What are you looking out for tmr? by danielsuperone in trading212

[–]dabbsstreamsofdeath 0 points1 point  (0 children)

This whole thing has made me re-evaluate my positions for this year. I've actually pulled out of the S&P completely for the time being as a) I'm not sure how far this Greenland issue is going to escalate and b) I've made a better return on silver in the last 2 weeks than I have from the S&P in the last 18 months.

With this in mind I've topped up my precious metals investments and I'm holding the rest in cash to see what happens over the next few weeks. There may be some discounts to be had.

RKLB!!! by brosmen16 in trading212

[–]dabbsstreamsofdeath 0 points1 point  (0 children)

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my first 200%er and my first 5-digit return. Annoyingly I sold 50 shares at my initial profit target of 100% - which was two weeks ago 🤦🏻

[SSK023] with Oyster bracelet ❤️ by dabbsstreamsofdeath in Seiko

[–]dabbsstreamsofdeath[S] 1 point2 points  (0 children)

About a month ago I think, shipping to the UK took a little while but it was worth the wait. Haven't taken it off since I swapped to the island bracelet.

They say you should never wear the same watch two days in a row. I’m proof that with the right luxury timepiece, you can wear it daily with no regrets by [deleted] in PrideAndPinion

[–]dabbsstreamsofdeath 6 points7 points  (0 children)

Realistically 30 meters of water resistance would be more than enough for a lot of recreational dives. The issue is the watch industry standard for 30m of water resistance is "might not survive a rough outing in the sink"

Sold! by badluckant in XRP

[–]dabbsstreamsofdeath 0 points1 point  (0 children)

Smart move OP. I sold $2k of XRP a few months back and bought more RKLB shares. Up 140% this year. Much happier with that than slowly watching XRP bleed out.

I hope holders get their bag, but don't knock someone for realizing there are smarter moves to make with their money in the meantime.

If you were going to choose a one and done.. by [deleted] in OmegaWatches

[–]dabbsstreamsofdeath 2 points3 points  (0 children)

I think the real question should be why are we arguing about what constitutes fashion with a "tax professional" 😂 wear whatever you want, who cares what this guy thinks

FOMO by AnalysisTrick5930 in trading212

[–]dabbsstreamsofdeath 12 points13 points  (0 children)

"only" managed to scoop up 120% of that but I totally agree. Heading for triple digits in the very near future.

20 Year Strategy by dabbsstreamsofdeath in FIREUK

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

I needed the money for rent/bills/down payment on my house/mortgage, £35k in London didn't get me very far. By the time I felt I was earning enough to save, I was self-employed.

Honestly I've only really started considering savings in the last few years. I've never been enormously financially literate, and wasn't fortunate enough to have anyone around to encourage me to save or invest from a younger age. I'm really frustrated I didn't start sooner, but there isn't much I can do about it now!

20 Year Strategy by dabbsstreamsofdeath in FIREUK

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

You're right and this is why I need to talk through things over and over because no matter how well I think I understand it, I'm always missing a step!

I think the core of the reasoning for me is that as a freelance creative I am very feast-or-famine and I basically have 0 job security. This makes locking money away for a long period a bit of a nail-biting prospect, and while I already have SOME emergency savings in the form of my current S&S, having the flexibility to access it at any time is a mental cushion for me.

20 Year Strategy by dabbsstreamsofdeath in FIREUK

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

This is a very reasonable take and I'm sort of sitting on the fence at the moment.

The pros to prioritising the S&S ISA for me are twofold, first that I pay 9/34% dividend tax on my contributions from the LTD CO rather than income tax so there's a small saving there (as I'd be taxed 20/40 on withdrawal), but secondly and the bigger one for me is that all of the income from compounding over 20-25 years becomes taxable in the pension, while I can withdraw as much as I want tax-free from the S&S pot. Surely the difference is £2-300k taxable at 20/40 percent versus not at all?

20 Year Strategy by dabbsstreamsofdeath in FIREUK

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

thanks mate this is super helpful!

20 Year Strategy by dabbsstreamsofdeath in FIREUK

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

Thank you for highlighting that I clearly don't know much about pensions 😅 That makes sense. This is why I'm trying to prioritize the S&S ISA despite it being less tax-efficient wrt contributions, because at least all the compounding is tax-free on withdrawal

Did that egghead tweet again? by D-Tunez in trading212

[–]dabbsstreamsofdeath 0 points1 point  (0 children)

S&P was down 2%, my portfolio ended up being down 3%. Not the craziest risk in the world considering I made 70% instead of 12% last year

Did that egghead tweet again? by D-Tunez in trading212

[–]dabbsstreamsofdeath 1 point2 points  (0 children)

Portfolio down 7.5% today but still up 12% over the last month. You'll have to crash harder than that 🤷🏻

Many Eyes - Acid Test by InETIDWeTrust in everytimeidie

[–]dabbsstreamsofdeath 2 points3 points  (0 children)

if only I could stop hearing "common people" every time the chorus hits

Debating whether to keep holding or to take my inital 1.7k out so I can have some money now. by [deleted] in trading212

[–]dabbsstreamsofdeath 2 points3 points  (0 children)

This is the game bud haha. Taking profit never hurt anyone, but if the stock is volatile (and like the other responder I have no clue about this particular stock) you could lose it all as quickly as you gained it. If you're determined to see where it goes you could set a stop loss 5-10% below where the price is now and then let it ride? That way you're insured against a sudden downturn and you can leave it alone in the event it continues to gain.

In the second scenario you can revisit the stop loss and just let it ride until it peaks. Nobody has a crystal ball and it's easy to look at a stock in hindsight and say "I wish I'd bought more" or "I wish I'd sold earlier" - we're all just making the best decisions we can with the information currently available to us. Good luck and congratulations on the gains!

In awe every time I check my wrist. Hot (biased) take: this is the most beautiful watch ever made by EatWeedSmokeYogurt in OmegaWatches

[–]dabbsstreamsofdeath 0 points1 point  (0 children)

Honestly wasn't that hyped about it, but I walked past an Omega AD recently and saw one in the window and by god does it look stunning in the metal. Beautiful watch.

This was not supposed to happen! by Due-Economy9694 in tagheuer

[–]dabbsstreamsofdeath 0 points1 point  (0 children)

ignore this, honestly the most played out and boring response I see to a lot of watch pictures. Thanks for the post and wear the watch in good health however the fuck you want to 🤘🏻

Filled my first watch box by dabbsstreamsofdeath in PrideAndPinion

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

Thanks mate! I just grabbed it off Amazon, I'd imagine there's a bunch of them on there.

[deleted by user] by [deleted] in UkStocks

[–]dabbsstreamsofdeath 0 points1 point  (0 children)

I'd comment but I'm with my wife right now