreciated



On a separate (concerning) note - whats your thoughts on Joe Biden fking the big tech companies - Amazon, Apple etc.

Today:

“ Tim Wu, a prominent critic of Big Tech companies, is joining the White House as an adviser on competition policy, sending a clear message to Silicon Valley that Joe Biden hopes to tame America’s most valuable companies.”

“ Wu has described the wealth and power of Big Tech companies — particularly Facebook, Google and Amazon — as creating a “new gilded age” akin to the late-19th and early 20th-century era of US railroad-building and “robber barons”. He has said that his “life mission” is to “fight bullies”. ”

Morning mate

Joe Biden is a mild worry, but we don't hold Facebook or Google in PHE and as Burwood has highlighted, Amazon (and you can add Apple and Netflix to this list) are facing competition (though, in any case, my daughter is doing her very best to keep these stock up for us!) that Facebook and Google just don't have.

So for now I believe they are free from any antitrust action, but part of our job is to manage this on an ongoing basis.

Have a good one!

Cheers

Julian

[JulianPH]

Kingdom35 said:

Thanks Julian.
That would be great. I will find out exactly the fund he has in the mean time. It’s supplemented his annuity well so far. But always good to see if there are better options.

That’s good news on the racing front.
How do we put our names down for some tickets for this year? We were in place for last year I believe Silverstone. I’ve just had a look at the calendar, Silverstone or Brands Hatch would be great, if possible 2/3 tickets (my uncle loves the racing too).

Thanks again for all the help and guidance on here it’s been interesting.

Have a good weekend


No problem Kingdom35

Thank you for your kind words and we will always be here when you need us.

On the racing front I will post here and have the office send out a link to a dedicated email for tickets as soon as I can. As before these will be on a first come first served basis, so your 3 tickets are duly noted!

Have a great weekend yourself.

Cheers

Julian

[JulianPH]

PorkInsider said:

Nice work, Julian (and the team).

Just need to sort the remaining PHR stocks and work your magic on pushing the dollar down to help PHE and I think we'll be looking pretty chipper.



Joking apart, it's been an impressive performance so far with PHR.

Thanks mate, we try our best (and as you rightly point out, it is team work), but I might struggle on pushing the dollar back down!

Cheers

Julian

[Burwood]

JulianPH said:

PorkInsider said:

Nice work, Julian (and the team).

Just need to sort the remaining PHR stocks and work your magic on pushing the dollar down to help PHE and I think we'll be looking pretty chipper.



Joking apart, it's been an impressive performance so far with PHR.

Thanks mate, we try our best (and as you rightly point out, it is team work), but I might struggle on pushing the dollar back down!

Cheers

Julian

I'll see what I can do-this is Mowglis Great Grandfather, The General, advising on monetary policy (possibly). That or he can smell Ham

[pingu393]

Has one of the CCL boats been sunk ? 12% drop in one day is hell of a hit. Lucky that it's one of 8, so only caused a 2% drop on PHR.

As the number of funds in PHR get lower, these "blips" will get bigger. Get the sick bags ready - a bumpy ride ahead. I'm still confident that it will be net gains, though.

[PorkInsider]

Burwood said:

JulianPH said:

PorkInsider said:

Nice work, Julian (and the team).

Just need to sort the remaining PHR stocks and work your magic on pushing the dollar down to help PHE and I think we'll be looking pretty chipper.



Joking apart, it's been an impressive performance so far with PHR.

Thanks mate, we try our best (and as you rightly point out, it is team work), but I might struggle on pushing the dollar back down!

Cheers

Julian

I'll see what I can do-this is Mowglis Great Grandfather, The General, advising on monetary policy (possibly). That or he can smell Ham

Hopefully they're discussing tightening the reins on fiscal stimulus.

[JulianPH]

Burwood said:

JulianPH said:

PorkInsider said:

Nice work, Julian (and the team).

Just need to sort the remaining PHR stocks and work your magic on pushing the dollar down to help PHE and I think we'll be looking pretty chipper.



Joking apart, it's been an impressive performance so far with PHR.

Thanks mate, we try our best (and as you rightly point out, it is team work), but I might struggle on pushing the dollar back down!

Cheers

Julian

I'll see what I can do-this is Mowglis Great Grandfather, The General, advising on monetary policy (possibly). That or he can smell Ham

Cheers mate!

