Your questions answered Vol 2 - IM Private Clients

Your questions answered Vol 2 - IM Private Clients

Author
Discussion

Simpo Two

85,319 posts

265 months

Tuesday 14th June 2022
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AdamIM said:
Microsoft acquires Miburo Cyber security research firm. A small transaction relatively speaking however Miburo specialise in foreign state actor threat analysis and their clients are the military and security agencies (Governments).
One of my colleagues back in pre-digital days came from Ilford (photographic paper not urban conurbation). They knew when something was about to kick off when the MoD started placing large orders!

NorthDave

2,364 posts

232 months

Thursday 16th June 2022
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There isn't much chat about PHO on here! Am I the only one in it? My values are down about 30% from peak which is a kick in the teeth.

Glad I haven't gone all in! Guess I just have to log out and forget about it for a few years.

bogie

16,375 posts

272 months

Thursday 16th June 2022
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NorthDave said:
There isn't much chat about PHO on here! Am I the only one in it? My values are down about 30% from peak which is a kick in the teeth.

Glad I haven't gone all in! Guess I just have to log out and forget about it for a few years.
Yep, I have some of my SIPP in PHO and its down ....I have a 7-10 year window for my SIPP so will check back later.

PorkInsider

5,882 posts

141 months

Thursday 16th June 2022
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I'm sure a lot of us are in PHO, but just trying the old 'head in sand' approach at the moment.

As above, will check back later...

anonymous-user

54 months

Thursday 16th June 2022
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bogie said:
NorthDave said:
There isn't much chat about PHO on here! Am I the only one in it? My values are down about 30% from peak which is a kick in the teeth.

Glad I haven't gone all in! Guess I just have to log out and forget about it for a few years.
Yep, I have some of my SIPP in PHO and its down ....I have a 7-10 year window for my SIPP so will check back later.
Yep, head in the sand time. Trust in IM, long game etc... I'm a bit too scared/risk averse to "buy the dip" though.

Phooey

12,591 posts

169 months

Thursday 16th June 2022
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I dipped into PHO at the start and pulled out 3 or 4 months ago at an approx -15% loss. I liked the idea of the portfolio but looked at the individual stocks in it and thought - how would they fare in a recession? Hence cutting my losses.


There's some interesting stocks in it, and I'm looking to dip (or possibly one-off lump) back in if it drops another -20 to -30%

Carbon Sasquatch

4,624 posts

64 months

Thursday 16th June 2022
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PHO is the ugly kid that no-one wants to talk about - I bought in at the beginning frown

I thought I'd bought the dip at the start of April - 5k each into Index 100, PHE, PHO & PHT - they are performing in that order best to worst - admittedly a very short window & hopefully will rebound accordingly smile

PM3

702 posts

60 months

Thursday 16th June 2022
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Being a coward after buying in PHO near(ish)beginning , I bailed on PHO and swapped it to IM100 just before close of 21/22 tax year , Quick paper calculation I figure the PHO swap saved me what would have been about 9% drop in that capital.

Carbon Sasquatch

4,624 posts

64 months

Thursday 16th June 2022
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PM3 said:
Being a coward after buying in PHO near(ish)beginning , I bailed on PHO and swapped it to IM100 just before close of 21/22 tax year , Quick paper calculation I figure the PHO swap saved me what would have been about 9% drop in that capital.
You're better off but not by a huge amount. On 5k, my PHO position is £189 lower than my IM100 position since the start of April.

Ron-ski

372 posts

58 months

Thursday 16th June 2022
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Unfortunately I bought in at the beginning, and I'm still in cry

Did I miss the post where Adam said how well Asos was doing? It's down 26%, actually make that 27.6%, this morning, since September it's down 73%, which is more than Netflix cry

PHO on average is down 28% since September.

PM3

702 posts

60 months

Thursday 16th June 2022
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Carbon Sasquatch said:
PM3 said:
Being a coward after buying in PHO near(ish)beginning , I bailed on PHO and swapped it to IM100 just before close of 21/22 tax year , Quick paper calculation I figure the PHO swap saved me what would have been about 9% drop in that capital.
You're better off but not by a huge amount. On 5k, my PHO position is £189 lower than my IM100 position since the start of April.
Tell me about it ! case in point , PHT . anway , I like the stocks in there ( in comparison ) and I just dumped into that too and I promise myself that it will be left alone for at least 5 years . I envisage I will add the new money to PHT later , and leave my other funds with IM as they are.

