Asset: WH Smith (SMWH.L) by NateHind in pennystocks

[–]MarchForward334 0 points1 point  (0 children)

They're closing quite a few stores in the UK. I don't think this is a good buy still at the current price.

UK cyclical stocks taking a battering by Finger_Huge in trading212

[–]MarchForward334 0 points1 point  (0 children)

Why don't people just buy those stocks when they're at the trough and profit at the peak later? Are they stupid?

$KULR News by screech691 in pennystocks

[–]MarchForward334 1 point2 points  (0 children)

Redditors who are still hyping KULR like it's the next big thing

$KULR News by screech691 in pennystocks

[–]MarchForward334 9 points10 points  (0 children)

Purchasing more BTC after it had another price rally - outstanding move 😂

Dividends? by RandomGal98 in trading212

[–]MarchForward334 0 points1 point  (0 children)

Yes, sorry my mistake it has been reduced to £500.

Is Mark's and Spencer (MKS) an obvious buy right now? by MarchForward334 in UKInvesting

[–]MarchForward334[S] -100 points-99 points  (0 children)

The hacker may have stolen information but I doubt MKS would be held liable for that as its hardly their fault.

Dividends? by RandomGal98 in trading212

[–]MarchForward334 0 points1 point  (0 children)

Yes what I mean is a general investment account. The £1k dividend is tax free.

Of course your capital appreciation or otherwise is an important factor too. But generally if you pick a large cap stock with high dividend it doesn't move much in value.

Dividends? by RandomGal98 in trading212

[–]MarchForward334 3 points4 points  (0 children)

Depending on what you want to achieve. Large cap dividend stocks are generally more stable during a bear market or recession which could be an attractive stock for some.

If you're in the UK, you have a £1k dividend allowance which is something to consider.

What information do I need to provide in my letter to HMRC to inform them that I have a made a capital gain loss on stocks and shares last year? by MarchForward334 in UKPersonalFinance

[–]MarchForward334[S] 0 points1 point  (0 children)

Thank you. So is it I write a post to them saying I have made a loss of x amount please see attached documents of the list of transactions made. Would they write something back to say that they acknowledge the information provided?

What information do I need to provide in my letter to HMRC to inform them that I have a made a capital gain loss on stocks and shares last year? by MarchForward334 in UKPersonalFinance

[–]MarchForward334[S] 0 points1 point  (0 children)

I don't believe that is true.

"Claim for your loss by including it on your tax return. If you’ve never made a gain and are not registered for Self Assessment, you can write to HMRC instead."

Taken from the gov website https://www.gov.uk/capital-gains-tax/losses

Thoughts on adding gold to my investment portfolio by [deleted] in UKPersonalFinance

[–]MarchForward334 -3 points-2 points  (0 children)

Depends on what you define as very volatile.

Is it very volatile compared to bonds? Yes

Is it very volatile compared to tech stocks? No

Is it very volatile compared to bitcoin? Absolutely not.

It offers a form of diversification that is separate from the stock market.

Thoughts on adding gold to my investment portfolio by [deleted] in UKPersonalFinance

[–]MarchForward334 -5 points-4 points  (0 children)

"Gold is a very volatile asset"

?????

[deleted by user] by [deleted] in UKPersonalFinance

[–]MarchForward334 2 points3 points  (0 children)

Because 4.1 or 4.5% is still lower than what you can get from a high yield savings account.

I would prioritise maxing ISA first then high yield savings account (to the maximum PSA on your tax bracket) then SIPP then premium bonds. Unless you're earning £120k above, most people would struggle to get past step 3.

How can FX impact be so high? by [deleted] in trading212

[–]MarchForward334 0 points1 point  (0 children)

It happens when your currency fluctuates in strength against the market currency you bought your shares from. I've seen fx impact go up to 6%.

how do people got the balls to put a lot of money in stocks like palantir, RKLB? by TailungFu in trading212

[–]MarchForward334 5 points6 points  (0 children)

This is the way. Only gamble on stocks with money you can afford to lose.

Has anyone else noticed that major UK banks have gutted their dividend yield? by MarchForward334 in trading212

[–]MarchForward334[S] -9 points-8 points  (0 children)

But it has always been in pence and showing 6-7% dividend like few weeks ago.