[JulianPH]

pingu393 said:

Has one of the CCL boats been sunk ? 12% drop in one day is hell of a hit. Lucky that it's one of 8, so only caused a 2% drop on PHR.

As the number of funds in PHR get lower, these "blips" will get bigger. Get the sick bags ready - a bumpy ride ahead. I'm still confident that it will be net gains, though.

Yes, Mowgli stole one as Apollo was trying to escort him back, so we can all blame Burwood for this.

Seriously though, you are quite right. We are approaching the point where we all come out with a very high return over a short time period, rather tan take excessive and increasing risks holding out for more.

The next few weeks will be tellin times, our job is to protect as well as grow.

Cheers

Julian

Edited by JulianPH on Saturday 6th March 14:43

[Phooey]

Ok, so where the bloody hell am I going to put the cash from the Delta / Norwegian sale

[Simpo Two]

pingu393 said:

As the number of funds in PHR get lower, these "blips" will get bigger. Get the sick bags ready - a bumpy ride ahead. I'm still confident that it will be net gains, though.

I think it means that the finger over the 'sell' button will just have to be very quick. Perhaps it can be set up to auto-sell if the target price is reached? That would save JPH having to hunch over his PC 24/7

Phooey said:

Ok, so where the bloody hell am I going to put the cash from the Delta / Norwegian sale

Simpo Investments' new Guatemalan Trouser Fund is ideally poised for growth... and you get a free Parker Pen just for joining. Discount for cash.

[Mazinbrum]

Simpo Two said:

Simpo Investments' new Guatemalan Trouser Fund is ideally poised for growth... and you get a free Parker Pen just for joining. Discount for cash.

Can we invest in red trousers?

[renmure]

Phooey said:

Ok, so where the bloody hell am I going to put the cash from the Delta / Norwegian sale

Back in the pot it came out of methinks.

[Carbon Sasquatch]

I must be doing they IM thing all wrong......

I thought the whole point was to give them your money and not give it another thought for a few years.

I hadn't realised that I was supposed to behave like a day trader and second guess every decision they make.

[renmure]

Carbon Sasquatch said:

I must be doing they IM thing all wrong......

I thought the whole point was to give them your money and not give it another thought for a few years.

I hadn't realised that I was supposed to behave like a day trader and second guess every decision they make.

No, but you've possibly not quite got the idea of PHR where you actually do have to decide what to do with your own money when stocks are sold down because nobody else is going to do it for you, Unless you want it sitting as cash I suppose.

[leef44]

Carbon Sasquatch said:

I must be doing they IM thing all wrong......

I thought the whole point was to give them your money and not give it another thought for a few years.

I hadn't realised that I was supposed to behave like a day trader and second guess every decision they make.

You are quite right. This is for long term investment however there are some on here who are getting carried away or are enjoying having a bit of fun along the ride.

[JeremyH5]

leef44 said:

Carbon Sasquatch said:

I must be doing they IM thing all wrong......

I thought the whole point was to give them your money and not give it another thought for a few years.

I hadn't realised that I was supposed to behave like a day trader and second guess every decision they make.

You are quite right. This is for long term investment however there are some on here who are getting carried away or are enjoying having a bit of fun along the ride.

I think there’s a lot of the latter going on. My wife thinks I’m a muppet for logging in daily to check progress. I have concluded she’s right. Keeps me amused anyway, and thanks to all those having fun

[Simpo Two]

Mazinbrum said:

Simpo Two said:

Simpo Investments' new Guatemalan Trouser Fund is ideally poised for growth... and you get a free Parker Pen just for joining. Discount for cash.

Can we invest in red trousers?

Long or short?

[Mazinbrum]

Simpo Two said:

Mazinbrum said:

Simpo Two said:

Simpo Investments' new Guatemalan Trouser Fund is ideally poised for growth... and you get a free Parker Pen just for joining. Discount for cash.

Can we invest in red trousers?

Long or short?

Definitely go long, I’m an investor not a trader. Long red trousers are essential attire for any successful investor/boat owner.

[Simpo Two]

Mazinbrum said:

Definitely go long, I’m an investor not a trader. Long red trousers are essential attire for any successful investor/boat owner.

Good choice. If you invest over 100K before next Thursday you get a free pair of matching braces too My promotions department is costing me a ruddy fortune...