How To Buy Bitcoin In The UK

How quickly times change. Gamestop is old news and Bitcoin is back in fashion. The price of the cryptocurrency has sky rocketed over the past year going from approx £5,000 to £35,000. That is an insane increase of 600%.   There are a number of reasons for this. Governments debasing currencies from all the money printing that has been going on. Secondly, cryptocurrency is anti-establishment and this movement is gaining traction from the BLM protests, to the capital riots to the Gamestop saga. Thirdly, and arguably most importantly, bitcoin is becoming mainstream with a number of big corporations such as Tesla and a number funds such as Blackrock, Ruffer and […]

Selling Coca Cola From My ISA and Moving It To My SIPP Portfolio – US Stocks Dividend Withholding Tax

Coca Cola is a never sell stock. It is one of those businesses that has been around for 100 years and will be around for 100 more. The soft drinks industry doesn’t change fast. My grandad drank Coke, so did my dad and so do I. I am sure my kids and grand kids will do too. They are not many companies with the heritage, resilience and staying power of coca cola and that is why it is one of the companies on my stock list; a list of the greatest companies in the world that can be held for year and years and will compound your money nicely over […]

Sandstorm Stock Explodes Higher – Another Case Of Mistaken Identity

It feels like not a day goes by where there isn’t a strange occurrence in the stock markets. The latest story involves Elon Musk and Sandstorm. With 45.4 million followers, a great track record (Paypal, Tesla, Space X) and being the richest man on the planet, Elon Musks tweets have the power to move markets. Every tweet he shoots off garners attention from his followers worldwide. And this has lead to people trying to capitalise on this. Just look at how Dogecoin, GameStop and Signal (albeit the wrong one) spiked upon mention by the richest man in the world.    But what happened yesterday takes the cake!   He tweeted […]

What I have been reading – January 2021

Gamestop frenzy The reddit campaign to push its stock up started two months ago. At first shares rose a little. That caught people’s attention, those people bought, which pushed prices up more, which caught more people’s attention – on and on – until this week when virtually every investor in America is paying attention to GameStop because it’s risen so high, and it’s rising high because every investor in America is paying attention to it. I have three friends who bought a few shares of GameStop this week “to see what happens.” They’re only doing that because the price went up. And they’re making the price go up. Collaborative Fund […]

January Stock Market Purchase – FTSE Brexit Woes

I can’t believe we are still in January! How long has this month been? The month started with capitol riots (how long ago does that seem) and is ending with a riot on Hedge Funds and Wall Street. January 2021 is one of the crazier months I have lived through. On the markets, the FTSE 100 jumped out the blocks in the early parts of the month outpacing rivals. The FTSE100 gained 6.1% to mid January. On the other hand, the DAX (Germany)and the Nikkei 225 (Japan) gained 2.5%, whilst the S&0p 500 (US) gained 1.3%   The FTSE 100 being the best performer is the early parts of the […]

The Full Gamestop VS WallStreetBets Story – Shorting Hedge Funds

Trading in Gamestop (NYSE:GME) has caught the worlds attention. The story has gotten everyone talking from richest man in the world Elon Musk ( who is against the hedge funds) to taxi drivers. It  is soo engulfing that it has got Donal Trump jnr and hard left democrats on the same page for once. What started out  an opportunity for some in the Redditt subgroup /r/wallstreetbets to make money has now morphed into something much more more.   The Gamestop story is the everyday Joe saying they don’t like a system geared to the already rich. The story is about about capitalism, class warfare, free markets, censorship, freedom of speech, […]

Buying Shares in AMC Networks Vs AMC Entertainment – What stock is WallStreetBets Tipping?

Reddit subgroup r/wallstreetbets bets taking on the big hedge funds is a story for the ages.   Whilst the original Wallstreetbets posters had a good ‘short squeeze‘ thesis and have made big money. I fear it might not necessarily be a good buy anymore for the retail investor that could get caught holding the baby.   Many of the newer buys are buying based on speculation rather than any research or due diligence. A case in point is AMC Entertainment (NYSE: AMC) vs AMC Networks (NASDAQ: AMCX).   AMC Entertainment, alongside Gamestop, is being tipped by Redditors and social media alike as a way to make money from the short […]

The Gamestop Short Squeeze (NYSE:GME)

The Gamestop Short squeeze is quickly becoming the stuff of legends. From a price of under $3 a year ago, shares in Gamestop now trade hands at over $200 a share. That is close to 100x return. If you had put in $10,000 in to Gamestop shares about a year ago, you would be sitting on a cool $1,000,000. That is truly epic considering Gamestop was dead and buried a year ago. The people at popular subreddit group /r/wallstreetbets crafted the greatest short squeeze of all time. What Is A Short Squeeze? When you believe a stock is going to rise in value, you are said to be “long” the […]

WallStreetBets Saved My Gamestop Position – Redditors Take Over The Market

One of my tight-held mantras is that investing on the stock market should be methodical and boring. If excitement is what one craves, they should perhaps go visit a casino. That is why I am ashamed to say I broke my rule book last week gamifying the stock market and watching every tick $GME made. So what happened?   The reddit group wall street bets and Gamestop. That’s what.   A little background first. A few years ago, before I came to my senses and only started investing in high quality stocks, I bought shares in Gamestop; the American video game, consumer electronics, and gaming merchandise retailer. Buying the shares […]

Fundsmith 2020 Full Annual Letter To Shareholders

The eagerly anticipated annual letter to shareholders from Fundsmith has been released today, Wednesday 20 January 2021. Much like Warren Buffets annual letter has become compulsory reading for any aspirational investor, so too has Terry Smith writings. And it hasn’t disappointed. Smith has given his thoughts on the pandemic as well provided trends that have been accelerated as a result   Fundsmith produced another barnstorming year in 2020 delivering returns of 18.3% far outpacing the benchmark. Since inception roughly 10 years ago, the cumulative returns have been 449.3%! No wonder fundsmith is one of the only funds I invest in.    Looking at the Fundsmith portfolio, it is no surprise […]