KTF

9,802 posts

150 months

Thursday 16th June 2022
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Ron-ski said:
Unfortunately I bought in at the beginning, and I'm still in cry

Did I miss the post where Adam said how well Asos was doing? It's down 26%, actually make that 27.6%, this morning, since September it's down 73%, which is more than Netflix cry

PHO on average is down 28% since September.
I am also still in. Not planning on exiting anytime soon though.


Stevil

10,656 posts

229 months

Thursday 16th June 2022
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Any more news on the managed offering and when we might be able to get involved there?

XJSJohn

15,963 posts

219 months

Thursday 16th June 2022
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soddin typical (or perhaps lucky depending on what i might have done otherwise) but just received a chunk of cash (about 50k) the day the rug got pulled out of the markets .....

The cash is ultimately destined for another project but because of assorted delays will now be burning a hole in a bank account until next spring.

what would the wise and sage financial guru's of PH do with the wonga for 6 to 9 months.

i want to stick it somewhere out of the way so i dont spend it on coke and hookers, or just generally squander it, and would like to see some return, but it looks like a trip to the casino is a safer idea than a play on the markets at the moment!

The wife is keen on flipping Hermes Handbags with it, which actually doesn't look as daft an idea as first thought, until i realised that she will not actually want to sell the bloody things ...

NorthDave

2,364 posts

232 months

Thursday 16th June 2022
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Ron-ski said:
Unfortunately I bought in at the beginning, and I'm still in cry

Did I miss the post where Adam said how well Asos was doing? It's down 26%, actually make that 27.6%, this morning, since September it's down 73%, which is more than Netflix cry

PHO on average is down 28% since September.
I'm one of the OGs too. Smarts a little! Wish I'd just left it all in with my other investments to be honest. I'm just going to ignore it for a while and keep everything crossed I think.

PM3

702 posts

60 months

Thursday 16th June 2022
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XJSJohn said:
soddin typical (or perhaps lucky depending on what i might have done otherwise) but just received a chunk of cash (about 50k) the day the rug got pulled out of the markets .....

The cash is ultimately destined for another project but because of assorted delays will now be burning a hole in a bank account until next spring.

what would the wise and sage financial guru's of PH do with the wonga for 6 to 9 months.

i want to stick it somewhere out of the way so i dont spend it on coke and hookers, or just generally squander it, and would like to see some return, but it looks like a trip to the casino is a safer idea than a play on the markets at the moment!

The wife is keen on flipping Hermes Handbags with it, which actually doesn't look as daft an idea as first thought, until i realised that she will not actually want to sell the bloody things ...
Premium bonds ( what I have done with a sum I need intact until about same time you mention ) unexciting, safe and slightly out of mind

Mr Pointy

11,201 posts

159 months

Thursday 16th June 2022
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XJSJohn said:
What would the wise and sage financial guru's of PH do with the wonga for 6 to 9 months.
Sit on the cash - at the most put it into Premium Bonds. Nine months is way too short a timescale to consider investing it, especially in these volatile times.

pingu393

7,771 posts

205 months

Thursday 16th June 2022
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PM3 said:
Being a coward after buying in PHO near(ish)beginning , I bailed on PHO and swapped it to IM100 just before close of 21/22 tax year , Quick paper calculation I figure the PHO swap saved me what would have been about 9% drop in that capital.
I only put a small amount in - just to test it. One of my better decisions.

I only look at the big number now. I seem to have paid for several of these watches over the last few weeks without even asking for one. I wonder when they'll arrive, or if I'll get a refund. winksilly

Intelligent Money

Original Poster:

506 posts

63 months

Thursday 16th June 2022
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Stevil said:
Any more news on the managed offering and when we might be able to get involved there?
Hi Stevil

We are in the final stages and with a following wind we will be good to go in the next 10 days.

Slightly behind where we would of liked to be but back on track now.

Cheers

Nik

JerryEXE

523 posts

99 months

Thursday 16th June 2022
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Putting all of the doom and gloom to the side for a moment, an important question … when is the track day for the watch buyers?